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Stock-Based And Long-Term Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Stock-Based And Long-Term Compensation [Abstract]  
Summary Of The Valuation Assumptions Used To Calculate The Fair Value Of Stock Option Grants

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31,

 

 

2012

 

2011

 

2010

 

 

Actual

 

Actual

 

Actual

 

 

 

 

 

 

 

Weighted average fair value of grants

 

$          21.76

 

$          13.54

 

$          10.56

 

 

 

 

 

 

 

Black-Scholes-Merton Assumptions:

 

 

 

 

 

 

 Risk free interest rate

 

0.41% 

 

0.85% 

 

2.07% 

 Expected life (years)

 

 

 

 Volatility

 

55.27% 

 

56.31% 

 

49.28% 

 Dividend yield

 

 -

 

 -

 

 -

 

Summary Of Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Options

 

Weighted Average Option Price

 

Weighted Average Remaining Contractual Term (in years)

 

Aggregate Intrinsic Value
(in thousands)

 

 

 

 

 

 

 

 

 

Outstanding as of December 31, 2009

 

3,538,545 

 

$        15.84

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

1,549,058 

 

$        25.04

 

 

 

 

Exercised

 

(87,150)

 

$        10.62

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding as of December 31, 2010

 

5,000,453 

 

$        18.78

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

207,183 

 

$        28.97

 

 

 

 

Exercised

 

(876,435)

 

$        11.71

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding as of December 31, 2011

 

4,331,201 

 

$        20.70

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

78,043 

 

$        28.57

 

 

 

 

Assumed and converted in connection

 

 

 

 

 

 

 

 

with acquisition of Complete Production

 

 

 

 

 

 

 

 

Services, Inc.

 

2,668,046 

 

$        10.56

 

 

 

 

Exercised

 

(1,962,248)

 

$          7.53

 

 

 

 

Forfeited

 

(191,940)

 

$        25.63

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding as of December 31, 2012

 

4,923,102 

 

$        20.52

 

5.3 

 

$           16,334

 

 

 

 

 

 

 

 

 

Exercisable as of December 31, 2012

 

4,513,913 

 

$        19.87

 

5.1 

 

$           16,334

 

 

 

 

 

 

 

 

 

Options expected to vest

 

409,189 

 

$        27.66

 

8.4 

 

$                     -

 

Summary Of Stock Options Outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Outstanding

 

Options Exercisable

Range of

 

 

 

Weighted Average

 

Weighted

 

 

 

Weighted

Exercise

 

 

 

Remaining

 

Average

 

 

 

Average

Prices

 

Shares

 

Contractual Life

 

Price

 

Shares

 

Price

 

 

 

 

 

 

 

 

 

 

 

$4.00 - $9.72

 

108,453 

 

2.7 years

 

$         6.56

 

108,453 

 

$         6.56

$10.36 - $10.90

 

988,771 

 

2.8 years

 

$       10.61

 

988,771 

 

$       10.61

$12.45 - $16.56

 

379,204 

 

5.6 years

 

$       13.53

 

379,204 

 

$       13.53

$17.46 - $23.00

 

1,696,936 

 

5.6 years

 

$       20.29

 

1,624,210 

 

$       20.22

$24.00 - $30.00

 

1,283,259 

 

7.1 years

 

$       26.25

 

994,111 

 

$       25.76

$34.40 - $37.64

 

458,066 

 

5.7 years

 

$       35.38

 

410,751 

 

$       35.45

$40.00 - $40.69

 

8,413 

 

5.2 years

 

$       40.69

 

8,413 

 

$       40.69

 

Summary Of Non-Vested Stock Option Activity

 

 

 

 

 

 

 

 

 

Number of Options

 

Weighted Average Grant Date Fair Value

 

 

 

 

Non-vested as of December 31, 2011

683,456 

 

$        11.59

Granted

78,043 

 

$        13.19

Assumed and converted with acquisition

 

 

 

of Complete Production Services, Inc.

177,867 

 

$        12.41

Vested

(384,180)

 

$        11.51

Forfeited

(145,997)

 

$        10.77

 

 

 

 

Non-vested as of December 31, 2012

409,189 

 

$        12.71

 

Summary Of The Status Of Restricted Stock

 

 

 

 

 

 

 

 

 

Number of Shares

 

Weighted Average Grant Date Fair Value

 

 

 

 

 

 

 

 

Non-vested as of December 31, 2011

1,039,717 

 

$               27.07

Granted

362,904 

 

$               22.87

Assumed and converted with acquisition

 

 

 

of Complete Production Services, Inc.

609,743 

 

$               30.90

Vested

(520,575)

 

$               25.03

Forfeited

(194,896)

 

$               29.98

 

 

 

 

Non-vested as of December 31, 2012

1,296,893 

 

$               27.89

 

Summary Of Restricted Stock Activity

 

 

 

 

 

 

 

 

 

Number of Restricted Stock Units

 

Weighted Average Grant Date Fair Value

 

 

 

 

Outstanding as of December 31, 2011

170,457 

 

$              28.64

Granted

86,758 

 

$              21.48

 

 

 

 

Outstanding as of December 31, 2012

257,215 

 

$              26.23