SHARE-BASED COMPENSATION

3 Months Ended

Mar. 31, 2014

NOTE H – SHARE-BASED COMPENSATION

Restricted Stock Units

A summary of the Company’s restricted stock unit award program is presented below:

	Units

Outstanding — January 1, 2014	1,443,460
Granted	750
Vested	(6,821	)
Forfeited	(18,898	)
Outstanding — March 31, 2014	1,418,491

Stock Options

A summary of the Company’s stock option program is presented below:

					Weighted-
					Average
			Weighted-		Remaining	Intrinsic
	Shares		Average		Contractual	Value
	Under Option(1)		Exercise Price		Term (in years)	(in thousands)

Outstanding — January 1, 2014	35,730		$	29.10
Granted	—		—
Exercised	(35,530	)	29.10
Forfeited	(200	)	29.10
Outstanding — March 31, 2014	—		$	—	—	$	—

(1) All options outstanding at December 31, 2013 were exercised or forfeited as of January 31, 2014.

As of March 31, 2014, the Company had not elected to treat any exercised options as employer Stock Appreciation Rights (“SARs”) and no employee SARs had been granted. No stock options have been granted since 2004.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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