v2.4.0.6
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2011
Stock-Based Compensation  
Schedule of assumptions used in estimating fair value of stock options using Black-Scholes option pricing model

 

 

 
  2011   2010   2009  

Risk-free interest rate

    1.22 - 2.78 %   2.00 - 3.45 %   1.37 - 2.32 %

Dividend yield

    6.75 %   6.75 %   5.75 %

Volatility factors of the expected market price for our common stock

    35.7 - 44.3 %   37.1 - 44.6 %   36.1 - 42.7 %

Weighted average expected life of options

    4.25 - 7.0 years     4.25 - 7.0 years     3.5 - 6.0 years  
Summary of stock option activity

 

 

Activity
  Shares   Range of Exercise
Prices
  Weighted Average
Exercise Price
  Weighted
Average
Remaining
Contractual
Life (years)
  Intrinsic
Value
($000's)
 

Outstanding as of December 31, 2010

    1,656,558   $ 11.34 - $45.26   $ 38.12              

Options granted

    376,451     52.48 -  57.19     53.64              

Options assumed from NHP

    108,785     48.60 -  48.60     48.60              

Options exercised

    (94,789 )   11.34 -  48.60     26.00              

Options canceled

                         
                               

Outstanding as of December 31, 2011

    2,047,005     11.45 -  57.19     42.10     6.9   $ 26,734  
                           

Exercisable as of December 31, 2011

    1,685,965   $ 11.45 - $57.19   $ 40.22     6.5   $ 25,158  
                           
Summary of status of nonvested stock options and changes during the year

 

 

Activity
  Shares   Weighted Average
Grant Date Fair
Value
 

Nonvested at beginning of year

    340,203   $ 8.33  

Granted

    376,451     11.17  

Assumed from NHP

    108,785     9.93  

Vested

    (464,399 )   9.12  

Forfeited

         
             

Nonvested at end of year

    361,040   $ 10.76  
             
Summary of status of nonvested restricted stock and restricted stock units and changes during the year

 

 

 
  Restricted
Stock
  Weighted
Average
Grant Date
Fair Value
  Restricted
Stock Units
  Weighted
Average
Grant Date
Fair Value
 

Nonvested at December 31, 2010

    493,967   $ 43.10     4,690   $ 39.28  

Granted

    393,764     53.33     2,050     52.48  

Assumed from NHP

    1,337     53.74     41,495     53.74  

Vested

    (281,090 )   42.29     (14,946 )   50.08  

Forfeited

    (15,780 )   51.22          
                       

Nonvested at December 31, 2011

    592,198   $ 50.09     33,289   $ 53.27