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CAPITAL STOCK
12 Months Ended
Dec. 31, 2012
CAPITAL STOCK  
CAPITAL STOCK

NOTE 20 CAPITAL STOCK

 We have 199 million authorized shares of common stock. The number of shares of common stock and treasury stock and the share activity were as follows:

 
  Common Shares
  Treasury Shares
 
 
  2012
  2011
  2012
  2011
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at the beginning of the year

    82,773,322     81,796,938     16,921,022     15,047,020  

Employee option exercises

    1,234,163     933,175     (379,453 )   (196,817 )

Director option exercises

    69,833     34,500          

Restricted stock vestings

    9,023     8,709          

Common stock repurchases

            1,616,433     2,070,819  
                   

Balance at the end of the year

    84,086,341     82,773,322     18,158,002     16,921,022  
                   

        The cash dividends paid on the common stock for the years ended December 31, 2012, 2011, and 2010 aggregated $58.4 million, $53.3 million and $44.5 million, respectively.