XML 64 R40.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Stock Plans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Schedule Of Stock-Based Compensation Expense | Stock-based compensation expense was as follows:
(In thousands) | 2014 |  | 2013 |  | 2012
Restricted stock | $ | 4,026 |  |  | $ | 4,129 |  |  | $ | 4,744 |
Stock options | 2,355 |  |  | 2,825 |  |  | 2,435 |
Performance stock | 2,672 |  |  | 3,383 |  |  | 2,831 |
Total compensation expense before income taxes | 9,053 |  |  | 10,337 |  |  | 10,010 |
Income tax benefit | 3,293 |  |  | 3,810 |  |  | 3,700 |
Total compensation expense, net of income tax benefit | 5,760 |  |  | 6,527 |  |  | 6,310 |
Schedule Of Fair Value Weighted Average Assumptions For Options Granted | Stock option expense is based on the fair value of stock option grants estimated on the grant dates using the Black-Scholes option pricing model and the following weighted average assumptions for options granted in 2014, 2013 and 2012.
| 2014 |  | 2013 |  | 2012
Fair value per option | $ | 17.26 |  |  | $ | 14.17 |  |  | $ | 10.77 |
Risk-free interest rate | 2.1 | % |  | 1.2 | % |  | 1.2 | %
Expected dividend yield | 2.4 | % |  | 2.8 | % |  | 3.1 | %
Expected volatility | 41 | % |  | 39 | % |  | 41 | %
Expected life (years) | 6.6 |  |  | 6.1 |  |  | 6.1 |
Summary Of Option Activity | A summary of option activity follows:
| Shares |  | Weighted Average Exercise Price |  | Exercisable at Year-end
Outstanding January 1, 2012 | 1,818,640 |  |  | $ | 30.94 |  |  |
Granted | 196,469 |  |  | 37.33 |  |  |
Exercised | (223,022 | ) |  | 18.93 |  |  |
Expired | (5,093 | ) |  | 43.33 |  |  |
Forfeited | (2,334 | ) |  | 36.69 |  |  |
Outstanding December 31, 2012 | 1,784,660 |  |  | 33.05 |  |  | 1,100,300 |
Granted | 188,407 |  |  | 49.03 |  |  |
Exercised | (277,687 | ) |  | 34.72 |  |  |
Outstanding December 31, 2013 | 1,695,380 |  |  | 34.55 |  |  | 1,178,657 |
Granted | 138,519 |  |  | 51.69 |  |  |
Exercised | (190,743 | ) |  | 36.31 |  |  |
Expired | (1,071 | ) |  | 45.68 |  |  |
Forfeited | (23,524 | ) |  | 38.82 |  |  |
Outstanding December 31, 2014 | 1,618,561 |  |  | 35.74 |  |  | 1,147,712 |
Characteristics of Outstanding and Exercisable Stock Options | For various exercise price ranges, characteristics of outstanding and exercisable stock options at December 31, 2014 were as follows:
| Stock Options Outstanding
Range of Exercise Prices | Shares |  | Weighted-Average
Exercise Price |  | Remaining Life
$17.83 – $29.33 | 541,669 |  |  | $ | 21.71 |  |  | 4.6 years
$33.55 – $40.88 | 507,688 |  |  | 37.14 |  |  | 4.7
$41.26 – $51.69 | 569,204 |  |  | 47.83 |  |  | 6.1
$17.83 – $51.69 | 1,618,561 |  |  | 35.74 |  |  | 5.2
| Stock Options Exercisable
Range of Exercise Prices | Shares |  | Weighted-Average
Exercise Price |  | Remaining Life
$17.83 – $29.33 | 541,669 |  |  | $ | 21.71 |  |  | 4.6 years
$33.55 – $40.88 | 360,801 |  |  | 37.33 |  |  | 3.7
$41.26 – $48.95 | 245,242 |  |  | 45.17 |  |  | 3.0
$17.83 – $48.95 | 1,147,712 |  |  | 31.63 |  |  | 4.0
Summary of Restricted Stock Activity |
| Shares |  | Weighted Average Grant Date Fair Value
Unvested at January 1, 2012 | 512,254 |  |  | $ | 25.66 |
Granted | 130,985 |  |  | 37.61 |
Vested | (209,897 | ) |  | 20.44 |
Forfeited | (15,499 | ) |  | 28.37 |
Unvested at December 31, 2012 | 417,843 |  |  | 31.92 |
Granted | 92,448 |  |  | 48.98 |
Vested | (197,465 | ) |  | 27.42 |
Forfeited | (9,407 | ) |  | 40.23 |
Unvested at December 31, 2013 | 303,419 |  |  | 39.79 |
Granted | 83,543 |  |  | 51.91 |
Vested | (108,245 | ) |  | 34.94 |
Forfeited | (9,974 | ) |  | 44.42 |
Unvested at December 31, 2014 | 268,743 |  |  | 45.34 |
Summary of Performance Stock Unit Activity | A summary of performance stock unit activity follows:
| Shares |  | Weighted Average Grant Date Fair Value
Unvested at January 1, 2012 | 125,443 |  |  | $ | 25.27 |
Granted | 54,928 |  |  | 41.33 |
Vested | (47,706 | ) |  | 18.23 |
Performance adjustments | 5,679 |  |  | 26.39 |
Forfeited | (672 | ) |  | 41.45 |
Unvested at December 31, 2012 | 137,672 |  |  | 35.85 |
Granted | 53,357 |  |  | 57.58 |
Vested | (45,809 | ) |  | 26.08 |
Performance adjustments | 4,169 |  |  | 25.84 |
Unvested at December 31, 2013 | 149,389 |  |  | 46.32 |
Granted | 46,242 |  |  | 57.42 |
Vested | (91,696 | ) |  | 39.19 |
Performance adjustments | 41,428 |  |  | 39.42 |
Forfeited | (1,402 | ) |  | 48.85 |
Unvested at December 31, 2014 | 143,961 |  |  | 52.42 |

X
- Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration