Stock-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2013

Summary of Stock Options Issued Pursuant to Stock Incentive Plans

A summary of stock options issued under the various Stock Incentive Plans previously described and changes is as follows:


	Number of Shares			Weighted- Average Exercise Price ($)		Weighted- Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value of In- the-Money Options ($)
Outstanding, December 31, 2010		3,510,538		$	21.55
Granted		367,202			28.95
Exercised		(361,093	)		12.40
Forfeited		(26,591	)		20.53

Outstanding, December 31, 2011		3,490,056			23.28
Granted		435,367			42.43
Exercised		(847,301	)		19.74
Forfeited		(105,540	)		22.19
Expired		(4,000	)		10.19

Outstanding, December 31, 2012		2,968,582			27.15
Granted		402,673			57.90
Exercised		(826,061	)		23.42
Forfeited		(75,158	)		38.37
Expired		(429	)		28.94

Outstanding, December 31, 2013		2,469,607		$	33.07		5.74	$	78,851,289

Exercisable, December 31, 2013		1,780,136		$	26.48		4.36	$	68,575,316

Estimated Fair Value of Options Granted using Black-Scholes Option-Pricing Model with Weighted-Average Assumptions

The fair value of options granted in the respective fiscal years was estimated on the date of grant using the Black-Scholes option-pricing model, a pricing model acceptable under ASC 718, with the following weighted-average assumptions:


	Years Ended December 31,
	2013			2012			2011
Expected life (years)		6.2			6.2			5.9
Risk-free interest rate		1.6	%		0.8	%		1.4	%
Expected volatility		46.0	%		51.4	%		50.6	%
Expected dividend yield		—			—			—

Summary of Nonvested Long-Term Incentive Program Performance Share Awards Outstanding and Changes During Period

A summary of the nonvested LTIP Performance Shares is as follows:


Nonvested LTIP Performance Shares	Number of Shares at Expected Attainment			Weighted- Average Grant Date Fair Value
Nonvested at December 31, 2010		499,035		$	20.57
Granted		237,751			28.94
Forfeited or expired		(36,682	)		18.92
Change in expected attainment for 2009 and 2010 grants		231,468			22.71

Nonvested at December 31, 2011		931,571			23.33
Granted		273,595			42.65
Forfeited or expired		(103,682	)		23.12

Nonvested at December 31, 2012		1,101,484			28.14
Granted		266,102			60.91
Vested		(327,576	)		16.83
Forfeited or expired		(62,837	)		36.98
Change in expected attainment for 2010 grants		(70,981	)		26.63

Nonvested at December 31, 2013		906,192		$	41.35

Summary of Nonvested Restricted Share Awards and Changes During Period

A summary of nonvested RSAs are as follows:


Nonvested Restricted Share Awards	Restricted Share Awards			Grant Date Fair Value
Nonvested at December 31, 2010		192,298		$	18.42
Granted		6,300			28.95
Vested		(86,325	)		18.31
Forfeited or expired		(12,250	)		17.52

Nonvested at December 31, 2011		100,023			19.29
Granted		56,389			44.81
Vested		(79,299	)		18.72
Forfeited or expired		(7,875	)		16.78

Nonvested at December 31, 2012		69,238			41.02
Granted		8,663			48.29
Vested		(29,546	)		37.06

Nonvested at December 31, 2013		48,355		$	44.74

S1 2003 Stock Incentive Plan

Summary of Nonvested Restricted Share Awards and Changes During Period

A summary of nonvested Transaction RSAs issued under the S1 2003 Stock Incentive Plan as of December 31, 2013 and changes during the period are as follows:


Nonvested Transaction Restricted Share Awards	Number of Restricted Share Awards			Weighted-Average Grant Date Fair Value
Nonvested as of December 31, 2011		—		$	—
Transaction RSAs converted upon acquisition of S1		170,205			35.41
Vested		(100,685	)		35.41
Forfeited		(19,276	)		35.41

Nonvested as of December 31, 2012		50,244			35.41
Vested		(11,866	)		35.41
Forfeited		(19,194	)		35.41

Nonvested as of December 31, 2013		19,184		$	35.41

Online Resources Corporation

Summary of Stock Options Issued Pursuant to Stock Incentive Plans

A summary of transaction stock options issued pursuant to the Company’s stock incentive plans is as follows:


	Number of Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value of In-the-Money Options
Outstanding as of December 31, 2012		—		$	—
Transaction stock options converted upon acquisition of ORCC		37,468			91.92
Exercised		(5,167	)		41.76
Cancelled		(11,486	)		90.62

Outstanding as of December 31, 2013		20,815		$	105.09		2.05	$	67,559

Exercisable as of December 31, 2013		20,815		$	105.09		2.05	$	67,559