XML 69 R27.htm IDEA: XBRL DOCUMENT
v2.4.0.6

STOCKHOLDERS' EQUITY (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2011
STOCKHOLDERS' EQUITY [Abstract] |
Effect of compensation cost on earnings | The Company's results for the years ended December 31, 2011, 2010 and 2009 reflected the following compensation cost as a result of adopting ASC 718 and such compensation cost had the following effects on net earnings:
|  | Increase/(Decrease) for the Year Ended December 31, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
Cost of sales |  | $ | 582 |  |  | $ | 508 |  |  | $ | 365 |
Operating expenses |  |  | 3,110 |  |  |  | 3,484 |  |  |  | 2,711 |
Net earnings |  |  | (2,340 | ) |  |  | (2,449 | ) |  |  | (1,963 | )
Assumptions used in the valuation of option awards | Risk-free interest rates are based on the implied yields currently available on U.S. Treasury zero coupon issues with a remaining term equal to the expected life.
|  | Year Ended |
Weighted Average Assumptions: |  | December 31, 2011 |  |  | December 31, 2010 |  |  | December 31, 2009 |
Expected Volatility |  |  | 36.3 | % |  |  | 39.5 | % |  |  | 46.9 | %
Expected Term (in years) |  |  | 4.5 |  |  |  | 4.3 |  |  |  | 3.8 |
Risk-Free Interest Rate |  |  | 1.4 | % |  |  | 1.1 | % |  |  | 1.8 | %
Dividend Yield |  |  | 0.5 | % |  |  | 0.6 | % |  |  | 0.5 | %
Summary of stock option activity | A summary of stock option plan activity for 2011, 2010, and 2009 for all plans is as follows:
2011 |  | # of Shares (000s) |  |  | Weighted Average Exercise Price |
Outstanding at beginning of year |  |  | 2,955 |  |  | $ | 14.21 |
Granted |  |  | 15 |  |  |  | 40.59 |
Exercised |  |  | (405 | ) |  |  | 10.98 |
Forfeited |  |  | (51 | ) |  |  | 24.54 |
Outstanding at end of year |  |  | 2,514 |  |  | $ | 14.68 |
Exercisable at end of year |  |  | 2,157 |  |  | $ | 12.35 |
2010 |  | # of Shares (000s) |  |  | Weighted Average Exercise Price |
Outstanding at beginning of year |  |  | 3,286 |  |  | $ | 11.28 |
Granted |  |  | 291 |  |  |  | 32.13 |
Exercised |  |  | (616 | ) |  |  | 7.04 |
Forfeited |  |  | (6 | ) |  |  | 17.83 |
Outstanding at end of year |  |  | 2,955 |  |  | $ | 14.21 |
Exercisable at end of year |  |  | 2,053 |  |  | $ | 10.53 |
2009 |  | # of Shares (000s) |  |  | Weighted Average Exercise Price |
Outstanding at beginning of year |  |  | 3,594 |  |  | $ | 9.21 |
Granted |  |  | 339 |  |  |  | 21.38 |
Exercised |  |  | (628 | ) |  |  | 4.79 |
Forfeited |  |  | (19 | ) |  |  | 14.10 |
Outstanding at end of year |  |  | 3,286 |  |  | $ | 11.28 |
Exercisable at end of year |  |  | 2,255 |  |  | $ | 8.52 |
Other information pertaining to stock option activity | Other information pertaining to option activity during the years ended December 31, 2011, 2010 and 2009 was as follows:
|  | Year Ended December 31, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
Weighted-average fair value of options granted |  | $ | 12.37 |  |  | $ | 10.10 |  |  | $ | 7.74 |
Total intrinsic value of stock options exercised ($000s) |  | $ | 11,577 |  |  | $ | 12,821 |  |  | $ | 7,425 |
Additional information relating to stock options outstanding | Additional information related to stock options outstanding under all plans at December 31, 2011 is as follows:
|  |  |  |  | Options Outstanding |  |  | Options Exercisable |
Range of Exercise Prices |  |  | Shares Outstanding (000s) |  | Weighted Average Remaining Contractual Term |  | Weighted Average Exercise Price |  |  | Number Exercisable (000s) |  |  | Weighted Average Exercise Price |
$ | 4.51 - $17.28 |  |  |  | 1,915 |  | 4.6 years |  | $ | 10.90 |  |  |  | 1,915 |  |  | $ | 10.90 |
| 21.39 - 32.21 |  |  |  | 584 |  | 8.4 years |  |  | 26.39 |  |  |  | 242 |  |  |  | 23.81 |
| 33.81 - 45.09 |  |  |  | 15 |  | 9.4 years |  |  | 40.59 |  |  |  | - |  |  |  | - |
|  |  |  |  | 2,514 |  | 5.5 years |  | $ | 14.68 |  |  |  | 2,157 |  |  | $ | 12.35 |
Non-vested restricted stock activity | Non-vested restricted stock activity for the years ended December 31, 2011, 2010 and 2009 is summarized below:
|  | Shares (000s) |  |  | Weighted Average Grant Date Fair Value |
Non-vested balance as of December 31, 2010 |  |  | 363 |  |  | $ | 17.66 |
Granted |  |  | 15 |  |  |  | 41.34 |
Vested |  |  | (7 | ) |  |  | 12.41 |
Forfeited |  |  | (17 | ) |  |  | 19.12 |
Non-vested balance as of December 31, 2011 |  |  | 354 |  |  | $ | 18.77 |
|  | Shares (000s) |  |  | Weighted Average Grant Date Fair Value |
Non-vested balance as of December 31, 2009 |  |  | 418 |  |  | $ | 14.56 |
Granted |  |  | 51 |  |  |  | 32.26 |
Vested |  |  | (106 | ) |  |  | 12.47 |
Forfeited |  |  | - |  |  |  | - |
Non-vested balance as of December 31, 2010 |  |  | 363 |  |  | $ | 17.66 |
|  | Shares (000s) |  |  | Weighted Average Grant Date Fair Value |
Non-vested balance as of December 31, 2008 |  |  | 347 |  |  | $ | 13.39 |
Granted |  |  | 71 |  |  |  | 21.34 |
Vested |  |  | - |  |  |  | - |
Forfeited |  |  | - |  |  |  | - |
Non-vested balance as of December 31, 2009 |  |  | 418 |  |  | $ | 14.56 |

X
- Definition Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64, 65, A240 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: 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_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.F) -URI http://asc.fasb.org/extlink&oid=6793087&loc=d3e301413-122809 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph A240 -Subparagraph g(1) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: 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 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64 -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
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 Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph A240 -Subparagraph f -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: 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 -Topic 718 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph (c)(1) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -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 -Topic 718 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -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

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