XML 58 R52.htm IDEA: XBRL DOCUMENT v2.4.0.6
Share-Based Payments (Tables)
12 Months Ended
Dec. 31, 2011
Share-Based Payments [Abstract]  
Summary of Stock Option Transactions under our Share-Based Payment Plans

 

 

 

 

 

Weighted

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

Average

 

Remaining

 

Aggregate

 

Number

 

Exercise

 

Contractual

 

Intrinsic Value

 

of Shares

 

Price

 

Life in Years

 

($ in thousands)

Outstanding at December 31, 2010

1,402,256

$

18.08

 

 

 

 

Granted 2011

-

 

-

 

 

 

 

Exercised 2011

135,196

 

11.26

 

 

 

 

Forfeited or expired 2011

27,373

 

20.58

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2011

1,239,687

$

18.78

 

5.20

$

2,381

Exercisable at December 31, 2011

1,130,901

$

19.08

 

4.95

$

2,135

Summary of Restricted Stock and Restricted Stock Units Transactions under our Share-Based Payment Plans

 

 

 

Weighted

 

 

 

Average

 

Number

 

Grant Date

 

of Shares

 

Fair Value

Unvested restricted stock and RSU awards at December 31, 2010

1,241,900

$

16.85

Granted 2011

429,420

 

17.17

Vested 2011

361,305

 

22.45

Forfeited 2011

26,495

 

14.74

 

 

 

 

Unvested RSU awards at December 31, 2011

1,283,520

$

15.45

Weighted Average Assumptions for Employee Stock Purchase Plan and Other Options
                           

 

ESPP

 

All Other Option Plans

 

 

2011

 

2010

 

2009

 

2011

 

2010

 

2009

 

 

Risk-free interest rate

0.13

%

0.20

 

0.31

 

-

 

2.30

 

1.85

 

 

Expected term

6 months

 

6 months

 

6 months

 

-

 

years

 

5

years

 

 

Dividend yield

3.0

%

3.3

 

3.4

 

-

 

3.3

 

3.9

 

 

Expected volatility

19

%

28

 

64

 

-

 

34

 

32

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-Average Fair Value of Options and Stock Per Share

 

 

2011

 

2010

 

2009

Stock options

$

-

 

3.83

 

2.68

Restricted stock and RSUs

 

17.17

 

14.69

 

14.22

Directors' stock compensation plan

 

-

 

16.09

 

15.11

ESPP:

 

 

 

 

 

 

    Six month option

 

0.76

 

1.03

 

2.51

    15% of grant date market value

 

2.62

 

2.35

 

2.49

Total ESPP

 

3.38

 

3.38

 

5.00

Agent Plan:

 

 

 

 

 

 

    Discount of grant date market value

 

1.62

 

1.59

 

1.39