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Capital Transactions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012
Capital Transactions |
Schedule of assumptions used and weighted average fair value for grants |
|  | 2012 |  | 2011 |  | 2010 |
--- | --- | --- | --- | --- | --- | --- | ---
Expected annual dividend rate |  |  | 1.23 | % |  | 1.04 | % |  | 1.10 | %
Risk-free interest rate |  |  | 0.81 | % |  | 2.08 | % |  | 1.88 | %
Average expected life (years) |  |  | 5.6 |  |  | 5.8 |  |  | 4.6 |
Expected volatility of common stock |  |  | 0.409 |  |  | 0.404 |  |  | 0.402 |
Forfeiture rate |  |  | 0.0 | % |  | 0.0 | % |  | 0.0 | %
Weighted average fair value of option grants |  | $ | 4.43 |  | $ | 5.74 |  | $ | 4.78 |
Schedule of restricted stock activity |
|  | Number of Shares |  | Weighted-Average Grant-Date Fair Value |
--- | --- | --- | --- | --- | ---
Non-vested shares outstanding at December 31, 2009 |  |  | 686,586 |  | $ | 23.13 |
Granted |  |  | 248,384 |  |  | 14.49 |
Vested |  |  | (256,285 | ) |  | 25.51 |
Cancelled |  |  | (19,422 | ) |  | 21.68 |
Non-vested shares outstanding at December 31, 2010 |  |  | 659,263 |  |  | 18.97 |
Granted |  |  | 249,502 |  |  | 15.51 |
Vested |  |  | (238,848 | ) |  | 25.80 |
Cancelled |  |  | (58,315 | ) |  | 15.71 |
Non-vested shares outstanding at December 31, 2011 |  |  | 611,602 |  |  | 15.08 |
Granted |  |  | 318,139 |  |  | 13.04 |
Vested |  |  | (212,841 | ) |  | 14.95 |
Cancelled |  |  | (18,015 | ) |  | 14.20 |
Non-vested shares outstanding at December 31, 2012 |  |  | 698,885 |  |  | 14.21 |
Schedule of stock option activity |
|  | 2012 |  | 2011 |  | 2010 |
--- | --- | --- | --- | --- | --- | --- | ---
|  | Number of Options |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term |  | Aggregate Intrinsic Value ($000) |  | Number of Options |  | Weighted Average Exercise Price |  | Number of Options |  | Weighted Average Exercise Price |
Outstanding at beginning of year |  |  | 4,176,673 |  | $ | 19.26 |  | 2.7 years |  | $ | — |  |  | 4,586,979 |  | $ | 19.96 |  |  | 4,740,695 |  | $ | 20.37 |
Granted |  |  | 200,115 |  |  | 13.06 |  |  |  |  |  |  |  | 327,617 |  |  | 15.45 |  |  | 320,458 |  |  | 14.49 |
Exercised |  |  | (179,204 | ) |  | 10.57 |  |  |  |  |  |  |  | (5,941 | ) |  | 10.57 |  |  | (4,821 | ) |  | 10.57 |
Cancelled |  |  | (543,725 | ) |  | 25.35 |  |  |  |  |  |  |  | (731,982 | ) |  | 24.73 |  |  | (469,353 | ) |  | 20.46 |
Outstanding at end of year |  |  | 3,653,859 |  |  | 18.44 |  | 2.3 years |  |  | — |  |  | 4,176,673 |  |  | 19.26 |  |  | 4,586,979 |  |  | 19.96 |
Exercisable at December 31, 2012 |  |  | 3,031,825 |  |  | 19.28 |  | 1.8 years |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |
Exercisable at December 31, 2011 |  |  | 3,310,143 |  |  | 20.35 |  | 2.1 years |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |
Schedule of non-vested stock options |
|  | Number of Shares |  | Weighted-Average Grant-Date Fair Value |
--- | --- | --- | --- | --- | ---
Non-vested shares at beginning of year |  |  | 866,530 |  | $ | 4.82 |
Granted |  |  | 200,115 |  |  | 4.43 |
Vested |  |  | (444,611 | ) |  | 4.42 |
Cancelled |  |  | — |  |  | — |
Non-vested shares at end of year |  |  | 622,034 |  | $ | 4.99 |
Schedule of stock options outstanding |
|  | Options Outstanding |  | Options Exercisable |
--- | --- | --- | --- | --- | ---
Range of Exercise Prices |  | Number Outstanding |  | Weighted Average Remaining Contractual Life |  | Weighted Average Exercise Price |  | Number Exercisable |  | Weighted Average Exercise Price |
$10 to $15 |  |  | 1,167,959 |  | 3.9 years |  | $ | 14.38 |  |  | 545,925 |  | $ | 14.42 |
$16 to $21 |  |  | 1,649,742 |  | 1.8 years |  |  | 17.71 |  |  | 1,649,742 |  |  | 17.71 |
$22 to $28 |  |  | 836,158 |  | 1.3 years |  |  | 25.56 |  |  | 836,158 |  |  | 25.56 |
$10 to $28 |  |  | 3,653,859 |  | 2.3 years |  |  | 18.44 |  |  | 3,031,825 |  |  | 19.28 |

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- 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
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- 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
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- 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
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- 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
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