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Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2013
Stock-Based Compensation (Tables) [Abstract] |
Stock Options Activity | Information with respect to stock option activity related to the Plans follows:
|  | Equity Awards Outstanding |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Life |  | Aggregate Intrinsic Value
|  |  |  |  |  |  |  | (In thousands)
Balance outstanding at January 1, 2013 |  | 2,260,410 |  |  | $ | 28.57 |  |  |  |  |
Granted |  | 760,322 |  |  | 36.05 |  |  |  |  |
Exercised |  | (478,652 | ) |  | 24.93 |  |  |  |  |
Forfeited |  | (210,923 | ) |  | 32.94 |  |  |  |  |
Balance outstanding at December 31, 2013 |  | 2,331,157 |  |  | $ | 31.36 |  |  | 7.22 years |  | $ | 8,772 |
Exercisable at December 31, 2013 |  | 863,893 |  |  | $ | 26.13 |  |  | 5.11 years |  | $ | 6,905 |
Assumptions Used in Fair Value Calculation of Stock Options | During the year ended December 31, 2013, the weighted average fair values of the options granted under the Plans were calculated using the Black-Scholes method with the following assumptions:
Employee options: |  |
Risk free interest rate (0.27% to 1.81%) |  | Weighted average 0.88%
Expected dividend yield (2.20% to 2.44%) |  | Weighted average 2.34%
Expected life (2.33 years to 6.25 years) |  | Weighted average 4.43 years
Expected volatility (28.64% to 44.35%) |  | Weighted average 37.88%
Forfeiture rate |  | 7%
Employee stock options granted |  | 760,322
Weighted average grant date fair value |  | $9.27
During the year ended December 31, 2012, the weighted average fair values of the options granted under the Plans were calculated using the binomial method with the following assumptions:
Employee options: |  |
Risk free interest rate (0.12% to 0.77%) |  | Weighted average 0.35%
Expected dividend yield (1.70% to 1.90%) |  | Weighted average 1.74%
Expected life |  | 6.25 years
Expected volatility (28.58% to 47.67%) |  | Weighted average 39.72%
Forfeiture rate (5.29% to 9.78%) |  | Weighted average 6.77%
Employee stock options granted |  | 733,297
Weighted average grant date fair value |  | $10.08
During the year ended December 31, 2011, the weighted average fair values of the options granted under the Plans were calculated using the binomial method with the following assumptions:
Employee options: |  |
Risk free interest rate (0.12% to 1.78%) |  | Weighted average 0.71%
Expected dividend yield (0.70% to 2.30%) |  | Weighted average 1.31%
Expected life |  | 6.05 years
Expected volatility (33.42% to 50.12%) |  | Weighted average 42.48%
Forfeiture rate (7.55% to 13.41%) |  | Weighted average 9.48%
Employee stock options granted |  | 770,245
Weighted average grant date fair value |  | $7.50
Nonvested Restricted Stock Units Activity | Information with respect to non-vested restricted stock unit activity follows:
|  | Restricted Awards Outstanding |  | Weighted Average Grant Date Fair Value
Balance outstanding at January 1, 2013 |  | 440,185 |  |  | $ | 28.96 |
Granted |  | 259,484 |  |  | 32.70 |
Vested |  | (149,669 | ) |  | 21.66 |
Forfeited |  | (33,328 | ) |  | 32.97 |
Balance outstanding at December 31, 2013 |  | 516,672 |  |  | $ | 32.69 |

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock 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
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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 -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
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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 -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
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