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Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2015

Stock-Based Compensation [Abstract]

Schedule of weighted average assumptions used for estimating the grant-date fair value of each option grant

The fair value of options granted during the three months ended March 31, 2015, were established at the date of grant using a Black-Scholes option pricing model with the weighted average assumptions as follows:

		Three Months Ended
		March 31
		2015
Expected dividend yield			3.72	%
Risk-free interest rate			1.54	%
Expected volatility			30.77	%
Expected term (in years)			7.0
Weighted average fair value of options		$	6.60

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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

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