Employee Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2013

The following table summarizes stock options and restricted stock units granted under our 2010 Equity Incentive Plan:



	Six Months Ended June 30,
	2013		2012
	(In thousands, except per share data)
Stock options granted	1,588		976
Weighted-average exercise price	$	16.57	$	27.93
Weighted-average grant-date fair value	$	5.55	$	13.03

Restricted stock units granted	497		53
Weighted-average grant-date fair value	$	16.55	$	28.70

Note 6—Employee Stock-Based Compensation (continued)

We estimated the fair value of each stock option grant on the date of grant using the following weighted-average assumptions:



	Six Months Ended June 30,
	2013		2012
Risk-free interest rate	0.90	%	1.12	%
Expected term (life) of options (in years)	5.49		6.05
Expected dividends	—		—
Expected volatility	43.72	%	48.26	%

- 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.

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