v2.4.0.6
Stock Options (Tables)
12 Months Ended
Dec. 31, 2012
Stock Options [Abstract]  
Summary of stock option activity
                                 
    Number
of
Shares
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term
    Aggregate
Intrinsic Value
(In Thousands)
 

Outstanding at January 1, 2012

    216,500     $ 22.22                  

Granted

    142,500       28.74                  

Exercised

    (11,050     17.93                  

Forfeited/Cancelled

    (2,800     25.41                  
   

 

 

   

 

 

                 

Outstanding at December 31, 2012

    345,150     $ 25.03       6.67     $ 1,824  
   

 

 

   

 

 

   

 

 

   

 

 

 

Vested and exercisable at December 31, 2012

    161,420     $ 23.69       4.79     $ 1,069  
   

 

 

   

 

 

   

 

 

   

 

 

 
Stock options valuation assumptions
                         
    Year Ended December 31,  
    2012     2011     2010  

Risk-free interest rate

    0.78     n/a       1.76

Expected dividend yield

    0.28     n/a       0.42

Expected volatility

    44.9     n/a       48.3

Expected lives

    5.0 years       n/a       5.0 years