v2.4.0.6
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2012
STOCK-BASED COMPENSATION  
Summary of share-based compensation cost by type of program

 

 
  Years Ended December 31,  
(In thousands)
  2012   2011   2010  

Restricted stock units expense

  $ 9,050   $ 6,433   $ 2,784  

Stock options expense

    23     225     703  
               

Before-tax share-based compensation expense

    9,073     6,658     3,487  

Income tax benefit

    (2,785 )   (1,755 )   (943 )
               

After-tax share-based compensation expense

  $ 6,288   $ 4,903   $ 2,544  
               
Summary of stock option activity under all plans

 

 
  Year Ended December 31, 2012  
 
  Shares   Weighted
Average
Remaining
Contractual
Terms
  Weighted
Average
Exercise
Price
  Aggregate
Intrinsic Value
(In thousands)
 

Outstanding on January 1, 2012

    132,664       $ 297.41        

Exercised

    (2,320 )       21.40        

Expired

    (4,780 )       553.59        
                       

Outstanding on December 31, 2012

    125,564   4.7 years   $ 292.76   $ 931  
                       

Exercisable as of December 31, 2012

    125,564   4.7 years   $ 292.76   $ 931  

Vested or expected to vest as of December 31, 2012

    125,564   4.7 years   $ 292.76   $ 931  
Summary of information about stock options outstanding by range of exercise prices

 

 
  Outstanding and Exercisable
Range of Exercise Prices   Shares   Weighted
Average
Exercise
Price
  Weighted
Average
Remaining
Contractual
Terms

$8.75 to $41.50

    50,148   $ 22.73   6.2 years

$90.50 to $476.00

    32,483     212.67   4.5 years

$510.75 to $1,334.50

    42,933     668.77   3.3 years
               

Total $8.75 to $1,334.50

    125,564   $ 292.76   4.7 years
               
Summary of restricted and deferred stock unit activity under all plans

 

 
  Year Ended December 31, 2012  
 
  Shares   Weighted
Average
Remaining
Contractual
Terms
  Weighted
Average
Grant
Date Fair
Value
  Aggregate
Intrinsic Value
(In thousands)
 

Outstanding on January 1, 2012

    792,815       $ 17.00        

Granted

    409,351         30.18        

Vested and released

    (460,804 )       11.35        

Forfeited

    (24,455 )       25.86        
                       

Outstanding on December 31, 2012

    716,907   1.6 Years   $ 27.86   $ 29,594  
                       

Vested or expected to vest as of December 31, 2012

    710,894   1.5 Years   $ 27.84   $ 29,346  
Weighted average assumptions used in the Monte Carlo simulation model to estimate the fair value of PRSUs granted

 

 
  PRSU Grants
Years Ended December 31,
 
  2012   2011

Assumptions:

       

Risk-free interest rate

  0.44%   0.95%

Expected life

  3.0 years   3.0 years

Expected volatility

  45%   45%

Expected dividend yield

  1.07%   -%
Summary of the status of the nonvested share activity under all plans

 

 
  Year Ended
December 31, 2012
 
 
  Shares   Weighted Average Grant Date Fair Value  

Nonvested on January 1, 2012

    798,710   $ 16.81  

Granted

    409,351   $ 30.18  

Vested

    (487,515 ) $ 11.76  

Forfeited and expired

    (24,455 ) $ 25.86  
             

Nonvested on December 31, 2012

    696,091   $ 27.90