| Stock Option and Restricted Stock Units Activity |
A summary of the
Company’s stock option and restricted stock units activity,
and related information for the twelve month periods ended
December 31, 2012, 2011 and 2010 is as follows:
|
|
|
|
|
|
|
|
|
|
Total
Options
|
|
Number of
Options |
|
|
Weighted-
Average
Exercise Price |
|
|
|
|
|
Outstanding at
January 1, 2010
|
|
|
1,481,550 |
|
|
$ |
27.85 |
|
|
Granted
|
|
|
82,000 |
|
|
$ |
28.70 |
|
|
Exercised
|
|
|
(194,650 |
) |
|
$ |
18.83 |
|
|
Forfeited
|
|
|
(28,500 |
) |
|
$ |
38.60 |
|
|
Expired
|
|
|
(40,000 |
) |
|
$ |
26.25 |
|
|
|
|
|
|
|
|
|
|
|
Outstanding at
December 31, 2010
|
|
|
1,300,400 |
|
|
$ |
29.06 |
|
|
Exercisable at
December 31, 2010
|
|
|
970,450 |
|
|
$ |
30.78 |
|
|
|
|
|
Outstanding at
January 1, 2011
|
|
|
1,300,400 |
|
|
$ |
29.06 |
|
|
Granted
|
|
|
161,250 |
|
|
$ |
17.14 |
|
|
Exercised
|
|
|
(18,125 |
) |
|
$ |
3.93 |
|
|
Forfeited
|
|
|
(27,833 |
) |
|
$ |
28.80 |
|
|
Expired
|
|
|
(93,325 |
) |
|
$ |
26.85 |
|
|
|
|
|
|
|
|
|
|
|
Outstanding at
December 31, 2011
|
|
|
1,322,367 |
|
|
$ |
27.81 |
|
|
Exercisable at
December 31, 2011
|
|
|
1,044,125 |
|
|
$ |
29.27 |
|
|
|
|
|
Outstanding at
January 1, 2012
|
|
|
1,322,367 |
|
|
$ |
27.81 |
|
|
Granted
|
|
|
0 |
|
|
$ |
0.00 |
|
|
Exercised
|
|
|
0 |
|
|
$ |
0.00 |
|
|
Forfeited
|
|
|
(238,937 |
) |
|
$ |
27.66 |
|
|
Expired
|
|
|
(98,750 |
) |
|
$ |
32.58 |
|
|
|
|
|
|
|
|
|
|
|
Outstanding at
December 31, 2012
|
|
|
984,680 |
|
|
$ |
27.36 |
|
|
Exercisable at
December 31, 2012
|
|
|
956,784 |
|
|
$ |
27.77 |
|
|
|
|
|
|
|
|
|
|
|
Nonvested restricted
stock units
|
|
Number of
Restricted
Stock Units |
|
|
Weighted-
Average
Grant Date
Fair Value |
|
|
Nonvested at January 1,
2010
|
|
|
79,074 |
|
|
$ |
44.63 |
|
|
Granted
|
|
|
49,752 |
|
|
$ |
27.34 |
|
|
Vested
|
|
|
(22,100 |
) |
|
$ |
34.66 |
|
|
Forfeited
|
|
|
(27,576 |
) |
|
$ |
46.81 |
|
|
|
|
|
|
|
|
|
|
|
Nonvested at
December 31, 2010
|
|
|
79,150 |
|
|
$ |
35.82 |
|
|
|
|
|
Nonvested at January 1,
2011
|
|
|
79,150 |
|
|
$ |
35.82 |
|
|
Granted
|
|
|
125,678 |
|
|
$ |
9.82 |
|
|
Vested
|
|
|
(31,267 |
) |
|
$ |
43.20 |
|
|
Forfeited
|
|
|
(10,604 |
) |
|
$ |
16.61 |
|
|
|
|
|
|
|
|
|
|
|
Nonvested at
December 31, 2011
|
|
|
162,957 |
|
|
$ |
15.15 |
|
|
|
|
|
Nonvested at January 1,
2012
|
|
|
162,957 |
|
|
$ |
15.15 |
|
|
Granted
|
|
|
448,152 |
|
|
$ |
4.45 |
|
|
Vested
|
|
|
(1,458 |
) |
|
$ |
46.96 |
|
|
Forfeited
|
|
|
(85,275 |
) |
|
$ |
10.87 |
|
|
|
|
|
|
|
|
|
|
|
Nonvested at
December 31, 2012
|
|
|
524,376 |
|
|
$ |
6.96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nonvested restricted
stock
|
|
Number of
Restricted
Stock |
|
|
Weighted-
Average Grant
Date Fair
Value |
|
|
Nonvested at January 1,
2010
|
|
|
0 |
|
|
$ |
0.00 |
|
|
Granted
|
|
|
46,001 |
|
|
$ |
29.84 |
|
|
Vested
|
|
|
0 |
|
|
$ |
0.00 |
|
|
Forfeited
|
|
|
0 |
|
|
$ |
0.00 |
|
|
|
|
|
|
|
|
|
|
|
Nonvested at December 31,
2010
|
|
|
46,001 |
|
|
$ |
29.84 |
|
|
|
|
|
Nonvested at January 1,
2011
|
|
|
46,001 |
|
|
$ |
29.84 |
|
|
Granted
|
|
|
47,618 |
|
|
$ |
21.01 |
|
|
Exercised
|
|
|
(1,000 |
) |
|
$ |
35.01 |
|
|
Forfeited
|
|
|
(7,501 |
) |
|
$ |
29.73 |
|
|
|
|
|
|
|
|
|
|
|
Nonvested at
December 31, 2011
|
|
|
85,118 |
|
|
$ |
24.85 |
|
|
|
|
|
Nonvested at January 1,
2012
|
|
|
85,118 |
|
|
$ |
24.85 |
|
|
Granted
|
|
|
405,915 |
|
|
$ |
4.36 |
|
|
Exercised
|
|
|
(35,815 |
) |
|
$ |
25.51 |
|
|
Forfeited
|
|
|
(139,087 |
) |
|
$ |
9.75 |
|
|
|
|
|
|
|
|
|
|
|
Nonvested at
December 31, 2012
|
|
|
316,131 |
|
|
$ |
5.11 |
|
|
|
|
|
|
|
|
|
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|