STOCKHOLDERS' EQUITY (Details) (USD $) In Thousands, except Share data |
3 Months Ended | 9 Months Ended | ||||
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Sep. 30, 2011 |
Sep. 30, 2010 |
Sep. 30, 2011 |
Sep. 30, 2010 |
Dec. 31, 2010 |
Oct. 31, 2008 |
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STOCKHOLDERS' EQUITY | ||||||
Cash dividend paid | $ 30,890 | $ 26,712 | ||||
Cash dividend per share (in dollars per share) | $ 0.07 | $ 0.06 | $ 0.21 | $ 0.18 | ||
Number of shares repurchased (in shares) | 598,986 | 558,749 | 1,388,282 | 1,889,141 | ||
Par value of common stock (in dollars per share) | $ 1 | $ 1 | $ 1 | |||
Weighted average stock price of shares repurchased (in dollars per share) | $ 17.85 | $ 13.95 | $ 18.63 | $ 13.95 | ||
Number of shares of common stock authorized for repurchase (in shares) | 7,500,000 | |||||
Additional shares that may be purchased under share repurchase program (in shares) | 1,100,000 | 1,100,000 | ||||
Common stock issued upon exercise of stock options by employees (in shares) | 3,000 | 180,000 | 56,000 | 418,000 | ||
Common stock reserved for issuance upon exercise of stock options (in shares) | 5,200,000 | 5,200,000 |
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- Definition Represents the weighted average price per share of common stock repurchased.
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- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow from the distribution of an entity's earnings in the form of dividends to common shareholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan.
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- Definition The remaining number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan.
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