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39
DIRECTOR COMPENSATION
The following table describes the fiscal year 2011 compensation for non-employee directors. Employee
directors receive no compensation for their Board service.
2011 DIRECTOR COMPENSATION
Name
Fees
Earned
or Paid
in Cash
($)
Stock
Awards
($)
Option
Awards
($)
Non-Equity
Incentive Plan
Compensation
($)
Change in
Pension Value
and
Nonqualified
Deferred
Compensation
Earnings
($)
All
Other
Compensation
($)
Total
($)
(1) (1) (10)
Reuben V. Anderson ........ $ 74,806 $136,070(2) $39,346(3) — —(7) $189 $250,411
Robert D. Beyer. . . . . . . . . . . . $ 86,775 $136,070(2) $39,346(3) — $5,342(8) $189 $267,722
Susan J. Kropf ............. $ 84,781 $136,070(2) $39,346(4) — N/A $189 $260,386
John T. LaMacchia. . . . . . . . . . $ 86,775 $136,070(2) $39,346(3) — $ 378(9) $189 $262,758
David B. Lewis . . . . . . . . . . . . $ 74,806 $136,070(2) $39,346(3) — N/A $189 $250,411
Jorge P. Montoya ........... $ 86,775 $136,070(2) $39,346(4) — N/A $189 $262,380
Clyde R. Moore ............ $ 74,806 $136,070(2) $39,346(3) — —(7) $189 $250,411
Susan M. Phillips ........... $ 84,780 $136,070(2) $39,346(5) — $1,795(8) $189 $262,180
Steven R. Rogel ............ $ 74,806 $136,070(2) $39,346(3) — N/A $189 $250,411
James A. Runde ............ $ 74,806 $136,070(2) $39,346(6) — N/A $189 $250,411
Ronald L. Sargent . . . . . . . . . . $ 96,749 $136,070(2) $39,346(6) — $1,854(8) $189 $274,208
Bobby S. Shackouls ......... $116,697 $136,070(2) $39,346(3) — N/A $189 $292,302
(1) These amounts represent the aggregate grant date fair value of awards computed in accordance with
FASB ASC Topic 718.
(2) Aggregate number of stock awards outstanding at fiscal year end was 7,125 shares.
(3) Aggregate number of stock options outstanding at fiscal year end was 56,000 shares.
(4) Aggregate number of stock options outstanding at fiscal year end was 31,000 shares.
(5) Aggregate number of stock options outstanding at fiscal year end was 46,000 shares.
(6) Aggregate number of stock options outstanding at fiscal year end was 36,000 shares.
(7) This amount reflects the change in pension value for the applicable directors. Only those directors
elected to the Board prior to July 17, 1997 are eligible to participate in the outside director retirement plan.
Mr. Anderson’s and Mr. Moore’s pension value each decreased by $2,000. In accordance with SEC rules,
negative amounts are required to be disclosed, but not reflected in the sum of total compensation.
(8) This amount reflects preferential earnings on nonqualified deferred compensation. For a complete
explanation of preferential earnings, please refer to footnote 5 to the Summary Compensation Table.
(9) This amount reflects preferential earnings on nonqualified deferred compensation in the amount of
$378. Mr. LaMacchia also participates in the outside director retirement plan, and his 2011 pension value
is unchanged from 2010.
(10) This amount reflects the value of gift cards in the amount of $75 and the cost to the Company per director
for providing accidental death and dismemberment insurance coverage for non-employee directors in
the amount of $114. These premiums are paid on an annual basis in February.
Each non-employee director receives an annual retainer of $75,000. The chair of each committee receives
an additional annual retainer of $12,000. Each member of the Audit Committee receives an additional annual
retainer of $10,000. The director designated as the “Lead Director” receives an additional annual retainer of
$20,000. Each non-employee director also has received annually, at the regularly scheduled Board meeting
held in December, restricted stock and nonqualified stock option awards. Beginning in 2011, these awards