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equirements. The Compensation Committee and the Board of Directors have approvedspecific financial goals and measures (as defined in the Performance Award Goals andMeasures), based on our cumulative cash flow from operations and a comparison ofreturn on invested capital and cost of capital for each of the three-year periods endingDecember 31, 2013, 2012 and 2011 to be used as the basis for the final value of theperformance units. The final value of each performance unit granted in 2011 and 2010may range from $0 to $150 and the final value of each performance unit granted in 2009may range from $0 to $125. Upon vesting and determination of value, the value of theperformance units will be payable in cash. As of December 31, 2011, there were393,025 performance units outstanding.There was no stock option activity during the year ended December 31, 2011. Thefollowing is a summary of our stock option activity for the two years endedDecember 31, 2010:Shares underOptionWeightedAverageExercise PriceAggregateIntrinsic ValueBalance at December 31, 2008 305,800 $ 8.55Granted — —Exercised (218,800) 8.60 $ 3,257,000Forfeited (5,000) 8.57Balance at December 31, 2009 82,000 8.44Granted — —Exercised (82,000) 8.44 $ 1,858,000Forfeited — —Balance at December 31, 2010 — $ —We received $0.7 million and $1.9 million from the exercise of stock options in 2010 and2009, respectively. The excess tax benefit realized from tax deductions from stockoptions for 2010 and 2009 was $0.9 million and $0.9 million, respectively. Excess taxbenefits from share-based compensation are classified as a cash outflow in cash flowsfrom operating activities and an inflow in cash flows from financing activities in thestatement of cash flows.Restricted Stock Plan InformationDuring 2011, 2010 and 2009, the Compensation Committee granted restricted units ofour common stock to certain of our key executives and employees. During 2011, 2010and 2009, our Board of Directors granted restricted units of our common stock to ourChairman of the Board of Directors (our "Chairman") and restricted common stock to ourother nonemployee directors. Over 50% of the grants made in 2011 to our employeesand over 60% of the grants made in 2010 and 2009 to our employees vest in full on thethird anniversary of the award date, conditional upon continued employment. Theremainder of the grants made to employees and all the grants made to our Chairmanvest pro rata over three years, as these participants meet certain age and years-ofservicerequirements. For the grants to each of the participant employees and the56 Oceaneering International, Inc.