This excerpt taken from the AKS DEF 14A filed Apr 22, 2005.
Federal Income Tax Consequences
Payouts under the Long-Term Plan are includible in a Plan Members gross income in the year of receipt as compensation income. The Company will withhold appropriate payroll or other taxes from such payout. The Company is generally entitled to a tax deduction for any compensation income taxed to the Plan Member, subject to the provisions of Section 162(m) of the Code.