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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2013
SHARE-BASED COMPENSATION.  
Schedule of share-based compensation expense

 

 

 
  Year Ended December 31,  
 
  2013   2012   2011  
 
  (in thousands)
 

Direct cost of operating revenue

  $ 660   $ 201   $ 309  

Selling, general and administrative

    9,348     6,518     7,060  
               

Pre-tax share-based compensation expense

    10,008     6,719     7,369  

Income tax benefit

    (4,135 )   (2,908 )   (3,190 )
               

Total share-based compensation expense, net of tax

  $ 5,873   $ 3,811   $ 4,179  
               
               

        

Schedule of weighted-average assumptions used and the weighted-average fair value per option granted

 

 

 
  Year Ended December 31,  
 
  2012   2011  

Expected life of stock option in years

    6.8     6.6  

Expected volatility

    39 %   30 %

Risk-free interest rate

    1.1 %   2.5 %

Dividend yield

    2.3 %   1.1 %

Weighted average grant-date fair value

  $ 3.51   $ 4.49  

        

Summary of option activity

   A summary of option activity during the year ended December 31, 2013 is presented below (shares and aggregate intrinsic value in thousands):

 
  Shares   Weighted
Average
Exercise Price
  Weighted
Average
Contractual
Term
  Aggregate
Intrinsic Value
 

Outstanding, beginning of period

    5,795   $ 12.23              

Granted

                     

Exercised

    (1,924 )   10.07              

Forfeited and expired

    (46 )   14.16              
                       

Outstanding, end of period

    3,825   $ 13.32     3.88   $ 11,290  
                   
                   

Options vested and expected to vest, end of period

    3,783   $ 13.33     3.83   $ 11,128  
                   
                   

Options exercisable, end of period

    3,380   $ 13.38     3.41   $ 9,821  
                   
                   

        

Summary of information about stock options outstanding

The following table summarizes information about stock options outstanding as of December 31, 2013 (in thousands, except contractual life and price data):

 
  Options Outstanding    
   
 
 
  Options Exercisable  
 
   
  Weighted-
Average
Remaining
Contractual Life
(in years)
   
 
Range of
Exercise Prices
  Number
Outstanding
  Weighted-
Average
Exercise
Price
  Number
Exercisable
  Weighted-
Average
Exercise
Price
 

$8.13 to $10.39

    952     2.51   $ 10.05     952   $ 10.05  

$10.40 to $12.64

    605     4.99     11.72     355     12.08  

$12.65 to $15.15

    1,228     4.19     13.89     1,104     13.84  

$15.16 to $18.15

    1,040     4.10     16.52     969     16.56  
                             

 

    3,825     3.88     13.32     3,380     13.38  
                             
                             
Summary of nonvested share activity

A summary of nonvested share activity during the year ended December 31, 2013 is presented below (shares in thousands):

 
  Shares   Weighted
Average Grant
Date Fair
Value
 

Nonvested, beginning of period

    430   $ 11.85  

Granted

    528     12.90  

Vested

    (594 )   12.40  

Forfeited/Canceled

         
           

Outstanding, end of period

    364   $ 12.48