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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2014
Stock-Based Compensation [Abstract]  
Schedule Of Assumptions Used To Estimate Fair Value Of Stock Options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the six months ended

 

 

 

 

 

 

June 30,

 

 

 

 

 

 

2014

 

 

2013

Risk free interest rate

 

 

 

 

 

1.15% - 1.325%

 

 

0.51% - 1.03%

Dividend yield

 

 

 

 

 

0.0%

 

 

0.0%

Expected volatility

 

 

 

 

 

22.0%

 

 

25.0% - 29.0%

Expected lives

 

 

 

 

 

4.4 years

 

 

3.9 - 4.8 years

 

Company's Activities With Respect To Its Stock Options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Weighted-

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

 

 

 

 

Number

 

Exercise Price

 

Contractual

 

Aggregate

 

 

of Shares

 

Per Share

 

Life (in years)

 

Intrinsic Value

Outstanding at December 31, 2013

 

2,979 

 

$

48.30 

 

 

 

 

 

Granted

 

1,115 

 

$

95.47 

 

 

 

 

 

Exercised

 

(571)

 

$

36.55 

 

 

 

 

 

Canceled

 

(23)

 

$

79.48 

 

 

 

 

 

Outstanding at June 30, 2014

 

3,500 

 

$

65.03 

 

5.0 

 

$

130,412 

Exercisable at June 30, 2014

 

1,247 

 

$

40.16 

 

3.2 

 

$

77,482 

Unvested at June 30, 2014

 

2,253 

 

$

78.80 

 

5.9 

 

$

52,930 

 

Company's Restricted Stock Unit Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

Average

 

 

 

 

Grant Date

 

 

Number of

 

Fair Value per

 

 

Units

 

Share

 

 

(in thousands)

 

 

 

Outstanding at December 31, 2013

 

305 

 

$

55.60 

Granted

 

117 

 

$

95.51 

Vested

 

(120)

 

$

50.11 

Forfeited/canceled

 

(3)

 

$

76.06 

Outstanding at June 30, 2014

 

299 

 

$

73.25