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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the nine months ended

 

 

 

 

 

 

September 30,

 

 

 

 

 

 

2014

 

 

2013

Risk free interest rate

 

 

 

 

 

1.15% - 1.37%

 

 

0.51% - 1.38%

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

 

1,121 

 

$

95.51 

 

 

 

 

 

Exercised

 

(743)

 

$

36.20 

 

 

 

 

 

Canceled

 

(29)

 

$

77.89 

 

 

 

 

 

Outstanding at September 30, 2014

 

3,328 

 

$

66.64 

 

4.9 

 

$

147,296 

Exercisable at September 30, 2014

 

1,082 

 

$

41.08 

 

3.2 

 

$

75,516 

Unvested at September 30, 2014

 

2,246 

 

$

78.95 

 

5.7 

 

$

71,780 

 

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

 

 

 

 

 

 

118 

 

$

95.55 

Vested

 

 

 

 

 

 

(121)

 

$

50.14 

Forfeited/canceled

 

 

 

 

 

 

(3)

 

$

74.31 

Outstanding at September 30, 2014

 

 

 

 

 

 

299 

 

$

73.42