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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Assumptions Used to Estimate Fair Value of Stock Options
The following assumptions were used to estimate the fair value of options granted using the Black-Scholes option-pricing model:

 

     For the three months ended March 31,  
     2013   2012  

Risk free interest rate

   0.60% - 0.81%     0.62% - 0.83%   

Dividend yield

   0.0%     0.0%   

Expected volatility

   25.0% - 29.0%     53.0%   

Expected lives

   3.9 – 4.8 years     3.8 – 4.6 years   
Company's Activities with Respect to its Stock Options

The following table summarizes the Company’s activities with respect to its stock options for the three months ended March 31, 2013:

 

     Number
of Shares
    Weighted-
Average
Exercise Price
Per Share
     Weighted-
Average
Remaining
Contractual

Life (in years)
 
     (in thousands)               

Outstanding at December 31, 2012

     2,831      $ 34.06      

Granted

     935     $ 72.99     

Exercised

     (193 )   $ 30.61     

Canceled

     (26 )   $ 43.29     
  

 

 

      

Outstanding at March 31, 2013

     3,547      $ 44.44        4.67  
  

 

 

      

Exercisable at March 31, 2013

     1,746     $ 29.56        3.12  
  

 

 

      

Unvested at March 31, 2013

     1,801     $ 58.86        6.18  
  

 

 

      
Company's Restricted Stock Unit Activity

The following table summarizes the Company’s restricted stock unit activity for the three months ended March 31, 2013:

 

     Number of
Units
    Weighted-
Average
Grant Date
Fair Value per share
 
     (in thousands)        

Outstanding at December 31, 2012

     294      $ 43.27   

Granted

     111       72.99  

Restriction Lapse

     (87 )     42.19  

Forfeited/Canceled

     (6 )     43.17  
  

 

 

   

Outstanding at March 31, 2013

     312      $ 54.12