XML 52 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
TREASURY STOCK
3 Months Ended
Mar. 31, 2014
Equity [Abstract]  
TREASURY STOCK
TREASURY STOCK
 
The Board of Directors has given the Company the general authorization to repurchase shares of its common stock to satisfy employee withholding tax obligations related to stock-based compensation.  The Company repurchased 72,277 shares and 110,679 shares at aggregate costs of $96.7 million and $76.4 million in the three months ended March 31, 2014 and 2013, respectively, to satisfy employee withholding taxes related to stock-based compensation.
 
As of March 31, 2014, there were approximately 9.3 million shares of the Company's common stock held in treasury.

As of March 31, 2014, the Company has a remaining authorization of $654.5 million to purchase its common stock.  The Company may make additional repurchases of shares under its stock repurchase programs, depending on prevailing market conditions, alternate uses of capital and other factors. Whether and when to initiate and/or complete any purchase of common stock and the amount of common stock purchased will be determined in the Company's complete discretion.