XML 129 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Share-based Compensation [Abstract]  
Schedule Of Option Activity And Changes
Option activity and changes during the year ended December 31, 2013 were as follows:
 
 
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Term
(Years)
 
Aggregate
Intrinsic
Value
Outstanding at December 31, 2012
 
712,320

 
$
31.40

 
 
 
 
Granted
 
76,084

 
90.83

 
 
 
 
Exercised
 
(112,962
)
 
29.94

 
 
 
 
Cancelled
 
(16,827
)
 
52.56

 
 
 
 
Outstanding at December 31, 2013
 
658,615

 
$
37.98

 
5.8
 
$
55,386

Exercisable at December 31, 2013
 
392,200

 
$
25.23

 
5.3
 
$
37,980

Schedule Of Range Of Exercise Prices For Outstanding Options
For options outstanding at December 31, 2013, the options had the following range of exercise prices:
Range of Prices
 
Options 
Outstanding
 
Weighted
Average
Remaining 
Contractual
Life (Years)
$14.24 - $19.29
 
170,553

 
4.5
$20.53 - $27.24
 
114,411

 
5.9
$30.07 - $36.10
 
135,119

 
3.1
$45.83 - $60.11
 
166,163

 
7.7
$80.77 - $91.40
 
72,369

 
9.1
Schedule Of Weighted Average Value And Assumptions For Fair Value Of Options
The table below presents the weighted average value and assumptions used in determining each option's fair value. Volatility was calculated using historical trends of the Company's common stock price.
 
 
Stock Option Grants
 
 
Year Ended December 31,
 
 
2013
 
2012
 
2011
Weighted average fair value
 
$
34.06

 
$
23.39

 
$
19.22

Risk-free interest rate
 
0.9
%
 
1.0
%
 
2.8
%
Expected life in years
 
5

 
5

 
6

Expected volatility
 
44.5
%
 
45.7
%
 
41.9
%
Expected dividend yield
 
0.6
%
 
0.5
%
 
0.5
%
Schedule Of Non-Vested Restricted Stock Award Activity And Changes
Non-vested restricted stock awards as of December 31, 2013 and changes during the year ended December 31, 2013 were as follows:
 
 
Number of
Shares
 
Weighted
Average
Grant Date
Fair Value
Non-vested at December 31, 2012
 
336,330

 
$
36.53

Granted
 
304

 
82.36

Vested
 
(144,586
)
 
22.27

Forfeited
 
(10,542
)
 
44.95

Non-vested at December 31, 2013
 
181,506

 
$
47.47