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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Costs Related to Stock Compensation Plans
The following costs related to the Company’s stock compensation plans were included in the unaudited condensed consolidated statements of income:
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2014
 
2013
 
2014
 
2013
Cost of revenues
$
2,525

 
$
1,079

 
$
3,928

 
$
1,858

Selling, general and administrative expenses
3,366

 
2,771

 
5,171

 
4,568

Total
$
5,891

 
$
3,850

 
$
9,099

 
$
6,426

Stock Option Activity
Stock option activity under the Company’s plans is set forth below:
 
Number of
Options 
 
Weighted Average
Exercise Price 
 
Aggregate
Intrinsic Value 
Options outstanding at January 1, 2014
5,823,536

 
$
13.99

 
$
122,003

Options granted
2,346,500

 
32.26

 
26,961

Options exercised
(660,833
)
 
8.29

 
(23,433
)
Options forfeited/cancelled
(104,742
)
 
22.72

 
(2,203
)
Options outstanding at June 30, 2014
7,404,461

 
$
20.16

 
$
174,671

 
 
 
 
 
 
Options vested and exercisable at June 30, 2014
2,784,829

 
$
9.74

 
$
94,712

Options expected to vest
4,183,582

 
$
26.22

 
$
73,338

Service-based Awards Activity
Summarized activity related to the Company’s service-based awards for the six months ended June 30, 2014, was as follows:
 
Number of
Shares 
 
Weighted Average Grant Date
Fair Value Per Share 
Unvested service-based awards outstanding at January 1, 2014
344,928

 
$
18.74

Awards granted
425,254

 
39.94

Awards vested
(67,357
)
 
17.62

Awards forfeited/cancelled
(16,924
)
 
20.81

Unvested service-based awards outstanding at June 30, 2014
685,901

 
$
31.94

Performance-based Awards Activity
Summarized activity related to the Company’s performance-based awards for the six months ended June 30, 2014, was as follows:
 
Number of Shares
 
Weighted Average Grant Date Fair Value Per Share
Unvested performance-based awards outstanding at January 1, 2014

 
$

Awards granted
376,966

 
38.55

Awards vested

 

Awards forfeited/cancelled
(817
)
 
36.57

Changes in the number of awards expected to be delivered
(46,331
)
 
31.13

Unvested performance-based awards outstanding at June 30, 2014
329,818

 
$
39.60