STOCK-BASED PLANS (Tables)

9 Months Ended

Sep. 30, 2016

STOCK-BASED PLANS

Summary of stock option plan activity

	Stock Options	Weighted Average Exercise Price
Stock Options outstanding at December 31, 2015	1,086,040	$	77.11
Granted	146,000		108.93
Exercised	(3,000)		60.33
Forfeited	(51,000)		125.62
Stock Options outstanding at September 30, 2016	1,178,040		78.96

Summary of restricted stock activity

	Restricted Stock	Weighted Average Grant Date Fair Value
Restricted stock outstanding at December 31, 2015	242,556	$	100.15
Granted	136,198		67.80
Vested	(37,670)		83.47
Forfeited	(4,985)		86.48
Restricted Stock outstanding at September 30, 2016	336,099		89.11