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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Activity for Stock Options Outstanding
Activity for our stock options outstanding is presented below:
(in thousands, except per average exercise price)
Number of Shares Under Option
 
Weighted Average Exercise Price
Balance as of December 31, 2013
193

 
$
36.04

Granted

 
$

Exercises
(182
)
 
$
35.26

Canceled/forfeited
(1
)
 
$
49.95

Balance as of December 31, 2014
10

 
$
48.63

Granted

 
$

Exercises
(1
)
 
$
49.95

Canceled/forfeited

 
$

Balance as of December 31, 2015
9

 
$
48.37

Granted

 


Exercises
(5
)
 
$
52.58

Canceled/forfeited

 


Balance as of December 31, 2016
4

 
$
43.74

Information on Stock Options Outstanding
The following table summarizes information about stock options outstanding on December 31, 2016:
(in thousands, except contractual life and per share data)
Shares Under
Option
 
Remaining
Contractual
Life (Years)
 
Average
Exercise Price
Per Share
 
Intrinsic
Value per
Share(1)
 
Aggregate
Intrinsic
Value
Options exercisable and vested at December 31, 2016
4

 
1.8
 
$
43.74

 
$
106.71

 
$
437

(1)
Computed based upon the amount by which the fair market value of our common stock on December 31, 2016 of $150.45 per share exceeded the weighted average exercise price.
Activity for Awards Made Outside of Share-Based Compensation Plans
Activity for the ELTI Plan, the 2013 New Company LTIP, the 2016 and 2007 Plans and awards made outside of stock-based compensation plans is presented below:
 
Market Condition & Performance-Based Awards
 
Service Period Awards
 
Total
(in thousands, except grant date values)
Number of
Shares
 
Weighted
Average
Grant Date
Fair Value
 
Number of
Shares
 
Weighted
Average
Grant Date
Fair Value
 
Number of
Shares
 
Weighted
Average
Grant Date
Fair Value
Balance as of December 31, 2013
324

 
$
53.71

 
349

 
$
53.58

 
673

 
$
53.64

Granted

 
$

 
26

 
$
88.58

 
26

 
$
88.58

Vested
(239
)
 
$
53.49

 
(107
)
 
$
54.15

 
(346
)
 
$
53.70

Canceled/forfeited

 
$

 
(12
)
 
$
60.41

 
(12
)
 
$
60.41

Balance as of December 31, 2014
85

 
$
54.32

 
256

 
$
56.24

 
341

 
$
55.77

Granted
27

 
$
154.90

 
190

 
$
102.09

 
217

 
$
108.73

Vested
(85
)
 
$
48.31

 
(150
)
 
$
64.87

 
(235
)
 
$
58.91

Canceled/forfeited

 
$

 
(9
)
 
$
93.04

 
(9
)
 
$
93.04

Balance as of December 31, 2015
27

 
$
154.90

 
287

 
$
80.90

 
314

 
$
87.31

Granted
30

 
$
141.02

 
97

 
$
132.64

 
127

 
$
134.60

Vested

 
$

 
(186
)
 
$
70.81

 
(186
)
 
$
70.81

Canceled/forfeited

 
$

 
(6
)
 
$
100.31

 
(6
)
 
$
100.31

Balance as of December 31, 2016
57

 
$
147.67

 
192

 
$
114.33

 
249

 
$
121.95