NEW ACCOUNTING STANDARDS (Tables)

3 Months Ended

Mar. 31, 2017

Accounting Policies [Abstract]

Schedule of Impact of ASU 2016-09 Adoption on Consolidated Financial Statements

As of January 1, 2017, the Company adopted the ASU and it resulted in the following:

Topic	Method of Adoption	Impact on Consolidated Financial Statements
Recognize all excess tax benefits and tax deficiencies as income tax benefit or expense	Prospective	The Company recognized $7.6 million of excess tax benefits in income taxes in the three months ended March 31, 2017, contributing to the lower effective tax rate for the quarter.
Excess tax benefits on the statement of cash flows are classified as an operating activity	Prospective	The Company recognized $7.6 million of excess tax benefits in the three months ended March 31, 2017 as an operating activity. Prior to the adoption of the ASU 2016-09, the excess tax benefit in the three months ended March 31, 2016 was $17.3 million recognized as a financing activity.
Employee taxes paid when an employer withholds shares for tax-withholding purposes on the statement of cash flows are classified as a financing activity	Retrospective	The Company reclassified $6.9 million of employee taxes paid from cash flows from operating activities to cash flows from financing activities on the Consolidated Statements of Cash Flows in the three months ended March 31, 2016.
Accounting for forfeitures and tax withholding elections	Prospective	The company has not changed its accounting policy for forfeitures. There is no significant impact on Consolidated Financial Statements.