XML 51 R38.htm IDEA: XBRL DOCUMENT v3.8.0.1
Share-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2017
Share-Based Compensation Plans [Abstract]  
Stock Option Activity
Stock option activity for the three years ended December 31, 2017 was:
 
2017
 
2016
 
2015
 
Shares
 
Weighted
Average
Exercise
Price
 
Shares
 
Weighted
Average
Exercise
Price
 
Shares
 
Weighted
Average
Exercise
Price
January 1
719,757

 
$27.88
 
1,140,547

 
$28.86
 
1,652,140

 
$27.97
Granted
1,000,000

 
$84.94
 

 

 

 

Exercised
(102,335
)
 
$23.40
 
(420,790
)
 
$30.56
 
(511,593
)
 
$25.98
Forfeited
(24,000
)
 
$84.94
 

 

 

 

December 31
1,593,422

 
$63.11
 
719,757

 
$27.88
 
1,140,547

 
$28.86
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable December 31
617,422

 
$28.61
 
695,757

 
$26.54
 
1,074,547

 
$26.47
Options Outstanding and Exercisable
Options outstanding and exercisable at December 31, 2017 were:
 
 
 
 
Options Outstanding
 
Options Exercisable
Exercise Price Range
 
Shares
 
Weighted Average
Remaining
Contractual Life
 
Weighted Average
Exercise Price
 
Shares
 
Weighted Average
Exercise Price
$23.00
to
$24.00
 
545,422

 
1.2 years
 
$23.40
 
545,422

 
$23.40
$66.00
to
$71.00
 
72,000

 
6.4 years
 
$68.04
 
72,000

 
$68.04
$84.00
to
$85.00
 
976,000

 
5.2 years
 
$84.94
 

 
 
 
 
 
 
1,593,422

 
 
 
 
 
617,422

 
 
Restricted Stock Activity
Restricted stock activity for the three years ended December 31, 2017 was:
 
2017
 
2016
 
2015
January 1
3,802,105

 
4,349,105

 
5,040,641

Granted
966,919

 
1,100,396

 
1,208,964

Vested
(1,757,269
)
 
(1,438,386
)
 
(1,631,343
)
Forfeited
(152,382
)
 
(209,010
)
 
(269,157
)
December 31
2,859,373

 
3,802,105

 
4,349,105

 
 
 
 
 
 
Weighted average grant date fair value of shares granted in the period
$74.10
 
$73.16
 
$64.49
 
 
 
 
 
 
Weighted average grant date fair value at December 31
$68.85
 
$61.72
 
$55.08
Performance Restricted Stock Units Activity
PRSU activity for the three years ended December 31, 2017 was:
 
2017
 
2016
 
2015
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
 
Shares
 
Weighted Average Grant Date Fair Value
January 1
462,381

 
$
77.05

 
534,456

 
$
66.05

 
622,859

 
$
56.16

Granted
173,770

 
84.94

 
153,492

 
83.23

 
161,625

 
77.68

Distributed
(147,264
)
 
69.89

 
(225,567
)
 
55.20

 
(239,387
)
 
48.94

Forfeited

 

 

 

 
(10,641
)
 
48.87

December 31
488,887

 
$
82.01

 
462,381

 
$
77.05

 
534,456

 
$
66.05