STOCK COMPENSATION Stock Compensation (Tables)

6 Months Ended

Jun. 30, 2013

STOCK COMPENSATION [Abstract]

Schedule of Stock Based Compensation

The following table represents total stock based compensation expense for non-qualified stock options, restricted stock units (“RSU”) and the tax related benefit for the three and six months ended June 30, 2013 and 2012:

	Three Months Ended				Six Months Ended
(in thousands)	2013		2012		2013		2012
Stock option expense	$	2,876	$	3,298	$	5,005	$	5,679
RSU expense	3,337		3,094		5,560		4,640
Total stock based compensation expense	$	6,213	$	6,392	$	10,565	$	10,319
Total related tax benefit	$	1,788	$	1,916	$	2,865	$	2,935

Schedule of Share-based Compensation, Stock Options, Activity

he following table reflects the non-qualified stock option transactions from December 31, 2012 through June 30, 2013:

	Outstanding						Exercisable
(in thousands, except per share data)	Shares		Weighted Average Exercise Price		Aggregate Intrinsic Value		Shares	Weighted Average Exercise Price		Aggregate Intrinsic Value
Balance at December 31, 2012	9,906		$	33.18	$	69,079	7,599	$	31.79	$	64,819
Granted	911		40.91
Exercised	(1,110	)	28.11
Cancelled	(13	)	43.19
Forfeited	(116	)	38.76
Balance at June 30, 2013	9,578		$	34.43	$	66,655	7,400	$	33.05	$	62,541

Schedule of Nonvested Share Activity

The following table summarizes the unvested RSU transactions from December 31, 2012 through June 30, 2013:

(in thousands, except per share data)	Shares		Weighted Average Grant Date Fair Value
Balance at December 31, 2012	1,034		$	36.34
Granted	499		40.89
Vested	(236	)	32.57
Forfeited	(120	)	38.75
Balance at June 30, 2013	1,177		$	38.78