STOCK COMPENSATION Stock Compensation (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2013 and 2012:

	Three Months Ended				Nine Months Ended
(in thousands)	2013		2012		2013		2012
Stock option expense	$	2,565	$	3,027	$	7,570	$	8,706
RSU expense	3,077		2,839		8,637		7,480
Total stock based compensation expense	$	5,642	$	5,866	$	16,207	$	16,186
Total related tax benefit	$	1,590	$	1,692	$	4,250	$	4,406

Schedule of Share-based Compensation, Stock Options, Activity

he following table reflects the non-qualified stock option transactions from December 31, 2012 through September 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	922		40.93
Exercised	(1,707	)	28.32
Cancelled	(34	)	42.82
Forfeited	(133	)	38.88
Balance at September 30, 2013	8,954		$	34.79	$	78,895	6,810	$	33.41	$	69,780

Schedule of Nonvested Share Activity

The following table summarizes the unvested RSU transactions from December 31, 2012 through September 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	505		40.91
Vested	(243	)	32.71
Forfeited	(128	)	38.82
Balance at September 30, 2013	1,168		$	38.80