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EMPLOYEE STOCK PURCHASE PLAN
12 Months Ended
Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
EMPLOYEE STOCK PURCHASE PLAN

12.EMPLOYEE STOCK PURCHASE PLAN

 

The Company has established a qualified Employee Stock Purchase Plan, the terms of which allow for qualified employees (as defined in the Plan) to participate in the purchase of designated shares of the Company's common stock at a price equal to 85% of the closing price on the last business day of each semi-annual stock purchase period. The Company issued approximately 98,000,  101,000 and 136,000 shares of common stock during the years ended December 31, 2014, 2013 and 2012, respectively, pursuant to this plan at a weighted average price per share of $72.51,  $61.96 and $39.44, respectively. Shares issued during 2014 were purchased prior to the KLX spin-off.