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Stock-Based Employee Compensation (Tables)
 12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Total Compensation Expense Recognized for Employee Stock-based Compensation
Total compensation expense recognized for employee stock-based compensation for the years ended December 31, 2014, 2013 and 2012 was as follows:
 
Employee Stock-Based Compensation
Classification of expense
2014
 
2013
 
2012
(In thousands)
 
 
 
 
 
Marketing, selling and administrative expenses
$
26,116

 
$
21,178

 
$
24,153

Total compensation expense
$
26,116

 
$
21,178

 
$
24,153
Assumptions Used in Black-Scholes Option-pricing Model
The assumptions used in the Black-Scholes option-pricing model are as follows:
 
2012
Dividend yield
1.5%
Expected stock price volatility
46.0%
Risk-free interest rate
1.1%
Expected option life
6 years
Summary Stock Option Activity
Stock option activity and information about stock options outstanding are summarized in the following table:
Stock Option Activity
Number of
Options
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value(1)


 

 
(years)
 
(in thousands)
Outstanding at January 1, 2014
2,694,872

 
$
36.30

 
3.83

 
$
30,080

Granted
—

 
$
—

 
—

 
—

Exercised
(1,941,365
)
 
$
36.22

 
—

 
—

Canceled
(47,456
)
 
$
43.02

 
—

 
—

Outstanding at December 31, 2014
706,051

 
$
36.03

 
3.64

 
$
33,182

Vested and expected to vest at December 31, 2014
704,796

 
$
36.02

 
3.63

 
$
33,130

Options Exercisable at December 31, 2014
622,168

 
$
34.85

 
3.31

 
$
29,970

___________________________________
(1)
The intrinsic value represents the amount by which the fair value of stock exceeds the option exercise price as of December 31, 2014
Summary of Restricted Stock Activity
Restricted stock activity is summarized in the following table:
Restricted Stock Activity
Number of
Awards
 
Weighted-
Average
Grant Date
Fair Value
Non-vested share units at January 1, 2014
989,005

 
$
9.26

Granted
472,150

 
$
54.60

Vested
(405,001
)
 
$
51.24

Canceled
(74,601
)
 
$
55.30

Non-vested share units expected to vest as of December 31, 2014
981,553

 
$
10.25
Summary of Performance share activity
Performance stock activity is summarized in the following table:
Performance Stock Activity
Number of
Awards
 
Weighted-
Average
Grant Date
Fair Value
Non-vested share units at January 1, 2014
459,929

 
$
32.36

Granted
233,831

 
$
56.72

Vested
(7,301
)
 
$
53.81

Canceled
(27,573
)
 
$
54.11

Non-vested share units expected to vest as of December 31, 2014
658,886

 
$
39.86