XML 88 R76.htm IDEA: XBRL DOCUMENT v3.24.2
STOCK-BASED COMPENSATION - Schedule of Option Activity (Details) - Options - USD ($)
$ / shares in Units, $ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Stock Awards Plans    
Assumptions used to estimate fair value of stock options granted    
Dividend yield assumption 1.28% 1.41%
Expected Stock Price Volatility 17.03% 16.55%
Risk-free interest rate 4.51% 3.57%
Expected Life of Option (years) 7 years 7 years
Stock options activity    
Outstanding at the beginning of the period (in shares) 2,182,784  
Granted (in shares) 249,805  
Exercised (in shares) (377,602)  
Forfeited or expired (in shares) (5,185)  
Outstanding at the end of the period (in shares) 2,049,802  
Stock option weighted average exercise price    
Outstanding at the beginning of the period (in dollars per share) $ 80.63  
Options granted, Weighted average exercise price (in dollars per share) 141.00  
Options exercised, Weighted average exercise price (in dollars per share) 70.66  
Options forfeited or expired, Weighted average exercise price (in dollars per share) 93.42  
Outstanding at the end of the period (in dollars per share) $ 89.80  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]    
Options exercisable, Number of options (in shares) 1,593,918  
Options exercisable, Weighted average exercise price (in dollars per share) $ 78.35  
Options outstanding, Weighted average remaining contractual term (in years) 4 years 2 months 12 days  
Options exercisable, Weighted average remaining contractual term (in years) 2 years 8 months 12 days  
Options outstanding, Aggregate intrinsic value $ 110,862  
Options exercisable, Aggregate intrinsic value 104,452  
Options exercised, Intrinsic value, at end of period $ 25,454 $ 16,886
Director Stock Option Plans    
Stock options activity    
Outstanding at the beginning of the period (in shares) 19,000  
Granted (in shares) 0  
Exercised (in shares) (19,000)  
Forfeited or expired (in shares) 0  
Outstanding at the end of the period (in shares) 0  
Stock option weighted average exercise price    
Outstanding at the beginning of the period (in dollars per share) $ 66.59  
Options granted, Weighted average exercise price (in dollars per share) 0  
Options exercised, Weighted average exercise price (in dollars per share) 66.59  
Options forfeited or expired, Weighted average exercise price (in dollars per share) 0  
Outstanding at the end of the period (in dollars per share) $ 0  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]    
Options exercisable, Number of options (in shares) 0  
Options exercisable, Weighted average exercise price (in dollars per share) $ 0  
Options outstanding, Weighted average remaining contractual term (in years) 0 years  
Options exercisable, Weighted average remaining contractual term (in years) 0 years  
Options outstanding, Aggregate intrinsic value $ 0  
Options exercisable, Aggregate intrinsic value 0  
Options exercised, Intrinsic value, at end of period $ 1,394 $ 854