SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2016

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Summary of the previously issued line items impacted by reissuance of treasury shares

	As Previously
	Reported		Adjustment		As Revised
Revised Condensed Consolidated Statements of Changes in Equity
Balance – December 31, 2014
Capital in excess of par value	$	507,313	$	(8,611)	$	498,702
Treasury Stock		(1,034,728)		8,611		(1,026,117)
Total Equity		1,103,916		—		1,103,916
Stock option exercises & restricted stock vestings
Capital in excess of par value	$	33,250	$	(1,078)	$	32,172
Treasury Stock		1		1,078		1,079
Total Equity		33,256		—		33,256
Balance – March 31, 2015
Capital in excess of par value	$	540,563	$	(9,689)	$	530,874
Treasury Stock		(1,034,727)		9,689		(1,025,038)
Total Equity		1,026,798		—		1,026,798