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CAPITAL STOCK AND STOCK AWARD PLANS (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure Capital Stock And Stock Award Plans Additional Information [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
A summary of our total compensation expense recognized in our consolidated statements of operations and comprehensive income for stock-based compensation is as follows (in thousands):
 
 
2014
 
2013
 
2012
Stock options
 
$
9,243

 
$
5

 
$
3,585

Stock awards
 
36,510

 
6,808

 
53,481

Company expense on ESPP discount
 
2,108

 
2,281

 
2,315

Total stock-based compensation expense
 
$
47,861

 
$
9,094

 
$
59,381

Schedule of Share-based Compensation, Stock Options, Activity
The following schedule summarizes stock option activity in the plan. All outstanding unvested options as of December 31, 2014, relate to the performance-based grants from 2011 through 2014. 
 
Options
 
Weighted
Average
Exercise
Price
 
Aggregate
Intrinsic
Value
(in thousands)
 
Average
Remaining
Life
(years)
Outstanding at December 31, 2013
3,497,544

 
$
62.21

 


 

Grants
1,215,018

 
74.55

 
 
 
 
Exercised
(787
)
 
68.81

 
 
 
 
Terminated
(7,155
)
 
58.25

 
 
 
 
Outstanding at December 31, 2014
4,704,620

 
$
65.40

 
$
44,644

 
8.6
 
 
 
 
 
 
 
 
Vested at December 31, 2014
926,218

 
$
63.28

 
$
10,751

 
7.9
Exercisable at December 31, 2014
926,218

 
$
63.28

 
$
10,751

 
7.9
Schedule of Intrinsic Value of Options Exercised
Information on the intrinsic value of options exercised is as follows (in thousands):
2014
$
4

2013
7,640

2012
15,516

Schedule of Share-based Compensation, Activity
The following table summarizes performance shares and restricted stock units by year of grant: 
Year of grant
 
First vesting date
 
Last vesting date
 
Performance shares and stock units
granted, net of
forfeitures
 
Weighted
average grant
date fair value (1)
 
Unvested performance shares and restricted stock units
2010
 
December 31, 2011
 
December 31, 2015
 
686,919

 
63.28

 
288,506

2011
 
December 31, 2012
 
December 31, 2016
 
596,676

 
53.72

 
352,037

2012
 
December 31, 2013
 
December 31, 2017
 
333,881

 
48.65

 
277,121

2013
 
December 31, 2014
 
December 31, 2018
 
396,735

 
46.45

 
297,552

2014
 
December 31, 2015
 
December 31, 2019
 
320,738

 
60.74

 
320,938

 
 
 
 
 
 
2,334,949

 
$
55.54

 
1,536,154

________________________ 
(1)
Amount shown is the weighted average grant date fair value of performance shares and restricted stock units granted, net of forfeitures.
The following table summarizes performance-based options by year of grant:
Year of grant
 
First vesting date
 
Last vesting date
 
Options
granted, net of
forfeitures
 
Weighted
average grant
date fair value
 
Unvested options
2011
 
December 31, 2012
 
December 31, 2016
 
911,430

 
$
15.72

 
537,744

2012
 
December 31, 2013
 
December 31, 2017
 
1,155,285

 
13.15

 
957,394

2013
 
December 31, 2014
 
December 31, 2018
 
1,424,531

 
11.83

 
1,070,145

2014
 
December 31, 2015
 
December 31, 2019
 
1,213,374

 
14.23

 
1,213,374

 
 
 
 
 
 
4,704,620

 
$
13.53

 
3,778,657

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value per option was estimated using the Black-Scholes option pricing model with the following assumptions: 
 
2014 Grants
 
2013 Grants
 
2012 Grants
Risk-free interest rate
1.93-1.96%

 
.18-1.94%

 
.18-.89%

Dividend per share (quarterly amounts)
$0.35-0.38

 
$0.35

 
$0.33-0.35

Expected volatility factor
22.0-25.0%

 
25.0-27.5%

 
26.0-27.5%

Expected option term
6.3 years

 
.01-6.3 years

 
.01-6 years

Weighted average fair value per option
$
14.23

 
$
11.73

 
$
13.61

Schedule of Nonvested Restricted Stock Units Activity
The following table summarizes our unvested performance shares and restricted stock unit grants as of December 31, 2014: 
 
Number of Performance
Shares and Restricted Stock Units
 
Weighted Average
Grant Date Fair Value
Unvested at December 31, 2013
2,028,669

 
$
51.55

Granted
321,995

 
60.70

Vested
(516,165
)
 
51.26

Forfeitures
(298,345
)
 
45.88

Unvested at December 31, 2014
1,536,154

 
$
54.67

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table summarizes these unvested restricted share and restricted stock unit grants as of December 31, 2014: 
 
Number of Restricted
Shares and Stock Units
 
Weighted Average
Grant Date Fair Value
Unvested at December 31, 2013
851,485

 
$
45.68

Granted
355,878

 
61.96

Vested
(187,049
)
 
43.15

Forfeitures
(66,190
)
 
47.60

Unvested at December 31, 2014
954,124

 
$
52.12

Schedule Of Fair Value Stock Awards Vested
A summary of the fair value of full value awards vested (in thousands): 
2014
$
36,510

2013
6,808

2012
53,562

Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity
The following is a summary of the employee stock purchase plan activity (dollar amounts in thousands): 
 
 
Shares purchased
by employees
 
Aggregate cost
to employees
 
Expense recognized
by the company
2014
 
231,564

 
$
11,943

 
$
2,108

2013
 
259,730

 
12,928

 
2,281

2012
 
248,405

 
13,116

 
2,315

Share Repurchase Program Disclosure
The activity under this authorization is as follows (dollar amounts in thousands):
 
 
Shares repurchased
 
Total value of shares
repurchased
2013 Program
 
 
 
 
2013 Purchases
 
930,075

 
$
57,689

2014 Purchases
 
3,763,583

 
239,037

The activity under those programs for each of the periods reported is as follows (dollar amounts in thousands): 
 
 
Shares repurchased
 
Total value of shares
repurchased
2009 Program
 
 
 
 
2010 Purchases
 
1,394,831

 
$
90,500

2011 Purchases
 
3,540,171

 
246,935

2012 Purchases
 
4,237,555

 
257,064

2013 Purchases
 
827,443

 
48,048


 
 
Shares repurchased
 
Total value of shares
repurchased
2012 Program
 
 
 
 
2013 Purchases
 
10,000,000

 
$
579,853