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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2015
Stockholders' Equity and Stock-based Compensation Disclosure [Abstract]  
Summary Of Activity Related To Stock Option Plans
A summary of the activities related to the Company’s stock option plans is as follows:
 
 
 
Options Outstanding
 
 
 
 
 
Shares
Available
for Grant
 
Number of
Shares
 
Weighted-
Average
Exercise Price
 
Weighted-Average Remaining
Contractual Term
(in Years)
 
Aggregate
Intrinsic Value
(in Thousands)
Balances as of December 31, 2014
2,860,744

 
3,263,631

 
$
151.53

 
 
 
 
Granted
(148,156
)
 
148,156

 
417.43

 
 
 
 
Exercised


 
(204,880
)
 
50.12

 
 
 
 
Balances as of March 31, 2015
2,712,588

 
3,206,907

 
$
170.29

 
6.30
 
$
801,626

Vested and exercisable as of March 31, 2015
 
 
3,206,907

 
$
170.29

 
6.30
 
$
801,626

Summary Of Assumptions Used To Value Stock Option Grants Using Lattice-Binomial Model
The following table summarizes the assumptions used to value stock option grants using the lattice-binomial model and the valuation data:
 
Three Months Ended
 
March 31,
2015
 
March 31,
2014
Dividend yield
%
 
%
Expected volatility
36
%
 
48
%
Risk-free interest rate
2.03
%
 
2.83
%
Suboptimal exercise factor
2.48

 
2.66 - 4.07

Valuation data:
 
 
 
Weighted-average fair value (per share)
$
185.22

 
$
221.79

Total stock-based compensation expense (in thousands)
$
27,441

 
$
25,825

Total income tax benefit related to stock options (in thousands)
$
10,392

 
$
9,899