SHAREHOLDERS' EQUITY

6 Months Ended

Jun. 30, 2015

Stockholders' Equity Note [Abstract]

SHAREHOLDERS' EQUITY

The following table presents our common shares issued and outstanding:

	Three months ended June 30,				Six months ended June 30,
	2015		2014		2015		2014
Shares issued, balance at beginning of period	176,190		175,195		175,478		174,134
Shares issued	16		120		728		1,181
Total shares issued at end of period	176,206		175,315		176,206		175,315
Treasury shares, balance at beginning of period	(75,971	)	(68,450	)	(76,052	)	(64,649	)
Shares repurchased	(60	)	(3,058	)	(350	)	(7,094	)
Shares reissued from treasury	109		99		480		334
Total treasury shares at end of period	(75,922	)	(71,409	)	(75,922	)	(71,409	)
Total shares outstanding	100,284		103,906		100,284		103,906

Treasury Shares

The following table presents our share repurchases:

	Three months ended June 30,				Six months ended June 30,
	2015		2014		2015		2014
In the open market:
Total shares	—		2,970		16		6,680
Total cost	$	—	$	135,395	$	832	$	300,000
Average price per share(1)	$	—	$	45.59	$	50.69	$	44.91
From employees:
Total shares	60		88		334		414
Total cost	$	3,158	$	3,985	$	17,097	$	18,082
Average price per share(1)	$	52.51	$	45.57	$	51.17	$	43.66
Total shares repurchased:
Total shares	60		3,058		350		7,094
Total cost	$	3,158	$	139,380	$	17,929	$	318,082
Average price per share(1)	$	52.51	$	45.59	$	51.22	$	44.84

(1) Calculated using whole figures.