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Stock Option and Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2015
Stock Option and Compensation Plans  
Summary of the stock option activity including weighted average exercise prices, options outstanding and exercisable

 

                                                                                                                                                                                    

 

 

Years ended December 31,

 

 

 

2015

 

2014

 

2013

 

 

 

Common
Stock
Options

 

Weighted
Average
Exercise
Price

 

Common
Stock
Options

 

Weighted
Average
Exercise
Price

 

Common
Stock
Options

 

Weighted
Average
Exercise
Price

 

Outstanding at beginning of year:

 

 

3,680

 

$

21.03

 

 

2,708

 

$

9.41

 

 

1,344

 

$

1.65

 

Granted

 

 

764

 

$

47.31

 

 

1,744

 

$

33.92

 

 

1,583

 

$

14.82

 

Exercised

 

 

(1,133

)

$

10.31

 

 

(621

)

$

4.75

 

 

(151

)

$

0.61

 

Expired or forfeited

 

 

(302

)

$

34.09

 

 

(151

)

$

28.50

 

 

(68

)

$

1.53

 

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Outstanding at end of year:

 

 

3,009

 

$

30.43

 

 

3,680

 

$

21.03

 

 

2,708

 

$

9.41

 

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Years ended December 31,

 

 

 

2015

 

2014

 

2013

 

Options exercisable at end of year

 

 

955 

 

 

993 

 

 

984 

 

Weighted average grant date fair value (per share) of options granted during the period

 

$

31.33 

 

$

24.41 

 

$

10.48 

 

 

Summary of the stock options outstanding and exercisable

 

                                                                                                                                                                                    

 

 

 

 

As of December 31, 2015

 

 

 

 

 

Options Outstanding

 

Options Exercisable

 

Range of Exercise Prices

 

Total
Options
Outstanding

 

Weighted
Average
Remaining
Life (Years)

 

Weighted
Average
Exercise
Price

 

Number
Exercisable

 

Weighted
Average
Exercise
Price

 

$0.12-$10.03

 

 

448 

 

 

6.6 

 

$

7.70 

 

 

201 

 

$

5.38 

 

$10.04-$20.00

 

 

339 

 

 

6.7 

 

$

13.45 

 

 

130 

 

$

13.52 

 

$20.01-$30.00

 

 

162 

 

 

7.8 

 

$

25.61 

 

 

76 

 

$

25.51 

 

$30.01-$40.00

 

 

1,270 

 

 

8.1 

 

$

33.28 

 

 

511 

 

$

33.31 

 

$40.01-$55.00

 

 

742 

 

 

9.2 

 

$

45.50 

 

 

37 

 

$

43.23 

 

$55.01-$70.34

 

 

48 

 

 

9.6 

 

$

70.26 

 

 

 

$

 

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3,009 

 

 

8.0 

 

$

30.43 

 

 

955 

 

$

24.50 

 

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Aggregate Intrinsic Value

 


$

144,758 

 

 

 

 

 

 

 


$

51,594 

 

 

 

 

 

Schedule of cash proceeds from, and the aggregate intrinsic value of, stock options exercised

 

                                                                                                                                                                                    

 

 

Years ended December 31,

 

 

 

2015

 

2014

 

2013

 

Cash Proceeds from options exercised

 

$

11,473 

 

$

2,949 

 

$

94 

 

Aggregate intrinsic value of options exercised

 

$

49,255 

 

$

21,646 

 

$

4,545 

 

 

Summary of the Company's outstanding shares of RSU awards

 

                                                                                                                                                                                    

 

 

Restricted
Stock
Units

 

Weighted Average
Grant-Date
Fair Value

 

Outstanding, December 31, 2014

 

 

37

 

$

34.13

 

Awarded

 

 

336

 

 

45.04

 

Vested

 

 

(55

)

 

41.90

 

Forfeited

 

 

(30

)

 

42.01

 

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Outstanding, December 31, 2015

 

 

288

 

$

44.54

 

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