STOCK-BASED COMPENSATION PLANS (Tables)

9 Months Ended

Sep. 30, 2013

STOCK-BASED COMPENSATION PLANS

Summary of stock options under all plans

	Total Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2012	3,159,542	$	18.96
Granted	22,302	44.29
Exercised	(945,882)	10.74
Forfeited	(70,193)	26.55
Outstanding at September 30, 2013	2,165,769	$	22.57	5.7	$	69,433
Exercisable at September 30, 2013	589,404	$	18.11	5.5	$	21,522

Schedule of assumptions used in valuation related to stock option grants made during the period

Dividend yield	1.1% - 1.4%
Expected option life	4.8 years
Volatility factor percentage of market price	39.7% - 40.5%
Discount rate	0.7% - 1.4%

Restricted Stock

Stock-based compensation plans

Summary of stock awards (restricted stock and RSU's) granted under the 2011 Stock Plan and related information

	Restricted Stock	Weighted Average Grant-Date Fair Value
Outstanding at December 31, 2012	123,941	$	24.24
Granted	18,497	44.15
Vested	(12,736)	39.74
Forfeited	(10,435)	27.51
Outstanding at September 30, 2013	119,267	$	25.39

Restricted Stock Units

Stock-based compensation plans

Summary of stock awards (restricted stock and RSU's) granted under the 2011 Stock Plan and related information

	Time Vesting Restricted Stock Units	Weighted Average Grant-Date Fair Value		Performance Vesting Restricted Stock Units	Weighted Average Grant-Date Fair Value
Outstanding at December 31, 2012	171,937	$	36.16	-	$	-
Granted	13,224	43.49		46,285	42.40
Forfeited	(8,290)	37.87		(1,379)	42.19
Outstanding at September 30, 2013	176,871	$	36.63	44,906	$	42.41