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Employee Benefit Plans (Tables)
 3 Months Ended
Mar. 31, 2014
Summary of Stock Options and Related Activity

A summary of the Company’s stock options and related activity as of and for the three months ended March 31, 2014 is as follows:

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Average

 

 

 

 

 

 

 

 

 

 

Average

 

 

Remaining

 

 

Aggregate

 

 

 

 

 

 

Exercise

 

 

Contractual

 

 

Intrinsic

 

 

Shares

 

 

Price

 

 

Term (Years)

 

 

Value

 

 

(in whole dollars)

 

Options outstanding at January 1, 2014

 

23,910,062

 

 

$

9.81

 

 

 

8.0

 

 

 

 

 

Granted

 

1,434,834

 

 

 

24.03

 

 

 

 

 

 

 

 

 

Exercised

 

(2,816,093

)

 

 

9.55

 

 

 

 

 

 

 

(40,918

)

Expired

 

—

 

 

 

—

 

 

 

 

 

 

 

 

 

Forfeited

 

(333,177

)

 

 

9.91

 

 

 

 

 

 

 

 

 

Options outstanding at March 31, 2014

 

22,195,626

 

 

 

10.76

 

 

 

7.9

 

 

 

295,677

 

Options exercisable at March 31, 2014

 

15,745,500

 

 

 

9.87

 

 

 

7.8

 

 

 

223,821