XML 44 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
STOCK AWARD PLANS (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
STOCK AWARD PLANS [Abstract]        
Compensation cost $ 3,860,000 $ 2,842,000 $ 8,921,000 $ 7,331,000
Income tax benefit 1,459,000 1,086,000 3,372,000 2,801,000
Share based Compensation Plans Combined Disclosure [Abstract]        
Intrinsic value of stock options exercised 5,622,000 1,985,000    
Tax benefit from stock options exercised 2,125,000 758,000    
Intrinsic value of restricted stock vestings 9,969,000 11,214,000    
Tax benefit from restricted stock vesting 3,768,000 4,284,000    
Unrecognized compensation cost related to unvested awards 3,357,000   3,357,000  
Fair value of options vested 1,829,000 1,339,000    
Fair value of restricted stock vested 9,969,000 11,214,000    
Fair value of stock options granted (in dollars per share) $ 25 $ 22    
Fair value of stock options granted 4,185,000 3,461,000    
Fair Value Assumptions [Abstract]        
Dividend yield (in hundredths)     0.00% 0.00%
Average risk-free interest rate (in hundredths)     1.10% 1.10%
Stock price volatility (in hundredths)     34.00% 33.00%
Minimum [Member]
       
Fair Value Assumptions [Abstract]        
Estimated option term     6 years 6 years
Maximum [Member]
       
Fair Value Assumptions [Abstract]        
Estimated option term     7 years 7 years
Sixth Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, lower limit (in dollars per share)     $ 75.17  
Employee Stock Award Plan [Member]
       
Stock Award Plan Information [Abstract]        
Shares available for future grants (in shares) 2,666,815   2,666,815  
Elected director first grant vesting period The options granted to a director when first elected vest immediately      
Outstanding Non-Qualified or Nonincentive Stock Awards [Roll Forward]        
Outstanding at Period Start, Outstanding Non-Qualified or Nonincentive Stock Awards (in shares)     351,173  
Granted, Outstanding Non-Qualified or Nonincentive Stock Awards (in shares)     111,527  
Exercised, Outstanding Non-Qualified or Nonincentive Stock Awards (in shares)     (72,932)  
Outstanding at Period End, Outstanding Non-Qualified or Nonincentive Stock Awards (in shares) 389,768   389,768  
Weighted Average Exercise Price [Abstract]        
Outstanding at Period Start, Weighted Average Exercise Price (in dollars per share)     $ 45.54  
Granted, Weighted Average Exercise Price (in dollars per share)     $ 70.94  
Exercised, Weighted Average Exercise Price (in dollars per share)     $ 30.20  
Outstanding at Period End, Weighted Average Exercise Price (in dollars per share) $ 55.68   $ 55.68  
Unvested Restricted Stock Award Shares [Roll Forward]        
Nonvested balance beginning of period, Unvested Restricted Stock Award Shares (in shares)     418,128  
Granted, Unvested Restricted Stock Award Shares (in shares)     139,613  
Vested, Unvested Restricted Stock Award Shares (in shares)     (147,192)  
Forfeited, Unvested Restricted Stock Award Shares (in shares)     (8,497)  
Nonvested balance end of period, Unvested Restricted Stock Award Shares (in shares) 402,052   402,052  
Weighted Average Grant Date Fair Value Per Share [Abstract]        
Nonvested balance beginning of period, Weighted Average Grant Date Fair Value Per Share (in dollars per share)     $ 45.39  
Granted, Weighted Average Grant Date Fair Value Per Share (in dollars per share)     $ 69.79  
Vested, Weighted Average Grant Date Fair Value Per Share (in dollars per share)     $ 44.48  
Forfeited, Weighted Average Grant Date Fair Value Per Share (in dollars per share)     $ 60.26  
Nonvested balance end of period, Weighted Average Grant Date Fair Value Per Share (in dollars per share) $ 54.81   $ 54.81  
Employee Stock Award Plan [Member] | First Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, upper limit (in dollars per share)     $ 36.35  
Range of Exercise Prices, lower limit (in dollars per share)     $ 31.35  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 79,199   79,199  
Weighted Average Remaining Contractual Life (in years)     3 years 4 months 24 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 32.62   $ 32.62  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 79,199   79,199  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 32.62   $ 32.62  
Employee Stock Award Plan [Member] | Second Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, lower limit (in dollars per share)     $ 46.74  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 99,136   99,136  
Weighted Average Remaining Contractual Life (in years)     4 years 3 months 18 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 46.74   $ 46.74  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 65,606   65,606  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 46.74   $ 46.74  
Employee Stock Award Plan [Member] | Third Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, upper limit (in dollars per share)     $ 66.72  
Range of Exercise Prices, lower limit (in dollars per share)     $ 65.28  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 99,906   99,906  
Weighted Average Remaining Contractual Life (in years)     5 years 2 months 12 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 65.80   $ 65.80  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 35,393   35,393  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 65.77   $ 65.77  
Employee Stock Award Plan [Member] | Fourth Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, lower limit (in dollars per share)     $ 70.65  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 109,560   109,560  
Weighted Average Remaining Contractual Life (in years)     6 years 1 month 6 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 70.65   $ 70.65  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 5,136   5,136  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 70.65   $ 70.65  
Employee Stock Award Plan [Member] | Fifth Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, lower limit (in dollars per share)     $ 86.96  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 1,967   1,967  
Weighted Average Remaining Contractual Life (in years)     6 years 9 months 18 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 86.96   $ 86.96  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 0   0  
Employee Stock Award Plan [Member] | Full Exercise Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, upper limit (in dollars per share)     $ 86.96  
Range of Exercise Prices, lower limit (in dollars per share)     $ 31.35  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 389,768   389,768  
Weighted Average Remaining Contractual Life (in years)     4 years 10 months 24 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 55.68   $ 55.68  
Aggregate Intrinsic Value, Options Outstanding 12,032,000   12,032,000  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 185,334   185,334  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 45.00   $ 45.00  
Aggregate Intrinsic Value, Options Exercisable 7,700,000   7,700,000  
2000 Director Plan [Member]
       
Stock Award Plan Information [Abstract]        
Term of grant 10 years      
Shares available for future grants (in shares) 610,041   610,041  
Outstanding Non-Qualified or Nonincentive Stock Awards [Roll Forward]        
Outstanding at Period Start, Outstanding Non-Qualified or Nonincentive Stock Awards (in shares)     345,938  
Granted, Outstanding Non-Qualified or Nonincentive Stock Awards (in shares)     54,958  
Exercised, Outstanding Non-Qualified or Nonincentive Stock Awards (in shares)     (54,000)  
Outstanding at Period End, Outstanding Non-Qualified or Nonincentive Stock Awards (in shares) 346,896   346,896  
Weighted Average Exercise Price [Abstract]        
Outstanding at Period Start, Weighted Average Exercise Price (in dollars per share)     $ 45.84  
Granted, Weighted Average Exercise Price (in dollars per share)     $ 75.17  
Exercised, Weighted Average Exercise Price (in dollars per share)     $ 39.36  
Outstanding at Period End, Weighted Average Exercise Price (in dollars per share) $ 51.50   $ 51.50  
Unvested Restricted Stock Award Shares [Roll Forward]        
Nonvested balance beginning of period, Unvested Restricted Stock Award Shares (in shares)     348  
Granted, Unvested Restricted Stock Award Shares (in shares)     10,536  
Vested, Unvested Restricted Stock Award Shares (in shares)     (1,116)  
Nonvested balance end of period, Unvested Restricted Stock Award Shares (in shares) 9,768   9,768  
Weighted Average Grant Date Fair Value Per Share [Abstract]        
Nonvested balance beginning of period, Weighted Average Grant Date Fair Value Per Share (in dollars per share)     $ 62.99  
Granted, Weighted Average Grant Date Fair Value Per Share (in dollars per share)     $ 75.65  
Vested, Weighted Average Grant Date Fair Value Per Share (in dollars per share)     $ 71.70  
Nonvested balance end of period, Weighted Average Grant Date Fair Value Per Share (in dollars per share) $ 75.65   $ 75.65  
2000 Director Plan [Member] | First Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, lower limit (in dollars per share)     $ 17.88  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 12,000   12,000  
Weighted Average Remaining Contractual Life (in years)     7 months 6 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 17.88   $ 17.88  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 12,000   12,000  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 17.88   $ 17.88  
2000 Director Plan [Member] | Second Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, upper limit (in dollars per share)     $ 29.60  
Range of Exercise Prices, lower limit (in dollars per share)     $ 20.28  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 36,000   36,000  
Weighted Average Remaining Contractual Life (in years)     4 years 2 months 12 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 26.49   $ 26.49  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 36,000   36,000  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 26.49   $ 26.49  
2000 Director Plan [Member] | Third Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, upper limit (in dollars per share)     $ 36.82  
Range of Exercise Prices, lower limit (in dollars per share)     $ 35.17  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 50,036   50,036  
Weighted Average Remaining Contractual Life (in years)     2 years 10 months 24 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 35.80   $ 35.80  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 50,036   50,036  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 35.80   $ 35.80  
2000 Director Plan [Member] | Fourth Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, upper limit (in dollars per share)     $ 56.45  
Range of Exercise Prices, lower limit (in dollars per share)     $ 41.24  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 133,596   133,596  
Weighted Average Remaining Contractual Life (in years)     6 years 3 months 18 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 52.48   $ 52.48  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 133,596   133,596  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 52.48   $ 52.48  
2000 Director Plan [Member] | Fifth Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, upper limit (in dollars per share)     $ 62.48  
Range of Exercise Prices, lower limit (in dollars per share)     $ 61.89  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 60,306   60,306  
Weighted Average Remaining Contractual Life (in years)     8 years 8 months 12 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 62.38   $ 62.38  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 60,306   60,306  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 62.38   $ 62.38  
2000 Director Plan [Member] | Sixth Price Range [Member]
       
Options Outstanding [Abstract]        
Number Outstanding (in shares) 54,958   54,958  
Weighted Average Remaining Contractual Life (in years)     9 years 7 months 6 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 75.17   $ 75.17  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 478   478  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 75.17   $ 75.17  
2000 Director Plan [Member] | Full Exercise Price Range [Member]
       
Outstanding and Exercisable Stock options [Abstract]        
Range of Exercise Prices, upper limit (in dollars per share)     $ 75.17  
Range of Exercise Prices, lower limit (in dollars per share)     $ 17.88  
Options Outstanding [Abstract]        
Number Outstanding (in shares) 346,896   346,896  
Weighted Average Remaining Contractual Life (in years)     6 years 3 months 18 days  
Weighted Average Exercise Price, Options Outstanding (in dollars per share) $ 51.50   $ 51.50  
Aggregate Intrinsic Value, Options Outstanding 12,160,000   12,160,000  
Options Exercisable [Abstract]        
Number Exercisable (in shares) 292,416   292,416  
Weighted Average Exercise Price, Options Exercisable (in dollars per share) $ 47.09   $ 47.09  
Aggregate Intrinsic Value, Options Exercisable 11,540,000   11,540,000  
Employee Stock Award Plan - Options Granted After to January 25, 2010 [Member]
       
Stock Award Plan Information [Abstract]        
Term of grant 7 years      
Vesting period 3 years      
Employee Stock Award Plan - Options Granted Prior to January 25, 2010 [Member]
       
Stock Award Plan Information [Abstract]        
Term of grant 5 years      
Vesting period 3 years      
Stock Options [Member]
       
Share based Compensation Plans Combined Disclosure [Abstract]        
Weighted average period of recognition in years     1 year 2 months 12 days  
Restricted Stock [Member]
       
Share based Compensation Plans Combined Disclosure [Abstract]        
Unrecognized compensation cost related to unvested awards   $ 17,820,000   $ 17,820,000
Weighted average period of recognition in years     2 years 9 months 18 days