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EMPLOYEE BENEFIT PLANS (Tables)
3 Months Ended
Mar. 31, 2020
Defined Benefit Plan [Abstract]  
Summary of stock option activity
The following table summarizes stock option activity during the three months ended March 31, 2020:
 
 
Options
 
Weighted Average
Exercise Price
Per Share
 
Aggregate
Intrinsic Value
 
Weighted Average
Remaining Life
 
 
 
 
 
 
(In Millions)
 
 
Outstanding at December 31, 2019
 
1,960,992

 
$
20.24

 
 
 
 
Exercised
 
(27,167
)
 
19.54

 
 
 
 
Outstanding at March 31, 2020
 
1,933,825

 
$
20.25

 
$

 
5.9 years
Vested and expected to vest at March 31, 2020
 
1,933,825

 
$
20.25

 
$

 
5.9 years
Exercisable at March 31, 2020
 
1,242,956

 
$
18.34

 
$

 
4.9 years

Schedule of assumptions used to determine fair value of stock options This fair value was calculated based on each grant date, using a Monte Carlo simulation with the following assumptions:
 
 
March 29, 2019
 
February 27, 2019
Expected volatility
 
48%
 
48%
Expected dividend yield
 
0%
 
0%
Expected life
 
6.2 years
 
6.2 years
Expected forfeiture rate
 
0%
 
0%
Risk-free interest rate
 
2.26%
 
2.53%

Summary of information about stock options by range of exercise prices
The following table summarizes information about our outstanding stock options at March 31, 2020:
 
 
Options Outstanding
 
Options Exercisable
Range of Exercise Prices 
 
Number of
Options
 
Weighted Average
Remaining
Contractual Life
 
Weighted Average
Exercise Price
 
Number of
Options
 
Weighted Average
Exercise Price
$16.43 to $19.759
 
1,201,289

 
5.0 years
 
$
18.12

 
1,201,289

 
$
18.12

$19.76 to $35.430
 
732,536

 
7.3 years
 
23.75

 
41,667

 
24.83

 
 
1,933,825

 
5.9 years
 
$
20.25

 
1,242,956

 
$
18.34


Summary of restricted stock unit activity
The following table summarizes restricted stock unit activity during the three months ended March 31, 2020
 
 
Restricted Stock Units
 
Weighted Average Grant
Date Fair Value Per Unit
Unvested at December 31, 2019
 
1,463,499

 
$
25.08

Granted
 
1,423,953

 
29.05

Vested
 
(394,281
)
 
25.28

Forfeited
 
(14,587
)
 
24.80

Unvested at March 31, 2020
 
2,478,584

 
$
27.33