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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-based compensation assumptions used in the option valuation models
The assumptions used in the option valuation models are outlined in the following table: 
 
 
Year Ended December 31,
 
 
2014
 
2013
Weighted average grant date fair value per share
 
$
106.08

 
$
113.31

Weighted average assumptions used:
 
 
 
 
Expected volatility
 
45
%
 
45
%
Expected life (in years)
 
6.25

 
6.11

Risk-free interest rate
 
1.98
%
 
0.95
%
Expected dividend yield
 
%
 
%
Stock option activity
The following table summarizes stock option activity during the years ended December 31, 2015, 2014 and 2013 (shares in thousands): 
 
 
Year Ended
 
Year Ended
 
Year Ended
 
 
December 31, 2015
 
December 31, 2014
 
December 31, 2013
 
 
Options
 
Weighted
Average
Exercise
Price
 
Options
 
Weighted
Average
Exercise
Price
 
Options
 
Weighted
Average
Exercise
Price
Outstanding at beginning of period
 
130

 
$
218.46

 
129

 
$
218.38

 
129

 
$
216.62

Granted
 

 
$

 
1

 
$
229.84

 
4

 
$
258.37

Exercised (1)
 

 
$

 

 
$

 
(3
)
 
$
193.13

Forfeited
 

 
$

 

 
$

 
(1
)
 
$
258.37

Outstanding at end of period (2)
 
130

 
$
218.46

 
130

 
$
218.46

 
129

 
$
218.38

Options exercisable at end of period (3)
 
93

 
$
202.48

 
88

 
$
199.50

 
82

 
$
196.33

Available for grant at end of period
 
10

 
 
 
10

 
 
 
11

 
 
 
(1)
The total intrinsic value of the options exercised during the year ended December 31, 2013 was $0.2 million.
(2)
Stock options outstanding at December 31, 2015 have a weighted average remaining contractual term of 3.4 years and the aggregate intrinsic value is zero.
(3)
Exercisable stock options at December 31, 2015 have a weighted average remaining contractual term of 2.2 years and there is no intrinsic value.