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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2016
Stock-Based Compensation  
Schedule of weighted-average assumptions for stock options

 

 

 

 

 

 

 

 

 

 

    

2016

    

2015

 

Expected dividend yield

 

 

1.4

%  

 

1.1

%

Expected life in years

 

 

5.61

 

 

5.71

 

Expected volatility

 

 

27.5

%  

 

27.3

%

Risk-free interest rate

 

 

1.4

%  

 

1.4

%

Weighted-average fair value

 

$

19.30

 

$

21.19