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STOCK COMPENSATION Stock Compensation (Tables)
6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
he following table reflects the non-qualified stock option transactions from December 31, 2013 through June 30, 2014:
 
Outstanding
 
Exercisable
(in thousands, except per share data)
Shares
 
Weighted
Average
Exercise
Price
 
Aggregate
Intrinsic
Value
 
Shares
 
Weighted
Average
Exercise
Price
 
Aggregate
Intrinsic
Value
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2013
8,295

 
$
35.04

 
$
111,450

 
6,225

 
$
33.67

 
$
92,200

Granted
920

 
45.23

 
 

 
 

 
 

 
 

Exercised
(390
)
 
32.63

 
 

 
 

 
 

 
 

Cancelled
(5
)
 
45.15

 
 

 
 

 
 

 
 

Forfeited
(24
)
 
41.01

 
 

 
 

 
 

 
 

Balance at June 30, 2014
8,796

 
$
36.20

 
$
98,117

 
6,906

 
$
34.48

 
$
88,889

Schedule of Stock Based Compensation
The following table represents total stock based compensation expense for non-qualified stock options, restricted stock units (“RSU”) and the tax related benefit for the three and six months ended June 30, 2014 and 2013:
 
Three Months Ended
 
Six Months Ended
(in thousands)
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
Stock option expense
$
2,829

 
$
2,876

 
$
4,503

 
$
5,005

RSU expense
4,366

 
3,337

 
8,085

 
6,269

Total stock based compensation expense
$
7,195

 
$
6,213

 
$
12,588

 
$
11,274

 
 
 
 
 
 
 
 
Total related tax benefit
$
1,979

 
$
1,788

 
$
3,543

 
$
2,865

Schedule of Nonvested Share Activity
The following table summarizes the unvested RSU transactions from December 31, 2013 through June 30, 2014:
(in thousands, except per share data)
Shares
 
Weighted Average
Grant Date
Fair Value
 
 
 
 
Balance at December 31, 2013
1,131

 
$
38.81

Granted
443

 
45.16

Vested
(272
)
 
36.69

Forfeited
(97
)
 
40.88

Balance at June 30, 2014
1,205

 
$
41.45