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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2011
Stock-Based Compensation  
Schedule of stock option activity

 

 

 

 

Options

 

Weighted
Average
Exercise Price

 

Weighted Average
Remaining
Contractual Term
(in years)

 

Aggregate
Intrinsic
Value

 

 

 

 

 

 

 

 

 

 

 

Options outstanding at December 31, 2010

 

12,706,324

 

$

33.93

 

7.18

 

$

239,534

 

Options granted

 

35,000

 

53.41

 

 

 

 

 

Options exercised

 

(576,454

)

20.68

 

 

 

 

 

Options forfeited

 

(38,300

)

37.49

 

 

 

 

 

Options outstanding at March 31, 2011

 

12,126,570

 

34.54

 

7.08

 

$

240,698

 

Options granted

 

2,506,350

 

53.48

 

 

 

 

 

Options exercised

 

(303,328

)

31.42

 

 

 

 

 

Options forfeited

 

(82,300

)

38.10

 

 

 

 

 

Options outstanding at June 30, 2011

 

14,247,292

 

$

37.92

 

7.38

 

$

228,952

 

Vested and non-vested options expected to vest at June 30, 2011

 

13,152,814

 

$

37.42

 

7.27

 

$

218,000

 

Exercisable options at June 30, 2011

 

6,528,916

 

$

31.42

 

5.90

 

$

147,365

Schedule of status of non-vested options and changes during the year

 

 

 

 

Options

 

Weighted
Average Fair
Value at Grant
Date

 

 

 

 

 

 

 

Non-vested options at December 31, 2010

 

7,623,976

 

$

12.78

 

Options granted

 

35,000

 

16.98

 

Options forfeited

 

(38,300

)

12.63

 

Non-vested options at March 31, 2011

 

7,620,676

 

$

12.80

 

Options granted

 

2,506,350

 

14.15

 

Options vested

 

(2,326,350

)

12.23

 

Options forfeited

 

(82,300

)

12.82

 

Non-vested options at June 30, 2011

 

7,718,376

 

$

13.41

Summary of activity in the option plans

 

 

 

 

Three months ended
June 30,

 

Six months ended
June 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

Total intrinsic value of stock options exercised

 

$

6,739

 

$

5,914

 

$

26,402

 

$

9,699

 

Total fair value of stock options vested

 

28,446

 

23,665

 

28,446

 

23,667