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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2012
STOCK-BASED COMPENSATION  
Schedule of weighted-average assumptions used to estimate the fair value of options granted

 

 

2012

 

2011

 

2010

Dividend yield

 

0.0 %

 

0.0 %

 

0.0 %

Expected volatility

 

48.1 %

 

53.6 %

 

58.2 %

Risk free interest rate

 

0.74 %

 

1.5 %

 

1.9 %

Expected term

 

5.4 Years

 

5.8 Years

 

5.9 Years

Summary of activities with respect to its stock option plans

Options

 

Number of
Shares (In
Thousands)

 

Weighted-
Average
Exercise
Price Per
Share

 

Weighted-
Average
Remaining
Contractual
Term (In
Years)

 

Aggregate
Intrinsic
Value

Outstanding at January 1, 2012

 

18,569

 

$

8.57

 

4.1

 

$

696,371

Granted 01/01/12 - 03/31/12

 

120

 

$

57.45

 

 

 

 

Granted 04/01/12 - 06/30/12

 

65

 

$

66.43

 

 

 

 

Granted 07/01/12 - 09/30/12

 

207

 

$

57.99

 

 

 

 

Granted 10/01/12 - 12/31/12

 

53

 

$

47.63

 

 

 

 

Exercised

 

(4,857)

 

$

2.45

 

 

 

 

Cancelled or forfeited

 

(157)

 

$

20.30

 

 

 

 

Outstanding at December 31, 2012

 

14,000

 

$

12.12

 

4.1

 

$

572,530

Vested and expected to vest in the

 

 

 

 

 

 

 

 

future at December 31, 2012

 

13,542

 

$

11.41

 

4.0

 

$

562,816

Exercisable at December 31, 2012

 

11,043

 

$

8.29

 

3.3

 

$

492,022

Summary of stock options outstanding and exercisable

 

 

Options Outstanding

 

Options Exercisable

 

Range of Exercise
Prices ($)

 

Number
Outstanding (In
Thousands)

 

Weighted
Average
Remaining
Contractual
Term (Years)

 

Weighted
Average
Exercise
Price ($)

 

Number
Exercisable
(In
Thousands)

 

Weighted
Average
Exercise
Price ($)

 

$0.27   -   $2.09

 

1,011

 

0.5

 

$0.34

 

1,011

 

$0.34

 

$3.29   -   $3.29

 

4,400

 

2.2

 

$3.29

 

4,400

 

$3.29

 

$5.72   -   $6.21

 

27

 

2.8

 

$6.13

 

27

 

$6.13

 

$8.44   -   $8.44

 

2,458

 

2.9

 

$8.44

 

2,458

 

$8.44

 

$11.36   -   $15.60

 

203

 

5.8

 

$13.47

 

129

 

$13.40

 

$15.86   -   $15.86

 

2,090

 

5.4

 

$15.86

 

1,543

 

$15.86

 

$15.94   -   $17.44

 

146

 

5.8

 

$16.78

 

46

 

$16.55

 

$17.82   -   $17.82

 

1,517

 

6.9

 

$17.82

 

835

 

$17.82

 

$18.07   -   $28.98

 

1,416

 

7.0

 

$22.17

 

543

 

$21.94

 

$32.56   -   $74.78

 

732

 

9.2

 

$50.90

 

51

 

$39.49

 

 

 

14,000

 

4.1

 

$12.12

 

11,043

 

$8.29

Summary of activities with respect to non-vested restricted stock awards and non-vested restricted stock units

 

 

Number of
Shares (in
thousands)

 

Weighted
Average
Grant-Date
Fair Value

Non-vested at January 1, 2012

 

724

 

  $

 41.66

Granted 01/01/12 - 03/31/12

 

91

 

  $

 57.45

Granted 04/01/12 - 06/30/12

 

60

 

  $

 69.98

Granted 07/01/12 - 09/30/12

 

10

 

  $

 59.87

Granted 10/01/12 - 12/31/12

 

7

 

  $

 48.12

Vested

 

(252)

 

  $

 41.43

Forfeited/cancelled

 

(3)

 

  $

 61.16

Non-vested at December 31, 2012

 

637

 

  $

 46.97

Schedule of total compensation cost relating to incentive stock option, charged against income

 

 

2012

 

2011

 

2010

Operating expenses

 

$

 28,413

 

$

 19,424

 

$

 16,862

Total employee and non-employee share-based compensation expense included in income, before income tax

 

28,413

 

19,424

 

16,862

Less: Amount of income tax benefit recognized in earnings

 

(8,933)

 

(6,646)

 

(4,234)

Amount charged against net income

 

$

 19,480

 

$

 12,778

 

$

 12,628