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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Share-Based Compensation [Abstract]  
Schedule Of Selected Financial Impact Of Share-Based Compensation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

 

2013

 

 

2012

 

 

2011

 

 

 

 

 

 

 

 

 

 

 

Share-based compensation expense included in cost of revenue

$

1,841

 

$

1,770

 

$

1,439

 

Share-based compensation expense included in operating expenses

 

14,733

 

 

14,152

 

 

14,057

 

Total share-based compensation expense included in consolidated statements of income

 

16,574

 

 

15,922

 

 

15,496

 

Income tax benefit resulting from share-based compensation arrangements

 

(5,584

)

 

(5,403

)

 

(5,245

)

Net impact of share-based compensation on net income

$

10,990

 

$

10,519

 

$

10,251

 

 

Schedule Of Weighted Averages Of The Assumptions Used In Estimating The Fair Value Of Stock Option Awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

 

 

2013 

 

 

 

2012 

 

 

 

2011 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expected stock price volatility

 

 

32 

%

 

 

34 

%

 

 

33 

%

Expected term, in years

 

 

4.9 

 

 

 

4.6 

 

 

 

4.8 

 

Risk-free interest rate

 

 

1.0 

%

 

 

0.8 

%

 

 

2.3 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average fair value of options granted

 

$

27.17 

 

 

$

26.38 

 

 

$

24.86 

 

 

Schedule Of Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Options (000)

 

Weighted Average Exercise Price

 

Weighted Average Remaining Contractual Term

 

Aggregate Intrinsic Value ($000)

 

 

 

 

 

 

 

 

 

 

Outstanding as of December 31, 2012

2,667 

 

$

52.50 

 

 

 

 

 

Granted

386 

 

 

93.40 

 

 

 

 

 

Exercised

(837)

 

 

40.35 

 

 

 

 

 

Forfeited

(83)

 

 

71.56 

 

 

 

 

 

Expired

(2)

 

 

26.70 

 

 

 

 

 

Outstanding as of December 31, 2013

2,131 

 

$

63.96 

 

3.7 

 

$

90,381 

 

 

 

 

 

 

 

 

 

 

Fully vested as of December 31, 2013

1,111 

 

$

49.48 

 

2.2 

 

$

63,186 

 

 

 

 

 

 

 

 

 

 

Fully vested and expected to vest as of December 31, 2013

2,072 

 

$

63.42 

 

3.6 

 

$

89,014 

 

Schedule Of Restricted Stock Unit Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Units (000)

 

Weighted Average Grant-Date Fair Value

 

 

 

 

 

 

 

 

 

Nonvested as of December 31, 2012

 

 

 

 

 

385 

 

$

65.07 

Granted

 

 

 

 

 

115 

 

 

91.95 

Vested

 

 

 

 

 

(139)

 

 

57.80 

Forfeited

 

 

 

 

 

(25)

 

 

72.42 

Nonvested as of December 31, 2013

 

 

 

 

 

336 

 

$

76.67 

 

 

 

 

 

 

 

 

 

 

Expected to vest as of December 31, 2013

 

 

 

 

 

314 

 

$

76.18