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Share-Based Employee Compensation Plans And Other Compensation and Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2012
Summary of stock options

 

 

 

 

 

 

 

 

 

 

 

Shares

(in thousands)

 

Weighted-Average Exercise Price

Outstanding at December 31, 2011

 7,491

 

$

 37.38

Granted

 1,045

 

 

 89.57

Exercised

 (1,045)

 

 

 27.56

Forfeited

 (345)

 

 

 56.39

Outstanding at June 30, 2012

 7,146

 

 

 45.53

Exercisable at June 30, 2012

 3,447

 

$

 30.25

Black-Scholes option pricing model

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Six Months Ended

June 30,

 

2012

 

2011

Risk free interest rate

 0.67

%

 

 1.63

%

Expected life

 4.1

 Years

 

 4.1

 Years

Expected volatility

 33.7

%

 

 33.4

%

Expected dividend yield

 -

%

 

 -

%

Stock Option [Member]
 
Summary of activity of share-based employee compensation plans and other compensation and benefit plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended June 30,

 

For the Six Months Ended June 30,

 

2012

 

2011

 

2012

 

2011

Compensation expense for stock options awarded

$

 4,835

 

$

 4,679

 

$

 9,216

 

$

 9,124

Income tax benefit from compensation expense related to stock options

$

 1,862

 

$

 1,792

 

$

 3,548

 

$

 3,495

Employee Stock Purchase Plan [Member] | Restricted Stock [Member]
 
Summary of activity of share-based employee compensation plans and other compensation and benefit plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended June 30,

 

For the Six Months Ended June 30,

 

2012

 

2011

 

2012

 

2011

Compensation expense for shares issued under the ESPP

$

 376

 

$

 314

 

$

 738

 

$

 626

Income tax benefit from compensation expense related to shares issued under the ESPP

 

 145

 

 

 120

 

 

 284

 

 

 240

Compensation expense for restricted shares awarded

 

 456

 

 

 404

 

 

 937

 

 

 782

Income tax benefit from compensation expense related to restricted awards

$

 176

 

$

 155

 

$

 361

 

$

 300