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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
 
For the Three Months Ended
March 31,
 
2014
 
2013
Numerator (basic and diluted):
 
 
 
Net income
$
173,860

 
$
154,329

 
 
 
 
Denominator:
 
 
 
Denominator for basic earnings per share - weighted-average shares
106,191

 
111,557

Effect of stock options (1)
1,879

 
1,839

Denominator for diluted earnings per share - weighted-average shares
108,070

 
113,396

 
 
 
 
Earnings per share:
 
 
 
Earnings per share-basic
$
1.64

 
$
1.38

Earnings per share-assuming dilution
$
1.61

 
$
1.36

 
 
 
 
Antidilutive common stock equivalents not included in the calculation of diluted earnings per share:
 
 
 
Stock options (1)
288

 
1,555

Weighted-average exercise price per share of antidilutive stock options (1)
$
135.22

 
$
91.08


(1) 
See Note 6 for further discussion on the terms of the Company's share-based compensation plans.