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Share-Based Compensation and Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2017
Restricted stock [Member]  
Share-Based Compensation and Benefit Plans  
Summary of activity of share-based compensation
 
For the Three Months Ended 
 March 31,
 
2017
 
2016
Compensation expense for shares issued under the ESPP
$
541

 
$
523

Income tax benefit from compensation expense related to shares issued under the ESPP
205

 
195

Compensation expense for restricted shares awarded
678

 
319

Income tax benefit from compensation expense related to restricted awards
$
257

 
$
119


Stock option [Member]  
Share-Based Compensation and Benefit Plans  
Summary of stock options
 
Shares
 
Weighted-Average
Exercise Price
Outstanding at December 31, 2016
2,800

 
$
104.90

Granted
177

 
266.53

Exercised
(284
)
 
44.69

Forfeited
(6
)
 
209.59

Outstanding at March 31, 2017
2,687

 
$
121.71

Exercisable at March 31, 2017
1,910

 
$
76.44


Black-Scholes option pricing model
 
For the Three Months Ended 
 March 31,
 
2017
 
2016
Risk free interest rate
2.09
%
 
1.59
%
Expected life
5.9 Years

 
5.9 Years

Expected volatility
22.3
%
 
22.4
%
Expected dividend yield
%
 
%

Summary of activity of share-based compensation
 
For the Three Months Ended 
 March 31,
 
2017
 
2016
Compensation expense for stock options awarded
$
4,209

 
$
4,336

Income tax benefit from compensation expense related to stock options
1,593

 
1,620

Weighted-average grant-date fair value of options awarded
$
70.34

 
$
66.27