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SHARE-BASED COMPENSATION AND BENEFIT PLANS (Tables)
6 Months Ended
Jun. 30, 2022
Employee stock option [Member]  
Share-Based Compensation and Benefit Plans  
Summary of stock options

Shares

Weighted- Average

(in thousands)

Exercise Price

Outstanding at December 31, 2021

 

1,206

$

300.09

Granted

 

107

 

670.59

Exercised

 

(91)

 

287.21

Forfeited or expired

 

(8)

 

441.03

Outstanding at June 30, 2022

 

1,214

$

332.76

Exercisable at June 30, 2022

 

869

$

264.09

Black-Scholes option pricing model

June 30, 

    

2022

2021

Risk free interest rate

 

1.81

%  

0.83

%  

Expected life

 

6.4

Years

6.2

Years

Expected volatility

 

28.7

%  

30.0

%  

Expected dividend yield

 

%  

%  

Summary of activity of share-based compensation and benefit plans

For the Three Months Ended

For the Six Months Ended

June 30, 

June 30, 

    

2022

    

2021

    

2022

2021

Compensation expense for stock options awarded

$

4,909

$

5,105

$

10,210

$

10,367

Income tax benefit from compensation expense related to stock options

 

1,214

 

1,314

 

2,525

 

2,668

Restricted stock [Member]  
Share-Based Compensation and Benefit Plans  
Summary of activity of share-based compensation and benefit plans

For the Three Months Ended

For the Six Months Ended

June 30, 

June 30, 

    

2022

    

2021

    

2022

    

2021

Compensation expense for shares issued under the ESPP

$

808

$

782

$

1,601

$

1,432

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

200

201

396

368

Compensation expense for restricted shares awarded

452

396

891

776

Income tax benefit from compensation expense related to restricted awards

$

112

$

102

$

220

$

200