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SHARE-BASED COMPENSATION AND BENEFIT PLANS (Tables)
3 Months Ended
Mar. 31, 2023
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, 2022

 

1,069

$

356.76

Granted

 

62

 

829.83

Exercised

 

(35)

 

291.35

Forfeited or expired

 

(5)

 

557.30

Outstanding at March 31, 2023

 

1,091

$

385.00

Exercisable at March 31, 2023

 

803

$

302.61

Black-Scholes option pricing model

March 31, 

    

2023

2022

Risk free interest rate

 

3.91

%  

1.61

%  

Expected life

 

6.5

Years

6.5

Years

Expected volatility

 

29.1

%  

28.5

%  

Expected dividend yield

 

%  

%  

Summary of activity of share-based compensation and benefit plans

For the Three Months Ended

March 31, 

    

2023

    

2022

Compensation expense for stock options awarded

$

6,119

$

5,301

Income tax benefit from compensation expense related to stock options

 

1,534

 

1,346

Weighted-average grant-date fair value of options awarded

$

318.08

$

217.68

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

For the Three Months Ended

March 31, 

    

2023

    

2022

Compensation expense for shares issued under the ESPP

$

861

$

793

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

216

201

Compensation expense for restricted shares awarded

455

439

Income tax benefit from compensation expense related to restricted awards

$

114

$

112