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SHARE-BASED COMPENSATION AND BENEFIT PLANS (Tables)
6 Months Ended
Jun. 30, 2024
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, 2023

 

884

$

428.50

Granted

 

61

 

1,062.42

Exercised

 

(199)

 

316.22

Forfeited or expired

 

(5)

 

780.03

Outstanding at June 30, 2024

 

741

$

508.49

Exercisable at June 30, 2024

 

526

$

380.44

Black-Scholes option pricing model

June 30, 

    

2024

2023

Risk free interest rate

 

4.18

%  

3.87

%  

Expected life

 

6.5

Years

6.4

Years

Expected volatility

 

28.2

%  

29.1

%  

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, 

    

2024

    

2023

    

2024

2023

Compensation expense for stock options awarded

$

5,742

$

5,796

$

11,337

$

11,915

Income tax benefit from compensation expense related to stock options

 

1,475

 

1,447

 

2,913

 

2,975

Employee stock purchase plan [Member] | 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, 

    

2024

    

2023

    

2024

    

2023

Compensation expense for shares issued under the ESPP

$

983

$

879

$

1,936

$

1,740

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

253

219

497

435

Compensation expense for restricted shares awarded

482

461

956

916

Income tax benefit from compensation expense related to restricted awards

$

124

$

115

$

246

$

229