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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Information Related to Stock-Based Compensation Plans
The following table sets forth certain information regarding the 1995 Plan:
 
December 31,
2013
Shares available for grant
1,998,881

Shares of common stock reserved for issuance
3,487,290

Schedule of Options Outstanding and Exercisable
The following table sets forth certain information regarding all options outstanding and exercisable:
 
December 31, 2013
 
Options Outstanding
 
Options Exercisable
Number
751,853

 
232,828

Weighted average exercise price
$
50.18

 
$
31.80

Aggregate intrinsic value
$ 29.5 million

 
$ 13.4 million

Weighted average remaining contractual term
5.1 years

 
3.8 years

Schedule of Restricted Stock Units Nonvested and Expected to Vest
The following table sets forth certain information regarding all RSUs nonvested and expected to vest:
 
December 31, 2013
 
RSUs Nonvested
 
RSUs Expected to Vest
Number
745,060

 
637,692

Weighted average grant date per share fair value
$
57.60

 
$
56.75

Aggregate intrinsic value
$ 65.8 million

 
$ 57.0 million

Weighted average remaining term to vest
1.7 years

 
1.6 years

Schedule of Stock Option Activity
Activity under these plans was as follows (share amounts in thousands):
 
Year Ended December 31, 2013
 
Shares Subject to Options
 
Weighted Average Exercise Price
Balance, beginning of period
870

 
$
35.81

Granted
198

 
82.11

Forfeited
(47
)
 
37.38

Expired
(4
)
 
15.56

Exercised
(265
)
 
29.69

Balance, end of period
752

 
50.18

Schedule of Restricted Stock Unit Activity
 
Year Ended December 31, 2013
 
Restricted Stock Units
 
Weighted Average Grant Date Per Share Fair Value
Balance, beginning of period
871

 
$
41.69

Granted
244

 
83.58

Forfeited
(61
)
 
41.14

Vested
(309
)
 
37.00

Balance, end of period
745

 
57.60

Stock-Based Compensation Disclosures
Certain information regarding our stock-based compensation was as follows (in thousands):
 
Year Ended
 
2013
 
2012
 
2011
Weighted average grant-date fair value of stock options granted
$
16,283

 
$
12,279

 
$
11,703

Weighted average grant-date fair value of restricted stock units
20,415

 
20,461

 
15,499

Total intrinsic value of stock options exercised
13,169

 
6,293

 
10,550

Fair value of restricted stock units vested
11,452

 
9,113

 
8,120

Cash received from stock options exercised and shares purchased under all stock-based arrangements
16,545

 
13,131

 
24,382

Tax benefit realized for stock options
6,495

 
3,137

 
2,918

Schedule of Stock-Based Compensation Expense
Our stock-based compensation expense was included in our Consolidated Statements of Operations as follows (in thousands):
 
Year Ended
 
2013
 
2012
 
2011
Cost of sales
$
2,427

 
$
1,858

 
$
1,511

Research and development
2,156

 
1,903

 
1,873

Selling, general and administrative
13,744

 
10,393

 
7,727

Total stock-based compensation
$
18,327

 
$
14,154

 
$
11,111

Schedule of Stock-Based Compensation Valuation Assumptions
The following weighted average assumptions were used in determining fair value pursuant to the Black-Scholes option pricing model:
 
Year Ended
 
2013
 
2012
 
2011
Risk-free interest rate
0.07% - 1.72%
 
0.13% - 0.81%
 
0.06% - 2.02%
Dividend yield
0.44% - 0.59%

 
0% - 0.72%
 
%
Expected term:
 
 
 
 
 
Option plans
3.1 - 5.1 years
 
5.3 - 5.5 years
 
5.5 - 5.7 years
Employee share purchase plan
6 months
 
6 months
 
6 months
Volatility
23% - 43%
 
36% - 55%
 
36% - 55%
Discount for post vesting restrictions
%
 
%
 
%