XML 61 R47.htm IDEA: XBRL DOCUMENT v3.6.0.2
STOCKHOLDERS' EQUITY (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
Plan
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]      
Impact of stock-based compensation cost on net earnings | $ $ (4,473) $ (4,395) $ (2,926)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Increase in cash flows from financing activities , excess tax benefits related to stock compensation | $ $ 2,546 $ 7,009 $ 7,220
Number of share-based compensation plans | Plan 1    
Weighted Average Grant Date Fair Value [Abstract]      
Estimated share-based compensation expense for current fiscal year | $ $ 6,900    
Repurchase of common stock [Abstract]      
Number of shares authorized to be repurchased (in shares) 3,763,038    
Aggregate number of shares repurchased since inception (in shares) 2,150,835    
Number of shares remaining in treasury (in shares) 0 1,089  
Number of shares acquired under the stock repurchase plan and subsequently reissued (in shares) 24,912    
Treasury stock acquired, average cost (in dollars per share) | $ / shares $ 63.76    
Stock options outstanding by price range [Abstract]      
Shares Outstanding (in shares) 1,066,000    
Weighted Average Remaining Contractual Term of Options Outstanding 6 years 2 months 12 days    
Weighted Average Exercise Price of Options Outstanding (in dollars per share) | $ / shares $ 45.32    
Number of Options Exercisable (in shares) 604,000    
Weighted Average Exercise Price of Options Exercisable (in dollars per share) | $ / shares $ 34.77    
Stock Options [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Shares available for future awards (in shares) 3,476,571    
Weighted Average Assumptions [Abstract]      
Expected Volatility 34.40% 33.20% 33.70%
Expected Term 5 years 5 years 6 months 5 years 7 months 6 days
Risk-Free Interest Rate 1.20% 1.70% 1.80%
Dividend Yield 0.50% 0.60% 0.50%
Vesting period 3 years    
Stock Option Activity [Abstract]      
Outstanding at beginning of year (in shares) 1,017,000 1,470,000 1,893,000
Granted (in shares) 341,000 209,000 313,000
Exercised (in shares) (236,000) (627,000) (610,000)
Forfeited (in shares) (56,000) (35,000) (126,000)
Outstanding at end of year (in shares) 1,066,000 1,017,000 1,470,000
Exercisable at end of year (in shares) 604,000 667,000 1,066,000
Weighted Average Exercise Price [Abstract]      
Outstanding at beginning of year (in dollars per share) | $ / shares $ 37.29 $ 27.35 $ 20.94
Granted (in dollars per share) | $ / shares 60.92 58.34 53.38
Exercised (in dollars per share) | $ / shares 30.44 20.16 14.92
Forfeited (in dollars per share) | $ / shares 58.23 52.97 56.03
Outstanding at end of year (in dollars per share) | $ / shares 45.32 37.29 27.35
Exercisable at end of period (in dollars per share) | $ / shares $ 34.77 $ 29.19 $ 21.52
Aggregate intrinsic value for outstanding stock options | $ $ 41,161 $ 23,927 $ 57,742
Weighted average remaining contractual term for outstanding stock options 6 years 2 months 12 days    
Aggregate intrinsic value for exercisable stock options outstanding | $ $ 29,680    
Weighted average remaining contractual term for exercisable stock options outstanding 4 years 7 months 6 days    
Weighted-average fair value of options granted (in dollars per share) | $ / shares $ 18.48 $ 18.35 $ 17.36
Total intrinsic value of stock options exercised | $ $ 8,609 $ 24,047 $ 25,224
Restricted Stock [Member]      
Non-vested Restricted Stock [Roll Forward]      
Non-vested balance as of beginning of year (in shares) 150,000 134,000 172,000
Granted (in shares) 19,000 77,000 33,000
Vested (in shares) (66,000) (61,000) (65,000)
Forfeited (in shares) (1,000) 0 (6,000)
Non-vested balance as of end of year (in shares) 102,000 150,000 134,000
Weighted Average Grant Date Fair Value [Abstract]      
Non-vested balance as of beginning of year (in dollars per share) | $ / shares $ 47.46 $ 38.13 $ 33.69
Granted (in dollars per share) | $ / shares 61.22 55.77 54.86
Vested (in dollars per share) | $ / shares 40.96 37.35 34.19
Forfeited (in dollars per share) | $ / shares 56.77 0 45.32
Non-vested balance as of end of year (in dollars per share) | $ / shares $ 54.18 $ 47.46 $ 38.13
Unrecognized compensation cost related to non-vested shares | $ $ 8,260 $ 7,705 $ 5,981
Weighted-average period of recognition for unrecognized compensation cost 1 year 4 months 24 days    
Restricted Stock [Member] | Employee [Member]      
Weighted Average Assumptions [Abstract]      
Vesting period 4 years    
Restricted Stock [Member] | Non-employee Director [Member]      
Weighted Average Assumptions [Abstract]      
Vesting period 4 years    
Performance Shares [Member]      
Non-vested Restricted Stock [Roll Forward]      
Non-vested balance as of beginning of year (in shares) 20,000 0 0
Granted (in shares) 22,000 29,000 0
Vested (in shares) 0 0 0
Forfeited (in shares) (8,000) (9,000) 0
Non-vested balance as of end of year (in shares) 34,000 20,000 0
Weighted Average Grant Date Fair Value [Abstract]      
Non-vested balance as of beginning of year (in dollars per share) | $ / shares $ 58.77 $ 0 $ 0
Granted (in dollars per share) | $ / shares 63.15 58.77 0
Vested (in dollars per share) | $ / shares 0 0 0
Forfeited (in dollars per share) | $ / shares 60.88 58.77 0
Non-vested balance as of end of year (in dollars per share) | $ / shares $ 61.06 $ 58.77 $ 0
Performance Shares [Member] | Employee [Member]      
Weighted Average Assumptions [Abstract]      
Expected Volatility 32.00% 34.00%  
Risk-Free Interest Rate 0.88% 1.00%  
Dividend Yield 0.60% 0.50%  
Vesting period 3 years    
Weighted Average Grant Date Fair Value [Abstract]      
Initial TSR (6.60%) (6.90%)  
Cliff vest 100.00%    
1999 Stock Plan [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Initial number of common stock shares reserved for issuance (in shares) 600,000    
Increase in the number of shares of common stock reserved for issuance (in shares) 600,000    
1999 Stock Plan [Member] | Non-employee Director [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Shares purchased under restricted stock purchase agreements, minimum (in shares) 500    
Shares purchased under restricted stock purchase agreements, maximum (in shares) 54,000    
1999 Stock Plan [Member] | Stock Options [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Percentage of option grants exercisable after one year 20.00%    
Percentage of option grants exercisable after two years 60.00%    
Percentage of option grants exercisable after three years 100.00%    
Expiration period of options granted 10 years    
1999 Stock Plan [Member] | Restricted Stock [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Shares purchased under restricted stock purchase agreements, minimum (in shares) 1,000    
Shares purchased under restricted stock purchase agreements, maximum (in shares) 20,250    
Shares purchased under restricted stock purchase agreements, purchase price, minimum (in dollars per share) | $ / shares $ 0.02    
Shares purchased under restricted stock purchase agreements, purchase price, maximum (in dollars per share) | $ / shares $ 0.07    
Amended 1999 Stock Plan [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Initial number of common stock shares reserved for issuance (in shares) 1,200,000    
Second Amended 1999 Stock Plan [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Initial number of common stock shares reserved for issuance (in shares) 6,000,000    
ISO Plan [Member] | Stock Options [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Expiration period of options granted 10 years    
Non-Qualified Plan [Member] | Stock Options [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Expiration period of options granted 10 years    
Cost of Sales [Member]      
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]      
Stock-based compensation cost | $ $ 1,040 $ 854 $ 593
Operating Expenses [Member]      
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]      
Stock-based compensation cost | $ $ 5,984 $ 5,975 $ 3,964
$13.61 - $34.81 [Member]      
Stock options outstanding by price range [Abstract]      
Range of Exercise Prices, Minimum (in dollars per share) | $ / shares $ 13.61    
Range of Exercise Prices, Maximum (in dollars per share) | $ / shares $ 34.81    
Shares Outstanding (in shares) 356,000    
Weighted Average Remaining Contractual Term of Options Outstanding 3 years 6 months    
Weighted Average Exercise Price of Options Outstanding (in dollars per share) | $ / shares $ 25.40    
Number of Options Exercisable (in shares) 356,000    
Weighted Average Exercise Price of Options Exercisable (in dollars per share) | $ / shares $ 25.40    
$38.10 - $59.95 [Member]      
Stock options outstanding by price range [Abstract]      
Range of Exercise Prices, Minimum (in dollars per share) | $ / shares 38.10    
Range of Exercise Prices, Maximum (in dollars per share) | $ / shares $ 59.95    
Shares Outstanding (in shares) 406,000    
Weighted Average Remaining Contractual Term of Options Outstanding 6 years 7 months 6 days    
Weighted Average Exercise Price of Options Outstanding (in dollars per share) | $ / shares $ 51.03    
Number of Options Exercisable (in shares) 224,000    
Weighted Average Exercise Price of Options Exercisable (in dollars per share) | $ / shares $ 46.89    
$60.01 - $80.26 [Member]      
Stock options outstanding by price range [Abstract]      
Range of Exercise Prices, Minimum (in dollars per share) | $ / shares 60.01    
Range of Exercise Prices, Maximum (in dollars per share) | $ / shares $ 80.26    
Shares Outstanding (in shares) 304,000    
Weighted Average Remaining Contractual Term of Options Outstanding 9 years    
Weighted Average Exercise Price of Options Outstanding (in dollars per share) | $ / shares $ 61.00    
Number of Options Exercisable (in shares) 24,000    
Weighted Average Exercise Price of Options Exercisable (in dollars per share) | $ / shares $ 60.84