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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES. (Tables)
12 Months Ended
Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Assumptions used in option pricing model and grant date fair value of options
We used the following inputs to the Black-Scholes option-pricing model to estimate the fair value of each option granted in 2015 and 2016.
 
Weighted-average
 
2015
 
2016
Grant-date fair value per option awarded
$
17.35

 
$
10.62

Assumptions used:
 
 
 
Expected life in years
7.0

 
6.8

Expected volatility
27
%
 
20
%
Dividend yield
2.4
%
 
2.5
%
Risk-free interest rate
1.9
%
 
1.6
%