XML 37 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2014
STOCK-BASED COMPENSATION  
Schedule of weighted-average assumptions used to estimate the fair value of options granted

 

 

 

Three-Months Ended March 31,

 

 

 

2014

 

2013

 

Dividend yield

 

0.0 %

 

0.0 %

 

Expected volatility

 

43.1 %

 

47.8 %

 

Risk-free interest rate

 

1.6 %

 

0.9 %

 

Expected term

 

5.9 years

 

5.4 years

 

 

Summary of activities with respect to its stock option plans

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Weighted-

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

 

 

 

 

Number of

 

Exercise

 

Contractual

 

 

 

 

 

Shares (In

 

Price Per

 

Term (In

 

Aggregate

 

Options

 

thousands)

 

Share

 

years)

 

Intrinsic Value

 

Outstanding at January 1, 2014

 

12,973

 

  $

15.70

 

3.7

 

  $

675,595

 

Granted

 

689

 

  $

70.06

 

 

 

 

 

Exercised

 

(235)

 

  $

24.33

 

 

 

 

 

Cancelled or forfeited

 

(16)

 

  $

47.09

 

 

 

 

 

Outstanding at March 31, 2014

 

13,411

 

  $

18.30

 

3.8

 

  $

686,398

 

Vested and expected to vest in the future at March 31, 2014

 

12,905

 

  $

16.92

 

3.6

 

  $

678,326

 

Exercisable at March 31, 2014

 

10,323

 

  $

9.45

 

2.4

 

  $

619,368

 

 

Summary of activities with respect to non-vested restricted stock awards and non-vested restricted stock units

 

 

 

Number of
Shares (in
thousands)

 

Weighted
Average
Grant-Date
Fair Value

 

Non-vested at January 1, 2014

 

391

 

 

$

49.27

 

Granted

 

-

 

 

$

-

 

Vested

 

(17

)

 

$

57.18

 

Forfeited/cancelled

 

(6

)

 

$

57.30

 

Non-vested at March 31, 2014

 

368

 

 

$

48.78