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Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Stock Based Compensation Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31,

 

2015

 

2014

 

2013

Stock-based compensation expense

$

59,465 

 

$

97,618 

 

$

64,781 

Stock-based compensation expense, net of tax

 

36,666 

 

 

60,084 

 

 

39,465 

Stock-based compensation expense recognized as capitalized development

 

1,554 

 

 

1,178 

 

 

1,124 

 

Summary Of Option And SOSAR Activity Under Incentive Plan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

Shares

 

Weighted-Average Exercise Price Per Share

 

Shares

 

Weighted-Average Exercise Price Per Share

 

Shares

 

Weighted-Average Exercise Price Per Share

Outstanding, beginning of year

2,087 

 

$

395.46 

 

1,690 

 

$

312.44 

 

1,449 

 

$

274.92 

Granted

379 

 

$

659.12 

 

764 

 

$

545.66 

 

672 

 

$

320.21 

Exercised

(716)

 

$

297.25 

 

(315)

 

$

310.32 

 

(369)

 

$

176.23 

Forfeited

(56)

 

$

554.73 

 

(52)

 

$

419.74 

 

(62)

 

$

329.76 

Outstanding, end of year

1,694 

 

$

490.70 

 

2,087 

 

$

395.46 

 

1,690 

 

$

312.44 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares

 

Weighted-Average Exercise Price Per Share

 

Weighted-Average Remaining Years of Contractual Life

 

Aggregate Intrinsic Value

Outstanding as of December 31, 2015

1,694 

 

$

490.70 

 

4.9 

 

$

92,773 

Vested and expected to vest as of December 31, 2015

1,640 

 

$

486.10 

 

4.8 

 

$

92,622 

Exercisable as of December 31, 2015

321 

 

$

339.72 

 

3.5 

 

$

45,112 

 

Summary Of Non-Vested Stock Award Activity Under Incentive Plan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

Shares

 

Grant Date Fair Value
Per Share

 

Shares

 

Grant Date Fair Value
Per Share

 

Shares

 

Grant Date Fair Value
Per Share

Outstanding, beginning of year

70 

 

$

525.60 

 

71 

 

$

520.27 

 

120 

 

$

218.34 

Granted

47 

 

$

785.32 

 

 

$

495.92 

 

68 

 

$

527.45 

Vested

(1)

 

$

413.07 

 

(2)

 

$

284.11 

 

(117)

 

$

215.76 

Forfeited

 -

 

$

534.55 

 

(1)

 

$

410.55 

 

—  

 

$

—  

Outstanding, end of year

116 

 

$

511.88 

 

70 

 

$

525.60 

 

71 

 

$

520.27 

 

Performance Shares [Member]  
Schedule Of Assumptions to Value SOSAR or Stock Awards Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

Risk-free interest rate

 

 

 

 

 

 

 

 

 

 

1.0 

%

Expected life (years)

 

 

 

 

 

 

 

 

 

 

2.9 

 

Expected dividend yield

 

 

 

 

 

 

 

 

 

 

0.0 

%

Volatility

 

 

 

 

 

 

 

 

 

 

33.7 

%

 

SOSARS [Member]  
Schedule Of Assumptions to Value SOSAR or Stock Awards Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

Risk-free interest rate

 

 

1.1 

%

 

 

0.8 

%

 

 

0.5 

%

Expected life (years)

 

 

3.4 

 

 

 

3.4 

 

 

 

3.4 

 

Expected dividend yield

 

 

0.0 

%

 

 

0.0 

%

 

 

0.0 

%

Volatility

 

 

30.8 

%

 

 

33.3 

%

 

 

35.4 

%

Weighted-average Black-Scholes fair value per share at date of grant

 

$

156.32 

 

 

$

136.18 

 

 

$

82.51