SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2015

A summary of the Company’s stock option activity and related information is as follows:


	Options in thousands			Weighted average exercise price		Aggregate intrinsic value
	2015			2015		2015
Outstanding at beginning of year		12,928		$	47.72	$	398,893
Granted		2,425		$	82.90
Exercised		(2,614	)	$	31.74

Outstanding at December 31, 2015		*)12,739		$	57.69	$	305,810

Exercisable at December 31, 2015		7,798		$	50.82	$	239,202

*)	As of December 31, 2015 , approximately 12.6 million options are vested and expected to vest. Options expected to vest reflect an estimated forfeiture rate for purposes of determining related compensation expense.

The options outstanding as of December 31, 2015, have been separated into ranges of exercise price, as follows:


	Outstanding			Exercisable
Exercise price	Number of options (in thousands)	Weighted average remaining contractual life (years)	Weighted average exercise price	Number of options (in thousands)	Weighted average remaining contractual life (years)	Weighted average exercise price
$			$			$
26.47-35.79	1,718	1.47	29.65	1,688	1.47	29.54
42.85-49.50	1,829	4.43	49.31	1,159	4.42	49.29
51.98-53.67	3,625	2.89	53.31	3,305	2.84	53.27
55.15-74.51	3,142	4.95	63.52	1,226	5.01	63.77
80.67-83.59	2,425	6.35	82.90	420	6.44	83.59

26.47-83.59	12,739	4.09	57.69	7,798	3.31	50.82

A summary of the Company’s RSUs activity is as follows:


	Year ended December 31,
	2015
	Number in thousands
Outstanding at beginning of year		802
Granted		*) 373
Vested		(268	)
Forfeited		(95	)

Outstanding as of December 31,		812

A summary of the Company’s PSUs activity is as follows:


	Year ended December 31,
	2015
	Number in thousands
Outstanding at beginning of year		94
Granted		101
Vested		(18	)
Forfeited		(21	)

Outstanding as of December 31,		156