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SHARE-BASED AWARDS AND STOCK OPTIONS (Tables) | 6 Months Ended
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Jun. 30, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-based Compensation Expense | The following table summarizes share-based compensation expense and the related income tax benefit recognized for our share-based awards and stock options:
| Three Months Ended |  | Six Months Ended
| June 30, 2025 |  | June 30, 2024 |  | June 30, 2025 |  | June 30, 2024
| (in thousands)
Share-based compensation expense from continuing operations | $ | 33,312 |  |  | $ | 37,085 |  |  | $ | 63,600 |  |  | $ | 70,444 |
Share-based compensation expense from discontinued operations | 6,498 |  |  | 6,160 |  |  | 15,950 |  |  | 12,918 |
Total share-based compensation expense | $ | 39,810 |  |  | $ | 43,245 |  |  | $ | 79,550 |  |  | $ | 83,362 |
Total income tax benefit | $ | 12,269 |  |  | $ | 6,968 |  |  | $ | 18,534 |  |  | $ | 16,334 |
Schedule of Changes in Unvested Restricted Stock Awards and Performance Awards | The following table summarizes the changes in unvested restricted stock and performance awards for the six months ended June 30, 2025:
| Shares |  | Weighted-Average Grant-Date Fair Value
| (in thousands) |  |
Unvested at December 31, 2024 | 2,252 |  |  | $126.07 |
Granted | 1,582 |  |  | 103.72 |
Vested | (1,074) |  |  | 126.73 |
Forfeited | (143) |  |  | 112.09 |
Unvested at June 30, 2025 | 2,617 |  |  | $112.38 |
Schedule of Changes in Stock Option Activity | The following table summarizes stock option activity for the six months ended June 30, 2025:
| Options |  | Weighted-Average Exercise Price |  | Weighted-Average Remaining Contractual Term |  | Aggregate Intrinsic Value
| (in thousands) |  |  |  | (years) |  | (in millions)
Outstanding at December 31, 2024 | 778 |  |  | $112.91 |  |  | 5.5 |  | $9.0
Granted | 236 |  |  | 102.25 |  |  |  |  |
Forfeited | (20) |  |  | 113.89 |  |  |  |  |
Exercised | (38) |  |  | 57.31 |  |  |  |  |
Outstanding at June 30, 2025 | 956 |  |  | $112.44 |  |  | 6.2 |  | $1.1
Options vested and exercisable at June 30, 2025 | 597 |  |  | $114.28 |  |  | 4.4 |  | $1.0
Schedule of Fair Valuation Assumptions | Fair value was estimated on the date of grant using the Black-Scholes valuation model with the following weighted-average assumptions:
| Six Months Ended
| June 30, 2025 |  | June 30, 2024
Risk-free interest rate | 4.01% |  | 4.16%
Expected volatility | 46% |  | 45%
Dividend yield | 0.88% |  | 0.90%
Expected term in years | 5 |  | 5

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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