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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2017
Stock-Based Compensation Plans  
Schedule of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

 

 

 

Remaining

 

Aggregate

 

 

Option

 

Weighted Average

 

Contractual Term

 

Intrinsic Value

Stock Options

    

Shares

    

Exercise Price

    

(in years)

    

(in millions)

Outstanding at January 1, 2015

 

1,327,412

 

$

49.66

 

 

 

 

 

Exercised

 

(390,606)

 

 

48.19

 

 

 

 

 

Expired or forfeited

 

(2,481)

 

 

51.96

 

 

 

 

 

Outstanding at December 31, 2015

 

934,325

 

 

50.26

 

 

 

 

 

Exercised

 

(753,645)

 

 

49.70

 

 

 

 

 

Outstanding at December 31, 2016

 

180,680

 

 

52.61

 

 

 

 

 

Exercised

 

(98,405)

 

 

52.41

 

 

 

 

 

Expired or forfeited

 

(7,000)

 

 

58.68

 

 

 

 

 

Outstanding at December 31, 2017

 

75,275

 

$

52.30

 

0.9

 

$

2.5

Exercisable at December 31, 2017

 

75,275

 

$

52.30

 

0.9

 

$

2.5

 

Summary of certain information concerning outstanding and exercisable options

 

 

 

 

 

 

 

 

 

 

 

 

Options Outstanding and Exercisable

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

Remaining

 

Weighted

Range of

 

Outstanding at

 

Contractual Life

 

Average

Exercise Price

    

December 31, 2017

    

in Years

    

Exercise Price

$38

 

12,000

 

1.4

 

$

38.00

$44 - $45

 

16,000

 

2.4

 

 

44.99

$55 - $56

 

35,275

 

0.1

 

 

55.73

$66 - $67

 

12,000

 

0.4

 

 

66.28

$38 - $67

 

75,275

 

0.9

 

$

52.30

 

Summary of the status of the Company's restricted stock units and changes during the year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

Average Grant

Unvested Shares

 

Shares

    

Date Fair Value

Unvested at January 1, 2017

 

985,540

 

$

64.34

Granted

 

446,525

 

 

79.60

Vested

 

(467,968)

 

 

59.33

Canceled or forfeited

 

(39,522)

 

 

67.99

Unvested at December 31, 2017

 

924,575

 

$

74.09