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SHAREHOLDERS' EQUITY
 3 Months Ended
Mar. 31, 2014
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY [Text Block]
The following table presents our common shares issued and outstanding:
 
  
Three months ended March 31,
 
 
  
2014
 
2013
 
 
 
 
 
 
 
 
Shares issued, balance at beginning of period
174,134

 
171,867

 
 
Shares issued
1,061

 
1,728

 
 
Total shares issued at end of period
175,195

 
173,595

 
 
 
 
 
 
 
 
Treasury shares, balance at beginning of period
(64,649
)
 
(53,947
)
 
 
Shares repurchased
(4,036
)
 
(3,369
)
 
 
Shares reissued from treasury
235

 
27

 
 
Total treasury shares at end of period
(68,450
)
 
(57,289
)
 
 
 
 
 
 
 
 
Total shares outstanding
106,745

 
116,306

 
 
 
 
 
 
 


Treasury Shares

The following table presents our share repurchases:
 
  
Three months ended March 31,
 
 
  
2014
 
2013
 
 
 
 
 
 
 
 
In the open market:
 
 
 
 
 
Total shares
3,710

 
—

 
 
Total cost
$
164,606

 
$
—

 
 
Average price per share(1)
$
44.37

 
$
—

 
 
 
 
 
 
 
 
From employees:
 
 
 
 
 
Total shares
326

 
369

 
 
Total cost
$
14,097

 
$
14,668

 
 
Average price per share(1)
$
43.14

 
$
39.74

 
 
 
 
 
 
 
 
From founding shareholder:(2)
 
 
 
 
 
Total shares
—

 
3,000

 
 
Total cost
$
—

 
$
116,100

 
 
Average price per share(1)
$
—

 
$
38.70

 
 
 
 
 
 
 
 
Total shares repurchased:
 
 
 
 
 
Total shares
4,036

 
3,369

 
 
Total cost
$
178,703

 
$
130,768

 
 
Average price per share(1)
$
44.27

 
$
38.81

 
 
 
 
 
 
 
(1)
Calculated using whole figures.
(2) During the first quarter of 2013, we privately negotiated the repurchase of 3,000,000 common shares held by Trident II, L.P. and affiliated entities.