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SHAREHOLDERS' EQUITY
3 Months Ended
Mar. 31, 2015
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
The following table presents our common shares issued and outstanding:
 
  
Three months ended March 31,
 
 
  
2015
 
2014
 
 
 
 
 
 
 
 
Shares issued, balance at beginning of period
175,478

 
174,134

 
 
Shares issued
712

 
1,061

 
 
Total shares issued at end of period
176,190

 
175,195

 
 
 
 
 
 
 
 
Treasury shares, balance at beginning of period
(76,052
)
 
(64,649
)
 
 
Shares repurchased
(290
)
 
(4,036
)
 
 
Shares reissued from treasury
371

 
235

 
 
Total treasury shares at end of period
(75,971
)
 
(68,450
)
 
 
 
 
 
 
 
 
Total shares outstanding
100,219

 
106,745

 
 
 
 
 
 
 


Treasury Shares

The following table presents our share repurchases:
 
  
Three months ended March 31,
 
 
  
2015
 
2014
 
 
 
 
 
 
 
 
In the open market:
 
 
 
 
 
Total shares
16

 
3,710

 
 
Total cost
$
832

 
$
164,606

 
 
Average price per share(1)
$
50.69

 
$
44.37

 
 
 
 
 
 
 
 
From employees:
 
 
 
 
 
Total shares
274

 
326

 
 
Total cost
$
13,939

 
$
14,097

 
 
Average price per share(1)
$
50.97

 
$
43.14

 
 
 
 
 
 
 
 
Total shares repurchased:
 
 
 
 
 
Total shares
290

 
4,036

 
 
Total cost
$
14,771

 
$
178,703

 
 
Average price per share(1)
$
50.95

 
$
44.27

 
 
 
 
 
 
 
(1)
Calculated using whole figures.