Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Share-Based Compensation Expense

The table below reflects the total share-based compensation expense recognized in our Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2013, 2012 and 2011:


	2013				2012				2011
Income Statement Classification	Options ⁽¹⁾		Restricted Shares ⁽²⁾⁽³⁾		Options ⁽¹⁾		Restricted Shares ⁽²⁾⁽³⁾		Options ⁽¹⁾		Restricted Shares ⁽²⁾
Direct cost of revenues	$	6,807	$	9,181	$	6,012	$	10,000	$	10,436	$	14,382
Selling, general and administrative expense		1,849		10,053		1,836		10,347		2,649		9,052
Special charges ⁽⁴⁾		1,482		5,938		584		230		534		299

Share-based compensation expense before income taxes		10,138		25,172		8,432		20,577		13,619		23,733
Income tax benefit		4,101		9,094		3,104		6,870		5,014		8,749

Share-based compensation, net of income taxes	$	6,037	$	16,078	$	5,328	$	13,707	$	8,605	$	14,984

⁽¹⁾	Includes options and cash-settled stock appreciation rights.

⁽²⁾	Includes restricted share awards and deferred restricted share units and performance and market condition restricted share units.

⁽³⁾	Includes cash-settled restricted stock units.

⁽⁴⁾	Relates to accelerated recognition of compensation cost of share-based awards (See Note 4 to the Consolidated Financial Statements for information related to the special charges).

Schedule Of Stock Option And Grants Using Valuation Assumptions

We use the Black-Scholes option-pricing model to value our option grants using the assumptions in the following table:


	Year Ended December 31,
	2013	2012	2011
Assumptions
Risk-free interest rate	0.77% – 1.71%	0.54% – 1.11%	0.88% – 2.58%
Dividend yield	0%	0%	0%
Expected term	5 – 6 years	4 – 6 years	5 – 6 years
Stock price volatility	37.30% – 38.27%	37.94% – 40.04%	39.23% – 40.82%

Schedule Of Stock Option Activity

The aggregate intrinsic value in the table below represents the total pre-tax intrinsic value (the difference between the closing price of our common stock on the last trading day of 2013 and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their options on December 31, 2013. The aggregate intrinsic value changes based on fluctuations in the fair market value per share of our common stock.


	Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term		Aggregate Intrinsic Value
Options outstanding, December 31, 2012		5,206		$	35.58
Options granted during the period:
Exercise Price = fair market value		543		$	35.32
Options exercised		(1,278	)	$	27.95
Options forfeited		(114	)	$	39.39

Options outstanding, December 31, 2013		4,357		$	37.68		5.7	$	27,820

Options exercisable, December 31, 2013		2,286		$	37.91		4.1	$	17,378

Schedule Of Weighted-Average Grant Date Fair Value Per Share Of Stock Options, Restricted Shares And Stock Units Awarded

The table below reflects the weighted-average grant date fair value per share of stock options and restricted shares and stock units awarded during the years ended December 31, 2013, 2012 and 2011:


	Year Ended December 31,
	2013		2012		2011
Weighted average fair value of grants
Stock options:
Grant price = fair market value	$	13.15	$	12.99	$	13.68
Restricted shares	$	36.31	$	36.55	$	37.45

Schedule Of Stock Options Outstanding And Exercisable Price Range Status

Following is a summary of the status of stock options outstanding and exercisable at December 31, 2013:


	Options Outstanding						Options Exercisable
Exercise Price Range	Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term		Shares		Weighted- Average Exercise Price
$ 16.80 – $ 27.89		905	$	25.26		2.6 years		868	$	25.20
$ 27.96 – $ 34.62		968	$	31.99		7.1 years		185	$	30.28
$ 35.18 – $ 38.58		1,137	$	37.31		6.9 years		406	$	37.51
$ 38.88 – $ 54.30		885	$	44.24		6.3 years		462	$	46.10
$ 55.63 – $ 70.55		462	$	62.27		4.5 years		365	$	62.05

		4,357						2,286

Schedule Of Unvested Restricted Stock-Based Activity

The fair value of unvested restricted stock-based awards is determined based on the closing market price per share of our common stock on the grant date.


	Shares			Weighted- Average Grant- Date Fair Value
Unvested restricted stock-based awards outstanding, December 31, 2012		1,312		$	37.43
Restricted stock-based awards granted		451		$	37.21
Restricted stock-based awards vested		(497	)	$	36.97
Restricted stock-based awards forfeited		(22	)	$	60.65

Unvested restricted stock-based awards outstanding, December 31, 2013		1,244		$	37.14

Schedule Of Restricted Stock Unit Activity

The fair value of Restricted Stock Units is determined based on the closing market price per share of our common stock on the grant date.


	Shares			Weighted- Average Grant- Date Fair Value		Intrinsic Value
Restricted Stock Units outstanding, December 31, 2012		875		$	38.18
Restricted Stock Units granted		241		$	34.61
Restricted Stock Units released		(136	)	$	37.40
Restricted Stock Units forfeited		—		$	—

Restricted Stock Units outstanding, December 31, 2013		980		$	37.54	$	40,315