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STOCKHOLDERS' EQUITY (Tables) | 6 Months Ended
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Jun. 30, 2015
STOCKHOLDERS' EQUITY [Abstract] |
Effect of compensation cost on earnings | The Company’s results for the three and six months ended June 30, 2015 and 2014 reflected the following stock-based compensation cost, and such compensation cost had the following effects on net earnings:
| Increase/(Decrease) for the Three Months Ended June 30, |
| 2015 |  | 2014 |
Cost of sales |  | $ | 214 |  |  | $ | 163 |
Operating expenses |  |  | 1,298 |  |  |  | 1,196 |
Net earnings |  |  | (982 | ) |  |  | (847 | )
| Increase/(Decrease) for the Six Months Ended June 30, |
| 2015 |  | 2014 |
Cost of sales |  | $ | 426 |  |  | $ | 311 |
Operating expenses |  |  | 2,260 |  |  |  | 2,036 |
Net earnings |  |  | (1,743 | ) |  |  | (1,499 | )
Summary of stock option activity | Option activity for the six months ended June 30, 2015 and 2014 is summarized below:
For the six months ended June 30, 2015 |  | Shares (000s) |  |  | Weighted Average Exercise Price |  |  | Aggregate Intrinsic Value |  |  | Weighted Average Remaining Contractual Term |
Outstanding as of December 31, 2014 |  |  | 1,470 |  |  | $ | 27.35 |  |  | $ | 57,742 |  |  |  |
Granted |  |  | 207 |  |  |  | 58.34 |  |  |  |  |  |  |  |
Exercised |  |  | (519 | ) |  |  | 19.12 |  |  |  |  |  |  |  |
Forfeited |  |  | (12 | ) |  |  | 50.46 |  |  |  |  |  |  |  |
Outstanding as of June 30, 2015 |  |  | 1,146 |  |  | $ | 36.45 |  |  | $ | 22,660 |  |  |  | 6.6 |
Exercisable as of June 30, 2015 |  |  | 718 |  |  | $ | 26.77 |  |  | $ | 20,785 |  |  |  | 5.2 |
For the six months ended June 30, 2014 |  | Shares (000s) |  |  | Weighted Average Exercise Price |  |  | Aggregate Intrinsic Value |  |  | Weighted Average Remaining Contractual Term |
Outstanding as of December 31, 2013 |  |  | 1,893 |  |  | $ | 20.94 |  |  | $ | 71,465 |  |  |  |
Granted |  |  | 268 |  |  |  | 53.80 |  |  |  |  |  |  |  |
Exercised |  |  | (249 | ) |  |  | 11.56 |  |  |  |  |  |  |  |
Forfeited |  |  | (126 | ) |  |  | 56.03 |  |  |  |  |  |  |  |
Outstanding as of June 30, 2014 |  |  | 1,786 |  |  | $ | 24.71 |  |  | $ | 51,517 |  |  |  | 5.3 |
Exercisable as of June 30, 2014 |  |  | 1,425 |  |  | $ | 20.40 |  |  | $ | 47,250 |  |  |  | 4.4 |
Other information pertaining to stock option activity | Other information pertaining to option activity during the three and six months ended June 30, 2015 and 2014 was as follows:
| Three Months Ended June 30, |  |  | Six Months Ended June 30, |
| 2015 |  | 2014 |  |  | 2015 |  |  | 2014 |
Weighted-average fair value of options granted |  | $ | 17.07 |  |  | $ | 19.68 |  |  | $ | 18.35 |  |  | $ | 17.53 |
Total intrinsic value of stock options exercised ($000s) |  | $ | 12,244 |  |  | $ | 5,526 |  |  | $ | 20,284 |  |  | $ | 10,944 |
Non-vested restricted stock activity | Non-vested restricted stock activity for the six months ended June 30, 2015 and 2014 is summarized below:
Six months ended June 30, 2015 |  | Shares (000s) |  |  | Weighted Average Grant Date Fair Value |
Non-vested balance as of December 31, 2014 |  |  | 134 |  |  | $ | 38.13 |
Granted |  |  | 76 |  |  |  | 55.77 |
Vested |  |  | (11 | ) |  |  | 16.69 |
Forfeited |  |  | - |  |  |  | - |
Non-vested balance as of June 30, 2015 |  |  | 199 |  |  | $ | 46.11 |
Six months ended June 30, 2014 |  | Shares (000s) |  |  | Weighted Average Grant Date Fair Value |
Non-vested balance as of December 31, 2013 |  |  | 172 |  |  | $ | 33.69 |
Granted |  |  | 25 |  |  |  | 51.03 |
Vested |  |  | (24 | ) |  |  | 37.61 |
Forfeited |  |  | (6 | ) |  |  | 45.32 |
Non-vested balance as of June 30, 2014 |  |  | 167 |  |  | $ | 35.27 |
Non-vested performance share activity | Non-vested performance share activity for the six months ended June 30, 2015 and 2014 is summarized below:
Six months ended June 30, 2015 |  | Shares (000s) |  |  | Weighted Average Grant Date Fair Value |
Non-vested balance as of December 31, 2014 |  |  | - |  |  | $ | - |
Granted |  |  | 29 |  |  |  | 58.77 |
Vested |  |  | - |  |  |  | - |
Forfeited |  |  | 9 |  |  |  | 58.77 |
Non-vested balance as of June 30, 2015 |  |  | 20 |  |  | $ | 58.77 |
Six months ended June 30, 2014 |  | Shares (000s) |  |  | Weighted Average Grant Date Fair Value |
Non-vested balance as of December 31, 2013 |  |  | - |  |  | $ | - |
Granted |  |  | - |  |  |  | - |
Vested |  |  | - |  |  |  | - |
Forfeited |  |  | - |  |  |  | - |
Non-vested balance as of June 30, 2014 |  |  | - |  |  | $ | - |

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- Definition Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 + Details
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- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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