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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Authorized Number of Shares
The 2012 Stock Plan authorized 2,400,000 shares for issuance as follows:
2012 Stock PlanAuthorized Shares
Stock Options1,680,000
Stock/Stock Unit Awards720,000

No additional options and awards are granted out of the 2012 Stock Plan. However, there are still unvested awards and unexercised options under this plan.
Schedule of Assumptions Used to Determine the Fair Value of Options Granted
The table below provides the weighted average grant-date fair values and key assumptions used for the Black-Scholes model to determine the fair value of options granted during 2025, 2024, and 2023:
 202520242023
Risk-free interest rate4.39 %4.38 %4.02 %
Dividend yield1.00 %1.03 %0.95 %
Volatility factor32.50 %33.01 %33.81 %
Expected term6.0 years6.0 years6.0 years
Weighted average grant-date fair value of options$38.08 $35.03 $34.51 
Schedule of Stock Option Plans Activity
A summary of the Company’s outstanding stock option activity and related information is as follows:
(Shares in thousands)SharesWeighted-Average Exercise PriceWeighted-Average Remaining Contractual TermAggregate
Intrinsic Value (000’s)
Stock Options
Outstanding at beginning of 2025
861 $66.15   
Granted63 106.00   
Exercised(93)57.48   
Forfeited(5)102.01   
Expired(15)96.71 
Outstanding at end of 2025
811 $69.44 4.60 years$21,974 
Expected to vest after applying forfeiture rate808 $69.32 4.59 years$21,972 
Vested and exercisable at end of period695 $64.18 3.93 years$21,927 

(In millions)202520242023
Intrinsic value of options exercised$3.6 $8.8 $11.6 
Cash received from the exercise of options5.3 7.2 9.2 
Fair value of shares vested4.2 2.5 3.1 
Tax benefit of options exercised0.6 1.8 2.9 
Schedule of Restricted Stock/Stock Unit Award Activity
A summary of the Company’s restricted stock/stock unit award activity and related information is as follows:
(Shares in thousands) 
Shares
Weighted-Average Grant-
Date Fair Value
Restricted Stock/Stock Unit Awards
Non-vested at beginning of 2025
314 $92.83 
Awarded120 101.28 
Vested(98)84.89 
Forfeited(23)96.50 
Non-vested at end of 2025
313 $98.28