Transition report pursuant to Rule 13a-10 or 15d-10

STOCK-BASED COMPENSATION (Tables)

v3.8.0.1
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Assumption Used and Resulting Weighted Average Fair Value of Stock Option Granted
The grant date fair value of each option award is calculated using a lattice option-pricing valuation model, which incorporates a range of assumptions for inputs as follows:
 
Three Months Ended March 2018
Expected volatility
24% to 29%
Weighted average expected volatility
25%
Expected term (in years)
6.1 to 7.6
Weighted average dividend yield
2.9%
Risk-free interest rate
1.9% to 2.9%
Weighted average fair value at date of grant
$15.34