Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.21.1
STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
components of the Company’s stock-based compensation

The following table summarizes the components of the Company’s stock-based compensation programs recorded as expense:

STOCKHOLDERS' EQUITY
    Three Months Ended  
    March 31,  
(in thousands)   2021     2020  
Time lapse restricted stock:                
Pre-tax compensation expense   $ 3,921     $ 3,819  
Tax benefit     (886 )     (837 )
Restricted stock expense, net of tax   $ 3,035     $ 2,982  
information on unvested restricted stock outstanding

The following table summarizes information on unvested restricted stock outstanding as of March 31, 2021:

STOCKHOLDERS' EQUITY (Details 2)
(number of shares in thousands)   Number of
Shares
    Average Grant-
Date Fair Value
 
Unvested Restricted Stock at December 31, 2020     2,870     $ 20.36  
Forfeited     (10 )     22.44  
Vested     (774 )     16.16  
Granted     778       37.04  
Unvested Restricted Stock at March 31, 2021     2,864     $ 26.02