Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS??? EQUITY (Tables)

v3.23.2
STOCKHOLDERS’ EQUITY (Tables)
 6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Schedule of Components of Stock-based Compensation
The following table summarizes the components of the Company’s stock-based compensation programs recorded as expense:
Three Months Ended
June 30,		 Six Months Ended
June 30,
(in thousands) 2023 2022 2023 2022
Restricted shares and PSUs:
Pre-tax compensation expense $ 6,192  $ 4,819  $ 11,948  $ 10,957 
Tax benefit (1,687) (1,272) (3,083) (2,596)
Compensation expense, net of tax $ 4,505  $ 3,547  $ 8,865  $ 8,361 
Schedule of Information on Unvested Restricted Stock Outstanding
The following table summarizes information on unvested awards outstanding as of June 30, 2023:
(number of shares in thousands) Number of
Shares		 Weighted
Average
Grant-Date
Fair Value
Unvested restricted shares and PSUs at December 31, 2022 2,685 $ 28.97 
Forfeited (59) 29.54 
Vested (820) 26.88 
Granted 671 36.48 
Unvested restricted shares and PSUs at June 30, 2023 2,477 $ 31.68