Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.19.1
STOCKHOLDERS' EQUITY (Tables)
 3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
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  
    March 31,  
(in thousands)   2019     2018  
Time lapse restricted stock:                
Pre-tax compensation expense   $ 3,889     $ 3,093  
Tax benefit     (821 )     (786 )
Restricted stock expense, net of tax   $ 3,068     $ 2,307  
Unvested restricted stock activity

The following table summarizes information on unvested restricted stock outstanding as of March 31, 2019:

 

    Number of
Shares		     Average Grant-
Date Fair Value		  
Unvested Restricted Stock at December 31, 2018     2,724     $ 21.08  
Forfeited     (21 )     22.45  
Vested     (689 )     15.63  
Granted     485       38.40  
Unvested Restricted Stock at March 31, 2019     2,499     $ 25.93