Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.19.2
STOCKHOLDERS' EQUITY (Tables)
 6 Months Ended
Jun. 30, 2019
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:

 

    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
(in thousands)   2019     2018     2019     2018  
Time lapse restricted stock:                                
Pre-tax compensation expense   $ 3,697     $ 3,277     $ 7,586     $ 6,370  
Tax benefit     (963 )     (717 )     (1,784 )     (1,503 )
Restricted stock expense, net of tax   $ 2,734     $ 2,560     $ 5,802     $ 4,867  
unvested restricted stock

The following table summarizes information on unvested restricted stock outstanding as of June 30, 2019:

 

    Number of
Shares		     Average Grant-
Date Fair Value		  
Unvested Restricted Stock at December 31, 2018     2,724     $ 21.08  
Forfeited     (48 )     22.45  
Vested     (782 )     15.63  
Granted     485       38.40  
Unvested Restricted Stock at March 31, 2019     2,379     $ 25.93