Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.8.0.1
STOCKHOLDERS' EQUITY (Tables)
 3 Months Ended
Mar. 31, 2018
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)
2018
 
2017
Time lapse restricted stock:
 

 
 

Pre-tax compensation expense
$
3,093

 
$
3,267

Tax benefit
(786
)
 
(1,264
)
Restricted stock expense, net of tax
$
2,307

 
$
2,003

Unvested restricted stock activity
The following table summarizes information on unvested restricted stock outstanding as of March 31, 2018:
 
Number of
Shares
 
Average Grant-
Date Fair
Value
Unvested Restricted Stock at December 31, 2017
2,017

 
$
24.50

Forfeited
(5
)
 
18.68

Vested
(586
)
 
19.69

Granted
384

 
47.88

Unvested Restricted Stock at March 31, 2018
1,810

 
$
31.00