Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.19.3
STOCKHOLDERS' EQUITY (Tables)
 9 Months Ended
Sep. 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     Nine months ended  
    September 30,     September 30,  
(in thousands)   2019     2018     2019     2018  
Time lapse restricted stock:                                
Pre-tax compensation expense   $ 3,305     $ 3,660     $ 10,891     $ 10,030  
Tax benefit     (982 )     (947 )     (2,728 )     (2,766 )
Restricted stock expense, net of tax   $ 2,323     $ 2,713     $ 8,163     $ (8,125 )
unvested restricted stock

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

 

    Number of
Shares		       Average Grant-
Date Fair Value		  
Unvested Restricted Stock at December 31, 2018     2,724     $ 21.08  
Forfeited     (87 )     25.01  
Vested     (791 )     15.84  
Granted     484       38.40  
Unvested Restricted Stock at September 30, 2019     2,330     $ 26.32