Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.10.0.1
STOCKHOLDERS' EQUITY (Tables)
 6 Months Ended
Jun. 30, 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
June 30,
 
Six Months Ended
June 30,
(in thousands)
2018
 
2017
 
2018
 
2017
Time lapse restricted stock:
 

 
 

 
 

 
 

Pre-tax compensation expense
$
3,277

 
$
3,107

 
$
6,370

 
6,375

Tax benefit
(717
)
 
(1,202
)
 
(1,503
)
 
(2,467
)
Restricted stock expense, net of tax
$
2,560

 
$
1,905

 
$
4,867

 
$
3,908

Unvested restricted stock activity
The following table summarizes information on unvested restricted stock outstanding as of June 30, 2018:
 
Number of
Shares
 
Average Grant-
Date Fair
Value
Unvested Restricted Stock at December 31, 2017
2,017

 
$
24.50

Forfeited
(17
)
 
25.42

Vested
(593
)
 
19.86

Granted
428

 
48.36

Unvested Restricted Stock at June 30, 2018
1,835

 
$
31.55