Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

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STOCKHOLDERS' EQUITY (Tables)
 3 Months Ended
Mar. 31, 2014
Stockholders' Equity Note [Abstract]  
Components of the stock-based compensation programs recorded as expense

The following table summarizes the components of the Company’s stock-based compensation programs recorded as expense:

 

    Three Months Ended
    March 31,
(in thousands)   2014   2013
Time lapse restricted stock:                
Pre-tax compensation expense   $ 2,765     $ 2,546  
Tax benefit     (1,065 )     (980 )
Restricted stock expense, net of tax   $ 1,700     $ 1,566  
Summarized information on unvested restricted stock units outstanding

The following table summarizes information on unvested restricted stock outstanding as of March 31, 2014:

 

    Number of Shares   Weighted-Average Grant-Date Fair Value
Unvested Restricted Stock Units at December 31, 2013     2,454     $ 18.75  
Forfeited     (22 )     20.72  
Vested     (616 )     15.79  
Granted     411       28.74  
Unvested Restricted Stock Units at March 31, 2014     2,227     $ 21.40