Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

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STOCKHOLDERS' EQUITY (Tables)
 6 Months Ended
Jun. 30, 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   Six Months Ended
    June 30,   June 30,
(in thousands)   2014   2013   2014   2013
Time lapse restricted stock:                                
Pre-tax compensation expense   $ 2,602     $ 2,546     $ 5,367     $ 5,092  
Tax benefit     (1,001 )     (980 )     (2,066 )     (1,960 )
Restricted stock expense, net of tax   $ 1,601     $ 1,566     $ 3,301     $ 3,132  
Summarized information on unvested restricted stock units outstanding

The following table summarizes information on unvested restricted stock outstanding as of June 30, 2014:

 

    Number of
Shares		   Weighted-Average
Grant-Date
Fair Value
Unvested Restricted Stock Units at December 31, 2013     2,454     $ 18.75  
Forfeited     (79 )     21.60  
Vested     (674 )     15.42  
Granted     411       28.74  
Unvested Restricted Stock Units at June 30, 2014     2,112     $ 21.64