Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

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STOCKHOLDERS' EQUITY (Tables)
 9 Months Ended
Sep. 30, 2015
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   Nine Months Ended
    September 30,   September 30,
(in thousands)   2015   2014   2015   2014
Time lapse restricted stock:                                
Pre-tax compensation expense   $ 3,255     $ 2,587     $ 9,374     $ 7,954  
Tax benefit     (1,260 )     (996 )     (3,628 )     (3,062 )
Restricted stock expense, net of tax   $ 1,995     $ 1,591     $ 5,746     $ 4,892  
Summarized information on unvested restricted stock units outstanding

The following table summarizes information on unvested restricted stock outstanding as of September 30, 2015:      

 

    Number of Shares   Weighted-Average Grant-Date Fair Value
Unvested Restricted Stock Units at December 31, 2014     3,100     $ 14.44  
Forfeited     (48 )     14.85  
Vested     (946 )     12.04  
Granted     682       22.43  
Unvested Restricted Stock Units at September 30, 2015     2,788     $ 17.20