Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.4.0.3
STOCKHOLDERS' EQUITY (Tables)
 3 Months Ended
Mar. 31, 2016
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)   2016   2015
Time lapse restricted stock:                
Pre-tax compensation expense   $ 3,325     $ 2,865  
Tax benefit     (1,287 )     (1,109 )
Restricted stock expense, net of tax   $ 2,038     $ 1,756  
Summarized information on unvested restricted stock units outstanding

The following table summarizes information on unvested restricted stock outstanding as of March 31, 2016:      

 

    Number of Shares   Weighted-Average Grant-Date Fair Value
Unvested Restricted Stock Units at December 31, 2015     2,751     $ 17.21  
Forfeited     (20 )     17.76  
Vested     (796 )     14.12  
Granted     502       26.45  
Unvested Restricted Stock Units at March 31, 2016     2,437     $ 20.12