Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS EQUITY (Tables)

v3.23.1
STOCKHOLDERS EQUITY (Tables)
 3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Schedule of 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
March 31,
(in thousands) 2023 2022
Restricted shares and PSUs:
Pre-tax compensation expense $ 5,755  $ 6,138 
Tax benefit (1,396) (1,324)
Compensation expense, net of tax $ 4,359  $ 4,814 
Schedule of Information on Unvested Restricted Stock Outstanding
The following table summarizes information on unvested awards outstanding as of March 31, 2023:
(number of shares in thousands) Number of
Shares		 Weighted
Average
Grant-Date
Fair Value
Unvested restricted shares and PSUs at December 31, 2022 2,685 $ 28.97 
Forfeited (37) 29.61 
Vested (790) 26.45 
Granted 546 36.18 
Unvested restricted shares and PSUs at March 31, 2023 2,404 $ 31.43