Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

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STOCKHOLDERS' EQUITY (Tables)
 3 Months Ended
Mar. 31, 2017
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)   2017     2016  
Time lapse restricted stock:                
Pre-tax compensation expense   $ 3,267     $ 3,325  
Tax benefit     (1,264 )     (1,287 )
Restricted stock expense, net of tax   $ 2,003     $ 2,038  
Summarized information on unvested restricted stock units outstanding

The following table summarizes information on unvested restricted stock outstanding as of March 31, 2017:

 

    Number of
Shares 		    Weighted-Average
Grant-Date Fair
Value 		 
Unvested Restricted Stock Units at December 31, 2016     2,261     $ 20.21  
Forfeited     (13 )     22.03  
Vested     (626 )     16.87  
Granted     448       33.80  
Unvested Restricted Stock Units at March 31, 2017     2,070     $ 24.15