Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

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STOCKHOLDERS' EQUITY (Tables)
 9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
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
September 30,		     Nine Months Ended
September 30,		  
(in thousands)   2018     2017     2018     2017  
Time lapse restricted stock:                                
Pre-tax compensation expense   $ 3,660     $ 3,049     $ 10,030     $ 9,406  
Tax benefit     (947 )     (1,180 )     (2,455 )     (3,640 )
Restricted stock expense, net of tax   $ 2,713     $ 1,869     $ 7,575     $ 5,766  
Unvested restricted stock activity

The following table summarizes information on unvested restricted stock outstanding as of September 30, 2018:

 

    Number of
Shares		     Average Grant-
Date Fair Value		  
Unvested Restricted Stock at December 31, 2017     2,017     $ 24.49  
Forfeited     (19 )     26.83  
Vested     (603 )     19.40  
Granted     428       48.36  
Unvested Restricted Stock at September 30, 2018     1,823     $ 31.63