Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

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STOCKHOLDERS' EQUITY (Tables)
 3 Months Ended
Mar. 31, 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
    March 31,
(in thousands)   2015   2014
Time lapse restricted stock:                
Pre-tax compensation expense   $ 2,865     $ 2,765  
Tax benefit     (1,109 )     (1,065 )
Restricted stock expense, net of tax   $ 1,756     $ 1,700  
Summarized information on unvested restricted stock units outstanding

The following table summarizes information on unvested restricted stock outstanding as of March 31, 2015:

 

    Number of Shares   Weighted-Average Grant-Date Fair Value
Unvested Restricted Stock Units at December 31, 2014     3,100     $ 14.44  
Forfeited     (35 )     14.84  
Vested     (856 )     11.77  
Granted     682       22.43  
Unvested Restricted Stock Units at March 31, 2015     2,891     $ 17.11