Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.5.0.2
STOCKHOLDERS' EQUITY (Tables)
 9 Months Ended
Sep. 30, 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     Nine Months Ended  
    September 30,     September 30,  
(in thousands)   2016     2015     2016     2015  
Time lapse restricted stock:                                
Pre-tax compensation expense   $ 3,049     $ 3,255     $ 9,429     $ 9,374  
Tax benefit     (1,180 )     (1,260 )     (3,649 )     (3,628 )
Restricted stock expense, net of tax   $ 1,869     $ 1,995     $ 5,780     $ 5,746  
Summarized information on unvested restricted stock units outstanding

The following table summarizes information on unvested restricted stock outstanding as of September 30, 2016:

 

    Number of
Shares		     Weighted-
Average Grant-
Date Fair Value		  
Unvested Restricted Stock Units at December 31, 2015     2,751     $ 17.21  
Forfeited     (76 )     19.56  
Vested     (876 )     14.48  
Granted     503       26.45  
Unvested Restricted Stock Units at September 30, 2016     2,301     $ 20.19