Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS??? EQUITY (Tables)

v3.21.2
STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
components of the Company’s stock-based compensation

The following table summarizes the components of the Company’s stock-based compensation programs recorded as expense:

 

STOCKHOLDERS' EQUITY
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
(in thousands)   2021     2020     2021     2020  
Time lapse restricted stock:                                
Pre-tax compensation expense   $ 3,920     $ 3,821     $ 7,841     $ 7,640  
Tax benefit     (1,039 )     (1,100 )     (1,925 )     (1,937 )
Restricted stock expense, net of tax   $ 2,881     $ 2,721     $ 5,916     $ 5,703  
information on unvested restricted stock outstanding

The following table summarizes information on unvested restricted stock outstanding as of June 30, 2021:

 

STOCKHOLDERS' EQUITY (Details 2)
(number of shares in thousands)   Number of
Shares
    Average Grant-
Date Fair Value
 
Unvested Restricted Stock at December 31, 2020     2,870     $ 20.36  
Forfeited     (34 )     22.62  
Vested     (826 )     16.22  
Granted     778       37.04  
Unvested Restricted Stock at June 30, 2021     2,788     $ 26.14