Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS??? EQUITY (Tables)

v3.23.3
STOCKHOLDERS’ EQUITY (Tables)
 9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Schedule of 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) 2023 2022 2023 2022
Restricted shares and PSUs:
Pre-tax compensation expense $ 6,096  $ 4,957  $ 18,044  $ 15,914 
Tax benefit (1,572) (1,298) (4,655) (3,894)
Compensation expense, net of tax $ 4,524  $ 3,659  $ 13,389  $ 12,020 
Schedule of Information on Unvested Restricted Stock Outstanding
The following table summarizes information on unvested awards outstanding as of September 30, 2023:
(number of shares in thousands) Number of
Shares		 Weighted
Average
Grant-Date
Fair Value
Unvested restricted shares and PSUs at December 31, 2022 2,685 $ 28.97 
Forfeited (86) 29.77 
Vested (823) 26.90 
Granted 673 36.40 
Unvested restricted shares and PSUs at September 30, 2023 2,449 $ 31.68