Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS EQUITY (Tables)

v3.22.2
STOCKHOLDERS EQUITY (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Components of the Company's stock-based compensation

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(in thousands)

    

2022

    

2021

    

2022

    

2021

Time lapse restricted stock:

 

  

 

  

  

 

  

Pre-tax compensation expense

$

4,819

$

3,920

$

10,957

$

7,841

Tax benefit

 

(1,272)

 

(1,039)

 

(2,596)

 

(1,925)

Restricted stock expense, net of tax

$

3,547

$

2,881

$

8,361

$

5,916

Summary information on unvested restricted stock outstanding

    

    

Weighted

Average

Number of

Grant-Date

(number of shares in thousands)

    

Shares

    

Fair Value

Unvested Restricted Stock at December 31, 2021

 

2,596

 

$

26.26

Forfeited

 

(49)

 

26.02

Vested

 

(666)

 

19.97

Granted

 

780

 

29.75

Unvested Restricted Stock at June 30, 2022

 

2,661

$

28.78