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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of components of stock compensation expense
The components of stock compensation expense were as follows:
Year Ended December 31,
 20202019
 (in thousands)
2007 Stock Incentive Plan$3,142 $4,584 
2018 Stock Incentive Plan7,960 3,117 
Employee Stock Purchase Plan276 86 
Total Stock Compensation Expense$11,378 $7,787 
Summary of restricted stock activity
The following table summarizes restricted stock activity under the 2007 and 2018 Plans for the years ended December 31, 2020 and 2019:
 Number OutstandingWeighted Average
Grant Date Fair Value
Aggregate Grant
Date Fair Value
(in thousands)
Balance as of December 31, 2018417,890 $30.54 $12,763 
Shares granted279,400 42.28 11,813 
Shares forfeited(3,866)30.43 (118)
Shares vested(187,957)28.74 (5,402)
Balance as of December 31, 2019505,467 37.70 19,056 
Shares granted319,350 19.00 6,068 
Shares forfeited— — — 
Shares vested(243,102)28.35 (6,892)
Balance as of December 31, 2020581,715 $31.34 $18,232