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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [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 ($ in thousands):

 

Years ended December 31,  2018  2017  2016
Time lapse restricted stock:               
Pre-tax compensation expense  $13,726   $12,399   $12,415 
Tax benefit   (3,486)   (4,799)   (4,805)
Restricted stock expense, net of tax  $10,240   $7,600   $7,610 
Summarized information on unvested restricted stock units outstanding

The following table summarizes information on unvested restricted stock units outstanding as of December 31, 2018, 2017 and 2016:

   Number of Shares
(in thousands)
  Weighted-Average
Grant-Date Fair
Value
Unvested Restricted Stock Grants          
Unvested as of December 31, 2015   4,126   $11.47 
Forfeited   (171)   13.03 
Vested   (1,318)   9.66 
Granted   755    17.63 
Unvested as of December 31, 2016   3,392    13.47 
Forfeited   (51)   14.92 
Vested   (1,018)   11.47 
Granted   703    22.97 
Unvested as of December 31, 2017   3,026    16.33 
Forfeited   (35)   19.05 
Vested   (910)   13.24 
Granted   643    32.25 
Unvested as of December 31, 2018   2,724   $21.08