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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock-based Compensation Expense
The following table details the components of stock-based compensation expense recognized in net earnings in each of the past three years:
໿

 
Year Ended December 31,
(in thousands)
 
2018
 
2017
 
2016
Restricted Stock
 
$
24,933

 
$
22,920

 
$
28,612

Stock Options
 
4,320

 
4,340

 
2,683

Total stock-based compensation expense
 
$
29,253

 
$
27,260

 
$
31,295

Schedule of Shares and Units of Restricted Common Stock
A summary of restricted stock and RSU activity during 2018 follows:
໿
(in thousands, except per share amounts)
 
Number of Shares/Units
 
Weighted Average Grant Date Fair Value
Outstanding at beginning of period — unvested
 
4,267

 
$
13.12

Granted
 
1,957

 
16.08

Cancelled
 
(252
)
 
11.98

Vested
 
(2,141
)
 
14.22

Outstanding at end of period — unvested
 
3,831

 
$
14.03

Schedule of Weighted-average Fair Value Assumptions
The weighted-average fair value and the assumptions used to measure fair value were as follows:
໿

 
Year Ended December 31,

 
2018
 
2017
 
2016
Stock option assumptions:
 
 
 
 
 
 
Weighted-average fair value
 
$

 
$

 
$
7.80

Expected volatility
 
%
 
%
 
60.0
%
Risk-free interest rate
 

 

 
0.76-1.46%

Expected dividend yield
 
%
 
%
 
%
Derived term in years
 

 

 
3-4

Schedule of Stock Option Activity
Stock option activity for the year ended December 31, 2018 was as follows:

 
Year Ended Year Ended December 31, 2018
(in thousands, except per share amounts)
 
Number of Shares
 
Weighted Average Exercise
 
Weighted Average Remaining Contractual Term (in years)
 
Aggregate Intrinsic Value (in thousands)
Stock option activity:
 
 
 
 
 
 
 
 
Outstanding at beginning of period
 
1,820

 
$
14.08

 

 

Granted
 

 

 

 

Exercised
 

 

 

 

Forfeited and expired
 
(40
)
 
13.25

 

 

Outstanding at end of period
 
1,780

 
$
14.10

 
7.5