Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

v3.3.0.814
Stockholders' Equity
 9 Months Ended
Sep. 30, 2015
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY
STOCKHOLDERS’ EQUITY
 
A summary of changes in shareholders’ equity is presented below (in thousands): 

 
 
Nine Months Ended September 30, 2015
 
 
(In thousands)
 
 
Number of
Shares
 
Common
Stock
 
Additional
Paid-In
Capital
 
Retained
Earnings
 
Total
Balance at December 31, 2014
 
39,147

 
$
391

 
$
538,788

 
$
570,310

 
$
1,109,489

Net earnings
 
—

 
—

 
—

 
75,841

 
75,841

Exercise/vesting of equity awards
 
519

 
6

 
2,875

 
—

 
2,881

Excess income tax benefit from stock-based awards
 
—

 
—

 
2,040

 
—

 
2,040

Equity award compensation expense
 
—

 
—

 
12,418

 
—

 
12,418

Balance at September 30, 2015
 
39,666

 
$
397

 
$
556,121

 
$
646,151

 
$
1,202,669



 
 
Nine Months Ended September 30, 2014
 
 
(In thousands)
 
 
Number of
Shares
 
Common
Stock
 
Additional
Paid-In
Capital
 
Retained
Earnings
 
Total
Balance at December 31, 2013
 
36,244

 
$
362

 
$
412,961

 
$
428,069

 
$
841,392

Net earnings
 
—

 
—

 
—

 
93,033

 
93,033

Exercise/vesting of equity awards
 
351

 
4

 
730

 
—

 
734

Excess income tax benefit from stock-based awards
 
—

 
—

 
2,197

 
—

 
2,197

Equity award compensation expense
 
—

 
—

 
9,035

 
—

 
9,035

Issuance of stock (1)
 
2,530

 
25

 
110,395

 
—

 
110,420

Other
 
—

 
—

 
(114
)
 
—

 
(114
)
Balance at September 30, 2014
 
39,125

 
$
391

 
$
535,204

 
$
521,102

 
$
1,056,697


(1)
In January 2014, we issued 2,530,000 shares of common stock in a secondary public offering, par value $0.01 per share, at a price of $45.75 per share.