Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED AND DEFERRED COMPENSATION (Tables)

v3.20.2
STOCK BASED AND DEFERRED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Summary of Compensation Expense and Stock Award Activity Below is a summary of compensation expense and stock award activity (dollars in thousands):
  Three Months Ended September 30, Nine Months Ended September 30,
  2020 2019 2020 2019
Stock-based compensation expense $ 6,130  $ 5,657  $ 15,724  $ 15,719 
Non-vested shares granted 2,112  3,314  225,593  385,328 
Performance-based non-vested shares granted —  —  56,139  94,152 
Performance-based shares issued in excess of target shares granted (1)
—  —  24,054  — 
Restricted stock awards vested (includes performance-based awards) 8,610  32,369  413,016  435,292 
(1)Performance-based shares that vested and were issued as a result of performance achievement exceeding the originally established targeted number of shares related to respective performance metrics.
Summary of Additional Information Regarding Stock Plan
The following table includes additional information regarding our Stock Plans (dollars in thousands):
  As of
  September 30, 2020 December 31, 2019
Unrecognized stock-based compensation cost $ 26,568  $ 22,341 
Weighted average years expense recognition period 2.27 1.70
Total equity awards outstanding (1)
1,101,671  1,240,529 
(1)Includes unvested restricted stock, performance-based awards (assuming 100% payout) and restricted stock units.