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Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Expenses Associated with Share-Based Compensation Plans

The following table presents compensation expense associated with the Company’s share-based compensation plans:

 

 

Three Months Ended
March 31,

 

(in thousands)

 

2017

 

  

2016

 

Expense:

 

 

 

 

 

 

 

RSUs

$

16,014

 

 

$

14,981

 

Stock options

 

67

 

 

 

67

 

Employee stock purchase plan

 

951

  

  

 

810

  

 

$

17,032

  

  

$

15,858

  

 

Summary of RSU Activity

The following table summarizes RSU activity for the three months ended March 31, 2017:

 

(in thousands, except weighted-average grant-date fair value)

 

Shares

 

 

Weighted-average
grant-date

fair value

 

RSUs unvested at December 31, 2016

 

1,510

 

 

$

33.38

 

Granted during 2017

 

828

 

 

$

39.27

 

Vested during 2017

 

(787

)

 

$

34.26

 

Forfeited during 2017

 

(7

)

 

$

33.16

 

RSUs unvested at March 31, 2017

 

1,544

 

 

$

36.09