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Share-Based Compensation (Tables)
9 Months Ended
Sep. 30, 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
September 30,

 

  

Nine Months Ended
September 30,

 

(in thousands)

 

2017

 

  

2016

 

  

2017

 

  

2016

 

Expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RSUs

$

5,866

  

  

$

5,401

  

  

$

28,634

  

  

$

25,766

  

Stock options

 

69

 

 

 

68

 

 

 

203

 

 

 

203

 

Employee stock purchase plan

 

682

 

  

 

659

  

  

 

2,359

  

  

 

2,127

  

 

$

6,617

  

  

$

6,128

  

  

$

31,196

  

  

$

28,096

  

 

Summary of RSU Activity

The following table summarizes RSU activity for the nine months ended September 30, 2017:

 

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

 

Shares

 

 

Weighted-average
grant-date

fair value

 

Unvested at December 31, 2016

 

1,510

 

 

$

33.38

 

Granted during 2017

 

893

 

 

$

39.26

 

Vested during 2017

 

(957

)

 

$

34.53

 

Forfeited during 2017

 

(9

)

 

$

35.22

 

Unvested at September 30, 2017

 

1,437

 

 

$

36.25