SHAREHOLDERS’ EQUITY (Tables)

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Schedule of Share Repurchase Activity

Total share repurchase activity during the years ended December 31, 2019 and 2018 were as follows:

	Year Ended December 31,
(in thousands, except share and per share data)	2019		2018
Number of common shares repurchased	9,079,690		338,648
Total cost	$	223,075	$	7,958
Average cost per share, including commissions	$	24.57	$	23.50

Schedule of Stock by Class

The following table summarizes the Company’s redeemable common stock activities for the years ended December 31, 2018 and 2017:

(in thousands, except share data)	Shares Subject to Redemption		Total Temporary Equity
Balance as of December 31, 2016	260,144		$	4,995
Release of restricted units for common stock subject to possible redemption	16,968		326
Stock options exercised for common stock subject to possible redemption	54,976		1,388
Deemed dividends related to change in fair value of common stock subject to possible redemption	—		2,344
Balance as of December 31, 2017	332,088		9,053
Release of restricted units for common stock subject to possible redemption	25,136		685
Deemed dividends related to change in fair value of common stock subject to possible redemption	—		(640		)
Common stock no longer subject to possible redemption due to extinguishment of Puts	(357,224	)	(9,098		)
Balance as of December 31, 2018	—		$	—