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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2014
Stock-Based Compensation Expense
The Company has granted restricted stock to employees and directors pursuant to the Continental Resources, Inc. 2005 Long-Term Incentive Plan (“2005 Plan”) and 2013 Long-Term Incentive Plan ("2013 Plan") as discussed below. The Company’s associated compensation expense, which is included in the caption “General and administrative expenses” in the unaudited condensed consolidated statements of income, is reflected in the table below for the periods presented.
 
 
 
Three months ended September 30,
 
Nine months ended September 30,
In thousands
 
2014
 
2013
 
2014
 
2013
Non-cash equity compensation
 
$
13,402

 
$
10,462

 
$
39,419

 
$
29,460


Restricted stock [Member]
 
Summary of Changes in Non-vested Shares of Restricted Stock Outstanding
A summary of changes in non-vested restricted shares outstanding for the nine months ended September 30, 2014 is presented below. Share amounts and related grant-date fair values have been retroactively adjusted to reflect the Company's 2-for-1 stock split occurring in September 2014.
 
 
Number of
non-vested
shares
 
Weighted
average
grant-date
fair value
Non-vested restricted shares outstanding at December 31, 2013
 
2,714,312

 
$
37.50

Granted
 
1,251,264

 
61.69

Vested
 
(365,498
)
 
36.53

Forfeited
 
(404,900
)
 
44.04

Non-vested restricted shares outstanding at September 30, 2014
 
3,195,178

 
$
46.25