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SHARE-BASED COMPENSATION | 6 Months Ended
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Jun. 30, 2019
SHARE-BASED COMPENSATION |
SHARE-BASED COMPENSATION | 11. SHARE-BASED COMPENSATION ​ During the three and six months ended June 30, 2019, the Company granted approximately 21,000 and 359,000 in total of time-based restricted stock units and performance-based shares to certain of its employees at a weighted-average grant date fair value of $38.36 and $33.59, respectively. ​ Total share-based compensation cost recognized in the Condensed Consolidated Statements of Income and Comprehensive Income as a component of selling, general and administrative expenses was $3.0 million and $2.8 million for the three months ended June 30, 2019 and 2018, and $6.2 million and $5.5 million for the six months ended June 30, 2019 and 2018, respectively. Total unrecognized compensation cost related to unvested share-based compensation arrangements was $18.8 million at June 30, 2019, and is expected to be recognized over a weighted- average period of approximately 2.0 years. Total unrecognized compensation cost may be adjusted for any unearned performance shares or forfeited shares. ​

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