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SHARE-BASED COMPENSATION | 9 Months Ended
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Sep. 30, 2019
SHARE-BASED COMPENSATION |
SHARE-BASED COMPENSATION | 11. SHARE-BASED COMPENSATION ​ During the three and nine months ended September 30, 2019, the Company granted approximately 300 and 359,300 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 $36.45 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 $2.5 million and $2.7 million for the three months ended September 30, 2019 and 2018, and $8.7 million and $8.2 million for the nine months ended September 30, 2019 and 2018, respectively. Total unrecognized compensation cost related to unvested share-based compensation arrangements was $15.1 million at September 30, 2019, and is expected to be recognized over a weighted-average period of approximately 1.8 years. Total unrecognized compensation cost may be adjusted for any unearned performance shares or forfeited shares. ​ ​

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