Stock-Based Compensation Plans
6 Months Ended
Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation Plans
Stock-Based Compensation Plans

The Company recorded $2.2 million and $4.7 million in total stock-based compensation expense with corresponding income tax benefits of $0.5 million and $1.2 million for the three and six months ended June 30, 2018, respectively. For the three and six months ended June 30, 2017, the Company recorded $2.4 million and $5.1 million in total stock-based compensation expense with corresponding income tax benefits of $0.9 million and $1.9 million, respectively.

During each of the six months ended June 30, 2018 and 2017, the Company did not grant any stock options.

The Company granted 244,448 and 280,853 shares of restricted stock to various employees during the six months ended June 30, 2018 and 2017, respectively.

In 2014, the Company initiated a performance and market-based stock incentive plan for certain executives that provides vesting based on specific financial and market-based performance measurements. The Company granted 97,966 and 99,933 shares of performance and market-based stock during the six months ended June 30, 2018 and 2017, respectively.