| Schedule of the Dividends and Dividend Equivalents Paid |
| | | | | | | | | | | | | | | | | Amount per | | Total Amount | | | | | | | Share of | | Declared | Declaration Date | | Record Date | | Date Paid | | Common Stock | | (In millions) | February 15, 2019 | | March 11, 2019 | | March 25, 2019 | | $ | 0.20 | | $ | 21.3 | May 3, 2019 | | June 10, 2019 | | June 24, 2019 | | | 0.20 | | | 21.3 | August 2, 2019 | | September 9, 2019 | | September 23, 2019 | | | 0.20 | | | 21.3 | October 24, 2019 | | December 2, 2019 | | December 16, 2019 | | | 0.20 | | | 21.0 |
During the year ended December 31, 2019, the Company paid dividends and dividend equivalents of $84.1 million and accrued $2.3 million for the remaining unpaid dividends at December 31, 2019. The aggregate dividends paid for Class A common stock, Class B common stock, and dividend equivalents were approximately $41.7 million, $41.4 million, and $1.0 million, respectively. On February 26, 2020, the Company declared a cash dividend in the amount of $0.03 per share on Class A and Class B common stock, payable on March 23, 2020 to stockholders of record on March 9, 2020. The dividend decrease of $0.17 per share compared to the Company’s previous historical declarations of $0.20 per share reduces the total dividend payout for the quarter by approximately $18.0 million. The following is a summary of dividends and dividend equivalents declared to stockholders during the year ended December 31, 2018: | | | | | | | | | | | | | | | | | Amount per | | Total Amount | | | | | | | Share of | | Declared | Declaration Date | | Record Date | | Date Paid | | Common Stock | | (In millions) | February 28, 2018 | | March 12, 2018 | | March 26, 2018 | | $ | 0.20 | | $ | 26.0 | May 3, 2018 | | June 11, 2018 | | June 25, 2018 | | | 0.20 | | | 26.0 | July 24, 2018 | | September 10, 2018 | | September 24, 2018 | | | 0.20 | | | 25.8 | September 14, 2018 | | September 25, 2018 | | September 28, 2018 | | | 1.55 | | | 162.9 | November 1, 2018 | | December 10, 2018 | | December 26, 2018 | | | 0.20 | | | 21.2 |
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| Schedule of Nonvested RSU and PSU Activity |
The following table represents the nonvested RSU and PSU activity for the years ended December 31, 2019, December 31, 2018 and December 31, 2017: | | | | | | | | | | Weighted | | | | | Average | | | Shares of RSU | | Grant Date | | | and PSU | | Fair Value | Beginning balance at January 1, 2017 | | 556,510 | | $ | 24.88 | Granted | | 701,788 | | | 31.23 | Vested | | (92,722) | | | 24.88 | Forfeited | | (44,309) | | | 28.68 | Cancelled (1) | | (37,426) | | | 31.45 | Beginning balance at January 1, 2018 | | 1,083,841 | | $ | 28.61 | Granted | | 1,313,152 | | | 15.65 | Vested | | (408,848) | | | 21.68 | Forfeited | | (53,698) | | | 20.69 | Beginning balance at January 1, 2019 | | 1,934,447 | | $ | 21.50 | Granted | | 1,960,334 | | | 12.89 | Vested | | (303,201) | | | 21.76 | Forfeited | | (220,632) | | | 17.17 | Cancelled | | (100,855) | | | 21.46 | Nonvested at December 31, 2019 | | 3,270,093 | | $ | 15.88 |
| (1) | No PSU Transition Awards vested as the Company did not achieve the adjusted free cash flow or net earnings minimum performance target. |
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