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STOCK-BASED COMPENSATION PLANS (FY) (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]    
Stock Option Activity
The following table summarizes the Company’s stock option activity and related information for the 2011 Plan, the 2000 Plan and the Directors Plan for the nine months ended September 30, 2018:
 
           
 
 
Options
  
Weighted
Average
Exercise
Price
  
Weighted
Average
Remaining
Contractual Life
  
Aggregate
Intrinsic value
(in thousands)
 
Outstanding at December 31, 2017
  
983,512
  
$
40.62
   
4.0
  
$
40,137
 
Granted
  
82,580
   
77.54
       
2,258
 
Exercised
  
(574,303
)
  
23.88
       
46,520
 
Canceled
  
(16,471
)
  
64.46
       
666
 
Outstanding at September 30, 2018
  
475,318
   
56.50
   
5.9
   
22,997
 
Exercisable at September 30, 2018
  
291,169
   
49.75
   
5.0
   
16,051
 
The following table summarizes the Company’s stock option activity and related information for the 2011 Plan, the 2000 Plan and Directors Plan for the years ended December 31:
 
  
Options
  
Weighted
Average
Exercise
Price
  
Weighted Average
Remaining
Contractual Life
  
Aggregate
Intrinsic value
(in thousands)
 
Outstanding at December 31, 2014          
  
1,147,558
  
$
28.33
   
5.5
  
$
67,205
 
Granted          
  
84,675
   
87.35
       
1,375
 
Exercised          
  
(124,156
)
  
26.70
       
(5,516
)
Canceled          
  
(10,754
)
  
65.22
       
(64
)
Outstanding at December 31, 2015          
  
1,097,323
  
$
32.70
   
4.8
  
$
42,154
 
Granted          
  
94,115
   
61.39
       
2,035
 
Exercised          
  
(83,790
)
  
25.58
       
(4,813
)
Canceled          
  
(8,825
)
  
71.47
       
(102
)
Outstanding at December 31, 2016          
  
1,098,823
  
$
35.39
   
4.3
  
$
52,332
 
Granted          
  
65,522
   
86.91
       
 
Exercised          
  
(166,838
)
  
21.37
       
(10,020
)
Canceled          
  
(13,995
)
  
76.89
       
(64
)
Outstanding at December 31, 2017          
  
983,512
  
$
40.62
   
4.0
  
$
40,137
 
Exercisable at December 31, 2017          
  
802,609
  
$
32.52
   
3.3
  
$
36,848
 
Stock Options Outstanding  
Options outstanding at December 31, 2017 were as follows:
 
  
Number of
Options
  
Weighted
Average
Exercise
Price of
Options
  
Weighted
Average
Remaining
Contractual
  
Number of
Options
Currently
  
Weighted Average
Exercise Price of
Options Currently
 
Range of exercise prices
 
Outstanding
  
Outstanding
  
Life
  
Exercisable
  
Exercisable
 
Under $15.00          
  
180,000
  
$
14.50
   
1.1
   
180,000
  
$
14.50
 
15.00 - 23.00          
  
193,701
   
18.77
   
1.3
   
193,701
   
18.77
 
23.00 - 30.00          
  
136,924
   
28.75
   
2.8
   
136,924
   
28.75
 
30.00 - 38.00          
  
94,496
   
35.24
   
4.1
   
94,496
   
35.24
 
Over 38.00          
  
378,391
   
69.86
   
7.0
   
197,488
   
63.72
 
   
983,512
  
$
40.62
       
802,609
  
$
32.52
 
Schedule of Share-Based Fair Value of Each Option Grant Weighted-Average Assumptions
The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions:
 
     
 
 
Nine Months Ended
September 30,
 
 
 
2018
  
2017
 
Dividend yield
  
0.31
%
  
0.23
%
Risk-free interest rate
  
2.78
%
  
2.17
%
Stock price volatility
  
23.9
%
  
23.4
%
Expected life (years)
  
5.0
   
5.0
 
The fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions:
 
  
For the year ended
December 31,
 
  
2017
  
2016
  
2015
 
Dividend yield          
  
0.23
%
  
0.26
%
  
0.14
%
Risk-free interest rate          
  
2.2
%
  
1.5
%
  
1.8
%
Stock price volatility          
  
23.4
%
  
26.9
%
  
27.3
%
Expected life (years)          
  
5.0
   
5.0
   
5.0
 
Weighted average fair value of options granted during the year
 
$
20.69
  
$
14.96
  
$
24.41
 
Restricted Stock Activity and Incentive Stock Awards Activity
The following table summarizes the restricted stock activity and related information for the 2011 Plan, the 2000 Plan, and Directors Plan, and incentive stock units activity and related information for the 2011 Plan and the 2000 Plan with related information for the years ended December 31:
 
  
Restricted
Stock
and Units
  
Incentive
Stock
Awards
  
Weighted
Average Grant
Date Fair
Value
 
Outstanding at December 31, 2014          
  
438,543
   
791,608
  
$
47.97
 
Granted          
  
113,945
   
126,050
   
87.90
 
Vested          
  
(182,776
)
  
(433,932
)
  
37.76
 
Adjustment for incentive stock awards expected to vest          
  
   
65,666
   
57.57
 
Canceled          
  
(12,827
)
  
(7,754
)
  
67.05
 
Outstanding at December 31, 2015          
  
356,885
   
541,638
  
$
65.89
 
Granted          
  
212,600
   
167,850
   
66.03
 
Vested          
  
(159,975
)
  
(236,591
)
  
51.80
 
Adjustment for incentive stock awards expected to vest          
  
   
(38,164
)
  
74.42
 
Canceled          
  
(13,215
)
  
(9,983
)
  
71.84
 
Outstanding at December 31, 2016          
  
396,295
   
424,750
  
$
72.18
 
Granted          
  
153,516
   
157,025
   
86.66
 
Vested          
  
(137,088
)
  
(153,271
)
  
70.34
 
Adjustment for incentive stock awards expected to vest          
  
   
(87,592
)
  
73.69
 
Canceled          
  
(13,723
)
  
(13,579
)
  
76.61
 
Outstanding at December 31, 2017          
  
399,000
   
327,333
  
$
78.76
 
The following table summarizes the restricted stock activity and related information for the 2011 Plan, the 2000 Plan, and Directors Plan, and incentive stock units activity and related information for the 2011 Plan and the 2000 Plan with related information for the years ended December 31:
 
  
Restricted
Stock
and Units
  
Incentive
Stock
Awards
  
Weighted
Average Grant
Date Fair
Value
 
Outstanding at December 31, 2014          
  
438,543
   
791,608
  
$
47.97
 
Granted          
  
113,945
   
126,050
   
87.90
 
Vested          
  
(182,776
)
  
(433,932
)
  
37.76
 
Adjustment for incentive stock awards expected to vest          
  
   
65,666
   
57.57
 
Canceled          
  
(12,827
)
  
(7,754
)
  
67.05
 
Outstanding at December 31, 2015          
  
356,885
   
541,638
  
$
65.89
 
Granted          
  
212,600
   
167,850
   
66.03
 
Vested          
  
(159,975
)
  
(236,591
)
  
51.80
 
Adjustment for incentive stock awards expected to vest          
  
   
(38,164
)
  
74.42
 
Canceled          
  
(13,215
)
  
(9,983
)
  
71.84
 
Outstanding at December 31, 2016          
  
396,295
   
424,750
  
$
72.18
 
Granted          
  
153,516
   
157,025
   
86.66
 
Vested          
  
(137,088
)
  
(153,271
)
  
70.34
 
Adjustment for incentive stock awards expected to vest          
  
   
(87,592
)
  
73.69
 
Canceled          
  
(13,723
)
  
(13,579
)
  
76.61
 
Outstanding at December 31, 2017          
  
399,000
   
327,333
  
$
78.76