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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Restricted Stock Award Activity for Employees and Non-Employee Directors

The following table summarizes our restricted stock award activity for employees and non-employee directors:

 

 

Shares

 

Weighted Average

Grant Date Fair

Value Per Share

Unvested at January 1, 2021

 

 

139,863

 

 

$

121.53

 

Granted

 

 

49,969

 

 

 

213.55

 

Vested

 

 

(71,426

)

 

 

116.49

 

Forfeited

 

 

(2,830

)

 

 

156.77

 

Unvested at December 31, 2021

 

 

115,576

 

 

$

163.57

 

 

Summary of Activity for PBRSUs for Employees

The following table summarizes our activity for PBRSUs for employees during 2021:

 

 

Shares

 

 

Weighted Average

Grant Date Fair

Value Per Share

 

Unvested at January 1, 2021

 

 

31,072

 

 

$

146.29

 

Granted (a)

 

 

37,288

 

 

 

204.84

 

Vested

 

 

(10,353

)

 

 

146.29

 

Forfeited

 

 

 

 

 

 

Unvested at December 31, 2021

 

 

58,007

 

 

$

183.93

 

(a)

PBRSUs earned may range from zero to 200% of the target award. Actual PBRSUs earned for the 2021 performance period, as determined by the Compensation Committee, were equal to 200% of the target amount.

Summary of the Changes in the Number of Outstanding Phantom Stock Shares A summary of the changes in the number of outstanding phantom stock awards during the year ended December 31, 2021 for the Phantom Plans is provided below. There were no shares granted, settled or forfeited during 2021.

 

 

Employee

Phantom Plans

 

Director

Phantom

Stock Plan

 

Total

Balance of shares outstanding at December 31, 2021 and 2020

 

 

532,890

 

 

 

81,106

 

 

 

613,996