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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summarized Activity of Stock Options
The following table summarizes activity for our stock options for the year ended December 31, 2021 (share data in thousands):
Number
of
Shares
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Term
Aggregate
Intrinsic
Value
(In millions)
Outstanding at beginning of period201 $24.07 
Granted— N/A
Exercised(76)$24.77 
Cancelled/expired/forfeited— N/A
Outstanding at end of period125 $23.65 3.2 years$3.0 
Exercisable at end of period125 $23.65 3.2 years$3.0 
Schedule of Restricted Stock Units
Nonvested performance shares as of December 31, 2021 and changes during the year ended December 31, 2021 were as follows (share data in thousands):
Number
of
Shares
Weighted-
Average
Grant Date
Fair Value
Nonvested at beginning of period451 $56.15 
Adjustment to assumed vesting percentage52 $58.51 
Granted159 $59.39 
Vested(104)$63.81 
Cancelled/forfeited(13)$56.23 
Nonvested at end of period545 $55.90 
The actual number of shares in which each participant vests is dependent upon achievement of certain return on invested capital and diluted earnings per share targets over a three-year performance period. The number of shares in which participants can vest ranges from zero to 200% of the initial performance shares granted, to be determined upon completion of the three-year performance period. The nonvested shares at the end of the period in the table above assumes weighted-average vesting of 129%.
The actual tax benefits realized related to the performance shares vested during the year ended December 31, 2021 totaled $1.0 million.
Restricted Stock Units
Nonvested restricted stock units as of December 31, 2021 and changes during the year ended December 31, 2021 were as follows (share data in thousands):
Number
of
Shares
Weighted-
Average
Grant Date
Fair Value
Nonvested at beginning of period185 $55.96 
Granted150 $60.29 
Vested(107)$58.45 
Cancelled/forfeited(7)$57.09 
Nonvested at end of period221 $57.66 
Schedule of Summarized Activity of Stock Appreciation
The following table summarizes activity for our stock appreciation rights for the year ended December 31, 2021 (unit data in thousands):
Number
of
Units
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Term
Aggregate
Intrinsic
Value
(In millions)
Outstanding at beginning of period40 $24.04 
Granted— N/A
Exercised(13)$24.97 
Cancelled/expired/forfeited— N/A
Outstanding at end of period27 $23.62 3.2 years$0.7 
Exercisable at end of period27 $23.62 3.2 years$0.7