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Share-Based Payments (Tables)
 12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Weighted-Average Assumptions Used to Determine Fair Value of Stock Options
The fair value of the SARs granted in conjunction with the EHHI acquisition has been estimated using the Black-Scholes option-pricing model with the following weighted-average assumptions:
 
As of December 31,
 
2019
 
2018
Expected volatility
38.6
%
 
27.1
%
Risk-free interest rate
1.5
%
 
2.6
%
Expected life (years)
0.3

 
1.3

Dividend yield
—
%
 
—
%

The fair values of the options granted during the years ended December 31, 2019, 2018, and 2017 have been estimated at the grant date using the Black-Scholes option-pricing model with the following weighted-average assumptions:
 
For the Year Ended December 31,
 
2019
 
2018
 
2017
Expected volatility
25.3
%
 
29.2
%
 
30.5
%
Risk-free interest rate
2.7
%
 
2.7
%
 
2.1
%
Expected life (years)
7.1

 
7.1

 
7.7

Dividend yield
2.1
%
 
2.2
%
 
2.2
%
Schedule of Stock Option Activity
A summary of our stock option activity and related information is as follows:
 
Shares
(In Thousands)
 
Weighted- Average Exercise Price per Share
 
Weighted- Average Remaining Life (Years)
 
Aggregate Intrinsic Value
(In Millions)
Outstanding, December 31, 2018
537

 
$
35.22

 
 
 
 
Granted
106

 
63.77

 
 
 
 
Exercised
(78
)
 
17.73

 
 
 
 
Outstanding, December 31, 2019
565

 
43.02

 
6.3
 
$
14.8

Exercisable, December 31, 2019
364

 
35.16

 
5.1
 
12.4
Schedule of Restricted Stock Activity
A summary of our issued restricted stock awards is as follows (share information in thousands):
 
Shares
 
Weighted-Average Grant Date Fair Value
Nonvested shares at December 31, 2018
907

 
$
37.61

Granted
660

 
49.84

Vested
(718
)
 
34.84

Forfeited
(31
)
 
48.65

Nonvested shares at December 31, 2019
818

 
49.49