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SHARE-BASED COMPENSATION AWARDS SHARE-BASED COMPENSATION AWARDS (Tables) | 3 Months Ended
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Mar. 31, 2022
Share-based Payment Arrangement [Abstract] |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The assumptions used in the determination of fair value for stock options granted in first quarter 2022 and 2021 are provided in the table below:
|  | First Quarter
Assumptions |  | 2022 |  | 2021
Expected volatility rate |  | 28.69% |  | 28.99%
Expected dividend yield |  | 2.46% |  | 3.58%
Average risk-free interest rate |  | 1.93% |  | 0.95%
Expected term years |  | 6.4 |  | 6.0

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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