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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule Of Stock Option Activity
Following is a summary of stock option activity for the three-year period ending December 31, 2018:
 
 
 
Options
 
 
Weighted-

Average

Exercise

Price
 
 
Weighted-

Average

Remaining

Contractual

Term
 
 
Aggregate

Intrinsic

Value

(in thousands)
 
Outstanding at January 1, 2016
 
 
730,605
 
 
$
16.40
 
 
 
 
 
 
 
 
 
Exercised
 
 
(443,283
)
 
$
14.03
 
 
 
 
 
 
 
 
 
Forfeited
 
 
(933
)
 
$
24.68
 
 
 
 
 
 
 
 
 
Expired
 
 
(40,672
)
 
$
21.40
 
 
 
 
 
 
 
 
 
Outstanding and Exercisable at December 31, 2016
 
 
245,717
 
 
$
19.82
 
 
 
4.4
years
 
 
$
4,396
 
Exercised
 
 
(79,797
)
 
$
15.43
 
 
 
 
 
 
 
 
 
Outstanding and Exercisable at December 31, 2017
 
 
165,920
 
 
$
21.92
 
 
 
4.2
years
 
 
$
2,292
 
Exercised
 
 
(88,053
)
 
$
21.54
 
 
 
 
 
 
 
 
 
Expired
 
 
(1,103
)
 
$
21.16
 
 
 
 
 
 
 
 
 
Outstanding and Exercisable at December 31, 2018
 
 
76,764
 
 
$
22.33
 
 
 
2.9
years
 
 
$
446
 
Schedule Of Other Stock Option Related Activity
Other data relating to option activity for the years ended December 31 are as follows:
 
(dollars in thousands)
 
2018
 
 
2017
 
 
2016
 
Intrinsic value of options exercised
 
$
1,277
 
 
$
1,721
 
 
$
7,832
 
Fair value of options vested
 
 
 
 
 
 
 
 
372
 
Schedule Of Stock Options Outstanding And Exercisable
The following table summarizes information with respect to stock options outstanding and exercisable under the Company’s plans at December 31, 2018:
 
 
 
Options Outstanding and Exercisable
 
Exercise Price
 
Number Of
Options
 
 
Weighted
-
Average
Exercise
Price
 
 
Weighted
-
Average
Remaining
Contractual
Term
 
$17.18 – $17.18
 
 
7,587
 
 
$
17.18
 
 
 
1.2 years
 
$17.48 – $17.48
 
 
15,654
 
 
$
17.48
 
 
 
3.1 years
 
$24.18 – $24.18
 
 
17,948
 
 
$
24.18
 
 
 
2.2 years
 
$24.68 – $24.68
 
 
35,575
 
 
$
24.68
 
 
 
3.5 years
 
 
 
 
76,764
 
 
$
22.35
 
 
 
2.9 years
 
Schedule Of Time-Vested Stock Awards Activity
Following is a summary of time-vested stock awards activity for the three-year period ending December 31, 2018:
 
 
 
Shares
 
 
Per
Share
Weighted
-
Average
Grant Date
Fair Value
 
Outstanding unvested at January 1, 2016
 
 
201,949
 
 
$
24.58
 
Granted
 
 
112,912
 
 
$
24.66
 
Vested
 
 
(88,301
)
 
$
25.18
 
Forfeited
 
 
(3,144
)
 
$
26.09
 
Outstanding unvested at December 31, 2016
 
 
223,416
 
 
$
25.26
 
Granted
 
 
66,352
 
 
$
37.49
 
Vested
 
 
(99,774
)
 
$
25.19
 
Forfeited
 
 
(1,346
)
 
$
31.22
 
Outstanding unvested at December 31, 2017
 
 
188,648
 
 
$
29.55
 
Granted
 
 
93,280
 
 
$
30.22
 
Vested
 
 
(96,840
)
 
$
28.91
 
Forfeited
 
 
(9,657
)
 
$
27.02
 
Outstanding unvested at December 31, 2018
 
 
175,431
 
 
$
30.40
 
Schedule Of Performance Share Award Activity
Following is a summary of performance share award activity for the three-year period ending December 31, 2018:
 
 
 
Shares
 
 
Per Share
 Weighted-
Average
Grant Date
Fair Value
 
Outstanding at January 1, 2016
 
 
143,608
 
 
$
32.68
 
Granted at target
 
 
79,661
 
 
$
28.25
 
Earned for performance above target
 
 
20,650
 
 
$
31.01
 
Vested
 
 
(98,270
)
 
$
27.74
 
Forfeited
 
 
(1,626
)
 
$
32.96
 
Outstanding at December 31, 2016
 
 
144,023
 
 
$
32.92
 
Granted at target
 
 
47,454
 
 
$
47.12
 
Forfeited for performance below target
 
 
(24,873
)
 
$
36.40
 
Vested
 
 
(39,407
)
 
$
40.15
 
Forfeited
 
 
(222
)
 
$
37.22
 
Outstanding at December 31, 2017
 
 
126,975
 
 
$
35.29
 
Granted at target
 
 
66,764
 
 
$
34.52
 
Forfeited for performance below target
 
 
(42,584
)
 
$
29.73
 
Vested
 
 
(29,655
)
 
$
33.35
 
Forfeited
 
 
(9,247
)
 
$
30.85
 
Outstanding at December 31, 2018
 
 
112,253
 
 
$
39.73