XML 56 R46.htm IDEA: XBRL DOCUMENT
v3.10.0.1

EMPLOYEE STOCK COMPENSATION (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Summary of Share-Based Compensation Expense | The following table presents share-based compensation expense and the related tax benefits for the periods indicated:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
($ in thousands) |  | 2018 |  | 2017 |  | 2018 |  | 2017
Stock options |  | $ | 32 |  |  | $ | 36 |  |  | $ | 145 |  |  | $ | 703 |
Restricted stock awards and units |  | 1,366 |  |  | 2,185 |  |  | 5,128 |  |  | 9,167 |
Stock appreciation rights |  | — |  |  | — |  |  | — |  |  | 42 |
Total share-based compensation expense |  | $ | 1,398 |  |  | $ | 2,221 |  |  | $ | 5,273 |  |  | $ | 9,912 |
Related tax benefits |  | $ | 410 |  |  | $ | 927 |  |  | $ | 1,546 |  |  | $ | 4,122 |
Unrecognized Share-Based Compensation Expense | The following table presents unrecognized share-based compensation expense as of September 30, 2018:
($ in thousands) |  | Unrecognized Expense |  | Weighted-Average Remaining Expected Recognition Period
Stock option awards |  | $ | 173 |  |  | 1.6 years
Restricted stock awards and restricted stock units |  | 10,853 |  |  | 2.4 years
Total |  | $ | 11,026 |  |  | 2.4 years
Option Activity | The following table represents stock option activity for the three months ended September 30, 2018:
|  | Three Months Ended September 30, 2018
($ in thousands except per share data) |  | Number of Shares |  | Weighted-Average Exercise Price Per Share |  | Weighted-Average Remaining Contract Term |  | Aggregated Intrinsic Value
Outstanding at beginning of period |  | 186,973 |  |  | $ | 13.54 |  |  | 6.3 years |  | $ | 1,123 |
Outstanding at end of period |  | 186,973 |  |  | $ | 13.54 |  |  | 6.1 years |  | $ | 1,002 |
Exercisable at end of period |  | 123,125 |  |  | $ | 13.67 |  |  | 5.8 years |  | $ | 644 |
The following table represents stock option activity for the nine months ended September 30, 2018:
|  | Nine Months Ended September 30, 2018
($ in thousands except per share data) |  | Number of Shares |  | Weighted-Average Exercise Price Per Share |  | Weighted-Average Remaining Contract Term |  | Aggregated Intrinsic Value
Outstanding at beginning of period |  | 210,973 |  |  | $ | 13.99 |  |  | 7.0 years |  | $ | 1,405 |
Exercised |  | (24,000 | ) |  | $ | 17.50 |  |  | 8.2 years |  | $ | — |
Outstanding at end of period |  | 186,973 |  |  | $ | 13.54 |  |  | 6.1 years |  | $ | 1,002 |
Exercisable at end of period |  | 123,125 |  |  | $ | 13.67 |  |  | 5.8 years |  | $ | 644 |
Nonvested Share | The following table sets forth information regarding unvested stock options for the three and nine months ended September 30, 2018.
|  | Three Months Ended September 30, 2018 |  | Nine Months Ended September 30, 2018
|  | Number of Shares |  | Weighted-Average Exercise Price Per Share |  | Number of Shares |  | Weighted-Average Exercise Price Per Share
Outstanding at beginning of period |  | 73,324 |  |  | $ | 13.32 |  |  | 105,432 |  |  | $ | 13.31 |
Vested |  | (9,476 | ) |  | $ | 13.46 |  |  | (41,584 | ) |  | $ | 13.32 |
Outstanding at end of period |  | 63,848 |  |  | $ | 13.30 |  |  | 63,848 |  |  | $ | 13.30 |
Restricted Stock and Restricted Stock Units Activity | The following table presents unvested restricted stock awards and restricted stock units activity for the three and nine months ended September 30, 2018:
|  | Three Months Ended September 30, 2018 |  | Nine Months Ended September 30, 2018
|  | Number of Shares |  | Weighted Average Grant Date Fair Value Per Share |  | Number of Shares |  | Weighted Average Grant Date Fair Value Per Share
Outstanding at beginning of period |  | 985,237 |  |  | $ | 18.84 |  |  | 911,633 |  |  | $ | 18.73 |
Granted (1) |  | 41,108 |  |  | $ | 20.00 |  |  | 619,970 |  |  | $ | 18.92 |
Vested (1) |  | (68,506 | ) |  | $ | 18.02 |  |  | (386,723 | ) |  | $ | 18.84 |
Forfeited (1) |  | (45,140 | ) |  | $ | 18.23 |  |  | (232,181 | ) |  | $ | 18.27 |
Outstanding at end of period |  | 912,699 |  |  | $ | 18.99 |  |  | 912,699 |  |  | $ | 18.99 |
(1) | The number of granted shares/units includes aggregate performance-based shares of 0 and 306,801 for the three and nine months ended September 30, 2018, respectively. The number of vested shares includes aggregate performance-based shares of 0 and 44,817 for the three and nine months ended September 30, 2018, respectively. The number of forfeited shares includes aggregate performance-based shares of 12,958 and 60,378 for the three and nine months ended September 30, 2018, respectively. The vesting of these awards is subject to certain performance targets and goals being met. These performance targets include conditions relating to the Company’s profitability and regulatory standing. The actual amounts of stock released upon vesting will be determined by the Compensation Committee of the Company's Board of Directors upon the Committee's certification of the satisfaction of the target level of performance.
Summary of all Outstanding SARs | The following table represents SARs activity as of and for the three months ended September 30, 2018:
|  | Three Months Ended September 30, 2018
($ in thousands except per share data) |  | Number of Shares |  | Weighted-Average Exercise Price Per Share |  | Weighted-Average Remaining Contract Term |  | Aggregated Intrinsic Value
Outstanding at beginning of period |  | 1,559,012 |  |  | $ | 11.60 |  |  | 4.1 years |  | $ | 12,390 |
Outstanding at end of period |  | 1,559,012 |  |  | $ | 11.60 |  |  | 3.9 years |  | $ | 11,377 |
Exercisable at end of period |  | 1,559,012 |  |  | $ | 11.60 |  |  | 3.9 years |  | $ | 11,377 |
The following table represents SARs activity as of and for the nine months ended September 30, 2018:
|  | Nine Months Ended September 30, 2018
($ in thousands except per share data) |  | Number of Shares |  | Weighted-Average Exercise Price Per Share |  | Weighted-Average Remaining Contract Term |  | Aggregated Intrinsic Value
Outstanding at beginning of period |  | 1,559,012 |  |  | $ | 11.60 |  |  | 4.6 years |  | $ | 14,105 |
Outstanding at end of period |  | 1,559,012 |  |  | $ | 11.60 |  |  | 3.9 years |  | $ | 11,377 |
Exercisable at end of period |  | 1,559,012 |  |  | $ | 11.60 |  |  | 3.9 years |  | $ | 11,377 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + 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 (h)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5047-113901 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + 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 (c)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock appreciation rights awards that were outstanding at the beginning and end of the year, and the number of stock appreciation rights awards that were granted, exercised or converted, forfeited, and expired during the year. + 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 (c)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + 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 (d) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the total compensation cost related to nonvested awards not yet recognized and the weighted-average period over which it is expected to be recognized. + 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 (i) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration