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EMPLOYEE STOCK COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The following table presents stock-based compensation expense and the related tax benefits for the periods indicated:
 
 
Year Ended December 31,
($ in thousands)
 
2019
 
2018
 
2017
Stock options
 
$
(8
)
 
$
174

 
$
360

Restricted stock awards and units
 
5,047

 
6,391

 
11,732

Stock appreciation rights
 

 

 
42

Total stock-based compensation expense
 
$
5,039

 
$
6,565

 
$
12,134

Related tax benefits
 
$
1,481

 
$
1,929

 
$
5,078


Unrecognized Share-Based Compensation Expense
The following table presents unrecognized stock-based compensation expense as of December 31, 2019:
($ in thousands)
 
Unrecognized Expense
 
Weighted-Average Remaining Expected Recognition Period
Stock option awards
 
$
4

 
0.5 years
Restricted stock awards and restricted stock units
 
9,087

 
2.2 years
Total
 
$
9,091

 
2.2 years

Schedule of Stock Options
The weighted-average estimated fair value per share options granted was estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions.
 
 
Year Ended December 31,
($ in thousands, except per share data)
 
2019
 
2018
 
2017
Grant date fair value of options granted
 
$

 
$

 
$

Fair value of options vested
 
$
67

 
$
160

 
$
611

Total intrinsic value of options exercised
 
$
87

 
$
96

 
$
3,747

Cash received from options exercised
 
$

 
$

 
$
2,043

Weighted-average estimated fair value per share of options granted
 
$

 
$

 
$


Option Activity
The following table represents stock option activity and weighted-average exercise price per share at and for the periods indicated:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Number of Shares
 
Weighted-Average Exercise Price per Share
 
Number of Shares
 
Weighted-Average Exercise Price per Share
 
Number of Shares
 
Weighted-Average Exercise Price per Share
Outstanding at beginning of year
186,973

 
$
13.54

 
210,973

 
$
13.99

 
968,591

 
$
13.95

Exercised
(74,836
)
 
$
13.41

 
(24,000
)
 
$
17.50

 
(488,281
)
 
$
12.53

Forfeited
(49,616
)
 
$
13.34

 

 
$

 
(269,337
)
 
$
16.49

Expired

 
$

 

 
$

 

 
$

Outstanding at end of year
62,521

 
$
13.85

 
186,973

 
$
13.54

 
210,973

 
$
13.99

Exercisable at end of year
60,273

 
$
13.86

 
123,125

 
$
13.67

 
105,541

 
$
14.68

Nonvested Share
The following table represents changes in unvested stock options and related information at and for the periods indicated:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Number of Shares
 
Weighted-Average Exercise Price per Share
 
Number of Shares
 
Weighted-Average Exercise Price per Share
 
Number of Shares
 
Weighted-Average Exercise Price per Share
Outstanding at beginning of year
63,848

 
$
13.30

 
105,432

 
$
13.31

 
518,936

 
$
15.04

Granted

 
$

 

 
$

 

 
$

Vested
(17,600
)
 
$
13.26

 
(41,584
)
 
$
13.32

 
(174,833
)
 
$
14.10

Forfeited
(44,000
)
 
$
13.29

 

 
$

 
(238,671
)
 
$
16.50

Outstanding at end of year
2,248

 
$
13.75

 
63,848

 
$
13.30

 
105,432

 
$
13.31


Summary of Stock Options Outstanding
The following table presents a summary of stock options outstanding as of December 31, 2019:
 
Options Outstanding
 
Options Exercisable
($ in thousands)
Number of Shares
 
Intrinsic Value
 
Weighted-Average Exercise Price per Share
 
Weighted-Average Remaining Contractual Life
 
Number of Shares
 
Intrinsic Value
 
Weighted-Average Exercise Price per Share
 
Weighted-Average Remaining Contractual Life
$10.90 to $11.87
5,508

 
$
22

 
$
10.90

 
4.5 years
 
5,508

 
$
22

 
$
10.90

 
4.5 years
$11.88 to $12.85

 

 
$

 
0.0 years
 

 

 
$

 
0.0 years
$12.86 to $13.83
40,848

 
58

 
$
13.48

 
5.4 years
 
38,600

 
55

 
$
13.46

 
5.4 years
$13.84 to $14.81

 

 
$

 
0.0 years
 

 

 
$

 
0.0 years
$14.82 to $15.82
16,165

 

 
$
15.81

 
1.5 years
 
16,165

 

 
$
15.81

 
1.5 years
Total
62,521

 
$
80

 
$
13.85

 
4.3 years
 
60,273

 
$
77

 
$
13.86

 
4.3 years

Restricted Stock and Restricted Stock Units Activity The following table presents unvested restricted stock awards and restricted stock units activity for the periods indicated:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Number of Shares
 
Weighted-Average Price per Share
 
Number of Shares
 
Weighted-Average Price per Share
 
Number of Shares
 
Weighted-Average Price per Share
Outstanding at beginning of year
833,601

 
$
18.96

 
911,633

 
$
18.73

 
1,417,144

 
$
16.16

Granted (1)
796,547

 
$
14.40

 
650,676

 
$
18.89

 
859,722

 
$
20.81

Vested (2)
(273,904
)
 
$
18.37

 
(415,994
)
 
$
18.65

 
(854,031
)
 
$
15.95

Forfeited (3)
(432,762
)
 
$
17.93

 
(312,714
)
 
$
18.54

 
(511,202
)
 
$
17.80

Outstanding at end of year
923,482

 
$
15.74

 
833,601

 
$
18.96

 
911,633

 
$
18.73


(1)
The number of granted shares includes aggregate performance-based shares/units of 174,935, 306,801 and 152,709 for the years ended December 31, 2019, 2018 and 2017.
(2)
The number of vested shares includes aggregate performance-based shares/units of 37,572, 44,817 and 10,000 for the years ended December 31, 2019, 2018 and 2017
(3)
The number of forfeited shares includes aggregate performance-based shares/units of 233,999, 86,936 and 107,545 for the years ended December 31, 2019, 2018 and 2017.
Summary of all Outstanding SARs
The following table represents SARs activity and the weighted-average exercise price per share for the periods indicated:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Number of Shares
 
Weighted-Average Exercise Price per Share
 
Number of Shares
 
Weighted-Average Exercise Price per Share
 
Number of Shares
 
Weighted-Average Exercise Price per Share
Outstanding at beginning of year
1,559,012

 
$
11.60

 
1,559,012

 
$
11.60

 
1,559,047

 
$
11.60

Granted

 
$

 

 
$

 

 
$

Exercised

 
$

 

 
$

 

 
$

Forfeited

 
$

 

 
$

 
(35
)
 
$
10.09

Outstanding at end of year
1,559,012

 
$
11.60

 
1,559,012

 
$
11.60

 
1,559,012

 
$
11.60

Exercisable at end of year
1,559,012

 
$
11.60

 
1,559,012

 
$
11.60

 
1,559,012

 
$
11.60

The following table represents changes in unvested SARs and related information as of and for the periods indicated:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Number of Shares
 
Weighted-Average Exercise Price per Share
 
Number of Shares
 
Weighted-Average Exercise Price per Share
 
Number of Shares
 
Weighted-Average Exercise Price per Share
Outstanding at beginning of year

 
$

 

 
$

 
8,069

 
$
10.09

Granted

 
$

 

 
$

 

 
$

Vested

 
$

 

 
$

 
(8,034
)
 
$
10.09

Forfeited

 
$

 

 
$

 
(35
)
 
$
10.09

Outstanding at end of year

 
$

 

 
$

 

 
$