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EMPLOYEE STOCK COMPENSATION (Tables) | 12 Months Ended
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Dec. 31, 2020
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) |  | 2020 |  | 2019 |  | 2018
Stock options |  | $ | 4 |  |  | $ | (8) |  |  | $ | 174 |
Restricted stock awards and units |  | 5,777 |  |  | 5,047 |  |  | 6,391 |
Total stock-based compensation expense |  | $ | 5,781 |  |  | $ | 5,039 |  |  | $ | 6,565 |
Related tax benefits |  | $ | 1,703 |  |  | $ | 1,481 |  |  | $ | 1,929 |
Unrecognized Share-Based Compensation Expense | The following table presents unrecognized stock-based compensation expense as of December 31, 2020:
($ in thousands) |  | Unrecognized Expense |  | Weighted-Average Remaining Expected Recognition Period
Restricted stock awards and restricted stock units |  | 6,869 |  |  | 2.0 years
Total |  | $ | 6,869 |  |  | 2.0 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) |  | 2020 |  | 2019 |  | 2018
Grant date fair value of options granted |  | $ | — |  |  | $ | — |  |  | $ | — |
Fair value of options vested |  | $ | 8 |  |  | $ | 67 |  |  | $ | 160 |
Total intrinsic value of options exercised |  | $ | 29 |  |  | $ | 87 |  |  | $ | 96 |
Cash received from options exercised |  | $ | — |  |  | $ | — |  |  | $ | — |
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,
| 2020 |  | 2019 |  | 2018
| 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 | 62,521 |  |  | $ | 13.85 |  |  | 186,973 |  |  | $ | 13.54 |  |  | 210,973 |  |  | $ | 13.99 |
Exercised | (7,452) |  |  | $ | 13.05 |  |  | (74,836) |  |  | $ | 13.41 |  |  | (24,000) |  |  | $ | 17.50 |
Forfeited | — |  |  | $ | — |  |  | (49,616) |  |  | $ | 13.34 |  |  | — |  |  | $ | — |
Outstanding at end of year | 55,069 |  |  | $ | 13.96 |  |  | 62,521 |  |  | $ | 13.85 |  |  | 186,973 |  |  | $ | 13.54 |
Exercisable at end of year | 55,069 |  |  | $ | 13.96 |  |  | 60,273 |  |  | $ | 13.86 |  |  | 123,125 |  |  | $ | 13.67 |
Nonvested Share | The following table represents changes in unvested stock options and related information at and for the periods indicated:
| Year Ended December 31,
| 2020 |  | 2019 |  | 2018
| 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 | 2,248 |  |  | $ | 13.75 |  |  | 63,848 |  |  | $ | 13.30 |  |  | 105,432 |  |  | $ | 13.31 |
Vested | (2,248) |  |  | $ | 13.75 |  |  | (17,600) |  |  | $ | 13.26 |  |  | (41,584) |  |  | $ | 13.32 |
Forfeited | — |  |  | $ | — |  |  | (44,000) |  |  | $ | 13.29 |  |  | — |  |  | $ | — |
Outstanding at end of year | — |  |  | $ | — |  |  | 2,248 |  |  | $ | 13.75 |  |  | 63,848 |  |  | $ | 13.30 |
Summary of Stock Options Outstanding | The following table presents a summary of stock options outstanding as of December 31, 2020:
| 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 $12.12 | 3,672 |  |  | 14 |  |  | $ | 10.90 |  |  | 3.5 years |  | 3,672 |  |  | 14 |  |  | $ | 10.90 |  |  | 3.5 years
$12.13 to $13.35 | — |  |  | — |  |  | $ | — |  |  | 0.0 years |  | — |  |  | — |  |  | $ | — |  |  | 0.0 years
$13.36 to $14.58 | 35,232 |  |  | 45 |  |  | $ | 13.44 |  |  | 4.4 years |  | 35,232 |  |  | 45 |  |  | $ | 13.44 |  |  | 4.4 years
$14.59 to $15.81 | 16,165 |  |  | — |  |  | $ | 15.81 |  |  | 0.5 years |  | 16,165 |  |  | — |  |  | $ | 15.81 |  |  | 0.5 years
Total | 55,069 |  |  | $ | 59 |  |  | $ | 13.96 |  |  | 3.2 years |  | 55,069 |  |  | $ | 59 |  |  | $ | 13.96 |  |  | 3.2 years
Restricted Stock and Restricted Stock Units Activity | periods indicated:
| Year Ended December 31,
| 2020 |  | 2019 |  | 2018
| 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 | 923,482 |  |  | $ | 15.74 |  |  | 833,601 |  |  | $ | 18.96 |  |  | 911,633 |  |  | $ | 18.73 |
Granted (1) | 358,593 |  |  | $ | 13.85 |  |  | 796,547 |  |  | $ | 14.40 |  |  | 650,676 |  |  | $ | 18.89 |
Vested (2) | (331,998) |  |  | $ | 15.83 |  |  | (273,904) |  |  | $ | 18.37 |  |  | (415,994) |  |  | $ | 18.65 |
Forfeited (3) | (101,775) |  |  | $ | 15.43 |  |  | (432,762) |  |  | $ | 17.93 |  |  | (312,714) |  |  | $ | 18.54 |
Outstanding at end of year | 848,302 |  |  | $ | 14.42 |  |  | 923,482 |  |  | $ | 15.74 |  |  | 833,601 |  |  | $ | 18.96 |
(1) There were 78,771, 174,935 and 306,801 performance stock units included in shares granted for the years ended December 31, 2020, 2019 and 2018. (2) There were 18,473, 37,572 and 44,817 performance stock units included in vested shares for the years ended December 31, 2020, 2019 and 2018 (3) There were 24,242, 233,999 and 86,936 performance stock units included in forfeited shares for the years ended December 31, 2020, 2019 and 2018.
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,
| 2020 |  | 2019 |  | 2018
| 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 |  |  | 1,559,012 |  |  | $ | 11.60 |
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 |

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