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EMPLOYEE STOCK COMPENSATION (Tables)

12 Months Ended

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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