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EMPLOYEE STOCK COMPENSATION (Tables) | 12 Months Ended
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Dec. 31, 2021
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) |  | 2021 |  | 2020 |  | 2019
Restricted stock awards and units |  | 5,295 |  |  | 5,777 |  |  | 5,047 |
Stock options |  | — |  |  | 4 |  |  | (8) |
Total stock-based compensation expense |  | $ | 5,295 |  |  | $ | 5,781 |  |  | $ | 5,039 |
Related tax benefits |  | $ | 1,530 |  |  | $ | 1,703 |  |  | $ | 1,481 |
Unrecognized Share-Based Compensation Expense | The following table presents unrecognized stock-based compensation expense as of December 31, 2021:
($ in thousands) |  | Unrecognized Expense |  | Weighted-Average Remaining Expected Recognition Period
Restricted stock awards and restricted stock units |  | 6,045 |  |  | 2.0 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,
| 2021 |  | 2020 |  | 2019
| 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 | 848,302 |  |  | $ | 14.42 |  |  | 923,482 |  |  | $ | 15.74 |  |  | 833,601 |  |  | $ | 18.96 |
Granted (1) | 297,592 |  |  | $ | 19.88 |  |  | 358,593 |  |  | $ | 13.85 |  |  | 796,547 |  |  | $ | 14.40 |
Vested (2) | (388,387) |  |  | $ | 14.01 |  |  | (331,998) |  |  | $ | 15.83 |  |  | (273,904) |  |  | $ | 18.37 |
Forfeited (3) | (108,497) |  |  | $ | 14.40 |  |  | (101,775) |  |  | $ | 15.43 |  |  | (432,762) |  |  | $ | 17.93 |
Outstanding at end of year | 649,010 |  |  | $ | 17.17 |  |  | 848,302 |  |  | $ | 14.42 |  |  | 923,482 |  |  | $ | 15.74 |
(1) There were 66,472, 78,771 and 174,935 performance stock units included in shares granted for the years ended December 31, 2021, 2020 and 2019. (2) There were 77,327, 18,473 and 37,572 performance stock units included in vested shares for the years ended December 31, 2021, 2020 and 2019 (3) There were 48,803, 24,242 and 233,999 performance stock units included in forfeited shares for the years ended December 31, 2021, 2020 and 2019.
Schedule of Stock Options |
|  | Year Ended December 31,
($ in thousands, except per share data) |  | 2021 |  | 2020 |  | 2019
Fair value of options vested |  | $ | — |  |  | $ | 8 |  |  | $ | 67 |
Total intrinsic value of options exercised |  | $ | 191 |  |  | $ | 29 |  |  | $ | 87 |
Cash received from options exercised |  | $ | 300 |  |  | $ | — |  |  | $ | — |
Option Activity | The following table represents vested stock option activity and weighted-average exercise price per share at and for the periods indicated:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
| 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 | 55,069 |  |  | $ | 13.96 |  |  | 62,521 |  |  | $ | 13.85 |  |  | 186,973 |  |  | $ | 13.54 |
Exercised | (40,165) |  |  | $ | 14.30 |  |  | (7,452) |  |  | $ | 13.05 |  |  | (74,836) |  |  | $ | 13.41 |
Forfeited | — |  |  | $ | — |  |  | — |  |  | $ | — |  |  | (49,616) |  |  | $ | 13.34 |
Outstanding at end of year | 14,904 |  |  | $ | 13.05 |  |  | 55,069 |  |  | $ | 13.96 |  |  | 62,521 |  |  | $ | 13.85 |
Exercisable at end of year | 14,904 |  |  | $ | 13.05 |  |  | 55,069 |  |  | $ | 13.96 |  |  | 60,273 |  |  | $ | 13.86 |
Nonvested Share | The following table represents changes in unvested stock options and related information at and for the periods indicated:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
| 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 |
Vested | — |  |  | $ | — |  |  | (2,248) |  |  | $ | 13.75 |  |  | (17,600) |  |  | $ | 13.26 |
Forfeited | — |  |  | $ | — |  |  | — |  |  | $ | — |  |  | (44,000) |  |  | $ | 13.29 |
Outstanding at end of year | — |  |  | $ | — |  |  | — |  |  | $ | — |  |  | 2,248 |  |  | $ | 13.75 |
Summary of Stock Options Outstanding | The following table presents a summary of stock options outstanding as of December 31, 2021:
| 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 $12.33 | 3,672 |  |  | 32 |  |  | $ | 10.90 |  |  | 2.5 years |  | 3,672 |  |  | 32 |  |  | $ | 10.90 |  |  | 2.5 years
$12.34 to $13.75 | 11,232 |  |  | 66 |  |  | $ | 13.75 |  |  | 3.5 years |  | 11,232 |  |  | 66 |  |  | $ | 13.75 |  |  | 3.5 years
Total | 14,904 |  |  | $ | 98 |  |  | $ | 13.05 |  |  | 3.3 years |  | 14,904 |  |  | $ | 98 |  |  | $ | 13.05 |  |  | 3.3 years
Summary of all Outstanding SARs | The following table represents SARs activity and the weighted average exercise price per share as of and for the periods indicated:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
| 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 |
Exercised | (1,559,012) |  |  | $ | 11.60 |  |  | — |  |  | $ | — |  |  | — |  |  | $ | — |
Outstanding at end of year | — |  |  | $ | — |  |  | 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 |

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