XML 36 R43.htm IDEA: XBRL DOCUMENT

Stock Options (Tables)

12 Months Ended

Dec. 31, 2019


	2019 ⁽¹⁾	2018 ⁽²⁾	2017 ⁽²⁾
Options available for grant at end of year	499,640	146,075	176,294

1.In 2019, options available are from the 2019 Equity Incentive Plan.

2.In 2018 and 2017, options available are from the 2009 Equity Incentive Plan.

Following is a summary of activity in the Restricted Stock Awards for the periods indicated:


	2019				2018					2017
	Shares	Grant-Date Fair Value*		Shares	Grant-Date Fair Value*		Shares	Grant-Date Fair Value*
Awards outstanding at beginning of year	75,636	$	81.39	63,052	$	70.08	45,621	$	54.58
Granted	36,060	105.69		35,300	92.50		33,620	84.34
Exercised	(32,466)	69.94		(22,266)	66.91		(16,189)	56.03
Canceled	(525)	99.96		(450)	83.99		—	—
Awards outstanding at end of year	78,705	94.34		75,636	81.39		63,052	70.08

*Weighted Averages

Following is a summary of activity in the Incentive Stock Option Plans for the periods indicated:


	2019				2018					2017
	Shares	Exercise Price*		Shares	Exercise Price*		Shares	Exercise Price*
Options outstanding at beginning of year	140,170	$	49.78	172,875	$	43.91	220,820	$	37.39
Granted	12,150	105.56		9,500	92.50		10,750	83.99
Exercised	(28,100)	38.93		(41,205)	34.89		(54,945)	24.83
Canceled	(4,500)	58.57		(1,000)	54.49		(3,750)	54.57
Options outstanding at end of year	119,720	57.65		140,170	49.78		172,875	43.91
Options exercisable at end of year	85,070	$	47.10	96,320	$	41.56	111,875	$	36.44
Options available for grant at end of year	327,250			336,450			344,950

*Weighted Averages

Options outstanding and exercisable at December 31, 2019 were as follows:


Qualified Stock Options	Options Outstanding								Options Exercisable
	Shares	Remaining Contractual Life (yrs)*				Exercise Price*	Shares		Exercise Price*
Range of Exercise Price

$26.45 - $42.70	39,820		2.57	$	35.89	39,820	$	35.89
$49.44 - $83.99	59,800		5.60	$	57.89	43,600	$	55.62
$92.50 - $105.56	20,100		8.94	$	100.07	1,650	$	92.50
Total	119,720					85,070

*Weighted Averages

Following is a summary of activity in the Non-Qualified Stock Option Plans for the periods indicated:


	2019				2018					2017
	Shares	Exercise Price*		Shares	Exercise Price*		Shares	Exercise Price*
Options outstanding at beginning of year	40,200	$	42.99	67,000	$	42.43	112,400	$	34.48
Granted	—	—		—	—		—	—
Exercised	(34,900)	42.40		(26,800)	41.61		(45,400)	22.73
Canceled	—	—		—	—		—	—
Options outstanding at end of year	5,300	46.87		40,200	42.99		67,000	42.43
Options exercisable at end of year	5,300	$	46.87	34,400	$	41.21	50,400	$	39.86

*Weighted Averages

Options outstanding and exercisable as of December 31, 2019 were as follows:


Non-Qualified Stock Options	Options Outstanding								Options Exercisable
	Shares	Remaining Contractual Life (yrs)*				Exercise Price*	Shares		Exercise Price*
Range of Exercise Price

$26.45 - $42.70	1,300		1.36	26.45		1,300	26.45
$49.44 - $83.99	4,000		4.37	$	53.51	4,000	$	53.51
Total	5,300					5,300

*Weighted Averages