XML 65 R47.htm IDEA: XBRL DOCUMENT v3.10.0.1
Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]

The following table summarizes share-based compensation expense:
(in thousands)
2018
 
2017
 
2016
Performance stock units
$
2,067

 
$
2,451

 
$
2,477

Restricted stock units
1,211

 
898

 
850

Employee stock issuance - restricted stock

 
78

 
40

Employee stock purchase plan
174

 

 

Total share-based compensation expense
$
3,452

 
$
3,427

 
$
3,367

Outstanding Long Term Incentive Awards [Table Text Block]
Information related to the outstanding grants at December 31, 2018 is shown below:
(in thousands, except share and per share data)

2017 - 2019 Cycle
 
2018 - 2020 Cycle
Shares issuable at target
53,767

 
15,726

Maximum shares issuable
66,827

 
31,452

Unrecognized compensation cost
$
939

 
$
862

Weighted average grant date fair value
40.72

 
50.19

Summary of Employee Stock Option and SSARs Activity
Following is a summary of the employee stock option and SSAR activity for 2018.
(in thousands, except share and per share data)
Shares
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual Term
 
Aggregate
Intrinsic Value
Outstanding at December 31, 2017
106,130

 
$
13.37

 
 
 
 
Granted

 

 
 
 
 
Exercised
(65,480
)
 
15.37

 
 
 
 
Forfeited

 

 
 
 
 
Outstanding at December 31, 2018
40,650

 
$
10.14

 
1.6 years
 
$
1,118

Exercisable at December 31, 2018
40,650

 
$
10.14

 
1.6 years
 
$
1,118

Summary of Restricted Stock Units Activity
A summary of the status of the Company’s RSU awards as of December 31, 2018 and changes during the year then ended is presented below
 
Shares
 
Weighted Average
Grant Date
Fair Value
Outstanding at December 31, 2017
41,222

 
$
34.34

Granted
57,271

 
47.58

Vested
(28,720
)
 
31.04

Forfeited
(2,746
)
 
43.62

Outstanding at December 31, 2018
67,027

 
$
46.69

Stock Options and SSARs  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Various Information
Various information related to the stock options and SSARs is shown below.

(in thousands)
2018
 
2017
 
2016
Intrinsic value of option exercises on date of exercise
$
2,469

 
$
3,156

 
$
1,156

Cash received from the exercise of stock options

 
91

 
87

Restricted Stock Units (RSUs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Various Information
Various information related to the RSUs is shown below.

($ in thousands)
2018
 
2017
 
2016
Total fair value at vesting date
$
1,544

 
$
1,471

 
$
2,275

Total unrecognized compensation cost for nonvested stock units
2,175

 
837

 
1,084

Expected years to recognize unearned compensation
2.0 years

 
1.8 years

 
1.6 years

Stock Plan for Non-Management Directors  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Various Information
Various information related to the Director Plan is shown below.
(in thousands, except share and per share data)
2018
 
2017
 
2016
Shares granted
11,750

 
10,531

 
12,528

Weighted average fair value
$
50.74

 
$
42.46

 
$
31.25