XML 70 R57.htm IDEA: XBRL DOCUMENT v3.22.4
EQUITY-BASED COMPENSATION PLAN (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Range of Exercise Prices and Weighted Average Remaining Contractual Life
The activity in outstanding options for 2022, 2021, and 2020 is set forth below:
Year Ended December 31,
202220212020
Number
Of
Options
Weighted
Average
Exercise
Price
Number
Of
Options
Weighted
Average
Exercise
Price
Number
Of
Options
Weighted
Average
Exercise
Price
Beginning of year338,494 $15.76 481,444 $15.10 634,294 $14.60 
Options exercised(103,544)14.34 (140,850)13.51 (119,500)12.36 
Options forfeited— — (2,100)16.55 (33,350)15.42 
End of year234,950 $16.38 338,494 $15.76 481,444 $15.10 
The following table summarizes the range of exercise prices and the weighted average remaining contractual life of the options outstanding at December 31, 2022:
OutstandingExercisable
Range of Exercise PricesNumber of
Options
Weighted
Average
Exercise Price
Weighted
Average
Contract Life
Remaining
(Years)
Number of
Options
Weighted
Average
Exercise Price
14.09 to 16.90
139,700 15.66 1.1139,700 15.66 
16.91 to 19.71
95,250 17.44 1.695,250 17.44 
234,950 $16.38 1.3234,950 $16.38 
Aggregate Intrinsic Value$2,626,986 $2,626,986 
Schedule of Restricted Stock Unit Activity under the Omnibus Plan
The following table summarizes the activity in restricted units under the Omnibus Plan for 2022, 2021 and 2020:
Year Ended December 31,
202220212020
Restricted
Units
Weighted
Average
Grant Date
Fair Value
Restricted
Units
Weighted
Average
Grant Date
Fair Value
Restricted
Units
Weighted
Average
Grant Date
Fair Value
Beginning of year511,740 $19.35 529,770 $15.58 379,150 $15.32 
Restricted units granted178,281 27.89 205,440 18.76 257,850 16.82 
Restricted units lapsed(277,866)17.08 (218,188)13.85 (102,525)14.74 
Restricted units forfeited(3,323)22.89 (5,282)19.38 (4,705)15.93 
End of year408,832 $22.27 511,740 $19.35 529,770 $15.58