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Stockholders' Equity | 12 Months Ended
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Dec. 31, 2022
Stockholders' Equity [Abstract] |
Stockholders' Equity | Note 18. Stockholders' Equity Capital Stock The Company's authorized capital stock consists of 100 million shares of common stock, par value $0.10 per share, of which 32,495,266 shares and 33,177,193 shares were outstanding at December 31, 2022 and 2021, respectively, and 1,000,000 shares of preferred stock, none of which were issued and outstanding. Cash Dividends Cash dividends of $6.5 million or $0.20 per common share were paid during 2022. In January 2023, a cash dividend of approximately $1.7 million or $0.05 per share, was declared, payable in the first quarter of 2023. Stock Award and Incentive Plan The Company’s 2015 Stock Award and Incentive Plan provides for grants of incentive and non-qualified stock options, restricted stock, restricted stock units, stock appreciation rights, stock awards and performance unit awards (the 2015 Stock Award and Incentive Plan, as amended, referred to herein as the “Plan” and together with its predecessor for awards granted prior to May 2015, the 2001 Stock Award and Incentive Plan, as amended and restated, the “Plans”). The Plans are administered by the Compensation Committee of the Board of Directors. Stock options granted under the Plans generally have a ten year term. The exercise price for stock options are at prices at or above the fair market value of the common stock on the date of the grant, and each award of stock options will vest ratably over a specified period, generally three years. The following table summarizes stock option and restricted stock unit activity for the Plans:
|  |  |  |  | Stock Options |  |  | Restricted Stock Units |
|  | Shares Available for Grant |  |  | Shares |  |  | Weighted Average Exercise Price per Share ($) |  |  | Shares |  |  | Weighted Average Exercise Price per Share ($) |
Balance January 1, 2020 |  |  | 529,042 |  |  |  | 1,227,620 |  |  | $ | 55.83 |  |  |  | 177,736 |  |  | $ | 62.40 |
Authorized |  |  | 1,300,000 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Granted |  |  | (394,290 | ) |  |  | 286,078 |  |  |  | 57.67 |  |  |  | 108,212 |  |  |  | 56.93 |
Exercised/vested |  |  | — |  |  |  | (93,099 | ) |  |  | 35.11 |  |  |  | (43,702 | ) |  |  | 66.07 |
Canceled |  |  | 97,494 |  |  |  | (57,233 | ) |  |  | 63.92 |  |  |  | (40,261 | ) |  |  | 65.42 |
Balance December 31, 2020 |  |  | 1,532,246 |  |  |  | 1,363,366 |  |  |  | 57.29 |  |  |  | 201,985 |  |  |  | 58.07 |
Granted |  |  | (358,078 | ) |  |  | 255,769 |  |  |  | 66.00 |  |  |  | 102,309 |  |  |  | 66.20 |
Exercised/vested |  |  | — |  |  |  | (251,195 | ) |  |  | 51.12 |  |  |  | (51,497 | ) |  |  | 60.40 |
Canceled |  |  | 94,602 |  |  |  | (37,938 | ) |  |  | 64.92 |  |  |  | (56,664 | ) |  |  | 60.98 |
Balance December 31, 2021 |  |  | 1,268,770 |  |  |  | 1,330,002 |  |  |  | 59.91 |  |  |  | 196,133 |  |  |  | 60.87 |
Granted |  |  | (341,187 | ) |  |  | 242,723 |  |  |  | 69.81 |  |  |  | 98,464 |  |  |  | 69.70 |
Exercised/vested |  |  | — |  |  |  | (121,992 | ) |  |  | 46.81 |  |  |  | (52,441 | ) |  |  | 58.92 |
Canceled |  |  | 152,877 |  |  |  | (87,315 | ) |  |  | 69.49 |  |  |  | (65,562 | ) |  |  | 61.00 |
Balance December 31, 2022 |  |  | 1,080,460 |  |  |  | 1,363,418 |  |  | $ | 62.22 |  |  |  | 176,594 |  |  | $ | 66.32 |

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI https://asc.fasb.org/topic&trid=2208762 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 6 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126731327&loc=SL126733271-114008 + Details
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