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Stock-Based Compensation Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2020

Stock-Based Compensation [Abstract]

Stock-based compensation expense [Table Text Block]

Stock-based compensation expense for the years ended December 31, 2020, 2019 and 2018 is as follows:

			Year Ended December 31,
(In thousands)			2020						2019						2018
Stock options			$	1,878					$	1,273					$	1,388
Restricted share units			10,406						5,685						4,573
Total stock-based compensation expense			12,284						6,958						5,961
Tax benefit recognized in the statements of earnings			3,062						1,562						1,739
Stock-based compensation expense, net of tax			$	9,222					5,396						$	4,222

Stock option activity [Table Text Block]

Information with respect to stock option activity related to the Plans for the year ended December 31, 2020 follows:

			Equity Awards Outstanding						Weighted Average Exercise Price						Weighted Average Remaining Contractual Life						Aggregate Intrinsic Value (In thousands)
Balance outstanding at January 1, 2020			1,834,862						$	21.70
Granted			463,124						25.32
Exercised			(496,018)						20.63
Forfeited			(97,863)						20.03
Expired			(45,940)						29.63
Balance outstanding at December 31, 2020			1,658,165						$	22.91					6.39						$	25,957
Exercisable at December 31, 2020			752,200						$	25.96					3.97						$	9,345

Weighted average fair values of options granted [Table Text Block]

The weighted average fair values of the options granted under the Plans were calculated using the Black-Scholes method. The weighted average grant date fair value and weighted average assumptions used in the option pricing models are as follows: 

			Year Ended December 31,
			2020						2019						2018
Weighted average grant date fair value			$	7.28					$	8.92					$	3.80
Weighted average risk free interest rate			0.93		%				2.07		%				2.51		%
Weighted average expected dividend yield			4.75		%				1.28		%				—		%
Weighted average expected volatility			49.44		%				50.93		%				49.58		%
Weighted average expected life (in years)			4.62						4.63						4.63

Nonvested restricted stock units activity [Table Text Block]

Information with respect to non-vested restricted stock unit activity follows:

			Restricted Awards Outstanding						Weighted Average Grant Date Fair Value
Balance outstanding at January 1, 2020			1,570,400						$	14.38
Granted			600,449						27.79
Vested			(667,233)						10.18
Forfeited			(119,665)						18.98
Balance outstanding at December 31, 2020			1,383,951						$	20.09

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- Definition

Stock Based Compensation.

+ References

No definition available.

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- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
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Tabular disclosure of the changes in outstanding nonvested restricted stock units.

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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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