XML 68 R30.htm IDEA: XBRL DOCUMENT
v3.20.1

SHAREHOLDERS' EQUITY (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Stockholders' Equity Note [Abstract] |
Schedule of Weighted-Average Assumptions Used To Estimate the Fair Value of Options Granted | The following table presents the weighted-average assumptions used to estimate the fair value of options granted in 2019, 2018 and 2017:
| 2019 |  | 2018 |  | 2017
Expected annual dividend yield | 1.9 | % |  | 1.4 | % |  | 2.4 | %
Risk-free interest rate | 2.65 | % |  | 2.94 | % |  | 2.26 | %
Expected volatility | 50.4 | % |  | 48.0 | % |  | 48.9 | %
Expected life in years | 5.0 |  |  | 5.2 |  |  | 4.0 |
Schedule of Outstanding and Exercisable Options | The following table summarizes information concerning outstanding and exercisable options:
| Weighted Average
| 2019 |  | 2018 |  | 2017
| Shares |  | Weighted Avg. Exercise Price |  | Shares |  | Weighted Avg. Exercise Price |  | Shares |  | Weighted Avg. Exercise Price
Outstanding at beginning of year | 596,148 |  |  | $ | 11.64 |  |  | 1,001,300 |  |  | $ | 11.58 |  |  | 1,410,250 |  |  | $ | 12.57 |
Granted | 1,038,536 |  |  | $ | 15.76 |  |  | 17,550 |  |  | $ | 31.66 |  |  | 10,000 |  |  | $ | 24.36 |
Exercised | (224,750 | ) |  | $ | 8.92 |  |  | (400,203 | ) |  | $ | 12.18 |  |  | (138,450 | ) |  | $ | 13.49 |
Canceled or expired | (645,150 | ) |  | $ | 12.50 |  |  | (22,499 | ) |  | $ | 15.24 |  |  | (280,500 | ) |  | $ | 16.04 |
Outstanding at end of year | 764,784 |  |  | $ | 17.31 |  |  | 596,148 |  |  | $ | 11.64 |  |  | 1,001,300 |  |  | $ | 11.58 |
Options exercisable at year end | 227,598 |  |  |  |  |  | 341,515 |  |  |  |  |  | 588,802 |  |  |  |
Weighted average fair value per option granted during the year | $ | 9.16 |  |  |  |  |  | $ | 12.87 |  |  |  |  |  | $ | 10.69 |  |  |  |
Schedule of Options Vested and Exercisable or Nonvested, Expected to Vest (Nonvested Outstanding Less Expected Forfeitures) | The following table summarizes information about options vested and exercisable or non-vested that are expected to vest (non-vested outstanding less expected forfeitures) at December 31, 2019:
Range of Exercise Prices |  | Options outstanding and Exercisable |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Life |  | Aggregate Intrinsic Value (in millions)
$ | 5.00 |  | to | $ | 10.00 |  |  | 232,000 |  |  | $ | 6.23 |  |  | 6.28 |  | $ | 4.5 |
$ | 10.01 |  | to | $ | 15.00 |  |  | 10,000 |  |  | $ | 10.39 |  |  | 0.51 |  | 0.1 |
$ | 15.01 |  | to | $ | 20.00 |  |  | 92,285 |  |  | $ | 16.93 |  |  | 3.05 |  | 0.8 |
$ | 20.01 |  | to | $ | 25.00 |  |  | 430,499 |  |  | $ | 23.52 |  |  | 9.07 |  | 0.8 |
$ | 5.00 |  | to | $ | 25.00 |  |  | 764,784 |  |  | $ | 17.31 |  |  | 7.39 |  | $ | 6.2 |
Restricted Stock Award Activity | The following table reflects the activity for restricted stock awards, excluding the restricted stock issued to Directors (in millions, except shares data):
Year Granted |  | Shares Granted |  | Outstanding at December 31, 2019 |  | Rights to Cash Dividend |  | Other Participation Rights |  | Performance Award |  | Compensation Expense
|  |  |  |  |  |  |  |  |  |  |  | Year Ended December 31,
|  |  |  |  |  |  |  |  |  |  |  | 2019 |  | 2018 |  | 2017
2010 |  | 175,000 |  |  | — |  |  | Yes |  | None |  | No |  | $ | 0.0 |  |  | $ | 0.1 |  |  | $ | 0.1 |
2011 |  | 100,000 |  |  | — |  |  | Yes |  | None |  | No |  | 0.0 |  |  | 0.2 |  |  | 0.1 |
2012 |  | 50,000 |  |  | 15,000 |  |  | Yes |  | None |  | No |  | 0 (1) |  |  | 0 (1) |  |  | 0.1 |
2016 |  | 100,000 |  |  | — |  |  | Yes |  | None |  | No |  | 0 (1) |  |  | 0.1 |  |  | 0.2 |
2017 |  | 53,288 |  |  | — |  |  | Yes |  | None |  | No |  | 0.0 |  |  | 0 (1) |  |  | 0.1 |
2017 |  | 49,600 |  |  | — |  |  | Yes |  | None |  | Yes |  | 0.0 |  |  | 1.5 (2) |  |  | 0 (1) |
2018 |  | 5,117 |  |  | — |  |  | Yes |  | None |  | No |  | 0.0 |  |  | 0 (1) |  |  | 0.0 |
2019 |  | 30,251 |  |  | 30,251 |  |  | Yes |  | None |  | No |  | 0.3 |  |  | 0.0 |  |  | 0.0 |
2019 |  | 149,412 |  |  | 114,513 |  |  | Yes |  | None |  | Yes |  | 1.3 |  |  | 0.0 |  |  | 0.0 |
|  |  |  |  |  |  |  |  |  | Total |  | $ | 1.6 |  |  | $ | 1.9 |  |  | $ | 0.6 |
1 |  | less than $0.1 million of expense recorded
2 |  | As a result of the sale of the France business in August 2018 and terms of the performance award, compensation expense of $1.5 million and less than $0.1 million was recorded in discontinued operations for the year ended 2018 and 2017, respectively.
Schedule of Unvested Stock Options | The following table reflects the activity for all unvested stock options during 2019:
| Shares |  | Weighted Average Grant- Date Fair Value
Unvested at January 1, 2019 | 254,633 |  |  | $ | 4.73 |
Granted | 1,038,536 |  |  | $ | 9.16 |
Vested | (452,348 | ) |  | $ | 8.80 |
Forfeited | (303,635 | ) |  | $ | 5.62 |
Unvested at December 31, 2019 | 537,186 |  |  | $ | 9.38 |
Schedule of Repurchase Agreements | etails of the purchase was as follows:
Fiscal Month/Year |  | Total Number of Shares Purchased |  | Average Price Paid Per Share |  | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs |  | Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs
July 2018 |  | 232,550 |  | 38.96 |  | 232,550 |  | 1,767,450
Nonvested Restricted Stock Shares Activity | The following table reflects the activity for all unvested restricted stock during 2019:
| Shares |  | Weighted Average Grant- Date Fair Value
Unvested at January 1, 2019 | 132.484 |  |  | 14.31 |
Granted | 188.717 |  |  | 23.39 |
Vested | (133.725 | ) |  | 14.39 |
Forfeited | (14.881 | ) |  | 26.45 |
Unvested at December 31, 2019 | 172.595 |  |  | 23.14 |

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23309-112656 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
Name: | us-gaap_ScheduleOfTreasuryStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding and exercisable options that are fully vested and expected to vest. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAndExercisableTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration