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Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2021

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Compensation Expense

The following table summarizes the compensation expense included in selling, general and administrative expenses in the Condensed Consolidated Statements of Earnings related to stock-based compensation plans:

		Three months ended
		March 31,				March 31,
		2021				2020
Service-based RSUs		$	686			$	580
Performance-based RSUs			494				(368	)
Cash-settled RSUs			39				16
Total		$	1,219			$	228
Income tax benefit			281				51
Net expense		$	938			$	177

Summary of Unrecognized Compensation Expense related to Non-Vested RSUs

The following table summarizes the unrecognized compensation expense related to non-vested RSUs by type and the weighted-average period in which the expense is to be recognized:

		Unrecognized
		Compensation				Weighted-
		Expense at				Average
		March 31, 2021				Period
Service-based RSUs		$	3,394				1.54
Performance-based RSUs			3,881				2.24
Total		$	7,275				1.91

Summary of Status of Plans

The following table summarizes the status of these plans as of March 31, 2021:

		2018 Plan				2014 Plan				2009 Plan				2004 Plan				Directors' Plan
Awards originally available			2,500,000				1,500,000				3,400,000				6,500,000			N/A
Maximum potential RSU and cash settled    awards outstanding			656,205				52,500				75,200				35,952				5,522
Maximum potential awards outstanding			656,205				52,500				75,200				35,952				5,522
RSUs and cash settled awards vested and released			96,136				—				—				—				—
Awards available for grant			1,747,659				—				—				—				—

Summary of Service-Based Restricted Stock Units

The following table summarizes the service-based RSU activity for the three months ended March 31, 2021:

		Units				Weighted Average Grant Date Fair Value
Outstanding at December 31, 2020			367,428			$	21.28
Granted			65,450				32.77
Vested and released			(61,342	)			28.48
Forfeited			(3,789	)			27.20
Outstanding at March 31, 2021			367,747			$	22.07
Releasable at March 31, 2021			194,974			$	15.22

Summary of Performance and Market Based RSUs

The following table summarizes the performance and market-based RSU activity for the three months ended March 31, 2021:

		Units				Weighted Average Grant Date Fair Value
Outstanding at December 31, 2020			225,559			$	28.97
Granted			69,872				33.98
Attained by performance			18,107				28.33
Released			(53,137	)			28.33
Forfeited			(24,622	)			27.02
Outstanding at March 31, 2021			235,779			$	30.75
Releasable at March 31, 2021			—			$	—

Schedule of Performance Awards Outstanding

The following table summarizes each grant of performance awards outstanding at March 31, 2021:

Description		Grant Date		Vesting Year		Vesting Dependency		Target Units Outstanding				Maximum Number of Units to be Granted
2019 - 2021 Performance RSUs		February 7, 2019		2021		35% RTSR, 35% sales growth, 30% operating cash flow			50,456				100,912
2019 Supplemental Performance RSUs		February 7, 2019		2021		Succession Planning Targets			6,945				13,890
2020 - 2022 QTI Performance RSUs		September 24, 2019		2022		50% EBITDA growth, 50% Sales growth			1,750				3,500
2020 - 2022 Performance RSUs		February 6, 2020		2022		25% RTSR, 40% sales growth, 35% operating cash flow			63,006				126,012
2021 - 2023 Performance RSUs		February 11, 2021		2023		25% RTSR, 40% sales growth, 35% operating cash flow			69,872				139,744
Focus 2025 Performance RSUs		April 23, 2020		2024		Cumulative revenues of $750 million over a trailing four-quarter period			43,750				43,750
Total									235,779				427,808

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