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Share-Based Payments (Tables) | 6 Months Ended
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Jun. 30, 2020
Share-based Payment Arrangement, Option [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Share-based Payment Arrangement, Activity [Table Text Block] | The weighted-average fair value of options granted and assumptions used to estimate their fair value during the six months ended June 30, 2020 were as follows (on a continuing basis):
| Six months ended
| June 30, 2020
Expected dividend yield | 1.1 | %
Expected stock price volatility | 24.1 | %
Weighted average risk-free interest rate | 1.5 | %
Expected life of options (years) | 5.9 |
Weighted average grant date fair value | $ | 14.79 |
The following tables summarize the Company’s employee stock option activity and related information on a continuing basis:
| Six months ended June 30, 2020
|  |  |  |  |  |  | Weighted-
|  |  | Weighted- |  |  |  | Average
|  |  | Average |  | Aggregate |  | Remaining
|  |  | Exercise |  | Intrinsic |  | Contractual
| Options |  | Price |  | Value |  | Term
Outstanding at December 31, 2019 | 417 |  |  | $ | 53 |  |  |  |  |
Granted | 36 |  |  | 66 |  |  |  |  |
Exercised | — |  |  | — |  |  |  |  |
Forfeited | (4 | ) |  | 60 |  |  |  |  |
Outstanding at June 30, 2020 | 449 |  |  | $ | 54 |  |  | $ | 247 |  |  | 3.9
Exercisable at June 30, 2020 | 317 |  |  | $ | 51 |  |  | $ | 1,379 |  |  | 3.3
| Six months ended
| June 30, 2020 |  | June 30, 2019
Share-based compensation for options | $ | 600 |  |  | $ | 829 |
Tax benefit for option compensation | $ | 153 |  |  | $ | 212 |
Unrecognized compensation cost for options | $ | 1,348 |  |  | $ | 2,316 |
Weighted average period over which unrecognized compensation will be recognized (years) | 1.6 |  |  |
The following tables summarize the Company’s employee stock option activity and related information on a discontinued basis:
| Six months ended June 30, 2020
|  |  |  |  |  |  | Weighted-
|  |  | Weighted- |  |  |  | Average
|  |  | Average |  | Aggregate |  | Remaining
|  |  | Exercise |  | Intrinsic |  | Contractual
| Options |  | Price |  | Value |  | Term
Outstanding at December 31, 2019 | 14 |  |  | $ | 52 |  |  |  |  |
Granted | — |  |  | — |  |  |  |  |
Exercised | — |  |  | — |  |  |  |  |
Forfeited | — |  |  | — |  |  |  |  |
Outstanding at June 30, 2020 | 14 |  |  | $ | 52 |  |  | $ | 37 |  |  | 3.3
Exercisable at June 30, 2020 | 12 |  |  | $ | 52 |  |  | $ | 41 |  |  | 3.2
| Six months ended
| June 30, 2020 |  | June 30, 2019
Share-based compensation for options | $ | 11 |  |  | $ | 21 |
Tax benefit for option compensation | $ | 3 |  |  | $ | 5 |
Unrecognized compensation cost for options | $ | 11 |  |  | $ | 42 |
Weighted average period over which unrecognized compensation will be recognized (years) | 0.6 |  |  |
Employee Non-vested Shares [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block] | The following tables summarize the Company’s employee non-vested share activity and related information on a continuing basis:
| Six months ended June 30, 2020
|  |  | Weighted- |  |
|  |  | Average |  | Aggregate
| Non-vested |  | Grant Date |  | Grant Date
| Shares |  | Fair Value |  | Fair Value
Outstanding and non-vested at December 31, 2019 | 264 |  |  | $ | 58 |  |  |
Granted | 111 |  |  | 66 |  |  |
Vested | (140 | ) |  | 57 |  |  |
Forfeited | (13 | ) |  | 62 |  |  |
Outstanding and non-vested at June 30, 2020 | 222 |  |  | $ | 63 |  |  | $ | 13,964 |
| Six months ended
| June 30, 2020 |  | June 30, 2019
Share-based compensation for non-vested shares | $ | 3,727 |  |  | $ | 3,960 |
Tax benefit for non-vested share compensation | $ | 950 |  |  | $ | 1,010 |
Unrecognized compensation cost for non-vested shares | $ | 11,019 |  |  | $ | 12,635 |
Weighted average period over which unrecognized compensation will be recognized (years) | 2.0 |  |  |
The following tables summarize the Company’s employee non-vested share activity and related information on a discontinued basis:
| Six months ended June 30, 2020
|  |  | Weighted- |  |
|  |  | Average |  | Aggregate
| Non-vested |  | Grant Date |  | Grant Date
| Shares |  | Fair Value |  | Fair Value
Outstanding and non-vested at December 31, 2019 | 13 |  |  | $ | 58 |  |  |
Granted | 6 |  |  | 63 |  |  |
Vested | (8 | ) |  | 58 |  |  |
Forfeited | — |  |  | — |  |  |
Outstanding and non-vested at June 30, 2020 | 11 |  |  | $ | 61 |  |  | $ | 678 |
| Six months ended
| June 30, 2020 |  | June 30, 2019
Share-based compensation for non-vested shares | $ | 201 |  |  | $ | 182 |
Tax benefit for non-vested share compensation | $ | 51 |  |  | $ | 46 |
Unrecognized compensation cost for non-vested shares | $ | 552 |  |  | $ | 557 |
Weighted average period over which unrecognized compensation will be recognized (years) | 2.1 |  |  |
Key Employee Performance Share Based Plan [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Share-based Compensation Arrangements by Share-based Payment Award, Performance-Based Units, Vested and Expected to Vest [Table Text Block] | The fair value of the performance shares granted based on the three-year performance of the Company’s total shareholder return was estimated using a Monte Carlo simulation. The following table contains the weighted-average assumptions, on both a continuing and discontinued basis, used to estimate the fair value of performance shares granted using the Monte Carlo simulation. These assumptions are subjective and changes in these assumptions can materially affect the fair value estimate.
| Six months ended
| June 30, 2020 |  | June 30, 2019
Expected stock price volatility | 23.5 | % |  | 23.4 | %
Weighted average risk-free interest rate | 1.4 | % |  | 2.5 | %
The following tables summarize the Company’s employee performance share activity, assuming median share awards, and related information on a continuing basis:
| Six months ended June 30, 2020
|  |  | Weighted- |  |
|  |  | Average |  | Aggregate
| Performance |  | Grant Date |  | Grant Date
| Shares |  | Fair Value |  | Fair Value
Outstanding and non-vested at December 31, 2019 | 58 |  |  | $ | 62 |  |  |
Granted | 38 |  |  | 69 |  |  |
Additional shares awarded based on performance | 13 |  |  | 51 |  |  |
Vested | (33 | ) |  | 51 |  |  |
Forfeited | (11 | ) |  | 66 |  |  |
Outstanding and non-vested at June 30, 2020 | 65 |  |  | $ | 68 |  |  | $ | 4,425 |
| Six months ended
| June 30, 2020 |  | June 30, 2019
Share-based compensation for performance shares | $ | 794 |  |  | $ | 682 |
Tax benefit for performance share compensation | $ | 202 |  |  | $ | 174 |
Unrecognized compensation cost for performance shares | $ | 2,837 |  |  | $ | 2,299 |
Weighted average period over which unrecognized compensation will be recognized (years) | 2.3 |  |  |
The following tables summarize the Company’s employee performance share activity, assuming median share awards, and related information on a discontinued basis:
| Six months ended June 30, 2020
|  |  | Weighted- |  |
|  |  | Average |  | Aggregate
| Performance |  | Grant Date |  | Grant Date
| Shares |  | Fair Value |  | Fair Value
Outstanding and non-vested at December 31, 2019 | 4 |  |  | $ | 62 |  |  |
Granted | 2 |  |  | 69 |  |  |
Additional shares awarded based on performance | 1 |  |  | 51 |  |  |
Vested | (2 | ) |  | 51 |  |  |
Forfeited | — |  |  | — |  |  |
Outstanding and non-vested at June 30, 2020 | 5 |  |  | $ | 66 |  |  | $ | 275 |
| Six months ended
| June 30, 2020 |  | June 30, 2019
Share-based compensation for performance shares | $ | 48 |  |  | $ | 35 |
Tax benefit for performance share compensation | $ | 12 |  |  | $ | 9 |
Unrecognized compensation cost for performance shares | $ | 165 |  |  | $ | 137 |
Weighted average period over which unrecognized compensation will be recognized (years) | 2.1 |  |  |
Employee Stock Purchase Plan [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity [Table Text Block] | The following table summarizes the Company's employee stock purchase activity and related information on a continuing basis:
| Six months ended
| June 30, 2020 |  | June 30, 2019
Shares purchased by participants under plan | 6 |  |  | 4 |
Average purchase price | $ | 45 |  |  | $ | 49 |
Weighted-average fair value of each purchase right under the ESPP granted ¹ | $ | 5 |  |  | $ | 10 |
Share-based compensation for ESPP shares | $ | 30 |  |  | $ | 46 |
¹ Equal to the discount from the market value of the common stock at the end of each six month purchase period
The following table summarizes the Company's employee stock purchase activity and related information on a discontinued basis:
| Six months ended
| June 30, 2020 |  | June 30, 2019
Shares purchased by participants under plan | 1 |  |  | 1 |
Average purchase price | $ | 45 |  |  | $ | 49 |
Weighted-average fair value of each purchase right under the ESPP granted ¹ | $ | 5 |  |  | $ | 10 |
Share-based compensation for ESPP shares | $ | 3 |  |  | $ | 6 |
¹ Equal to the discount from the market value of the common stock at the end of each six month purchase period
Nonemployee Director Nonvested Shares Granted Member |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block] | The following tables summarize the Company’s non-employee non-vested share activity and related information on a continuing basis:
| Six months ended June 30, 2020
|  |  | Weighted- |  |
|  |  | Average |  | Aggregate
| Non-vested |  | Grant Date |  | Grant Date
| Shares |  | Fair Value |  | Fair Value
Outstanding and non-vested at December 31, 2019 | 16 |  |  | $ | 62 |  |  |
Granted | 24 |  |  | 43 |  |  |
Vested | (16 | ) |  | 62 |  |  |
Forfeited | — |  |  | — |  |  |
Outstanding and non-vested at June 30, 2020 | 24 |  |  | $ | 43 |  |  | $ | 1,035 |
| Six months ended
| June 30, 2020 |  | June 30, 2019
Share-based compensation for non-vested shares | $ | 506 |  |  | $ | 483 |
Tax benefit for non-vested share compensation | $ | 129 |  |  | $ | 123 |
Unrecognized compensation cost for non-vested shares | $ | 896 |  |  | $ | 784 |
Weighted average period over which unrecognized compensation will be recognized (years) | 0.9 |  |  |

X
- Definition Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value. + 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=120381028&loc=d3e5070-113901 Reference 2: 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=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding performance-based awards that are fully vested and expected to vest. Includes, but is not limited to, unvested awards 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)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- 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
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