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Equity Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Equity Compensation Plans
The unamortized compensation cost of awards issued under the Incentive Plan and purchases under the Employee Stock Purchase Plan totaled $25 million at December 31, 2018, as shown in the following table.
Table 18.1 – Activities of Equity Compensation Costs by Award Type
 
 
Year Ended December 31, 2018
(In Thousands)
 
Restricted Stock
 
Deferred Stock Units
 
Performance Stock Units
 
Employee Stock Purchase Plan
 
Total
Unrecognized compensation cost at beginning of period
 
$
2,808

 
$
13,364

 
$
5,298

 
$

 
$
21,470

Equity grants
 
2,566

 
9,050

 
4,400

 
136

 
16,152

Equity grant forfeitures
 
(112
)
 

 

 

 
(112
)
Equity compensation expense
 
(1,690
)
 
(7,925
)
 
(2,637
)
 
(136
)
 
(12,388
)
Unrecognized Compensation Cost at End of Period
 
$
3,572

 
$
14,489

 
$
7,061

 
$

 
$
25,122

Restricted Stock Outstanding
The following table summarizes the activities related to restricted stock for the years ended December 31, 2018, 2017, and 2016.
Table 18.2 – Restricted Stock Awards Activities
 
Years Ended December 31,
 
2018
 
2017
 
2016
 
Shares
 
Weighted
Average
Grant Date
Fair Market
Value
 
Shares
 
Weighted
Average
Grant Date
Fair Market
Value
 
Shares
 
Weighted
Average
Grant Date
Fair Market
Value
Outstanding at beginning of period
257,507

 
$
15.23

 
204,515

 
$
14.27

 
187,180

 
$
18.22

Granted
173,413

 
14.73

 
134,364

 
16.52

 
144,056

 
11.89

Vested
(83,968
)
 
15.46

 
(61,928
)
 
14.97

 
(50,107
)
 
17.28

Forfeited
(7,470
)
 
15.05

 
(19,444
)
 
14.78

 
(76,614
)
 
18.01

Outstanding at End of Period
339,482

 
$
14.92

 
257,507

 
$
15.23

 
204,515

 
$
14.27

Deferred Stock Units Activity
The following table summarizes the activities related to DSUs for the years ended December 31, 2018, 2017, and 2016.
Table 18.3 – Deferred Stock Units Activities
 
Years Ended December 31,
 
2018
 
2017
 
2016
 
Units
 
Weighted
Average
Grant Date
Fair Market
Value
 
Units
 
Weighted
Average
Grant Date
Fair Market
Value
 
Units
 
Weighted
Average
Grant Date
Fair Market
Value
Outstanding at beginning of period
1,878,491

 
$
15.92

 
1,848,862

 
$
16.46

 
2,407,154

 
$
16.45

Granted
670,254

 
15.53

 
565,921

 
16.01

 
565,061

 
13.33

Distributions
(212,025
)
 
18.37

 
(504,417
)
 
18.09

 
(1,060,459
)
 
14.64

Forfeitures

 

 
(31,875
)
 
14.80

 
(62,894
)
 
18.66

Balance at End of Period
2,336,720

 
$
15.58

 
1,878,491

 
$
15.92

 
1,848,862

 
$
16.46

Summary of Activity Related to ESPP
The following table summarizes the activities related to the ESPP for the years ended December 31, 2018, 2017, and 2016.
Table 18.4 – Employee Stock Purchase Plan Activities
 
 
Years Ended December 31,
(In Thousands)
 
2018
 
2017
 
2016
Balance at beginning of period
 
$
4

 
$
3

 
$
18

Employee purchases
 
375

 
305

 
290

Cost of common stock issued
 
(373
)
 
(304
)
 
(305
)
Balance at End of Period
 
$
6

 
$
4

 
$
3

Summary of Activity Related to Executive Deferred Compensation Plan
The following table summarizes the cash account activities related to the EDCP for the years ended December 31, 2018, 2017, and 2016.
Table 18.5 – EDCP Cash Accounts Activities
 
 
Years Ended December 31,
(In Thousands)
 
2018
 
2017
 
2016
Balance at beginning of period
 
$
2,171

 
$
2,088

 
$
2,095

New deferrals
 
759

 
750

 
558

Accrued interest
 
82

 
58

 
53

Withdrawals
 
(528
)
 
(725
)
 
(618
)
Balance at End of Period
 
$
2,484

 
$
2,171

 
$
2,088