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Equity Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Equity Compensation Plans

The unamortized compensation cost of awards issued under the Incentive Plan and purchases under the Employee Stock Purchase Plan totaled $32 million at December 31, 2019, as shown in the following table.

Table 18.1 – Activities of Equity Compensation Costs by Award Type

		Year Ended December 31, 2019
(In Thousands)		Restricted Stock Awards				Restricted Stock Units				Deferred Stock Units				Performance Stock Units				Employee Stock Purchase Plan				Total
Unrecognized compensation cost at beginning of period		$	3,498			$	74			$	14,489			$	7,061			$	—			$	25,122
Equity grants		—				4,233				11,230				5,275				173				20,911
Equity grant forfeitures		—				—				(303		)		—				—				(303		)
Equity compensation expense		(1,508		)		(773		)		(7,558		)		(3,390		)		(173		)		(13,402		)
Unrecognized Compensation Cost at End of Period		$	1,990			$	3,534			$	17,858			$	8,946			$	—			$	32,328

Restricted Stock Outstanding

The following table summarizes the activities related to RSUs for the years ended December 31, 2019, 2018, and 2017.

Table 18.3 – Restricted Stock Units Activities

	Years Ended December 31,
	2019							2018							2017
	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	4,876			$	15.38			—			$	—			—			$	—
Granted	270,297			15.66				4,876			15.38				—			—
Vested	—			—				—			—				—			—
Forfeited	—			—				—			—				—			—
Outstanding at End of Period	275,173			$	15.65			4,876			$	15.38			—			$	—

The following table summarizes the activities related to RSAs for the years ended December 31, 2019, 2018, and 2017.

Table 18.2 – Restricted Stock Awards Activities

	Years Ended December 31,
	2019							2018							2017
	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	334,606			$	14.92			257,507			$	15.23			204,515			$	14.27
Granted	—			—				168,537			14.71				134,364			16.52
Vested	(118,136	)		15.05				(83,968	)		15.46				(61,928	)		14.97
Forfeited	—			—				(7,470	)		15.05				(19,444	)		14.78
Outstanding at End of Period	216,470			$	14.85			334,606			$	14.92			257,507			$	15.23

Deferred Stock Units Activity

The following table summarizes the activities related to DSUs for the years ended December 31, 2019, 2018, and 2017.

Table 18.4 – Deferred Stock Units Activities

	Years Ended December 31,
	2019							2018							2017
	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	2,336,720			$	15.58			1,878,491			$	15.92			1,848,862			$	16.46
Granted	733,096			16.06				670,254			15.53				565,921			16.01
Distributions	(419,113	)		15.96				(212,025	)		18.37				(504,417	)		18.09
Forfeitures	(19,898	)		15.96				—			—				(31,875	)		14.80
Balance at End of Period	2,630,805			$	15.66			2,336,720			$	15.58			1,878,491			$	15.92

Summary of Activity Related to ESPP

The following table summarizes the activities related to the ESPP for the years ended December 31, 2019, 2018, and 2017.

Table 18.5 – Employee Stock Purchase Plan Activities

		Years Ended December 31,
(In Thousands)		2019				2018				2017
Balance at beginning of period		$	6			$	4			$	3
Employee purchases		524				375				305
Cost of common stock issued		(526		)		(373		)		(304		)
Balance at End of Period		$	4			$	6			$	4

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, 2019, 2018, and 2017.

Table 18.6 – EDCP Cash Accounts Activities

		Years Ended December 31,
(In Thousands)		2019				2018				2017
Balance at beginning of period		$	2,484			$	2,171			$	2,088
New deferrals		789				759				750
Accrued interest		68				82				58
Withdrawals		(887		)		(528		)		(725		)
Balance at End of Period		$	2,454			$	2,484			$	2,171

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