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Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Valuation Assumptions The fair value of the right (option) to purchase shares under the ESPP is estimated at the date of purchase with the four quarterly purchase dates using the following assumptions:
 
2020
Dividend yield
0.01
%
Expected volatility
48.63
%
Risk-free interest rate
1.54%,1.57%,1.57%,1.56%

Expected life (years)
0.25, 0.50, 0.75, 1.00


The fair value of the options granted were estimated on the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions:
 
2020
Dividend yield
1.67
%
Expected volatility
38.54
%
Risk-free interest rate
0.25
%
Expected holding period (years)
3.74

Black-Scholes value
$4.61

The fair values of the performance awards granted during the three months ended June 30, 2020 were determined by using the Monte-Carlo simulation pricing model with the following assumptions:
 
May 19, 2020
 
June 25, 2020
Performance period
May 19, 2020 - December 31, 2024

 
June 25, 2020 - December 31, 2024

Simulation period (years)
4.62

 
4.52

Share price at grant date
$15.79
 
$18.02
Expected volatility
34.54
%
 
36.24
%
Risk-free interest rate
0.33
%
 
0.29
%
Dividends Declared the six months ended June 30, 2019 and 2020, our Board declared the following dividends payable on the dates below (in thousands, except per share amounts):
2019
Per Share
 
Dollar Value
March 1st
$
0.075

 
$
1,360

June 1st
$
0.075

 
$
1,365

 
 
 
 
2020
Per Share
 
Dollar Value
March 1st
$
0.075

 
$
1,339

June 1st
$
0.075

 
$
1,343
Schedule of Accumulated Other Comprehensive Income
Our components of accumulated other comprehensive income are as follows (in thousands):
Three months ended June 30, 2020
 
 
 
 
Accumulated Other Comprehensive Income
March 31, 2020
 
$
—

Net unrealized gains associated with available-for-sale securities of the trusts
34,301

Reclassification of net unrealized gains activity attributable to the Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus
(34,301
)
Balance at June 30, 2020
$
—


Six months ended June 30, 2020
 
 
 
 
Accumulated Other Comprehensive Income
Balance at December 31, 2019
$
—

Net unrealized losses associated with available-for-sale securities of the trusts
(10,803
)
Reclassification of net unrealized losses activity attributable to the Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus
10,803

Balance at June 30, 2020
$
—