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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2014
Stock-Based Compensation [Abstract]  
Summary of Restricted Stock Activity

Following is a summary of the activity of the restricted stock:

   

Nine Months Ended

   

September 30, 2014

    Shares     Fair Value
Balance at December 31, 2013   58,649     $ 37.45
Granted   22,350     $ 58.96
Vested   (30,043 )   $ 35.33
Balance at September 30, 2014   50,956     $ 48.13
Summary of SARs Activity

Following is a summary of the activity of the Company's SARs program for the nine-month period ended September 30, 2014:

          Weighted-   Average   Aggregate
          Average   Remaining   Intrinsic
          Exercise   Contractual   Value
    Shares     Price   Term Years   (In thousands)
Outstanding at December 31, 2013   343,445     $ 32.01   7.33   $ 12,137
Granted   37,213     $ 61.64          
Exercised   (7,605 )   $ 34.77          
Outstanding at September 30, 2014   373,053     $ 34.91   6.84   $ 2,421
Exercisable at September 30, 2014   248,071     $ 29.40   6.01   $ 2,978
Summary of Non-vested SARs Activity

Following is a summary of the activity of the non-vested SARs during the nine-month period ended September 30, 2014:

          Weighted-Average
    Shares   Grant Date Fair Value
Non-vested at December 31, 2013   177,128     $ 37.11
Granted   37,213     $ 61.64
Vested   (89,359 )   $ 35.09
Non-vested at September 30, 2014   124,982     $ 45.85
Schedule of Assumptions used in SARs Granted

Following are the assumptions used to estimate the per-share fair value of SARs granted:

 

Nine Months Ended September 30,

  2014 2013
Risk-free interest rate 2.38 %   1.29 %
Expected life 7 yrs.     7 yrs.  
Expected volatility 28.11 %   28.72 %
Expected dividend yield 1.30 %   1.71 %