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Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement, Noncash Expense [Abstract]

Summary of Option Activity

A summary of option activity as of December 31, 2021, 2020 and 2019, and changes during each year, is presented below:

		Shares				Weighted- Average Exercise Price				Weighted- Average Remaining Contractual Term		Aggregate Intrinsic Value
		(In thousands)										(In thousands)
Outstanding at December 31, 2018			1,294			$	8.60			8.1 years		$	667
Granted			591				9.70
Exercised			(111	)			5.91
Forfeited or expired			(80	)			9.24
Outstanding at December 31, 2019			1,694				9.13			7.9 years			3,969
Granted			660				8.73
Exercised			—				—
Forfeited or expired			(458	)			9.05
Outstanding at December 31, 2020			1,896				9.01			7.4 years			114
Granted			—				—
Exercised			—				—
Forfeited or expired			(278	)			8.90
Outstanding at December 31, 2021			1,618			$	8.99			6.5 years		$	143
Vested and Exercisable at December 31, 2021			1,208			$	9.02			6.0 years		$	80

Schedule of Weighted-Average Assumptions to Estimate Fair Value of Each Option

The fair value of each option was estimated on the date of grant using the Black-Scholes-Merton option-pricing formula, with the following weighted average assumptions. There were no stock options granted in 2021:

		2021				2020				2019
Expected dividend yield			—				3.02	%			3.80	%
Expected volatility			—				35.48	%			36.73	%
Risk-free interest rate			—				1.38	%			2.56	%
Expected term of options			—			7 years				7 years

Nonvested Performance Shares

A summary of the status of the Company's nonvested performance shares as of December 31, 2021, 2020 and 2019, and changes during each year, is presented below:

		Shares				Weighted-Average Grant-Date Fair Value
Nonvested at December 31, 2018			988,837			$	8.07
Granted			626,776				8.87
Vested			(214,824	)			8.49
Forfeited or unearned			(427,010	)			8.34
Nonvested at December 31, 2019			973,779				8.38
Granted			1,616,902				8.01
Vested			(224,681	)			8.33
Forfeited or unearned			(1,466,729	)			8.10
Nonvested at December 31, 2020			899,271				8.19
Granted			935,825				8.38
Vested			(507,191	)			8.85
Forfeited or unearned			(151,514	)			6.52
Nonvested at December 31, 2021			1,176,391			$	8.25

Restricted Shares

A summary of the status of the Company's restricted shares of CRD-A as of December 31, 2021, 2020 and 2019 and changes during each year, is presented below:

		Shares				Weighted-Average Grant-Date Fair Value
Nonvested at December 31, 2018			72,109			$	7.76
Granted			149,496				9.38
Vested			(108,610	)			9.04
Forfeited or unearned			(31,387	)			9.55
Nonvested at December 31, 2019			81,608				8.35
Granted			117,279				8.34
Vested			(119,327	)			8.52
Forfeited or unearned			—				—
Nonvested at December 31, 2020			79,560				8.08
Granted			94,654				9.03
Vested			(138,635	)			8.91
Forfeited or unearned			(10,579	)			8.99
Nonvested at December 31, 2021			25,000			$	7.23

X

- Definition

Tabular disclosure of the changes in outstanding nonvested performance-based units.

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-Topic 718
-SubTopic 10
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