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Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2021

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Option Grant Fair Value Assumptions

The fair value of option grants is estimated on the grant date using the Black-Scholes option-pricing model with the following weighted-average assumptions for option grants during the periods indicated below:

		Nine Months Ended September 30,
		2021				2020
Expected volatility			47.83	%			44.99	%
Expected dividends			2.63	%			0.00	%
Expected term (in years)			6.0				6.0
Risk-free rate			0.64	%			0.70	%

Summary of Company's Stock Option Plan Activity

The following table summarizes the stock option activity for the nine months ended September 30, 2021:

In thousands, except per share amounts		Number of Shares				Weighted-Average Exercise Price Per Share				Weighted-Average Remaining Contractual Life (Years)				Aggregate Intrinsic Value
Options outstanding at January 1, 2021			908			$	19.73
Granted			137				30.44
Exercised			(415	)			19.73
Forfeited			—				—
Expired			(3	)			16.30
Options outstanding at September 30, 2021			627			$	22.09				6.6			$	22,622
Options exercisable at September 30, 2021			371			$	19.47				5.0			$	14,355

Summary of Additional Stock Option Information

The following table provides additional stock option information for the periods indicated:

		Three Months Ended September 30,								Nine Months Ended September 30,
In thousands, except per share amounts		2021				2020				2021				2020
Weighted-average grant date fair value per share		$	—			$	6.82			$	10.52			$	7.56
Intrinsic value of options exercised		$	2,634			$	—			$	10,026			$	219
Fair value of stock options that vested		$	8			$	33			$	8			$	385

Summary of RSU Activity

The following table summarizes RSU activity during the nine months ended September 30, 2021:

In thousands, except per unit amounts		Units				Weighted-Average Grant Date Fair Value Per Unit
Non-vested units at January 1, 2021			124			$	21.89
Granted (target)			45				30.22
Achieved performance adjustment (1)			2				28.25
Vested			(42	)			28.25
Forfeited			—				—
Non-vested units at September 30, 2021			129			$	22.84

(1) The 2018 LTIP RSUs were earned and vested at 105.6% of target, as described in greater detail in the Company’s definitive proxy statement filed with the SEC on April 16, 2021.

Summary of Additional RSU Information

The following table provides additional RSU information for the periods indicated:

		Three Months Ended September 30,								Nine Months Ended September 30,
In thousands, except per unit amounts		2021				2020				2021				2020
Weighted-average grant date fair value per unit		$	—			$	—			$	30.22			$	15.86
Fair value of RSUs that vested		$	—			$	—			$	1,199			$	1,314

Summary of RSA Activity

The following table summarizes RSA activity during the nine months ended September 30, 2021:

In thousands, except per share amounts		Shares				Weighted-Average Grant Date Fair Value Per Share
Non-vested shares at January 1, 2021			266			$	19.34
Granted			175				33.19
Vested			(72	)			17.15
Forfeited			(14	)			23.60
Non-vested shares at September 30, 2021			355			$	26.44

Summary of Additional RSA Information

The following table provides additional RSA information for the periods indicated:

		Three Months Ended September 30,								Nine Months Ended September 30,
In thousands, except per share amounts		2021				2020				2021				2020
Weighted-average grant date fair value per share		$	53.61			$	17.65			$	33.19			$	18.79
Fair value of RSAs that vested		$	179			$	235			$	1,231			$	1,356

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