XML 38 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1
Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Roll-forward of outstanding restricted stock grants issued
The following table represents a roll-forward of outstanding Restricted Stock and related activity during the years ended December 31, 2018 and 2017:
 
Shares
 
Weighted-Average
Grant Date Price
per Share
Outstanding Restricted Stock as of December 31, 2016
223,800

 
$
132.96

Grants issued
41,350

 
204.46

Grants vested
(65,500
)
 
98.81

Grants forfeited
(1,750
)
 
100.73

Outstanding Restricted Stock as of December 31, 2017
197,900

 
$
165.60

Grants issued
70,025

 
195.00

Grants vested
(32,450
)
 
82.30

Grants forfeited
(20,900
)
 
196.97

Outstanding Restricted Stock as of December 31, 2018
214,575

 
$
177.22

Expense recognition of deferred compensation
The recognition of compensation expense related to deferred compensation over the remaining vesting periods is as follows:
2019
 
2020
 
2021
 
2022
 
2023
 
Thereafter
 
Total
$
7,135,131

 
$
5,671,192

 
$
4,358,633

 
$
3,371,500

 
$
1,129,611

 
$
341,987

 
$
22,008,054

Schedule of Grants Issued and Grant Date Fair Value
The following table represents shares issued as part of our incentive compensation program during the years ended December 31, 2018, 2017, and 2016:
 
Shares Issued
 
Grant Date Value
December 31, 2018
20,153

 
$
4,109,197

December 31, 2017
19,219

 
3,892,424

December 31, 2016
21,940

 
3,879,431

Summary of company expenses attributable to the 401(k) Plan
The following table summarizes the Company’s expenses attributable to the 401(k) plan during the years ended December 31, 2018, 2017 and 2016:
 
Shares Issued
 
Company Contribution
December 31, 2018
11,967

 
$
2,231,735

December 31, 2017
8,478

 
1,710,785

December 31, 2016
9,466

 
1,738,287