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(Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Activity
The following table summarizes activity during 2019 with respect to RSUs (shares in thousands):
 
 
PBRSUs
 
Weighted-Average Grant Date
Fair Value
 
MBRSUs
 
Weighted-Average Grant Date
Fair Value
Outstanding at December 31, 2018
 
405

 
$
20.92

 
270

 
$
12.46

Granted
 
335

 
$
20.40

 
114

 
$
14.75

Vested
 
(89
)
 
$
18.93

 

 
$

Forfeited
 
(57
)
 
$
19.44

 
(97
)
 
$
12.68

Outstanding at December 31, 2019
 
594

 
$
21.07

 
287

 
$
13.29


The following table summarizes activity during 2019 with respect to restricted shares (shares in thousands):
 
Restricted
Shares
 
Weighted-Average Grant Date
Fair Value
Outstanding at December 31, 2018
725

 
$
21.03

Granted
425

 
$
20.46

Forfeited
(20
)
 
$
21.13

Vested
(234
)
 
$
19.07

Outstanding at December 31, 2019
896

 
$
21.27


Schedule of Assumptions The Company's assumptions used as inputs into the valuation process are based on the expected life, which matches the applicable vesting period.
The following weighted-average assumptions were used as inputs into the valuation of the MBRSUs granted during the fiscal years indicated:
 
2019
 
2018
 
2017
Weighted-average grant date fair value
$
14.75

 
$
13.87

 
$
10.63

Assumptions used to compute fair value :
 
 
 
 
 
Volatility
28.6
%
 
27.3
%
 
27.2
%
Risk free interest rate
2.5
%
 
2.3
%
 
1.6
%
Expected life
3 years

 
3 years

 
3 years

Expected dividend yield
2.9
%
 
2.8
%
 
2.6
%

Schedule of Stock Options Activity with respect to stock options (shares in thousands):
 
Shares under
Options
 
Weighted-
Average
Exercise Price
 
Weighted- Average Remaining Contractual Life (years)
 
Aggregate
Intrinsic Value
Outstanding at December 31, 2018
20

 
$
22.59

 

 


Granted
90

 
20.44

 
 
 
 
Outstanding at December 31, 2019
110

 
$
20.83

 
8.1
 
$
0.1

Exercisable at December 31, 2019
20

 
$
22.59

 
3.6
 
$
0.1