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Share-Based Payments (Tables)
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Shares Available for Grant and Stock Option Activity
Three Months Ended
June 30, 2022June 30, 2021
OfficersDirectorsOfficersDirectors
SARs— — — — 
RSUs— 3,710 — — 
PSUs— — — — 

Six Months Ended
June 30, 2022June 30, 2021
OfficersDirectorsOfficersDirectors
SARs— — — — 
RSUs— 3,710 — — 
PSUs— — — — 
A summary of awards by type and related activity is detailed below.
  Stock Options Outstanding
Shares
Available
For Grant
SharesWeighted-
Average
Exercise
Price
Stock Options:   
Balance at January 1, 2022291,000 — $— 
Exercised— — $— 
Forfeited— — $— 
Expired— — $— 
Stock options granted— — $— 
Balance at June 30, 2022291,000 — $— 
Schedule of Activity
 Liability Awards
SARRSUPSU
Other Share/Unit Awards:
Balance at January 1, 2022186,994 18,955 24,485 
Exercised(209)(353)(4,213)
Forfeited(3,985)(668)(805)
Granted— 3,710 — 
Balance at June 30, 2022182,800 21,644 19,467 
Schedule of Information About Stock Options and SARs Outstanding
The following table summarizes information about SARs outstanding at June 30, 2022.

 SARs Outstanding
Number OutstandingWeighted-
Average
Remaining
Contractual Life
Number
Exercisable
Exercise prices:   
$210.2222,750 1.4 years22,750 
$216.4811,086 3.6 years11,086 
$311.169,295 4.5 years9,295 
$310.55203 4.8 years203 
$334.348,880 5.3 years8,880 
$303.7710,764 6.2 years10,764 
$252.9118,444 7.3 years12,408 
$192.1038,706 8.4 years12,981 
$218.4462,672 9.5 years— 
Totals182,800  88,367 
   
Aggregate intrinsic value (in thousands)$410  $138 
Schedule of Assumptions Employed Using Black-Scholes Option Pricing Model
In estimating the fair value of the SARs outstanding at June 30, 2022 and December 31, 2021, the Company employed the Black-Scholes option pricing model with assumptions detailed below.

June 30,
2022
December 31,
2021
Expected term
1.4 to 9.5 years
1.9 to 10.0 years
Expected volatility weighted-average34.85 %35.05 %
Expected dividend yield0.18 %0.17 %
Risk-free rate weighted-average2.96 %1.01 %