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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity The following table summarizes information about RSU activity related to the Equity Plan:
 
Number of Restricted
Stock Units
(In Thousands)
Weighted Average Grant Date Fair Value
(Per Share)
Non-vested at December 31, 2019254 $30.97 
Granted331 13.11 
Vested(120)24.28 
Forfeited(33)32.11 
Non-vested at December 31, 2020432 18.94 
Granted153 29.64 
Vested(115)23.51 
Forfeited(28)11.07 
Non-vested at December 31, 2021442 22.11 
Granted129 39.44 
Vested(110)30.00 
Forfeited(65)22.25 
Non-vested at December 31, 2022396 $25.53 
Schedule of Share Based Compensation Income Statement Impact From RSUs
The following table summarizes information about the income statement impact from RSUs for the Years Ended December 31, 2022, 2021 and 2020:
Years Ended December 31,
202220212020
Compensation expense$3,471 $3,544 $3,018 
Future income tax benefit recognized$927 $887 $1,025 
Schedule of Share Based Compensation Income Statement Impact From Stock Options
The following table summarizes information about the income statement impact from stock options for the years ended December 31, 2022, 2021 and 2020.
Years Ended December 31,
202220212020
Compensation expense$1,467 $1,410 $1,520 
Future income tax benefit recognized$1,033 $1,030 $441 
Schedule of Key Black-Scholes Assumptions
The fair value related to stock options granted was determined using Black-Scholes option pricing model and the weighted average assumptions are shown in the table below:
Years Ended December 31,
Key Black-Scholes Assumptions202220212020
Risk-free interest rate1.8%.8%1.2%
Expected term (years)666
Volatility40.2%35.6%32.2%
Dividend yield1.3%
Fair value per stock option$14.01$10.34$4.74
Summary of Stock Option Activity
The following table summarizes information about stock option activity related to the Equity Plan:
 Number of Shares
(In Thousands)
Weighted Average Exercise Price (Per Share)Weighted Average Remaining Contractual Term (Years)Aggregate Intrinsic Value
Outstanding at December 31, 2019491 33.28 8.22$— 
Exercisable at December 31, 2019156 $30.83 7.45$— 
Granted306 14.29 
Exercised— — 
Forfeited(38)35.53 
Expired— — 
Outstanding at December 31, 2020759 25.44 7.97$— 
Exercisable at December 31, 2020326 $32.16 6.84$— 
Granted160 29.21 
Exercised20 27.55 
Forfeited(33)21.29 
Expired— — 
Outstanding at December 31, 2021906 26.13 7.42$19,123 
Exercisable at December 31, 2021443 $29.42 6.54$7,895 
Granted123 39.13 
Exercised(69)24.23 
Forfeited(21)27.81 
Expired(56)30.94 
Outstanding at December 31, 2022883 27.97 6.81$8,870 
Exercisable at December 31, 2022578 $27.49 6.06$6,082 
Summary of Performance Stock Unit Activity The following table summarizes information about PSU activity related to the Equity Plan:
 
Number of Performance
Stock Units
(In Thousands)
Weighted Average Grant Date Fair Value
(Per Share)
Non-vested at December 31, 2019230 $30.03 
Granted248 13.99 
Vested(91)26.66 
Forfeited(40)35.72 
Non-vested at December 31, 2020347 20.77 
Granted128 29.21 
Vested(6)9.47 
Forfeited(65)32.25 
Non-vested at December 31, 2021404 20.04 
Granted101 41.63 
Vested(78)30.69 
Forfeited(32)22.30 
Non-vested at December 31, 2022395 $23.04 
Schedule of Share Based Compensation Income Statement Impact From PSUs The following table summarizes information about the income statement impact from PSUs for the year ended December 31, 2022, 2021 and 2020.
Years Ended December 31,
202220212020
Compensation expense$5,343 $6,345 $366 
Future income tax benefit recognized$840 $667 $327