Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2020

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

The following table summarizes the compensation expense included in selling, general and administrative expenses in the Condensed Consolidated Statements of Earnings related to stock-based compensation plans:

	Three months ended				Nine months ended
	September 30,		September 30,		September 30,		September 30,
	2020		2019		2020		2019
Service-based RSUs	$	580	$	618	$	1,939	$	1,712
Performance-based RSUs		472		486		123		2,072
Cash-settled RSUs		67		53		102		166
Total	$	1,119	$	1,157	$	2,164	$	3,950
Income tax benefit		257		262		497		893
Net expense	$	862	$	895	$	1,667	$	3,057

Summary of Unrecognized Compensation Expense related to Non-Vested RSUs

The following table summarizes the unrecognized compensation expense related to non-vested RSUs by type and the weighted-average period in which the expense is to be recognized:

	Unrecognized
	Compensation		Weighted-
	Expense at		Average
	September 30, 2020		Period
Service-based RSUs	$	1,989		1.43
Performance-based RSUs		2,311		1.90
Total	$	4,300		1.68

Summary of Status of Plans

The following table summarizes the status of these plans as of September 30, 2020:

	2018 Plan		2014 Plan		2009 Plan		2004 Plan		Directors' Plan
Awards originally available		2,500,000		1,500,000		3,400,000		6,500,000	N/A
Performance-based options outstanding		—		—		—		—		—
Maximum potential RSU and cash settled awards outstanding		495,246		179,528		75,200		35,952		5,522
Maximum potential awards outstanding		495,246		179,528		75,200		35,952		5,522
RSUs and cash settled awards vested and released		36,471		—		—		—		—
Awards available for grant		1,968,283		—		—		—		—

Summary of Service-Based Restricted Stock Units

The following table summarizes the service-based RSU activity for the nine months ended September 30, 2020:

	Units			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2019		364,396		$	19.87
Granted		92,996			27.73
Vested and released		(91,762	)		22.76
Forfeited		(13,997	)		28.70
Outstanding at September 30, 2020		351,633		$	20.84
Releasable at September 30, 2020		185,974		$	14.63

Summary of Performance and Market Based RSUs

The following table summarizes the performance and market-based RSU activity for the nine months ended September 30, 2020:

	Units			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2019		217,229		$	27.73
Granted		126,521			28.37
Attained by performance		38,820			23.84
Released		(111,838	)		23.74
Forfeited		(40,673	)		29.34
Outstanding at September 30, 2020		230,059		$	28.94
Releasable at September 30, 2020		—		$	—

The following table summarizes each grant of performance awards outstanding at September 30, 2020.

Description	Grant Date	Vesting Year	Vesting Dependency	Target Units Outstanding		Maximum Number of Units to be Granted
2018 - 2020 Performance RSUs	February 8, 2018	2020	35% RTSR, 35% sales growth, 30% operating cash flow		22,082		44,164
2018 - 2020 Performance RSUs	February 16, 2018	2020	35% RTSR, 35% sales growth, 30% operating cash flow		31,820		63,640
2019 - 2021 Performance RSUs	February 7, 2019	2021	35% RTSR, 35% sales growth, 30% operating cash flow		50,456		100,912
2019 Supplemental Performance RSUs	February 7, 2019	2021	Succession Planning Targets		6,945		13,890
2020 - 2022 QTI Performance RSUs	September 24, 2019	2022	50% EBITDA growth, 50% Sales growth		1,750		3,500
2020 - 2022 Performance RSUs	February 6, 2020	2022	25% RTSR, 40% sales growth, 35% operating cash flow		63,006		126,012
Focus 2025 Performance RSUs	April 23, 2020	2024	Cumulative revenues of $750 million over a trailing four-quarter period		54,000		54,000
Total					230,059		406,118