Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2019

Stock-Based Compensation

Schedule of Share-based Payment Award, Stock Appreciation Rights, Valuation Assumptions

The weighted-average assumptions were as follows for the years ended December 31:

	2019			2018		2017
Expected life (in years)		7			7		6
Expected volatility		32	%		35		37
Expected dividend yield		3.3			1.9		2.1
Risk-free interest rate		2.6			2.6		2.1

Schedule of Share-based Compensation, Stock Appreciation Rights Award Activity

	2019				2018				2017
SARs (in thousands, except per share data)	Number of SARs		Weighted-    Average Grant    Price Per Share		Number of SARs		Weighted-    Average Grant    Price Per Share		Number of SARs		Weighted-    Average Grant     Price Per Share
Outstanding at January 1		26,196	$	17.30		31,929	$	17.22		40,041	$	18.30
Granted		399		26.72		272		33.15		3,672		26.52
Exercised		(4,829)		13.34		(5,058)		16.96		(6,953)		16.00
Forfeited or expired		(317)		23.47		(947)		20.93		(4,831)		35.08
Outstanding at December 31		21,449	$	18.38		26,196	$	17.30		31,929	$	17.22
Exercisable at December 31		18,249	$	17.50		20,132	$	15.90		21,403	$	15.30

Outstanding and Exercisable SARs by Grant Price

The following table summarizes outstanding and exercisable SARs by grant price per share at December 31, 2019:

	Outstanding SARs						Exercisable SARs
SARs (in thousands, except per share data)	Number of SARs		Weighted-    Average Grant    Price Per Share		Weighted- Average Remaining Contractual Life (in years)		Number of SARs		Weighted-    Average Grant    Price Per Share		Weighted- Average Remaining Contractual Life (in years)
$10.01-$20.00		15,944	$	16.12		3.7		14,694	$	16.00		3.5
$20.01-$30.00		5,236		24.50		6.1		3,464		23.44		5.3
$30.01-$40.00		269		33.15		8.0		91		33.15		7.9
All SARs		21,449	$	18.38		4.4		18,249	$	17.50		3.9

Schedule of Share-Based Compensation, RSAs

	2019					2018					2017
RSAs (in thousands, except per share data)	Shares			Weighted-Average   Grant-Date   Fair Value   Per Share		Shares			Weighted-Average   Grant-Date   Fair Value   Per Share		Shares			Weighted-Average   Grant-Date   Fair Value   Per Share
Outstanding at January 1		868		$	19.18		2,321		$	19.72		4,638		$	19.44
Granted		-			-		-			-		7			21.14
Assumed		11			25.48		-			-		-			-
Released		(867	)		18.91		(1,347	)		20.09		(2,063	)		19.10
Forfeited		(12	)		19.01		(106	)		19.40		(261	)		19.75
Outstanding at December 31		-		$	25.48		868		$	19.18		2,321		$	19.72

Schedule of Share-Based Compensation, RSUs

	2019					2018					2017
RSUs (in thousands, except per unit data)	Units			Weighted-Average   Grant-Date   Fair Value   Per Unit		Units			Weighted-Average   Grant-Date   Fair Value   Per Unit		Units			Weighted-Average     Grant-Date     Fair Value     Per Unit
Outstanding at January 1		8,020		$	27.04		6,986		$	22.25		5,086		$	17.84
Granted		4,375			26.68		3,674			32.84		3,652			26.71
Assumed		1,476			25.48		-			-		-			-
Released		(2,951	)		24.76		(1,977	)		21.15		(1,194	)		17.64
Forfeited		(914	)		27.41		(663	)		26.45		(558	)		21.02
Outstanding at December 31		10,006		$	27.30		8,020		$	27.04		6,986		$	22.25

Unvested RSUs by Grant-Date Fair Value

The following table summarizes outstanding RSUs by grant-date fair value per unit at December 31, 2019:

	Outstanding RSUs
RSUs (in thousands)	Units		Weighted-Average       Remaining     Contractual Life   (in years)
$15.01-$20.00		870		0.7
$20.01-$25.00		243		0.5
$25.01-$30.00		6,477		1.2
$30.01-$35.00		2,416		1.6
All RSUs		10,006		1.2

Schedule of Share-based Compensation, Stock Options, Activity

	2019				2018				2017
Stock Options (in thousands, except per share data)	Number of Options		Weighted-Average Exercise Price Per Share		Number of Options		Weighted-Average Exercise Price Per Share		Number of Options		Weighted-Average  Exercise Price  Per Share
Outstanding at January 1		-	$	-		2	$	16.50		25	$	19.17
Assumed		2,120		19.34		-		-		-		-
Exercised		(660)		17.36		(1)		8.59		(18)		14.05
Forfeited or expired		(79)		22.18		(1)		24.41		(5)		40.98
Outstanding at December 31		1,381	$	20.15		-	$	-		2	$	16.50
Exercisable at December 31		1,162	$	19.17		-	$	-		2	$	16.50

Schedule of Outstanding And Exercisable Stock Options Exercise Price

The following table summarizes outstanding and exercisable stock options by exercise price per share at December 31, 2019:

	Outstanding Stock Options						Exercisable Stock Options
Stock Options (in thousands, except per share data)	Number of Options		Weighted-     Exercise Price Per Share		Weighted- Average Contractual Life (in years)		Number of Options		Weighted-    Exercise Price Per Share		Weighted- Average Contractual Life (in years)
Under $10.00		9	$	8.62		6.7		7	$	8.52		6.7
$10.01-$20.00		884		17.04		3.5		811		16.91		3.3
$20.01-$30.00		488		25.98		4.4		344		26.14		2.7
All stock options		1,381	$	20.15		3.8		1,162	$	19.17		3.2