XML 143 R49.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Stock Options and Other Equity-Based Incentive Instruments (Tables)
 12 Months Ended
Dec. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Option Activity he following table for the dates indicated:
Number of
Shares		Option Price
per Share		Weighted
Average
Exercise
Price
Outstanding at January 1, 2018446,400  
$12.63 to $23.21
$16.84  
Options granted—  —  —  
Options exercised(100,400) 
$12.63 to $23.21
$16.97  
Options forfeited(3,000) 
$23.21
$23.21  
Outstanding at December 31, 2018343,000  
$12.63 to $23.21
$16.67  
Options granted—  —  —  
Options exercised(182,500) 
$12.63 to $19.46
$16.00  
Options forfeited—  —  $—  
Outstanding at December 31, 2019160,500  
$12.63 to $23.21
$17.60  
Summary of Options Outstanding
The following table shows the number, weighted-average exercise price, intrinsic value, and weighted average remaining contractual life of options exercisable, options not yet exercisable and total options outstanding as of December 31, 2019:
Currently
Exercisable		Currently Not
Exercisable		Total
Outstanding
Number of options160,500  —  160,500  
Weighted average exercise price$17.60  $—  $17.60  
Intrinsic value (in thousands)$3,726  $—  $3,726  
Weighted average remaining contractual term (yrs.)2.7502.75
Information about Options
The following table shows the total intrinsic value of options exercised, the total fair value of options vested, total compensation costs for options recognized in income, total tax benefit and excess tax benefits recognized in income related to compensation costs for options during the periods indicated:
 Year Ended December 31,
 201920182017
Intrinsic value of options exercised$4,169,000  $2,109,000  $2,657,000  
Fair value of options that vested$—  $75,000  $259,000  
Total compensation costs for options recognized in expense$—  $75,000  $259,000  
Total tax benefit recognized in income related to compensation costs for options$—  $22,000  $109,000  
Excess tax benefit recognized in income$1,233,000  $623,000  $600,000  
Restricted Stock Unit (RSU) Activity
Restricted stock unit activity is summarized in the following table for the dates indicated:
 Service Condition Vesting RSUsMarket Plus Service Condition
Vesting RSUs
 Number
of RSUs		Weighted Average
Fair Value on
Date of Grant		Number of
RSUs		Weighted Average
Fair Value on
Date of Grant
Outstanding at January 1, 201966,947  45,536  
RSUs granted35,273  $37.41  22,899  $31.60  
Additional market plus service condition RSUs vested—  7,414  
RSUs added through dividend credits1,314  —  
RSUs released through vesting(33,060) (22,237) 
RSUs forfeited/expired(1,877) (2,300) 
Outstanding at December 31, 201968,597  51,312  
Summary of Compensation Costs and Excess Tax Benefits for RSUs
The following table shows the compensation costs and excess tax benefits for RSUs recognized in income for the periods indicated:
 Year Ended December 31,
 201920182017
Total compensation costs recognized in income
Service condition vesting RSUs$1,161,237  $1,017,000  $895,000  
Market plus service condition vesting RSUs$493,000  $370,000  $432,000  
Excess tax benefit recognized in income
Service condition vesting RSUs$141,000  $104,000  $131,000  
Market plus service condition vesting RSUs$146,000  $191,000  $175,000