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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Cash Proceeds Received from Share-based Payment Awards
 
 
Year Ended December 31,
 
 
2017
 
2016
 
2015
 
 
(Amounts in thousands)
Cash received from stock option exercises
 
$
2,162

 
$
1,632

 
2,111

Compensation cost, all share-based awards
 
60

 
142

 
5,208

Excess tax (expense) benefit, all share-based awards
 
(8
)
 
913

 
27

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table provides the assumptions used in the calculation of grant-date fair values of stock options awarded during 2013 based on the Black-Scholes option pricing model:
 
2013
Weighted-average grant-date fair value
$7.11
Expected volatility
33.16% - 33.18%
Weighted-average expected volatility
33.17%
Risk-free interest rate
0.88% - 1.60%
Expected dividend yield
5.40% - 5.76%
Expected term in months
72
Summary of Stock Option Activity
The following table presents a summary of the stock option activity under the Company’s plans for the year ended December 31, 2017:
 
Shares
 
Weighted-Average
Exercise Price
 
Weighted-Average
Remaining Contractual Term
(Years)
 
Aggregate
Intrinsic Value
(in 000’s)
Outstanding at January 1, 2017
85,500

 
$
47.52

 
 
 
 
Granted

 

 
 
 
 
Exercised
(43,000)

 
$
50.28

 
 
 
 
Canceled or expired

 
$

 
 
 
 
Outstanding at December 31, 2017
42,500

 
$
44.72

 
3.0
 
$
371

Exercisable at December 31, 2017
42,500

 
$
44.72

 
3.0
 
$
371

Schedule of Options Authorized under Stock Option Plans, by Exercise Price Range
The following table presents information regarding stock options outstanding at December 31, 2017:
 
Options Outstanding
 
Options Exercisable
Range of Exercise Prices
Number of
Options
 
Weighted-Average
Remaining
Contractual Life
(Years)
 
Weighted-
Average  Exercise
Price
 
Number of
Options
 
Weighted-
Average  Exercise
Price
$33.61-$45.30
27,500
 
4.5
 
$
42.64

 
27,500
 
$
42.64

$47.61-$50.35
15,000
 
0.3
 
$
48.52

 
15,000
 
$
48.52

Summary of Grants
The following table presents the restricted stock unit grants summary at December 31, 2017:
 
Grant Year
 
2016
 
2015
Three-year performance period ending December 31,
2018

 
2017

Vesting shares, target (net of forfeited)
83,250

 
85,750

Vesting shares, maximum (net of forfeited)
156,094

 
160,781

Summary of Vested And Unvested RSU
The following table presents a summary of restricted stock unit awards activity, based on target vesting, during the years indicated:
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
Shares
 
Weighted-
Average Fair
Value per Share
 
Shares
 
Weighted-
Average  Fair
Value per Share
 
Shares
 
Weighted-
Average  Fair
Value per Share
Outstanding at January 1
271,000

 
$
51.09

 
263,250

 
$
45.94

 
167,000

 
$
41.15

Granted

 

 
95,750

 
$
53.49

 
100,250

 
$
53.80

Vested
(82,000
)
 
$
45.17

 
(78,500
)
 
$
36.82

 

 

Forfeited/Canceled
(20,000
)
 
$
53.62

 
(9,500)

 
$
50.46

 
(4,000)

 
$
43.10

Expired

 

 

 

 

 

Outstanding at December 31
169,000

 
$
53.66

 
271,000

 
$
51.09

 
263,250

 
$
45.94