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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Cash Proceeds Received from Share-based Payment Awards
The following table presents a summary of cash received, compensation costs recognized and excess tax expense (benefit), related to the Company's share-based awards:

 
 
Year Ended December 31,
 
 
2018
 
2017
 
2016
 
 
(Amounts in thousands)
Cash received from stock option exercises
 
$
358

 
$
2,162

 
$
1,632

Compensation cost, all share-based awards
 
145

 
60

 
142

Excess tax expense (benefit), all share-based awards
 
4

 
8

 
(913
)
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 these stock options based on the Black-Scholes option pricing model:

Weighted-average grant-date fair value
$
8.09

Expected volatility
33.18
%
Risk-free interest rate
2.62
%
Expected dividend yield
5.40
%
Expected term in months
72

Summary of Stock Option Activity
The following table presents a summary of the stock option activity for the year ended December 31, 2018:
 
Shares
 
Weighted-Average
Exercise Price
 
Weighted-Average
Remaining Contractual Term
(Years)
 
Aggregate
Intrinsic Value
(in 000’s)
Outstanding at January 1, 2018
42,500

 
$
44.72

 
 
 
 
Granted
80,000

 
$
43.01

 
 
 
 
Exercised
(8,000)

 
$
44.75

 
 
 
 
Canceled or expired
(15,000
)
 
$
48.52

 
 
 
 
Outstanding at December 31, 2018
99,500

 
$
42.77

 
7.9
 
$
890

Exercisable at December 31, 2018
19,500

 
$
41.78

 
3.2
 
$
194

Schedule of Options Authorized under Stock Option Plans, by Exercise Price Range
The following table presents information regarding stock options outstanding at December 31, 2018:
 
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-$42.46
7,000
 
0.7
 
$
35.48

 
7,000
 
$
35.48

$43.01-$45.30
92,500
 
8.5
 
$
43.32

 
12,500
 
$
45.30

Summary of Grants
The following table presents the RSU grants summary at December 31, 2018:
Grant year
2016

Three-year performance period ending December 31,
2018

Vesting shares, target (net of forfeited)
75,250

Vesting shares, maximum (net of forfeited)
141,094

Summary of Vested And Unvested RSU
The following table presents a summary of RSU awards activity, based on target vesting, during the years indicated:
 
Year Ended December 31,
 
2018
 
2017
 
2016
 
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
169,000

 
$
53.66

 
271,000

 
$
51.09

 
263,250

 
$
45.94

Granted

 
$

 

 
$

 
95,750

 
$
53.49

Vested

 
$

 
(82,000
)
 
$
45.17

 
(78,500
)
 
$
36.82

Forfeited/Canceled
(8,000
)
 
$
53.49

 
(20,000
)
 
$
53.62

 
(9,500
)
 
$
50.46

Expired
(85,750
)
 
$
53.80

 

 
$

 

 
$

Outstanding at December 31
75,250

 
$
53.51

 
169,000

 
$
53.66

 
271,000

 
$
51.09