Equity (Tables)

12 Months Ended

Dec. 31, 2019

Restricted Shares Issued in Conjunction with Stock Plan

Restricted Shares issued for 2017 – 2019 in conjunction with the Stock Plan are presented in the following table:

Issuance Date	Shares	Aggregate Market Value (millions)
1/30/17	34,930	$1.6
1/29/18	37,510	$1.6
1/29/19	33,150	$1.6

Restricted Stock Units Issued

The equity portion of Restricted Stock Units activity during 2019 and 2018 in conjunction with the Stock Plan are presented in the following table:

Restricted Stock Units (Equity Portion)
	2019				2018
	Units		Weighted Average Stock Price		Units		Weighted Average Stock Price
Beginning Restricted Stock Units		61,789	$	38.25		52,224	$	36.22
Restricted Stock Units Granted		6,943	$	63.50		7,892	$	49.63
Dividend Equivalents Earned		1,632	$	58.15		1,673	$	47.85
Restricted Stock Units Settled		—		—		—		—
Ending Restricted Stock Units		70,364	$	41.20		61,789	$	38.25

Reconciliation of Basic and Diluted Earnings Per Share

The following table reconciles basic and diluted earnings per share (EPS).

(Millions except shares and per share data)	2019		2018		2017
Earnings Available to Common Shareholders	$	44.2	$	33.0	$	29.0
Weighted Average Common Shares Outstanding—Basic (000’s)		14,894		14,824		14,095
Plus: Diluted Effect of Incremental Shares (000’s)		6		5		7
Weighted Average Common Shares Outstanding—Diluted (000’s)		14,900		14,829		14,102
Earnings per Share—Basic and Diluted	$	2.97	$	2.23	$	2.06

Weighted Average Non Vested Restricted Shares Excluded from Computation of Earnings Per Share

The following table shows the number of weighted average non-vested restricted shares that were not included in the above computation of EPS because the effect would have been antidilutive.

	2019		2018		2017
Weighted Average Non-Vested Restricted Shares Not Included in EPS Computation		—		6,102		8,733