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Equity (Tables)
12 Months Ended
Dec. 31, 2021
Table Text Block Supplement [Abstract]  
Restricted Shares Issued in Conjunction with Stock Plan
Restricted Shares issued for 2019 – 2021 in conjunction with the Stock Plan are presented in the following table:
 
Issuance Date
  
Shares
  
Aggregate
Market Value (millions)
1/29/19
   33,150    $1.6
1/28/20
   28,630    $1.8
7/28/20
   3,000    $0.1
1/26/21
   23,140    $0.9
Restricted Stock Units Issued
The equity portion of Restricted Stock Units activity during 2021 and 2020 in conjunction with the Stock Plan are presented in the following table:

 
Restricted Stock Units (Equity Portion)
 
 
  
2021
 
  
2020
 
 
  
Units
 
  
Weighted
Average
Stock
Price
 
  
Units
 
  
Weighted
Average
Stock
Price
 
Beginning Restricted Stock Units
  
 
43,192
 
  
$
41.34
 
     70,364      $ 41.20  
Restricted Stock Units Granted
  
 
4,519
 
  
$
43.35
 
     3,743      $ 39.26  
Dividend Equivalents Earned
  
 
1,471
 
  
$
46.34
 
     1,507      $ 47.34  
Restricted Stock Units Settled
  
 
 
  
$
 
     (32,422    $ 41.09  
    
 
 
             
 
 
          
Ending Restricted Stock Units
  
 
49,182
 
  
$
41.67
 
     43,192      $ 41.34  
    
 
 
             
 
 
          
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)
  
2021
    
2020
    
2019
 
Earnings Available to Common Shareholders
  
$
36.1
 
   $ 32.2      $ 44.2  
    
 
 
    
 
 
    
 
 
 
Weighted Average Common Shares Outstanding—Basic (000’s)
  
 
15,373
 
     14,951        14,894  
Plus: Diluted Effect of Incremental Shares (000’s)
  
 
3
 
     1        6  
    
 
 
    
 
 
    
 
 
 
Weighted Average Common Shares Outstanding—Diluted (000’s)
  
 
15,376
 
     14,952        14,900  
    
 
 
    
 
 
    
 
 
 
Earnings per Share—Basic and Diluted
  
$
2.35
 
   $ 2.15      $ 2.97  
    
 
 
    
 
 
    
 
 
 
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.
 
    
2021
    
2020
    
2019
 
Weighted Average
Non-Vested
Restricted Shares Not Included in EPS Computation
  
 
23,636
 
     42,813