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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of PSU Transactions



 

 

 

 

 

 



 

 

 

 

 

 



 

 

Number

 

Weighted



 

 

of

 

Average



 

 

Share Units

 

Fair Value

Nonvested share units at beginning of period

 

 

476,896 

 

$

27.96 

Granted

 

 

125,679 

 

 

30.79 

Performance criteria adjustment

 

 

(58,533)

 

 

27.78 

Forfeited

 

 

(10,046)

 

 

27.68 

Share units vested in prior period and issued in current period

 

 

32,400 

 

 

25.31 

Share units issued

 

 

(125,999)

 

 

36.37 

Nonvested share units at end of period

 

 

440,397 

 

$

26.20 



 

 

 

 

 

 



Summary Of RSU Transactions



 

 

 

 

 

 



 

 

 

 

 

 



 

 

Number

 

Weighted



 

 

of

 

Average



 

 

Stock Units

 

Fair Value

Nonvested stock units at beginning of period

 

 

109,273 

 

$

28.48 

Granted

 

 

41,293 

 

 

30.37 

Stock units vested and issued

 

 

(26,279)

 

 

26.12 

Forfeited

 

 

(1,541)

 

 

30.57 

Nonvested stock units at end of period

 

 

122,746 

 

$

29.59 



Assumptions Used In The Pricing Model



 



2017

Expected term (years)

5.45 

Risk-free interest rate

2.01% 

Expected volatility

17.7% 

Dividend yield

2.51% 

Grant date fair value per option

$       4.07



Summary Of Stock Option Transactions



 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

 

 

Weighted

 

Weighted

 

 

 



 

 

 

Average

 

Average

 

Aggregate



 

 

 

Exercise

 

Remaining

 

Intrinsic



 

Shares

 

Price

 

Life (years)

 

Value

Outstanding at beginning of period

 

427,335 

 

$

15.55 

 

 

 

 

 

Granted

 

120,473 

 

 

30.47 

 

 

 

 

 

Forfeited

 

(121)

 

 

30.47 

 

 

 

 

 

Expired / Cancelled

 

(2,812)

 

 

14.26 

 

 

 

 

 

Exercised

 

(86,511)

 

 

17.76 

 

 

 

 

 

Outstanding and exercisable at end of period

 

458,364 

 

$

19.06 

 

4.0 

 

$

5,999 



Performance Share Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Compensation Costs



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

Three Months Ended

 



 

March 31,

 



 

2017

 

2016

 

Stock-based compensation within operations and maintenance expenses

 

$

870 

 

$

525 

 

Income tax benefit

 

 

353 

 

 

209 

 



Restricted Stock Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Compensation Costs



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

Three Months Ended

 



 

March 31,

 



 

2017

 

2016

 

Stock-based compensation within operations and maintenance expenses

 

$

281 

 

$

168 

 

Income tax benefit

 

 

116 

 

 

69 

 



Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Compensation Costs



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

Three Months Ended

 



 

March 31,

 



 

2017

 

2016

 

Stock-based compensation within operations and maintenance expenses

 

 

30 

 

 

 -

 

Income tax benefit

 

$

92 

 

$

216 

 



 

 

 

 

 

 

 



Stock Compensation Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Compensation Costs



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

Three Months Ended

 



 

March 31,

 



 

2017

 

2016

 

Stock-based compensation within operations and maintenance expenses

 

$

131 

 

$

112 

 

Income tax benefit

 

 

54 

 

 

47 

 



Summary Of Nonvested Share Activity



 

 

 

 

 



 

 

 

 

 



 

Number

 

Weighted



 

of

 

Average



 

Stock Awards

 

Fair Value

Nonvested stock awards at beginning of period

 

 -

 

$

 -

Granted

 

4,081 

 

 

32.15 

Vested

 

(4,081)

 

 

32.15 

Nonvested stock awards at end of period

 

 -

 

$

 -