Equity Compensation (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Equity Compensation Expense and Related Income Tax Benefit Recognized

The following table summarizes the equity compensation expense and related income tax benefit recognized in the Consolidated Statements of Income (in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Stock options:
Pre-tax compensation expense	$	1	$	4	$	3	$	9
Tax benefit	—		2		1		4
Stock option expense, net of tax	$	1	$	2	$	2	$	5
Restricted awards:
Pre-tax compensation expense	$	866	$	800	$	1,499	$	930
Tax benefit	340		313		585		363
Restricted stock expense, net of tax	$	526	$	487	$	914	$	567
Performance awards:
Pre-tax compensation expense	$	306	$	530	$	589	$	111
Tax benefit	120		206		230		43
Performance award expense, net of tax	$	186	$	324	$	359	$	68

Schedule of Equity Compensation Stock Options Activity

The following table summarizes stock option activity for the six months ended June 30, 2017:



	Number of Options (in thousands)		Weighted Average Exercise Price ($)		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in thousands)
Outstanding at beginning of period	171		$	18.19
Granted	—		—
Exercised	(57	)	17.46
Forfeited	—		—
Expired	—		—
Outstanding at end of period	114		18.55		1.71	$	1,235
Exercisable at end of period	110		18.39		1.60	$	1,201

Schedule of Equity Compensation, Restricted Award Activity

The following table summarizes restricted award activity for the six months ended June 30, 2017:



	Number of Restricted Awards (in thousands)		Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	293		$	25.98
Granted	80		26.85
Vested	(4	)	25.55
Forfeited	(9	)	26.98
Nonvested at end of period	360		26.15

Schedule of Equity Compensation Performance Award Activity

The following table summarizes performance award activity for the six months ended June 30, 2017:



	Number of Performance Awards (in thousands)		Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	124		$	27.33
Granted	69		26.89
Vested	(35	)	27.07
Forfeited	—		—
Nonvested at end of period	158		27.20