Equity Compensation (Tables)

6 Months Ended

Jun. 30, 2018

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,
	2018		2017		2018		2017
Stock options:
Pre-tax compensation expense	$	—	$	1	$	—	$	3
Tax benefit	—		—		—		1
Stock option expense, net of tax	$	—	$	1	$	—	$	2
Restricted awards:
Pre-tax compensation expense	$	1,127	$	866	$	2,063	$	1,499
Tax benefit	287		340		526		585
Restricted stock expense, net of tax	$	840	$	526	$	1,537	$	914
Performance awards:
Pre-tax compensation expense	$	842	$	306	$	1,327	$	589
Tax benefit	214		120		338		230
Performance award expense, net of tax	$	628	$	186	$	989	$	359

Schedule of Equity Compensation Stock Options Activity

The following table summarizes stock option activity for the six months ended June 30, 2018:



	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	33		$	19.69
Granted	—		—
Exercised	(12	)	20.68
Forfeited	—		—
Expired	—		—
Outstanding at end of period	21		19.12		1.49	$	385
Exercisable at end of period	21		19.12		1.49	$	385

Schedule of Equity Compensation, Restricted Award Activity

The following table summarizes restricted award activity for the six months ended June 30, 2018:



	Number of Restricted Awards (in thousands)		Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	273		$	27.69
Granted	124		37.43
Vested	(21	)	26.74
Forfeited	(4	)	28.72
Nonvested at end of period	372		30.98

Schedule of Equity Compensation Performance Award Activity

The following table summarizes performance award activity for the six months ended June 30, 2018:



	Number of Performance Awards (in thousands)		Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	158		$	27.20
Granted	84		37.48
Vested	(35	)	27.07
Forfeited	—		—
Nonvested at end of period	207		30.31