Equity Compensation (Tables)

3 Months Ended

Mar. 31, 2019

Equity Compensation [Abstract]

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 March 31,
	2019		2018
Restricted awards:
Pre-tax compensation expense	$	1,163	$	936
Tax benefit	297		239
Restricted stock expense, net of tax	$	866	$	697
Performance awards:
Pre-tax compensation expense	$	896	$	485
Tax benefit	228		124
Performance award expense, net of tax	$	668	$	361

Schedule of Equity Compensation Stock Options Activity

The following table summarizes stock option activity for the three months ended March 31, 2019:

	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	9	$	19.02
Granted	—	—
Exercised	—	—
Forfeited	—	—
Expired	—	—
Outstanding at end of period	9	19.02		0.68	$	136
Exercisable at end of period	9	19.02		0.68	$	136

Schedule of Equity Compensation, Restricted Award Activity

The following table summarizes restricted award activity for the three months ended March 31, 2019:

	Number of Restricted Awards (in thousands)		Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	326		$	31.93
Granted	132		33.05
Vested	(45	)	33.62
Forfeited	(3	)	30.78
Nonvested at end of period	410		32.12

Schedule of Equity Compensation Performance Award Activity

The following table summarizes performance award activity for the three months ended March 31, 2019:

	Number of Performance Awards (in thousands)		Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	207		$	27.92
Granted	97		32.88
Vested	(35	)	27.07
Forfeited	—		—
Nonvested at end of period	269		29.83