Equity Compensation (Tables)

6 Months Ended

Jun. 30, 2020

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 June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Restricted awards:
Pre-tax compensation expense	$	1,090	$	1,313	$	2,488	$	2,476
Tax benefit	278		334		634		631
Restricted stock expense, net of tax	$	812	$	979	$	1,854	$	1,845
Performance awards:
Pre-tax compensation expense	$	53	$	1,001	$	1,063	$	1,897
Tax benefit	13		256		271		484
Performance award expense, net of tax	$	40	$	745	$	792	$	1,413

Schedule of Equity Compensation, Restricted Award Activity

The following table summarizes restricted award activity for the six months ended June 30, 2020:

	Number of Restricted Awards (in thousands)	Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	369	$	32.83
Granted	147	38.30
Vested	(86)	32.85
Forfeited	(37)	35.94
Nonvested at end of period	393	34.57

Schedule of Equity Compensation, Performance Award Activity

The following table summarizes performance award activity for the six months ended June 30, 2020:

	Number of Performance Awards (in thousands)	Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	327	$	28.75
Granted	100	37.65
Vested	(151)	23.61
Forfeited	(47)	34.44
Nonvested at end of period	229	34.68