Equity Compensation (Tables)

6 Months Ended

Jun. 30, 2021

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,
	2021		2020		2021	2020
Restricted awards:
Pre-tax compensation expense	$	1,538	$	1,090	3,087	2,488
Tax benefit	392		278		787	634
Restricted stock expense, net of tax	$	1,146	$	812	2,300	1,854
Performance awards:
Pre-tax compensation expense	$	1,209	$	53	2,155	1,063
Tax benefit	309		13		550	271
Performance award expense, net of tax	$	900	$	40	1,605	792

Schedule of Equity Compensation, Restricted Award Activity

The following table summarizes restricted award activity for the six months ended June 30, 2021:


	Number of Restricted Awards (in thousands)	Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	367	$	35.78
Granted	127	41.89
Vested	(121)	34.98
Forfeited	(11)	36.84
Nonvested at end of period	362	38.16

Schedule of Equity Compensation, Performance Award Activity

The following table summarizes performance award activity for the six months ended June 30, 2021:


	Number of Performance Awards (in thousands)	Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	262	$	32.96
Granted	74	40.93
Vested	(100)	33.04
Forfeited	—	—
Nonvested at end of period	236	34.61