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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Equity Instruments Other Than Options, Activity
The table below summarizes award activity.
 
Year Ended December 31
 
2018
 
2017
 
2016
 
Number of
Awards
 
Weighted
average
grant-date
fair value
 
Number of
Awards
 
Weighted
average
grant-date
fair value
 
Number of
Awards
 
Weighted
average
grant-date
fair value
Outstanding at beginning of period
873,849

 
$
12.30

 
1,040,569

 
$
9.97

 
1,157,659

 
$
7.52

Granted
304,795

 
24.18

 
243,940

 
17.52

 
314,060

 
15.47

Converted
(205,616
)
 
12.74

 
(320,810
)
 
9.47

 
(329,200
)
 
7.32

Expired
(500
)
 
28.38

 
(82,050
)
 
9.22

 
(92,750
)
 
7.44

Forfeited
(2,600
)
 
26.76

 
(7,800
)
 
13.55

 
(9,200
)
 
10.23

Outstanding at end of period
969,928

 
$
15.89

 
873,849

 
$
12.30

 
1,040,569

 
$
9.97

Vested
463,422

 
$
10.25

 
441,424

 
$
7.61

 
472,294

 
$
6.60

Schedule of Share-based Payment Award, Equity Instruments Other Than Options, Valuation Assumptions
The market condition awards were valued using a Monte Carlo simulation technique based on volatility over three years for the awards granted in 2018, 2017 and 2016 using daily stock prices and using the following variables:
 
2018
 
2017
 
2016
Risk-free interest rate
2.4%
 
1.7%
 
1.1%
Volatility
33.8%
 
34.7%
 
36.9%