XML 58 R42.htm IDEA: XBRL DOCUMENT v3.20.4
Accounting for Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock Option Activity

The following table summarizes stock option activity during the years ended December 31, 2020, 2019 and 2018:

Options

 

Shares

 

 

Weighted-Average

Exercise Price

 

 

Weighted-Average

Remaining

Contractual Term

 

 

Aggregate

Intrinsic Value

 

Outstanding at December 31, 2017

 

 

2,652,142

 

 

$

35.34

 

 

 

4.76

 

 

$

6,964

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(615,358

)

 

 

24.01

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(383,784

)

 

 

39.59

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2018

 

 

1,653,000

 

 

$

38.53

 

 

 

4.28

 

 

$

3,610

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(428,250

)

 

 

38.66

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(355,750

)

 

 

39.99

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2019

 

 

869,000

 

 

$

37.87

 

 

 

3.51

 

 

$

5,172

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(434,250

)

 

 

38.12

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(6,750

)

 

 

38.05

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2020

 

 

428,000

 

 

$

37.61

 

 

 

3.20

 

 

$

11,815

 

Exercisable at December 31, 2020

 

 

338,625

 

 

$

37.87

 

 

 

3.11

 

 

$

9,261

 

 

Restricted Stock Activity

The following table summarizes restricted stock activity during the years ended December 31, 2020, 2019 and 2018:

Unvested Restricted Shares

 

Shares

 

 

Weighted-Average

Grant Date

Fair Value

 

Outstanding at December 31, 2017

 

 

282,100

 

 

$

38.06

 

Granted

 

 

21,681

 

 

 

35.00

 

Vested

 

 

(130,684

)

 

 

38.62

 

Forfeited

 

 

(36,531

)

 

 

37.60

 

Outstanding at December 31, 2018

 

 

136,566

 

 

$

37.16

 

Granted

 

 

19,920

 

 

 

40.16

 

Vested

 

 

(91,566

)

 

 

37.09

 

Forfeited

 

 

(30,000

)

 

 

38.05

 

Outstanding at December 31, 2019

 

 

34,920

 

 

$

38.31

 

Granted

 

 

32,406

 

 

 

39.96

 

Vested

 

 

(32,420

)

 

 

38.33

 

Forfeited

 

 

 

 

 

 

Outstanding at December 31, 2020

 

 

34,906

 

 

$

39.82

 

 

SARs Activity

The following table summarizes SARs activity during the years ended December 31, 2020, 2019 and 2018:

Stock Appreciation Rights

 

Shares

 

 

Weighted-Average

Exercise Price

 

 

Weighted-Average

Remaining

Contractual Term

 

 

Aggregate

Intrinsic Value

 

Outstanding at December 31, 2017

 

 

1,192,350

 

 

$

38.17

 

 

 

4.36

 

 

$

2,278

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(204,250

)

 

 

26.35

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2018

 

 

988,100

 

 

$

40.61

 

 

 

3.57

 

 

$

2,064

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(179,500

)

 

 

32.84

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(254,350

)

 

 

42.63

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2019

 

 

554,250

 

 

$

39.41

 

 

 

2.84

 

 

$

2,981

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(342,150

)

 

 

38.22

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(40,500

)

 

 

44.39

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2020

 

 

171,600

 

 

$

40.60

 

 

 

2.44

 

 

$

4,224

 

Exercisable at December 31, 2020

 

 

131,350

 

 

$

41.39

 

 

 

2.22

 

 

 

3,131

 

 

RSU  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Restricted Stock Activity

The following table summarizes restricted stock unit activity during the years ended December 31, 2020, 2019 and 2018:

 

 

 

 

 

 

Performance-Based Awards

 

 

 

 

 

Unvested Restricted Stock Units

 

Time Vesting

Shares

 

 

ROIC Target

Shares

 

 

TSR Target

Shares

 

 

Total

 

Outstanding at December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

86,392

 

 

 

64,785

 

 

 

64,792

 

 

 

215,969

 

Vested

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2018

 

 

86,392

 

 

 

64,785

 

 

 

64,792

 

 

 

215,969

 

Granted

 

 

107,391

 

 

 

56,380

 

 

 

56,375

 

 

 

220,146

 

Vested

 

 

(23,956

)

 

 

 

 

 

 

 

 

(23,956

)

Forfeited

 

 

(28,086

)

 

 

(26,124

)

 

 

(26,128

)

 

 

(80,338

)

Outstanding at December 31, 2019

 

 

141,741

 

 

 

95,041

 

 

 

95,039

 

 

 

331,821

 

Granted

 

 

132,864

 

 

 

77,967

 

 

 

77,967

 

 

 

288,798

 

Vested

 

 

(50,953

)

 

 

 

 

 

 

 

 

(50,953

)

Forfeited

 

 

(14,747

)

 

 

(15,090

)

 

 

(15,090

)

 

 

(44,927

)

Outstanding at December 31, 2020

 

 

208,905

 

 

 

157,918

 

 

 

157,916

 

 

 

524,739

 

 

 

The total intrinsic value of restricted stock units vested during the years ended December 31, 2020, 2019 and 2018 was $2,214, $1,000 and $0, respectively.