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Stock Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
Share-based Compensation Expense
The Company recorded share-based compensation expense as follows for the three and nine months ended September 30, 2021 and 2020:

Three Months EndedNine Months Ended
September 30,
2021
September 30,
2020
September 30,
2021
September 30,
2020
Salaries, wages and employee benefits - continuing operations$2,283 $2,085 $7,015 $7,056 
Salaries, wages and employee benefits - discontinued operation— 162 16 572 
Total share-based compensation expense$2,283 $2,247 $7,031 $7,628 
Share-based Payment Arrangement Activity
Stock option transactions during the nine months ended September 30, 2021 on a continuing operations basis were as follows:

Stock OptionsWeighted-Average Exercise Price
Outstanding as of January 1, 2021359 $55.79 
Granted39 75.05 
Exercised(52)54.57 
Forfeited— — 
Outstanding as of September 30, 2021346 $58.30 
Stock option transactions during the nine months ended September 30, 2021 on a discontinued operation basis were as follows:

Stock OptionsWeighted-Average Exercise Price
Outstanding as of January 1, 202114 $52.15 
Granted— — 
Exercised(14)52.15 
Forfeited— — 
Outstanding as of September 30, 2021— $— 
Share Activity Restricted share transactions during the nine months ended September 30, 2021 on a continuing operations basis were as follows:
Restricted SharesWeighted-Average Grant Date Fair Value
Outstanding as of January 1, 2021210 $62.78 
Granted109 75.35 
Vested(108)61.67 
Forfeited(17)69.78 
Outstanding as of September 30, 2021194 $69.84 
Restricted share transactions during the nine months ended September 30, 2021 on a discontinued operation basis were as follows:
Restricted SharesWeighted-Average Grant Date Fair Value
Outstanding as of January 1, 202110 $61.25 
Granted— — 
Vested(5)60.49 
Forfeited(5)61.92 
Outstanding as of September 30, 2021— $— 
Director restricted share transactions during the nine months ended September 30, 2021 were as follows:
Director Restricted SharesWeighted-Average Grant Date Fair Value
Outstanding as of January 1, 202124 $42.88 
Granted17 93.39 
Vested(26)47.12 
Forfeited— — 
Outstanding as of September 30, 202115 $93.46 
Activity of Performance Awards
Performance award transactions during the nine months ended September 30, 2021 on a continuing operations basis were as follows assuming target levels of performance:
Performance AwardsWeighted-Average Grant Date Fair Value
Outstanding as of January 1, 202165 $67.62 
Granted36 87.33 
Earned(11)72.30 
Forfeited or unearned(11)70.22 
Outstanding as of September 30, 202179 $75.61 
Schedule of Employee Stock Purchase Plan
Employee stock purchase plan activity and related information was as follows on a continuing operations basis:

Nine Months Ended
September 30,
2021
September 30,
2020
Shares purchased by participants under the ESPP
Average purchase price$68.76 $44.84 
Weighted-average fair value of each purchase right under the ESPP granted¹$20.99 $4.98 
Share-based compensation expense for ESPP$118 $30 
¹ Equal to the discount from the market value of the common stock at the end of each six month purchase period.

Employee stock purchase plan activity and related information was as follows on a discontinued operation basis:
Nine Months Ended
September 30,
2021
September 30,
2020
Shares purchased by participants under the ESPP— 
Average purchase price$— $44.84 
Weighted-average fair value of each purchase right under the ESPP granted¹$— $4.98 
Share-based compensation expense for ESPP$— $
¹ Equal to the discount from the market value of the common stock at the end of each six month purchase period.