XML 27 R78.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Incentive and Deferred Compensation Plans - Narrative (Details)
1 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
Jun. 30, 2017
USD ($)
$ / shares
shares
Sep. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
Plans
$ / shares
shares
Dec. 31, 2018
USD ($)
$ / shares
shares
Dec. 31, 2017
USD ($)
$ / shares
shares
Incentive and deferred compensation plans              
Number of incentive plans for executives, senior vice presidents and other selected officers | Plans         2    
Number of deferred compensation plans for executives, senior vice presidents and other selected officers | Plans         2    
Number of deferred compensation plans for outside directors | Plans         2    
Annual incentive plan awards              
Incentive and deferred compensation plans              
Maximum percentage of employee compensation that can be deferred (percentage)         100.00%    
Long-term incentive plan awards              
Incentive and deferred compensation plans              
Maximum percentage of employee compensation that can be deferred (percentage)         100.00%    
Vesting period of performance and/or service condition(s)         3 years    
Maximum dollar amount which may be received by any single participant during any specified period         $ 5,000,000    
Compensation cost related to share-based compensation plan awards         7,300,000 $ 6,300,000 $ 10,300,000
Tax benefits recognized in income related to award expense         1,500,000 1,300,000 3,600,000
Total unrecognized compensation cost related to share-based compensation plan awards pertaining to open performance periods         $ 4,900,000    
Expected period of recognition related to unrecognized compensation cost         2 years    
Long-term incentive plan awards | Class A Common Stock              
Incentive and deferred compensation plans              
Maximum number of shares authorized for grant (in shares) | shares         1,500,000    
Maximum number of shares which may be received by any single participant during any specified period (in shares) | shares         250,000    
Long-term incentive plan awards | Performance Period Long-Term Incentive Plan 2017-2019              
Incentive and deferred compensation plans              
Compensation cost related to share-based compensation plan awards       $ 7,800,000      
Long-term incentive plan awards | Performance Period Long Term Incentive Plan 2016-2018              
Incentive and deferred compensation plans              
Compensation cost related to share-based compensation plan awards $ 8,200,000            
Long-term incentive plan awards | Performance Period Long-Term Incentive Plan 2015-2017              
Incentive and deferred compensation plans              
Compensation cost related to share-based compensation plan awards   $ 8,300,000          
Long-term incentive plan awards | Performance Period Long Term Incentive Plan 2014-2016              
Incentive and deferred compensation plans              
Compensation cost related to share-based compensation plan awards     $ 4,700,000        
Long-term incentive plan awards | Performance Period Long Term Incentive Plan 2014-2016 | Class A Common Stock              
Incentive and deferred compensation plans              
Average price per share for shares purchased (in dollars per share) | $ / shares     $ 122.40        
Total cost of shares purchased for share-based compensation awards     $ 5,700,000        
Long-term incentive plan awards | Performance Period Long Term Incentive Plan 2014-2016 | Class A Common Stock | Performance shares              
Incentive and deferred compensation plans              
Shares purchased for share-based compensation awards (in shares) | shares     46,884        
Incentive compensation deferral plan              
Incentive and deferred compensation plans              
Compensation cost related to share-based compensation plan awards         $ 500,000 $ 700,000 1,400,000
Incentive compensation deferral plan | Class A Common Stock              
Incentive and deferred compensation plans              
Average price per share for shares purchased (in dollars per share) | $ / shares         $ 176.34 $ 119.28  
Total cost of shares purchased for share-based compensation awards         $ 800,000 $ 1,400,000  
Vesting percent of the grant in Class A common stock (percentage)         100.00%    
Payment period for vested share credits         3 years    
Incentive compensation deferral plan | Class A Common Stock | Performance shares              
Incentive and deferred compensation plans              
Shares purchased for share-based compensation awards (in shares) | shares         4,387 12,005  
Stock compensation plan for outside directors              
Incentive and deferred compensation plans              
Compensation cost related to share-based compensation plan awards         $ 1,100,000 $ 800,000 $ 900,000
Stock compensation plan for outside directors | Class A Common Stock              
Incentive and deferred compensation plans              
Average price per share for shares purchased (in dollars per share) | $ / shares         $ 194.62 $ 122.19 $ 121.85
Total cost of shares purchased for share-based compensation awards         $ 1,400,000 $ 1,100,000 $ 1,200,000
Stock compensation plan for outside directors | Class A Common Stock | Performance shares              
Incentive and deferred compensation plans              
Shares purchased for share-based compensation awards (in shares) | shares         7,370 9,285 9,663
Stock compensation plan for outside directors | Three Month Vesting Period | Class A Common Stock              
Incentive and deferred compensation plans              
Vesting period of performance and/or service condition(s)         3 months    
Vesting percent of the grant in Class A common stock (percentage)         25.00%    
Equity compensation plan              
Incentive and deferred compensation plans              
Compensation cost related to share-based compensation plan awards         $ 500,000 $ 400,000 $ 200,000
Total unrecognized compensation cost related to share-based compensation plan awards pertaining to open performance periods         $ 400,000    
Expected period of recognition related to unrecognized compensation cost         3 years    
Equity compensation plan | Class A Common Stock              
Incentive and deferred compensation plans              
Maximum number of shares authorized for grant (in shares) | shares         100,000    
Maximum number of shares which may be received by any single participant during any specified period (in shares) | shares         5,000    
Equity compensation plan | Performance Period Equity Compensation Plan 2016 | Class A Common Stock              
Incentive and deferred compensation plans              
Average price per share for shares purchased (in dollars per share) | $ / shares         $ 132.35    
Total cost of shares purchased for share-based compensation awards         $ 400,000    
Equity compensation plan | Performance Period Equity Compensation Plan 2016 | Class A Common Stock | Performance shares              
Incentive and deferred compensation plans              
Shares purchased for share-based compensation awards (in shares) | shares         3,246    
Equity compensation plan | Performance Period Equity Compensation Plan 2014-2015 | Class A Common Stock              
Incentive and deferred compensation plans              
Average price per share for shares purchased (in dollars per share) | $ / shares           $ 117.39  
Total cost of shares purchased for share-based compensation awards           $ 700,000  
Equity compensation plan | Performance Period Equity Compensation Plan 2014-2015 | Class A Common Stock | Performance shares              
Incentive and deferred compensation plans              
Shares purchased for share-based compensation awards (in shares) | shares           5,830  
Equity compensation plan | Performance Period Equity Compensation Plan 2014 | Class A Common Stock              
Incentive and deferred compensation plans              
Average price per share for shares purchased (in dollars per share) | $ / shares             $ 111.55
Total cost of shares purchased for share-based compensation awards             $ 400,000
Equity compensation plan | Performance Period Equity Compensation Plan 2014 | Class A Common Stock | Performance shares              
Incentive and deferred compensation plans              
Shares purchased for share-based compensation awards (in shares) | shares             3,785
Erie Insurance Exchange (EIE) | Long-term incentive plan awards              
Incentive and deferred compensation plans              
Incentive plan compensation cost reimbursed to Indemnity from the Exchange and its subsidiaries (as a percent)         47.00%    
Erie Insurance Exchange (EIE) | Incentive compensation deferral plan              
Incentive and deferred compensation plans              
Incentive plan compensation cost reimbursed to Indemnity from the Exchange and its subsidiaries (as a percent)         42.00%    
Erie Insurance Exchange (EIE) | Equity compensation plan              
Incentive and deferred compensation plans              
Incentive plan compensation cost reimbursed to Indemnity from the Exchange and its subsidiaries (as a percent)         49.00% 68.00% 38.00%