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Employee Stock Plans (Tables)
6 Months Ended
Jun. 30, 2020
Schedule of Stock-Based Compensation Awards Compensation expense for stock-based awards recognized during the three and six months ended June 30, 2020 and 2019 was as follows (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Stock options

 

$

367

 

 

$

479

 

 

$

788

 

 

$

998

 

Restricted stock units and awards

 

 

1,324

 

 

 

1,153

 

 

 

2,495

 

 

 

2,082

 

Performance share units

 

 

566

 

 

 

285

 

 

 

997

 

 

 

319

 

Total stock-based compensation expense

 

$

2,257

 

 

$

1,917

 

 

$

4,280

 

 

$

3,399

 

 

Stock Award Activity

Stock Options and Restricted Stock Units and Awards – The following table presents our stock options and restricted stock award activity during the six months ended June 30, 2020 (in thousands, except per share data):

 

 

 

Stock Options

 

 

Restricted Stock Units and

Awards

 

 

 

Number of

Options

 

 

Weighted Average

Exercise Price

Per Share

 

 

Number of

Shares

 

 

Weighted Average

Grant-Date

Fair Value (1)

 

Outstanding at beginning of year

 

 

2,412

 

 

$

13.58

 

 

 

577

 

 

$

17.87

 

Granted

 

 

 

 

$

 

 

 

178

 

 

$

24.48

 

Exercised or released

 

 

(327

)

 

$

9.88

 

 

 

(276

)

 

$

16.74

 

Expired or canceled

 

 

(8

)

 

$

18.15

 

 

 

(9

)

 

$

20.96

 

Outstanding at June 30, 2020

 

 

2,077

 

 

$

14.14

 

 

 

470

 

 

$

20.97

 

Exercisable at June 30, 2020

 

 

1,605

 

 

$

12.96

 

 

 

 

 

 

 

 

 

 

 

(1)

Represents weighted average market value of the shares; awards are granted at no cost to the recipients.

Performance Shares [Member]  
Stock Award Activity

The following table presents our PSU award activity during the six months ended June 30, 2020 (in thousands, except per share data):

 

 

 

Performance

Share Units

 

 

Weighted

Average

Grant-Date

Fair Value

Per Unit

 

Outstanding at beginning of year

 

 

200

 

 

$

19.82

 

Granted

 

 

132

 

 

$

25.75

 

Vested

 

 

 

 

$

 

Adjustments for performance results

 

 

 

 

$

 

Expired or canceled

 

 

(8

)

 

$

22.14

 

Outstanding at June 30, 2020

 

 

324

 

 

$

22.17