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STOCK OPTIONS (Tables)
3 Months Ended
Mar. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock Option Activity

A summary of activity in the Plan during the three months ended March 31, 2019 and 2018 follows:

 

Three Months Ended March 31, 2019

 

Number of

Shares

 

 

Weighted-

Average

Exercise Price

 

 

Weighted-

Average

Remaining

Contractual

Life in

Years

 

 

Aggregate

Intrinsic

Value

 

Outstanding at beginning of year

 

 

537,872

 

 

$

26.49

 

 

 

6.96

 

 

$

2,088

 

Granted

 

 

19,000

 

 

 

29.80

 

 

 

9.90

 

 

 

 

Exercised

 

 

(19,172

)

 

 

25.08

 

 

 

6.14

 

 

 

79

 

Forfeited

 

 

(16,400

)

 

 

28.90

 

 

 

8.49

 

 

 

27

 

Balance, March 31, 2019

 

 

521,300

 

 

$

26.59

 

 

 

6.79

 

 

$

1,745

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

194,140

 

 

$

24.52

 

 

 

5.41

 

 

$

938

 

 

Three Months Ended March 31, 2018

 

Number of

Shares

 

 

Weighted-

Average

Exercise

Price

 

 

Weighted-

Average

Remaining

Contractual

Life in

Years

 

 

Aggregate

Intrinsic

Value

 

Outstanding at beginning of year

 

 

469,044

 

 

$

25.11

 

 

 

7.32

 

 

$

2,623

 

Granted

 

 

15,000

 

 

 

31.84

 

 

 

9.88

 

 

 

26

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Balance, March 31, 2018

 

 

484,044

 

 

$

25.32

 

 

 

7.16

 

 

$

3,872

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

140,644

 

 

$

23.61

 

 

 

5.71

 

 

$

1,364

 

Schedule of Nonvested Stock Option Activity

A summary of nonvested activity in the Plan during the three months ended March 31, 2019 and 2018 follows:

 

Three Months Ended March 31, 2019

 

Number of

Shares

 

 

Weighted-

Average

Exercise

Price

 

 

Weighted-

Average

Remaining

Contractual

Life in

Years

 

 

Aggregate

Intrinsic

Value

 

Outstanding at beginning of year

 

 

331,560

 

 

$

27.74

 

 

 

7.77

 

 

$

975

 

Granted

 

 

19,000

 

 

 

29.80

 

 

 

9.90

 

 

 

 

Vested

 

 

(7,000

)

 

 

27.13

 

 

 

7.81

 

 

 

22

 

Forfeited

 

 

(16,400

)

 

 

28.90

 

 

 

8.49

 

 

 

27

 

Balance, March 31, 2019

 

 

327,160

 

 

$

27.81

 

 

 

7.61

 

 

$

807

 

 

Three Months Ended March 31, 2018

 

Number of

Shares

 

 

Weighted-

Average

Exercise

Price

 

 

Weighted-

Average

Remaining

Contractual

Life in

Years

 

 

Aggregate

Intrinsic

Value

 

Outstanding at beginning of year

 

 

334,400

 

 

$

25.72

 

 

 

7.91

 

 

$

1,673

 

Granted

 

 

15,000

 

 

 

31.84

 

 

 

9.88

 

 

 

26

 

Vested

 

 

(6,000

)

 

 

23.90

 

 

 

8.15

 

 

 

56

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Balance, March 31, 2018

 

 

343,400

 

 

$

26.02

 

 

 

7.75

 

 

$

2,508

 

Plan Information

Information related to the Plan is as follows for the three months ended:

 

 

 

March 31, 2019

 

 

March 31, 2018

 

Intrinsic value of options exercised

 

$

79

 

 

$

 

Cash received from options exercised

 

 

481

 

 

 

 

Weighted average fair value of options granted

 

 

20.64

 

 

 

5.44

 

Summary of Restricted Stock Awards and Units Activity

A summary of activity in the Plan during the three months ended March 31, 2019 and 2018 follows:

 

Three Months Ended March 31, 2019

 

Number of

Shares

 

 

Weighted-Average Grant Date Fair Value

 

Outstanding at beginning of year

 

 

2,398

 

 

$

31.57

 

Granted

 

 

30,500

 

 

 

30.25

 

Exercised

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Balance, March 31, 2019

 

 

32,898

 

 

$

29.43

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

959

 

 

$

31.57

 

 

Three Months Ended March 31, 2018

 

Number of

Shares

 

 

Weighted-Average Grant Date Fair Value

 

Outstanding at beginning of year

 

 

2,398

 

 

$

31.57

 

Granted

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Balance, March 31, 2019

 

 

2,398

 

 

$

31.57

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

 

 

$

31.57

 

Summary of Nonvested Restricted Stock Awards and Units Activity

A summary of nonvested activity in the Plan during the three months ended March 31, 2019 and 2018 follows:

 

Three Months Ended March 31, 2019

 

Number of

Shares

 

 

Weighted-Average Grant Date Fair Value

 

Outstanding at beginning of year

 

 

1,439

 

 

$

31.57

 

Granted

 

 

30,500

 

 

 

30.25

 

Vested

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Balance, March 31, 2019

 

 

31,939

 

 

$

30.31

 

 

Three Months Ended March 31, 2018

 

Number of

Shares

 

 

Weighted-Average Grant Date Fair Value

 

Outstanding at beginning of year

 

 

2,398

 

 

$

31.57

 

Granted

 

 

 

 

 

 

Vested

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Balance, March 31, 2018

 

 

2,398

 

 

$

31.57