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STOCK OPTIONS (Tables)
9 Months Ended
Sep. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock Option Activity

A summary of activity in the Plan during the nine months ended September 30, 2019 and 2018 follows:

 

Nine Months Ended September 30, 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

 

 

35,000

 

 

 

29.85

 

 

 

9.61

 

 

 

26

 

Exercised

 

 

(22,172

)

 

 

24.93

 

 

 

5.29

 

 

 

125

 

Forfeited

 

 

(26,400

)

 

 

29.53

 

 

 

8.20

 

 

 

46

 

Balance, September 30, 2019

 

 

524,300

 

 

$

26.63

 

 

 

6.38

 

 

$

2,255

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

235,680

 

 

$

25.22

 

 

 

5.42

 

 

$

1,307

 

 

Nine Months Ended September 30, 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

 

 

90,000

 

 

 

32.59

 

 

 

9.72

 

 

 

 

Exercised

 

 

(6,000

)

 

 

23.33

 

 

 

5.98

 

 

 

41

 

Forfeited

 

 

(11,800

)

 

 

23.41

 

 

 

5.74

 

 

 

81

 

Balance, September 30, 2018

 

 

541,244

 

 

$

26.41

 

 

 

7.12

 

 

$

2,320

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

171,184

 

 

$

24.29

 

 

 

5.81

 

 

$

1,024

 

Schedule of Nonvested Stock Option Activity

A summary of nonvested activity in the Plan during the nine months ended September 30, 2019 and 2018 follows:

 

Nine Months Ended September 30, 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

 

 

35,000

 

 

 

29.85

 

 

 

9.61

 

 

 

26

 

Vested

 

 

(54,340

)

 

 

28.10

 

 

 

7.48

 

 

 

172

 

Forfeited

 

 

(23,600

)

 

 

33.03

 

 

 

9.18

 

 

 

46

 

Balance, September 30, 2019

 

 

288,620

 

 

$

27.78

 

 

 

7.16

 

 

$

949

 

 

Nine Months Ended September 30, 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

 

 

90,000

 

 

 

32.59

 

 

 

9.72

 

 

 

 

Vested

 

 

(44,940

)

 

 

26.19

 

 

 

8.04

 

 

 

199

 

Forfeited

 

 

(9,400

)

 

 

29.38

 

 

 

7.20

 

 

 

81

 

Balance, September 30, 2018

 

 

370,060

 

 

$

27.39

 

 

 

7.72

 

 

$

1,297

 

Summary of Restricted Stock Awards and Units Activity

A summary of activity in the Plan during the nine months ended September 30, 2019 and 2018 follows:

 

Nine Months Ended September 30, 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

 

 

(1,439

)

 

 

31.57

 

Forfeited

 

 

 

 

 

 

Balance, September 30, 2019

 

 

31,459

 

 

$

29.33

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

 

 

$

 

 

Nine Months Ended September 30, 2018

 

Number of

Shares

 

 

Weighted-Average Grant Date Fair Value

 

Outstanding at beginning of year

 

 

2,398

 

 

$

31.57

 

Granted

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Balance, September 30, 2018

 

 

2,398

 

 

$

31.57

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

959

 

 

$

 

Summary of Nonvested Restricted Stock Awards and Units Activity

A summary of nonvested activity in the Plan during the nine months ended September 30, 2019 and 2018 follows:

 

Nine Months Ended September 30, 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

 

 

(480

)

 

 

31.57

 

Forfeited

 

 

 

 

 

 

Balance, September 30, 2019

 

 

31,459

 

 

$

29.33

 

 

Nine Months Ended September 30, 2018

 

Number of

Shares

 

 

Weighted-Average Grant Date Fair Value

 

Outstanding at beginning of year

 

 

2,398

 

 

$

31.57

 

Granted

 

 

 

 

 

 

Vested

 

 

(959

)

 

 

31.57

 

Forfeited

 

 

 

 

 

 

Balance, September 30, 2018

 

 

1,439

 

 

$

31.57

 

Plan Information

 

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

 

 

September 30, 2019

 

 

September 30, 2018

 

Intrinsic value of options exercised

 

$

125

 

 

$

41

 

Cash received from options exercised

 

 

553

 

 

 

140

 

Weighted average fair value of options granted

 

 

16.75

 

 

 

5.62