XML 68 R28.htm IDEA: XBRL DOCUMENT v3.20.1
EQUITY AWARDS (Tables)
3 Months Ended
Mar. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock Option Activity

A summary of stock option activity in the Plan during the three months ended March 31, 2020 and 2019 follows:

 

Three Months Ended March 31, 2020

 

Number of

Shares

 

 

Weighted-

Average

Exercise Price

 

 

Weighted-

Average

Remaining

Contractual

Life in

Years

 

 

Aggregate

Intrinsic

Value

 

Outstanding at beginning of year

 

 

508,000

 

 

$

26.68

 

 

 

6.24

 

 

$

3,159

 

Granted

 

 

23,000

 

 

 

29.00

 

 

 

9.84

 

 

 

11

 

Exercised

 

 

(3,000

)

 

 

24.00

 

 

 

2.54

 

 

 

 

Forfeited

 

 

(24,400

)

 

 

31.72

 

 

 

8.46

 

 

 

 

Balance, March 31, 2020

 

 

503,600

 

 

$

26.55

 

 

 

6.07

 

 

$

21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

260,880

 

 

$

25.26

 

 

 

5.01

 

 

$

7

 

 

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

 

Schedule of Nonvested Stock Option Activity

A summary of nonvested stock option activity in the Plan during the three months ended March 31, 2020 and 2019 follows:

 

Three Months Ended March 31, 2020

 

Number of

Shares

 

 

Weighted-

Average

Exercise

Price

 

 

Weighted-

Average

Remaining

Contractual

Life in

Years

 

 

Aggregate

Intrinsic

Value

 

Outstanding at beginning of year

 

 

251,120

 

 

$

28.18

 

 

 

7.31

 

 

$

1,188

 

Granted

 

 

23,000

 

 

 

29.00

 

 

 

9.84

 

 

 

11

 

Vested

 

 

(8,200

)

 

 

27.45

 

 

 

7.19

 

 

 

 

Forfeited

 

 

(23,200

)

 

 

33.36

 

 

 

8.90

 

 

 

 

Balance, March 31, 2020

 

 

242,720

 

 

$

27.94

 

 

 

7.19

 

 

$

13

 

 

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

 

 

Plan Information

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

 

 

 

March 31, 2020

 

 

March 31, 2019

 

Intrinsic value of options exercised

 

$

 

 

$

79

 

Cash received from options exercised

 

 

72

 

 

 

481

 

Weighted average fair value of options granted

 

 

5.62

 

 

 

5.21

 

Summary of Restricted Stock Awards and Units Activity

A summary of restricted stock activity in the Plan during the three months ended March 31, 2020 and 2019 follows:

 

Three Months Ended March 31, 2020

 

Number of

Shares

 

 

Weighted-Average

Grant

Date Fair Value

 

Outstanding at beginning of year

 

 

31,459

 

 

$

30.29

 

Granted

 

 

 

 

 

 

Vested

 

 

(6,100

)

 

 

30.25

 

Forfeited

 

 

 

 

 

 

Balance, March 31, 2020

 

 

25,359

 

 

$

30.29

 

 

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