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Stock Compensation Plans (Tables)
3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Summary of stock compensation expense and related net tax benefit
The following table presents a summary of the total share-based compensation expense and the related net tax (deficiencies) benefits associated with the Company’s various employee share-based compensation plans for the three months ended March 31, 2020 and 2019:
 
($ in thousands)
 
Three Months Ended March 31,
 
2020
 
2019
Stock compensation costs
 
$
7,209

 
$
7,444

Related net tax (deficiencies) benefits for stock compensation plans
 
$
(1,566
)
 
$
4,707

 

Summary of activity for time-based and performance-based restricted stock units
The following table presents a summary of the activities for the Company’s time-based and performance-based RSUs that will be settled in shares for the three months ended March 31, 2020. The number of outstanding performance-based RSUs stated below assumes the associated performance targets will be met at the target level:
 
 
 
Time-Based RSUs
 
Performance-Based RSUs
 
Shares
 
Weighted-Average
Grant Date
Fair Value
 
Shares
 
Weighted-Average
Grant Date
Fair Value
Outstanding, January 1, 2020
 
1,139,868

 
$
57.78

 
386,483

 
$
60.13

Granted
 
606,327

 
41.76

 
165,084

 
39.79

Vested
 
(250,160
)
 
54.47

 
(131,597
)
 
56.59

Forfeited
 
(22,182
)
 
52.82

 

 

Outstanding, March 31, 2020
 
1,473,853

 
$
51.83

 
419,970

 
$
53.24

 


The following table presents a summary of the activities for the Company’s time-based RSUs that will be settled in cash for the three months ended March 31, 2020:
 
 
 
Shares
Outstanding, January 1, 2020
 
11,638

Granted
 
5,639

Vested
 
(600
)
Forfeited
 

Outstanding, March 31, 2020
 
16,677