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Stock option and award plan: (Tables)
12 Months Ended
Dec. 31, 2016
Stock option and award plan:  
Schedule of assumptions used for determining the fair value of options granted

                                                                                                                                                                                    

 

 

Years Ended
December 31,

 

Black-Scholes Assumptions

 

2016

 

2015

 

2014

 

Dividend yield

 

 

3.7 

%

 

3.8 

%

 

3.6 

%

Expected volatility

 

 

30.8 

%

 

32.5 

%

 

37.0 

%

Risk-free interest rate

 

 

1.4 

%

 

1.5 

%

 

1.6 

%

Expected life of the option term (in years)

 

 

4.6 

 

 

4.6 

 

 

4.6 

 

 

Schedule of stock option activity

                                                                                                                                                                                   

 

 

Number of
Options

 

Weighted-Average
Exercise Price

 

Outstanding at December 31, 2015

 

 

201,587

 

$

28.42

 

Granted

 

 

72,752

 

$

37.54

 

Cancelled and expired

 

 

(37,772

)

$

34.66

 

Exercised—intrinsic value $0.9 million; cash received $1.2 million

 

 

(53,245

)

$

22.92

 

​  

​  

Outstanding at December 31, 2016—$1.7 million intrinsic value and 7.4 years weighted-average remaining contractual term

 

 

183,322

 

$

32.35

 

​  

​  

Exercisable at December 31, 2016—$1.2 million intrinsic value and 6.2 years weighted-average remaining contractual term

 

 

103,898

 

$

29.61

 

​  

​  

Expected to vest—$1.5 million intrinsic value and 7.1 years weighted-average remaining contractual term

 

 

162,235

 

$

31.85

 

​  

​  

​  

​  

 

Schedule of non-vested restricted stock awards

                                                                                                                                                                                   

Non-vested awards

 

Shares

 

Weighted-Average
Grant Date
Fair Value

 

Non-vested at December 31, 2015

 

 

870,751

 

$

32.25

 

Granted

 

 

358,130

 

$

38.87

 

Vested

 

 

(316,296

)

$

29.07

 

Forfeited

 

 

(3,824

)

$

37.27

 

​  

​  

​  

​  

Non-vested at December 31, 2016

 

 

908,761

 

$

35.94

 

​  

​  

​  

​  

​  

​  

​  

​