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Stock option and award plan: (Tables)
12 Months Ended
Dec. 31, 2017
Stock option and award plan:  
Schedule of assumptions used for determining the fair value of options granted

 

                                                                                                                                                                                    

 

 

Years Ended
December 31,

 

Black-Scholes Assumptions

 

2017

 

2016

 

2015

 

Dividend yield

 

 

4.1

%

 

3.7

%

 

3.8

%

Expected volatility

 

 

27.1

%

 

30.8

%

 

32.5

%

Risk-free interest rate

 

 

2.0

%

 

1.4

%

 

1.5

%

Expected life of the option term (in years)

 

 

4.5

 

 

4.6

 

 

4.6

 

 

Schedule of stock option activity

 

                                                                                                                                                                                                                                                        

 

 

Number of
Options

 

Weighted-Average
Exercise Price

 

Outstanding at December 31, 2016

 

 

183,322

 

$

32.35

 

Granted

 

 

81,236

 

$

43.93

 

Cancelled and expired

 

 

(35,340

)

$

38.72

 

Exercised—intrinsic value $0.5 million; cash received $1.2 million

 

 

(39,289

)

$

31.12

 

​  

​  

Outstanding at December 31, 2017—$1.8 million intrinsic value and 7.5 years weighted-average remaining contractual term

 

 

189,929

 

$

36.37

 

​  

​  

Exercisable at December 31, 2017—$1.4 million intrinsic value and 6.4 years weighted-average remaining contractual term

 

 

109,084

 

$

32.85

 

​  

​  

Expected to vest—$1.7 million intrinsic value and 7.3 years weighted-average remaining contractual term

 

 

168,762

 

$

35.63

 

​  

​  

​  

​  

 

Schedule of non-vested restricted stock awards

 

                                                                                                                                                                                    

Non-vested awards

 

Shares

 

Weighted-Average
Grant Date
Fair Value

 

Non-vested at December 31, 2016

 

 

908,761

 

$

35.94

 

Granted

 

 

499,654

 

$

40.52

 

Vested

 

 

(286,083

)

$

35.35

 

Forfeited

 

 

(10,181

)

$

39.88

 

​  

​  

​  

​  

Non-vested at December 31, 2017

 

 

1,112,151

 

$

38.11

 

​  

​  

​  

​  

​  

​  

​  

​