Stock Award Plans and Stock Based Compensation (Tables)

3 Months Ended

Mar. 31, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Key weighted-average assumptions used to apply this pricing model during three months ended March 31, 2021 were as follows:

	For the Three Months Ended March 31, 2021
Risk-free interest rate	0.59%
Expected life of option grants	5 years
Expected volatility of underlying stock	38.15%
Dividends assumption	--