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Capital Stock and Equity Awards (Tables)
3 Months Ended
Mar. 31, 2020
Stockholders' Equity Note [Abstract]  
Schedule of dividends
The Company declared the following dividends during the first three months of 2020 and 2019:
Date of Declaration
 
Dividend per Common Share
 
Payable to Shareholders of Record on
 
Payment Date
 
Total Amount (thousands)
 
 
 
 
 
 
 
 
 
2020
 
 
 
 
 
 
 
 
February 19, 2020
 
$
0.30

 
March 16, 2020
 
March 31, 2020
 
$
9,269

 
 
 
 
 
 
 
 
 
2019
 
 
 
 
 
 
 
 
February 20, 2019
 
$
0.30

 
March 11, 2019
 
March 29, 2019
 
$
9,146


Schedule of summary of option activity
The following table summarizes option activity:
 
Three Months Ended March 31,
 
2020
 
2019
 
Shares
 
Weighted-
Average
Exercise
Price
 
Shares
 
Weighted-
Average
Exercise
Price
Outstanding:
 

 
 

 
 

 
 

Beginning of period
643,851

 
$
30.41

 
1,115,324

 
$
29.02

Granted

 
$

 

 
$

Exercised

 
$

 
(125,349
)
 
$
29.47

Forfeited

 
$

 
(3,759
)
 
$
36.37

End of period
643,851

 
$
30.41

 
986,216

 
$
28.94

Exercisable, end of period
640,606

 
$
30.35

 
926,166

 
$
28.07


Schedule of summary of RSU activity
The following table summarizes RSU activity:
 
Three Months Ended March 31,
 
2020
 
2019
 
Shares
 
Weighted-
Average
Grant Date
Fair Value
 
Shares
 
Weighted-
Average
Grant Date
Fair Value
 
 
 
 
 
 

 
 

Unvested, beginning of period
340,368

 
$
41.50

 
300,142

 
$
39.22

Granted
179,016

 
$
43.55

 
167,295

 
$
42.07

Vested
(142,830
)
 
$
41.16

 
(109,545
)
 
$
39.93

Forfeited
(1,188
)
 
$
42.07

 
(1,398
)
 
$
40.26

Unvested, end of period
375,366

 
$
42.61

 
356,494

 
$
40.33


Schedule of summary of amount of expense and related tax benefit
Share based compensation expense is recognized on a straight line basis over the vesting period. The amount of expense and related tax benefit is summarized below:
 
Three Months Ended
March 31,
 
2020
 
2019
 
(in thousands)
Share based compensation expense
$
1,867

 
$
1,674

U.S. tax benefit on share based compensation expense
250

 
200