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Capital Stock and Equity Awards (Tables)
6 Months Ended
Jun. 30, 2018
Stockholders' Equity Note [Abstract]  
Schedule of dividends
The Company declared the following dividends during the first six months of 2018 and 2017:
Date of Declaration
 
Dividend per Common Share
 
Payable to Shareholders of Record on
 
Payment Date
 
Total Amount
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
February 22, 2018
 
$
0.30

 
March 12, 2018
 
March 30, 2018
 
$
9.0
 million
May 1, 2018
 
$
0.30

 
June 11, 2018
 
June 29, 2018
 
$
9.1
 million
 
 
$
0.60

 
 
 
 
 
$
18.1
 million
 
 
 
 
 
 
 
 
 
2017
 
 
 
 
 
 
 
 
February 14, 2017
 
$
0.30

 
March 13, 2017
 
March 31, 2017
 
$
8.9
  million
May 2, 2017
 
$
0.30

 
June 12, 2017
 
June 30, 2017
 
$
8.9
  million
 
 
$
0.60

 
 
 
 
 
$
17.8
 million
Schedule of summary of option activity
The following table summarizes the option activity for the six months ended June 30, 2018 and 2017:
 
Six Months Ended June 30,
 
2018
 
2017
 
Shares
 
Weighted-
Average
Exercise
Price
 
Shares
 
Weighted-
Average
Exercise
Price
Outstanding:
 

 
 

 
 

 
 

Beginning of period
1,479,236

 
$
27.81

 
2,234,699

 
$
22.84

Granted

 
$

 
205,244

 
$
42.24

Exercised
(255,609
)
 
$
21.14

 
(443,114
)
 
$
18.72

Forfeited
(29,446
)
 
$
36.26

 
(50,062
)
 
$
27.97

End of period
1,194,181

 
$
29.04

 
1,946,767

 
$
25.69

Exercisable, end of period
876,816

 
$
26.59

 
992,395

 
$
20.95

Schedule of summary of RSU activity
The following table summarizes the RSU activity for the six months ended June 30, 2018 and 2017:
 
Six Months Ended June 30,
 
2018
 
2017
 
Shares
 
Weighted-
Average
Grant Date
Fair Value
 
Shares
 
Weighted-
Average
Grant Date
Fair Value
 
 
 
 
 
 

 
 

Unvested, beginning of period
178,882

 
$
37.93

 
196,800

 
$
24.38

Granted
214,907

 
$
39.81

 
119,312

 
$
42.19

Vested
(63,191
)
 
$
40.92

 
(39,113
)
 
$
32.01

Forfeited
(4,454
)
 
$
41.04

 
(19,743
)
 
$
24.06

Unvested, end of period
326,144

 
$
38.55

 
257,256

 
$
31.50

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
June 30,
 
Six Months Ended
June 30,
 
2018
 
2017
 
2018
 
2017
 
(in thousands)
Share based compensation expense
$
1,660

 
$
1,784

 
$
3,115

 
$
3,578

U.S. tax benefit on share based compensation expense
198

 
477

 
371

 
946