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Share-Based Compensation Plans (Tables)
 12 Months Ended
Dec. 31, 2019
Share-Based Compensation Amounts Included in Net Income
The table below presents the amounts included in net income related to share-based compensation expense for the awards granted under the SICP for the years ended December 31, 2019, 2018 and 2017:
 
For the Year Ended December 31,
 
2019
 
2018
 
2017
(in thousands)
 
 
 
 
 
Awards to non-employee directors
$
620

 
$
539

 
$
540

Awards to key employees
3,659

 
2,871

 
1,950

Total compensation expense
4,279

 
3,410

 
2,490

Less: tax benefit
(1,117
)
 
(934
)
 
(1,003
)
Share-based compensation amounts included in net income
$
3,162

 
$
2,476

 
$
1,487
Cash Proceeds Received and Tax Benefit from Share-based Payment Awards [Table Text Block] The below table presents the number of shares withheld, amounts remitted to taxing authorities and the tax benefits associated with these obligations:
 
 
For the Year Ended December 31,
 
 
2019
 
2018
 
2017
(amounts except shares, in thousands)
 
 
 
 
 
 
Shares withheld to satisfy tax obligations
 
7,635

 
16,918

 
10,269

Amounts remitted to tax authorities to satisfy obligations
 
$
692

 
$
1,210

 
$
692

Tax benefit associated with settlement of share based payments
 
$
—

 
$
—

 
$
349
SICP Awards to Key Employees  
Summary of Stock Activity Non-employee directors
The table below presents the summary of the stock activity for awards to key employees:
 
Number of
Shares
 
Weighted Average
Fair Value
Outstanding — December 31, 2017
132,642

 
$
59.31

   Granted
49,494

 
67.76

   Vested
(29,786
)
 
47.39

Vested - Accelerated pursuant to separation agreement
(16,676
)
 
75.78

   Expired
(3,933
)
 
49.66

Outstanding — December 31, 2018
131,741

 
67.24

   Granted (1)
88,048

 
92.74

   Vested
(25,831
)
 
67.08

   Expired
(15,086
)
 
69.28

   Forfeited (2)
(21,055
)
 
71.67

Outstanding — December 31, 2019
157,817

 
$
80.28