Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2020

Shares awarded to non-employee directors [Line Items]

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

The table below presents the amounts included in net income related to share-based compensation expense for the three and nine months ended September 30, 2020 and 2019:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
(in thousands)
Awards to non-employee directors	$	188	$	158	$	545	$	463
Awards to key employees	1,144		1,052		3,109		1,842
Total compensation expense	1,332		1,210		3,654		2,305
Less: tax benefit	(348)		(315)		(955)		(600)
Share-based compensation amounts included in net income	$	984	$	895	$	2,699	$	1,705

Award to key employees [Member]

Shares awarded to non-employee directors [Line Items]

Schedule of Share-based Compensation, Activity

The table below presents the summary of the stock activity for awards to key employees for the nine months ended September 30, 2020: 

	Number of Shares	Weighted Average Fair Value
Outstanding—December 31, 2019	157,817	$	80.28
Granted	69,345	$	92.78
Vested	(35,651)	$	66.48
Expired	(5,302)	$	65.32
Outstanding—September 30, 2020	186,209	$	86.98