XML 46 R37.htm IDEA: XBRL DOCUMENT v3.22.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Summary Of The Status Of Nonvested Share Awards A summary of the status of the Company’s nonvested share awards as of March 31, 2022, and changes during the three month period then ended, is presented below.
 
 
 

Shares Weighted Average Grant Date Fair Value
Nonvested at January 1, 20221,120,491 $55.58
Granted225,152 70.92
Vested(238,899)47.60
Forfeited(3,088)55.13
Nonvested at March 31, 20221,103,656 $60.44
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The current year per share average fair value and the model assumptions are shown in the table below.
Weighted per share average fair value at grant date$17.42 
Assumptions:
Dividend yield
1.5 %
Volatility
28.4 %
Risk-free interest rate
1.6 %
Expected term
5.7 years
Summary Of SAR Activity
A summary of SAR activity during the first three months of 2022 is presented below.

 
 
 
 
(Dollars in thousands, except per share data)
Rights
Weighted Average Exercise Price
Weighted Average Remaining Contractual Term
Aggregate Intrinsic Value
Outstanding at January 1, 2022896,348 $46.21 
Granted96,318 70.64 
Forfeited(1,797)58.26 
Expired(257)57.18 
Exercised(23,137)44.54 
Outstanding at March 31, 2022
967,475 $48.65 6.0 years$22,190