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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Restricted Stock Units (RSU) and Performance Share Awards (PSAs) [Member]  
Summary of Share Based Compensation Activity

The following table summarizes RSU and PSA activity during the past three years:

Units

2018

 

 

 

2017

 

 

 

2016

 

Balance at January 1,

 

929,386

 

 

 

 

679,038

 

 

 

 

674,523

 

Granted

 

435,542

 

 

 

 

375,435

 

 

 

 

302,722

 

Forfeited

 

(112,501

)

 

 

 

(96,306

)

 

 

 

(148,232

)

Shares delivered

 

(495,641

)

 

 

 

(28,781

)

 

 

 

(149,975

)

Balance at December 31,

 

756,786

 

 

 

 

929,386

 

 

 

 

679,038

 

 

Compensation Expense for Stock Option Activity

 

2018

 

 

 

2017

 

 

 

2016

 

Compensation expense

$

5,971

 

 

 

$

4,228

 

 

 

$

2,875

 

 

Stock Only Stock Appreciation Rights (SOSARs) [Member]  
Summary of Share Based Compensation Activity The following table sets forth information related to outstanding SOSARS:

 

2018

 

 

 

2017

 

 

2016

 

 

SOSARS

Shares

 

 

 

Wtd Avg Exercise Price

 

 

 

Shares

 

 

Wtd Avg

Exercise Price

 

 

Shares

 

 

Wtd Avg

Exercise Price

 

 

Outstanding at January 1,

 

2,561,846

 

 

 

$

17.87

 

 

 

 

2,736,616

 

 

$

17.64

 

 

 

2,199,742

 

 

$

17.82

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

743,925

 

 

17.54

 

 

Exercised

 

(158,545

)

 

 

 

13.31

 

 

 

 

(157,140

)

 

 

13.76

 

 

 

(61,190

)

 

 

10.70

 

 

Canceled / forfeited

 

(68,559

)

 

 

 

21.09

 

 

 

 

(17,630

)

 

 

18.46

 

 

 

(145,861

)

 

 

22.80

 

 

Outstanding at December 31,

 

2,334,742

 

 

 

$

18.08

 

 

 

 

2,561,846

 

 

$

17.87

 

 

 

2,736,616

 

 

$

17.64

 

 

Exercisable at December 31,

 

2,134,297

 

 

 

 

18.13

 

 

 

 

2,011,075

 

 

17.56

 

 

 

1,740,591

 

 

 

16.19

 

 

Vested and expected to vest

 

2,334,742

 

 

 

 

 

 

 

 

 

2,561,846

 

 

 

 

 

 

 

2,725,611

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SOSAR Grants

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average grant date

   fair value per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

4.07

 

 

 

 

 

 

Aggregate grant date

   fair value (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

3,013

 

 

 

 

 

 

Black-Scholes assumptions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividend yield

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.85

%

 

 

 

 

 

Risk free rate of return

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.34

%

 

 

 

 

 

Volatility

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

31.97

%

 

 

 

 

 

Expected life

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6

 

 

 

 

 

 

Compensation expense

   (in thousands)

$

317

 

 

 

 

 

 

 

 

$

1,266

 

 

 

 

 

 

$

2,607