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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Cash Proceeds Received from Share-based Payment Awards
The following table presents a summary of cash received, compensation costs recognized and excess tax expense (benefit), related to the Company's share-based awards:
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
 
 
(Amounts in thousands)
Cash received from stock option exercises
 
$
701

 
$
358

 
$
2,162

Compensation cost, all share-based awards
 
123

 
145

 
60

Excess tax (benefit) expense, all share-based awards
 
(7
)
 
4

 
8


Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table provides the assumptions used in the calculation of grant-date fair values of these stock options based on the Black-Scholes option pricing model:
Weighted-average grant-date fair value
$
8.09

Expected volatility
33.18
%
Risk-free interest rate
2.62
%
Expected dividend yield
5.40
%
Expected term in months
72


Summary of Stock Option Activity
The following table presents a summary of the stock option activity for the year ended December 31, 2019:
 
Shares
 
Weighted-Average
Exercise Price
 
Weighted-Average
Remaining Contractual Term
(Years)
 
Aggregate
Intrinsic Value
(in 000’s)
Outstanding at January 1, 2019
99,500

 
$
42.77

 
 
 
 
Exercised
(22,000
)
 
$
41.92

 
 
 
 
Canceled or expired
(10,000
)
 
$
43.01

 
 
 
 
Outstanding at December 31, 2019
67,500

 
$
43.01

 
8.1
 
$
376

Exercisable at December 31, 2019
15,000

 
$
43.01

 
8.1
 
$
84


Schedule of Options Authorized under Stock Option Plans, by Exercise Price Range
The following table presents information regarding stock options outstanding at December 31, 2019:
 
Options Outstanding
 
Options Exercisable
Range of Exercise Prices
Number of
Options
 
Weighted-Average
Remaining
Contractual Life
(Years)
 
Weighted-
Average  Exercise
Price
 
Number of
Options
 
Weighted-
Average  Exercise
Price
$43.01
67,500
 
8.1
 
$
43.01

 
15,000
 
$
43.01


Summary of Vested And Unvested RSU
The following table presents a summary of RSU awards activity, based on target vesting, during the years indicated:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Shares
 
Weighted-
Average Fair
Value per Share
 
Shares
 
Weighted-
Average  Fair
Value per Share
 
Shares
 
Weighted-
Average  Fair
Value per Share
Outstanding at January 1
75,250

 
$
53.49

 
169,000

 
$
53.66

 
271,000

 
$
51.09

Vested

 
$

 

 
$

 
(82,000
)
 
$
45.17

Forfeited/Canceled
(6,000
)
 
$
53.49

 
(8,000
)
 
$
53.49

 
(20,000
)
 
$
53.62

Expired
(69,250
)
 
$
53.49

 
(85,750
)
 
$
53.80

 

 
$

Outstanding at December 31

 
$

 
75,250

 
$
53.49

 
169,000

 
$
53.66