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Stock Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2019
Stock Benefit Plans  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

 

December 31, 2019

 

December 31, 2018

 

December 31, 2017

 

CEO

 

Employees

 

CEO

 

Employees

 

CEO

 

Employees

Risk-free interest rate

    

1.59

%  

1.42

%  

2.52

%  

2.67

%  

1.64

%  

1.56

%

Expected life (in years)

 

3.67

 

3.67

 

3.85

 

3.68

 

3.85

 

3.85

Expected volatility

 

28.62

%  

26.96

%  

23.20

%  

22.51

%  

21.89

%  

22.70

%

Expected dividend yield

 

6.47

%  

6.12

%  

4.67

%  

4.54

%  

4.22

%  

4.42

%

Schedule of Share-based Compensation, Stock Options, Activity

    

    

Weighted Avg.

Weighted Avg.    

    

Exercise Price

Remaining

Aggregate

Per Share

Contractual

Intrinsic Value

(Amounts in thousands, expect per share and term data)

Shares

($)

Term

($)

Balance at December 31, 2018

5,380

$

50.60

  

  

Granted

1,971

$

56.15

  

  

Exercised

(441)

$

39.70

  

  

Canceled or exchanged

(50)

$

51.83

  

  

Forfeited

(452)

$

59.41

  

  

Expired

$

  

  

Balance at December 31, 2019

6,408

$

52.42

6.91

$

15,776

Vested and expected to vest at December 31, 2019

6,122

$

52.08

6.81

$

15,776

Options exercisable at December 31, 2019

3,066

$

46.59

4.64

$

15,776

Schedule of Share-based Payment Award, Stock Options, Weighted-Average Information

 

Year Ended December 31, 

(Amounts in thousands, expect per share data)

    

2019

    

2018

    

2017

Weighted average grant date fair value per share of options granted

$

6.38

$

8.01

$

6.26

Total intrinsic value of options exercised

$

7,130

$

31,822

$

52,955

Total fair value of vested options

$

10,253

$

8,446

$

8,436

Total cash received from the exercise of stock options

$

17,495

$

41,658

$

60,583

Schedule of Nonvested Share Activity

The following table summarizes stock, restricted stock and restricted stock unit activity for the year ended December 31, 2019:

    

    

Weighted 

Average Grant 

Date Fair Value

 Per Share

(Amounts in thousands, except per share amounts)

Shares

($)

Non-vested balance at December 31, 2018

16

$

63.69

Granted

62

$

48.29

Vested

(16)

$

63.69

Forfeited

$

Canceled

$

Non-vested balance at December 31, 2019

62

$

48.29

Schedule of Share-based Payment Award, Other than Stock Options, Weighted-Average Information

 

Year Ended December 31, 

(Amounts in thousands, expect per share data)

    

2019

    

2018

    

2017

Weighted average grant date fair value per share of stock awards granted

$

48.29

$

63.80

$

61.74

Total grant date fair value of stock awards granted

$

3,007

$

4,185

$

750

Total fair value of vested stock awards

$

1,027

$

3,888

$

560

Schedule of stock-based compensation expense

Year Ended December 31, 

(Amounts in thousands)

2019

2018

2017

Long-Term Incentive Plan

  

 

  

Options and other

$

13,037

$

15,543

$

16,910

Performance awards

 

 

(62,512)

 

(39,935)

Employee Stock Purchase Plan

 

237

 

285

 

328

Total Stock-Based Compensation

$

13,274

$

(46,684)

$

(22,697)