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Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Stock-based Compensation [Abstract]  
Summary Of RSU Vested And Expected To Vest



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 

Granted During the Year Ended December 31,



Total

 

2018

 

2017

 

2016

Number of RSUs :

 

 

 

 

 

 

 

Granted

272,291 

 

70,688 

 

94,329 

 

107,274 

Outstanding at December 31, 2018

215,084 

 

65,390 

 

76,033 

 

73,661 



 

 

 

 

 

 

 

Vested and convertible at December 31, 2018

80,348 

 

14,233 

 

 —

 

66,115 

Scheduled to vest during:

 

 

 

 

 

 

 

2019

91,581 

 

21,178 

 

62,857 

 

7,546 

2020

18,708 

 

8,782 

 

9,926 

 

 —

2021

24,447 

 

21,197 

 

3,250 

 

 —



215,084 

 

65,390 

 

76,033 

 

73,661 



Schedule Of Share-based Payment Award Equity Instruments Other Than Options Valuation Assumptions



 

 

 

 

 

 



 

 

 

 

 

 



 

2018



 

Performance-Based

 

Service-Based



 

Vesting

 

Vesting

Grant date fair value

 

$27.09

 

$27.09 

to

$27.33 

Market price on grant date

 

$28.25

 

$28.25 

to

$28.50 

Expected annual dividend

 

$.60

 

 

 

$.60

Expected term (in years)

 

2.0

 

2.0 

to

3.0 

Risk-free interest rate

 

2.02%

 

1.89% 

to

2.02% 



 

 

 

 

 

 



 

2017

Grant date fair value

 

$26.27

 

$25.35 

to

$26.00 

Market price on grant date

 

$27.90

 

$27.50 

to

$28.15 

Expected annual dividend

 

$.56

 

 

 

$.56

Expected term (in years)

 

3.0

 

3.0 

to

4.0 

Risk-free interest rate

 

1.49%

 

1.60% 

to

1.67% 



 

 

 

 

 

 



 

2016

Grant date fair value

 

$18.17

 

$18.17 

to

$22.17 

Market price on grant date

 

$18.17

 

$18.17 

to

$22.17 



RSU Activity



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

 

 

 

 

Weighted-

 

 

 



 

 

 

Weighted-

 

Average

 

Aggregate

 



 

 

 

Average

 

Remaining

 

Intrinsic

 



 

Number of

 

Grant-Date

 

Contractual

 

Value

 



 

RSUs

 

Fair Value

 

Term (yrs.)

 

(in thousands)

 

Outstanding at January 1, 2018

 

274,134 

 

$         19.64

 

 

 

 

 

Granted

 

70,688 

 

27.10 

 

 

 

 

 

Converted

 

(107,722)

 

15.58 

 

 

 

 

 

Forfeited

 

(22,016)

 

22.86 

 

 

 

 

 

Outstanding at December 31, 2018

 

215,084 

 

$         23.79

 

0.68 

 

$             4,291

 

Vested and Convertible at December 31, 2018

 

80,348 

 

$         19.76

 

 —

 

$             1,603

 



Stock Option Activity



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

 

 

 

 

Weighted-

 

 

 



 

 

 

Weighted-

 

Average

 

Aggregate

 



 

 

 

Average

 

Remaining

 

Intrinsic

 



 

Number of

 

Exercise

 

Contractual

 

Value

 



 

Options

 

Price

 

Term (yrs.)

 

(in thousands)

 

Outstanding at January 1, 2018

 

159,807 

 

$         11.35

 

 

 

 

 

Exercised

 

(63,695)

 

10.66 

 

 

 

 

 

Outstanding at December 31, 2018

 

96,112 

 

$         11.80

 

1.40 

 

$                783

 

Exercisable at December 31, 2018

 

95,812 

 

$         11.79

 

1.38 

 

$                782