Equity Compensation (Tables)

3 Months Ended

Mar. 31, 2020

Equity Compensation [Abstract]

Schedule of Equity Compensation Expense and Related Income Tax Benefit Recognized

The following table summarizes the equity compensation expense and related income tax benefit recognized in the Consolidated Statements of Income (in thousands): 

	Three Months Ended March 31,
	2020		2019
Restricted awards:
Pre-tax compensation expense	$	1,398	$	1,163
Tax benefit	356		297
Restricted stock expense, net of tax	$	1,042	$	866
Performance awards:
Pre-tax compensation expense	$	1,010	$	896
Tax benefit	258		228
Performance award expense, net of tax	$	752	$	668

Schedule of Equity Compensation, Restricted Award Activity

The following table summarizes restricted award activity for the three months ended March 31, 2020:

	Number of Restricted Awards (in thousands)		Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	369		$	32.83
Granted	133		38.00
Vested	(76	)	33.39
Forfeited	(1	)	31.64
Nonvested at end of period	425		34.35

Schedule of Equity Compensation Performance Award Activity

The following table summarizes performance award activity for the three months ended March 31, 2020:

	Number of Performance Awards (in thousands)		Weighted Average Grant Date Fair Value ($)
Nonvested at beginning of period	327		$	28.75
Granted	100		37.65
Vested	(151	)	23.61
Forfeited	—		—
Nonvested at end of period	276		34.64