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Capital Transactions (Tables)
12 Months Ended
Dec. 31, 2022
Schedule of stock option activity

2022

2021

2020

 

Weighted

 

Weighted

Average

Aggregate

Weighted

Weighted

 

Average

Remaining

Intrinsic

Average

Average

 

Number of

Exercise

Contractual

Value

Number of

Exercise

Number of

Exercise

 

Options

Price

Term

($000)

Options

Price

Options

Price

 

Outstanding at beginning of year

    

16,633

$

14.62

 

1.0

years

$

410.4

    

57,653

    

$

14.74

    

60,231

    

$

14.74

Granted

 

 

 

 

 

 

Exercised

 

(9,817)

 

14.52

 

(41,020)

 

14.78

 

(2,578)

 

14.78

Cancelled

 

 

 

 

 

 

Outstanding at end of year

 

6,816

$

14.78

 

0.1

years

$

11.8

 

16,633

 

14.62

 

57,653

 

14.74

Exercisable at December 31, 2022

 

6,816

$

14.78

0.1

years

$

11.8

Exercisable at December 31, 2021

 

16,633

$

14.62

1.0

year

$

410.4

Schedule of stock options outstanding

The following table summarizes information about the Company’s stock options outstanding at December 31, 2022:

Options Outstanding

Options Exercisable

 

Weighted Average

 

Number

Remaining

Weighted Average

Number

Weighted Average

 

Range of Exercise Prices

Outstanding

Contractual Life

Exercise Price

Exercisable

Exercise Price

 

$14.00

to

$15.00

 

6,816

 

0.1

years

 

14.78

 

6,816

 

14.78

Schedule of restricted stock activity

    

    

Weighted-Average

 

Grant-Date Fair

 

Number of RSUs

Value

 

Non-vested RSUs outstanding at December 31, 2019

 

284,686

$

45.21

Granted

 

82,505

 

61.45

Vested

 

(103,231)

 

35.81

Cancelled

 

(25,983)

 

52.31

Non-vested RSUs outstanding at December 31, 2020

 

237,977

$

54.15

Granted

 

44,770

 

44.87

Vested

 

(69,184)

 

53.41

Cancelled

 

(13,390)

 

52.28

Non-vested RSUs outstanding at December 31, 2021

 

200,173

$

52.45

Granted

 

66,680

 

32.86

Vested

 

(86,534)

 

48.69

Cancelled

 

(20,297)

 

44.91

Non-vested RSUs outstanding at December 31, 2022

 

160,022

$

47.28

Performance Share Units (PSUs)  
Schedule of non-vested stock options

    

    

Weighted-Average

Grant-Date Fair

Number of PSUs

Value

Non-vested PSUs outstanding at December 31, 2019

 

233,571

$

45.44

Granted

 

69,132

 

61.45

Additional PSUs awarded from the 2017 grant

83,042

35.81

Vested

 

(166,084)

 

35.81

Cancelled

 

(23,052)

 

53.66

Non-vested PSUs outstanding at December 31, 2020

 

196,609

$

54.17

Granted

 

157,210

 

44.87

PSUs forfeited from the 2018 grant

(11,392)

53.41

Vested

 

(45,644)

 

53.41

Cancelled

 

(3,991)

 

53.30

Non-vested PSUs outstanding at December 31, 2021

 

292,792

$

49.39

Granted

 

225,345

 

32.73

PSUs forfeited from the 2019 grant

(45,695)

48.87

Vested

 

(30,480)

 

48.87

Cancelled

 

(13,032)

 

41.81

Non-vested PSUs outstanding at December 31, 2022

 

428,930

$

40.96