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Stock Options and Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Option Activity

Activity with respect to these plans is as follows:

   2018  2017  2016
Shares under option January 1   29,340    62,390    88,773 
Options canceled   -      150    -   
Options exercised   10,400    32,900    26,383 
Shares under option at December 31   18,940    29,340    62,390 
Options exercisable at December 31   18,940    29,340    62,390 

 

The weighted average exercise price is as follows:

   2018  2017  2016
Shares under option January 1  $18.40   $18.28   $18.67 
Options canceled   -      20.63    -   
Options exercised   19.38    18.16    19.60 
Shares under option December 31   17.87    18.40    18.28 
Options exercisable December 31   17.87    18.40    18.28
Schedule of Executive Management Share-based Compensation Activity

As of December 31, 2018, there were 1,146,440 shares of Company stock authorized for the payment of awards under these plans. Information with respect to these plans is presented below:

   Number of
shares
  Weighted
average grant
date value
per share
  Year-end
intrinsic
value (000's)
Shares potentially payable at January 1, 2016   188,308   $35.35   $6,657 
Forfeitures   -      -        
Payments   (86,926)  $33.43      
Shares accrued based on 2016 performance   88,036   $36.78      
Shares potentially payable at December 31, 2016   189,418   $36.90   $6,989 
Forfeitures   -      -        
Payments   (75,545)  $36.35      
Shares accrued based on 2017 performance   43,532   $48.26      
Shares potentially payable at December 31, 2017   157,405   $40.30   $6,343 
Forfeitures   -             
Payments   (79,762)  $39.90      
Shares accrued based on 2018 performance   34,822   $70.59      
Shares potentially payable at December 31, 2018   112,465   $49.96   $5,619 
Schedule of Other Management Share-based Compensation Activity

The determination of compensation expense for other management share-based compensation plans is based on the number of outstanding share units, the end-of-period share price, and Company performance. Information with respect to these plans is presented below:

   Number of shares  Weighted average value per share  Cash paid for share based liabilities  (000's)
Share units potentially payable at January 1, 2016   252,866           
Grants   118,279           
Changes due to performance   18,779           
Payments   (88,073)  $33.20   $2,924 
Forfeitures   (40,706)          
Share units potentially payable at December 31, 2016   261,145           
Grants   96,505           
Changes due to performance   (11,891)          
Payments   (89,190)  $46.64   $4,160 
Forfeitures   (20,473)          
Share units potentially payable at December 31, 2017   236,096           
Grants   65,370           
Changes due to performance   14,343           
Payments   (75,545)  $62.69   $4,736 
Forfeitures   (12,963)          
Share units potentially payable at December 31, 2018   227,301