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Share-Based Employee Compensation (Tables)
 12 Months Ended
Dec. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Shares Authorized, Available for Future Grant and Outstanding Under Each Plans
The following table presents shares authorized, available for future grant and outstanding under each of the Company’s plans as of December 31, 2019:
 
Authorized
 
Available
 
Outstanding(1)
 
(In thousands)
2004 Incentive Plan
33,000

 
9,003

 
2,671

2013 Directors Plan
1,000

 
640

 
56

Total
34,000

 
9,643

 
2,727

 

(1)
Includes 4,000 shares of accrued incremental dividend equivalent rights on outstanding shares underlying restricted stock units granted under the 2004 Incentive Plan and 2013 Directors Plan.
Stock Option Activities
The following table summarizes the Company’s stock option activities for the year ended December 31, 2019 (in thousands, except price per share and contractual term):
Options
Number of
Shares
 
Weighted-
Average
Exercise Price
Per Share
 
Weighted-
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
Outstanding at January 1, 2019
691

 
$
6.54

 
 
 
 
Granted
—

 
$
—

 
 
 
 
Exercised
(56
)
 
$
6.60

 
 
 
 
Forfeited
—

 
$
—

 
 
 
 
Expired
—

 
$
—

 
 
 
 
Outstanding at December 31, 2019
635

 
$
6.53

 
3.07
 
$
9,313

Vested and expected to vest in the future at December 31, 2019
635

 
$
6.53

 
3.07
 
$
9,313

Exercisable at December 31, 2019
635

 
$
6.53

 
3.07
 
$
9,313
Roll-Forward of Activity for Restricted Stock Units
The table below is a roll-forward of the activity for restricted stock units during the 12 months ended December 31, 2019 (in thousands, except fair value amounts):
Restricted Stock Units
Units
 
Weighted-
Average
Grant-Date
Fair Value
Nonvested at January 1, 2019
1,239

 
$
12.16

Granted
479

 
15.63

Vested
(543
)
 
11.53

Forfeited
(139
)
 
12.56

Nonvested at December 31, 2019(1)
1,036

 
$
14.04


 
(1)
Excludes 4,000 shares of accrued incremental dividend equivalent rights on outstanding shares underlying restricted stock units granted under the 2004 Incentive Plan and 2013 Directors Plan.
Roll-Forward of Activity for Performance Share Units
The table below is a roll-forward of the activity for performance share units during the 12 months ended December 31, 2019 (in thousands, except fair value amounts):
Performance Share Units
Units
 
Weighted-
Average
Grant-Date
Fair Value
Nonvested at January 1, 2019
1,119

 
$
11.10

Granted
375

 
15.88

Target Award Adjustment(1)
383

 
8.61

Vested
(774
)
 
8.66

Forfeited
(52
)
 
15.28

Nonvested at December 31, 2019
1,051

 
$
13.50


 
(1)
Represents shares earned by participants at 200.0% for awards granted in 201
Summary of Total Number of Stock Appreciation Rights Granted
 
 
 
 
Share-Based Compensation Including Expense for Phantom Stock Units and Cash Settled Stock Appreciation Rights Granted to Employees
The table below summarizes the amounts recognized in the financial statements for the years ended December 31, 2019, 2018 and 2017 for share-based compensation, including expense for restricted stock units, performance share units, stock options and cash settled stock appreciation rights (in thousands):
 
2019
 
2018
 
2017
Cost of sales
$
961

 
$
976

 
$
907

Operating expenses
11,935

 
12,554

 
11,708

Total cost of employee share-based compensation included in income before income tax
$
12,896

 
$
13,530

 
$
12,615