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Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Option Activity

Weighted

Aggregate

Weighted

Average

Intrinsic

Average

Remaining

Value

 

Options

 

Exercise Price

 

Contractual Life

 

(in 000’s)

Outstanding options at January 1, 2022

1,669,325

$

78.63

Options granted

320,100

115.27

Options exercised

(98,967)

59.98

Options canceled/forfeited

(9,485)

93.40

Outstanding options at September 30, 2022

1,880,973

$

85.78

4.86

$

37,402

Exercisable options at September 30, 2022

960,605

$

71.37

3.48

$

30,181

Summary of Weighted Average Grant-date Assumptions and Weighted Average Fair Values

 

2022

 

2021

Weighted-average fair value of grants

$

20.99

$

17.01

Risk-free interest rates

2.86

%

0.70

%

Dividend yield

2.50

%

2.06

%

Expected volatility

22.89

%

22.73

%

Expected option life

5.06

years 

4.97

years

Schedule of Restricted Stock Units Activity

Weighted

Average

Grant Date

 

RSUs

 

Fair Value

Nonvested at January 1, 2022

45,068

$

97.67

Granted

16,705

116.60

Reinvested

291

108.78

Vested

(21,380)

93.07

Forfeited

(1,291)

76.82

Nonvested at September 30, 2022

39,393

$

108.25