XML 50 R35.htm IDEA: XBRL DOCUMENT v3.20.2
Share-Based Compensation and Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2020
Restricted stock [Member]  
Share-Based Compensation and Benefit Plans  
Summary of activity of share-based compensation and benefit plans

For the Three Months Ended

For the Six Months Ended

June 30, 

June 30, 

    

2020

    

2019

    

2020

    

2019

Compensation expense for shares issued under the ESPP

$

697

$

632

$

1,343

$

1,209

Income tax benefit from compensation expense related to shares issued under the ESPP

176

157

338

301

Compensation expense for restricted shares awarded

351

348

702

687

Income tax benefit from compensation expense related to restricted awards

$

88

$

86

$

177

$

171

Stock option [Member]  
Share-Based Compensation and Benefit Plans  
Summary of stock options

Shares

Weighted- Average

(in thousands)

Exercise Price

Outstanding at December 31, 2019

 

1,635

$

218.10

Granted

 

149

 

384.75

Exercised

 

(121)

 

148.80

Forfeited or expired

 

(13)

 

293.46

Outstanding at June 30, 2020

 

1,650

$

237.64

Exercisable at June 30, 2020

 

1,107

$

193.01

Black-Scholes option pricing model

June 30, 

    

2020

2019

Risk free interest rate

 

0.96

%  

2.44

%  

Expected life

 

6.2

Years

6.0

Years

Expected volatility

 

25.8

%  

25.0

%  

Expected dividend yield

 

%  

%  

Summary of activity of share-based compensation and benefit plans

For the Three Months Ended

For the Six Months Ended

June 30, 

June 30, 

    

2020

    

2019

    

2020

2019

Compensation expense for stock options awarded

$

4,557

$

4,611

$

9,435

$

9,119

Income tax benefit from compensation expense related to stock options

 

1,148

 

1,146

 

2,377

 

2,267