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Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2020
Retirement Benefits [Abstract]  
Schedule of Fair Value of Options Granted
The following table summarizes the weighted-average assumptions used to compute the fair value of options granted to employees:
 For the Three Months Ended September 30,For the Nine Months Ended September 30,
 202020202019
Risk-free interest rate0.2%1.3%2.5%
Expected life of options — years3.793.823.36
Expected stock price volatility34%25%26%
Expected dividend yield0.9%0.7%0.8%
Schedule of Stock Options Activity Under Share-based Payment Plans
The following table summarizes stock option activity under our share-based plans for the nine months ended September 30, 2020:
 OptionsWeighted-
Average
Exercise
Price Per Share
Weighted-
Average
Remaining
Contractual
Term (Years)
Aggregate
Intrinsic
Value
Outstanding as of December 31, 2019208 $4.46 
Granted$7.16 
Exercised(18)$3.69 
Forfeited, cancelled or expired(2)$6.21 
Outstanding as of September 30, 2020196 $4.61 4.77$206 
Exercisable as of September 30, 2020154 $4.25 4.13$195 
Schedule of Restricted Stock Unit and Stock Award Activity
The following table summarizes the restricted stock unit, including PRSU, activity under our share-based plans for the nine months ended September 30, 2020:
 SharesGrant Date
Fair Value
Per Share
Nonvested as of December 31, 201975 $5.95 
Granted33 $6.14 
Vested(28)$5.82 
Forfeited(4)$6.00 
Nonvested as of September 30, 202076 $6.07