SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Weighted-Average Assumptions Used To Estimate the Fair Value of Options Granted

The following table presents the weighted-average assumptions used to estimate the fair value of options granted in 2021, 2020 and 2019:

	2021		2020		2019
Expected annual dividend yield	1.4	%	2.0	%	1.9	%
Risk-free interest rate	0.75	%	1.38	%	2.65	%
Expected volatility	51.9	%	51.1	%	50.4	%
Expected life in years	5.0		5.2		5.0

Schedule of Outstanding and Exercisable Options

The following table summarizes information concerning outstanding and exercisable options:

	Weighted Average
	2021				2020				2019
	Shares		Weighted Avg. Exercise Price		Shares		Weighted Avg. Exercise Price		Shares		Weighted Avg. Exercise Price
Outstanding at beginning of year	661,024		$	19.78	764,784		$	17.31	596,148		$	11.64
Granted	110,112		$	38.02	111,872		$	23.60	1,038,536		$	15.76
Exercised	(196,639)		$	15.37	(191,780)		$	11.68	(224,750)		$	8.92
Canceled or expired	(111,193)		$	26.87	(23,852)		$	23.71	(645,150)		$	12.50
Outstanding at end of year	463,304		$	24.28	661,024		$	19.78	764,784		$	17.31
Options exercisable at year end	223,158				302,283				227,598
Weighted average fair value per option granted during the year	$	18.50			$	9.12			$	9.16

Schedule of Options Vested and Exercisable or Nonvested, Expected to Vest (Nonvested Outstanding Less Expected Forfeitures)

The following table summarizes information about options vested and exercisable or non-vested that are expected to vest (non-vested outstanding less expected forfeitures) at December 31, 2021:

Range of Exercise Prices					Options Outstanding and Exercisable	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life	Aggregate Intrinsic Value (in millions)
$	5.00	to	$	15.00	48,250	$	5.92	4.64	$	1.7
$	15.01	to	$	25.00	351,223	$	23.53	6.95	6.1
$	25.01	to	$	35.00	8,880	$	33.71	9.39	0.1
$	35.01	to	$	45.00	54,951	$	43.69	9.23	0.0
$	5.00	to	$	45.00	463,304	$	24.28	7.02	$	7.9

Schedule of Unvested Stock Options

The following table reflects the activity for all unvested stock options during 2021:

	Shares	Weighted Average Grant- Date Fair Value
Unvested at January 1, 2021	358,741	$	9.63
Granted	110,112	$	18.50
Vested	(117,514)	$	10.49
Forfeited	(111,193)	$	10.66
Unvested at December 31, 2021	240,146	$	12.80

Restricted Stock Award Activity

The following table reflects the activity for restricted stock awards, excluding the restricted stock issued to Directors (in millions, except shares data):

Year Granted	Shares Granted	Outstanding at December 31, 2021	Rights to Cash Dividend	Other Participation Rights	Performance Award	Compensation Expense
						Year Ended December 31,
						2021		2020		2019
2012	50,000	—	Yes	None	No	0 (1)		0 (1)		0 (1)
2016	100,000	—	Yes	None	No	0.0		0.0		0 (1)
2019	30,251	18,150	Yes	None	No	0.1		0.2		0.3
2019	149,412	24,187	Yes	None	Yes	0.1		1.2		1.3
2020	28,272	21,204	Yes	None	No	0.2		0.4		0.0
2020	43,330	10,661	Yes	None	Yes	0.1		0.6		0.0
2021	25,371	25,371	Yes	None	No	0.4		0.0		0.0
2021	32,874	19,713	Yes	None	Yes	0.3		0.0		0.0
					Total	$	1.2	$	2.4	$	1.6

1 less than $0.1 million of expense recorded

Nonvested Restricted Stock Shares Activity

The following table reflects the activity for all unvested restricted stock during 2021:

	Shares	Weighted Average Grant- Date Fair Value
Unvested at January 1, 2021	163,760	$	23.06
Granted	64,161	$	37.29
Vested	(53,245)	$	23.25
Forfeited	(39,230)	$	27.36
Unvested at December 31, 2021	135,446	$	28.48