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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2024
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 2024, 2023 and 2022:
 202420232022
Expected annual dividend yield1.8 %2.5 %2.0 %
Risk-free interest rate4.26 %4.06 %1.85 %
Expected volatility44.5 %49.9 %52.8 %
Expected life in years4.84.85.0
Schedule of Outstanding and Exercisable Options
The following table summarizes information concerning outstanding and exercisable options:
 Weighted Average
 202420232022
 SharesWeighted
Avg. Exercise
Price
SharesWeighted
Avg. Exercise
Price
SharesWeighted
Avg. Exercise
Price
Outstanding at beginning of year541,657 $26.10 509,212 $25.65 463,304 $24.28 
Granted70,170 $43.83 80,976 $28.99 79,025 $32.65 
Exercised(58,407)$24.09 (25,967)$20.25 (29,917)$22.87 
Canceled or expired(64,037)$30.41 (22,564)$33.01 (3,200)$26.61 
Outstanding at end of year489,383 $28.32 541,657 $26.10 509,212 $25.65 
Options exercisable at year end349,274  333,796  297,889  
Weighted average fair value per option granted during the year$16.53  $11.30  $13.07  
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, 2024:
Range of Exercise PricesOptions Outstanding and
Exercisable
Weighted
Average
Exercise
Price
Weighted Average
Remaining
Contractual Life
Aggregate
Intrinsic
Value (in
millions)
$5.00 to$15.00 41,500 $5.91 1.74$0.8 
$15.01 to$25.00 213,881 $23.57 3.370.2 
$25.01 to$35.00 130,901 $31.04 7.260.0 
$35.01 to$45.00 103,101 $43.73 7.470.0 
$5.00 to$45.00 489,383 $28.32 5.14$1.0 
Schedule of Unvested Stock Options
The following table reflects the activity for all unvested stock options during 2024:
 SharesWeighted
Average Grant-
Date Fair Value
Unvested at January 1, 2024207,861 $12.29 
Granted70,170 $16.53 
Vested(75,093)$12.51 
Forfeited(62,829)$12.72 
Unvested at December 31, 2024140,109 $14.28 
Schedule of 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 GrantedShares Granted
Outstanding at December 31, 2024
Rights to Cash DividendOther Participation RightsPerformance AwardCompensation Expense
Year Ended December 31,
202420232022
201930,251 YesNoneNo$0.0 $0.0 $0.1 
2019149,412 YesNoneYes0.0 0.0 0.3 
202028,272 YesNoneNo0.0 0.1 0.1 
202043,330 YesNoneYes0.0 (0.1)0.1 
202125,371 805 YesNoneNo(0.1)0.2 0.3 
202132,874 YesNoneYes(0.1)(0.1)0.2 
202260,808 3,225 YesNoneNo(0.2)0.5 0.8 
202232,875 13,892 YesNoneYes(0.2)0.0 0.6 
202381,127 37,974 YesNoneNo0.3 0.90.0
202356,222 42,103 YesNoneYes0.00.00.0
2024205,302 183,454 YesNoneNo1.8 0.00.0
202448,652 42,206 YesNoneYes0.0 0.00.0
Total$1.5 $1.5 $2.5 
Schedule of Nonvested Restricted Stock Shares Activity
The following table reflects the activity for all unvested restricted stock during 2024:
SharesWeighted
Average Grant-
Date Fair Value
Unvested at January 1, 2024232,853 $30.22 
Granted259,690 $37.14 
Vested(56,128)$30.64 
Forfeited(100,897)$33.95 
Unvested at December 31, 2024335,518 $34.51