Share-based Compensation (Tables)
|
12 Months Ended |
Dec. 31, 2020 |
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
|
Share-Based Compensation Expense and Related Tax Benefits |
The table below provides the share-based compensation expense and related tax benefits for the periods indicated:
|
|
Year Ended December 31,
|
|
|
|
2020
|
|
|
2019
|
|
|
2018
|
|
Share-based compensation expense
|
|
$
|
2,544
|
|
|
$
|
3,125
|
|
|
$
|
3,515
|
|
Related tax benefits
|
|
$
|
734
|
|
|
$
|
941
|
|
|
$
|
984
|
|
|
Summary of Information under Plans |
The following information under the Plans is presented for the periods indicated:
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|
Year Ended December 31,
|
|
|
|
2020
|
|
|
2019
|
|
|
2018
|
|
Fair value of options vested
|
|
$
|
—
|
|
|
$
|
—
|
|
|
$
|
184
|
|
Total intrinsic value of options exercised (1)
|
|
$
|
—
|
|
|
$
|
842
|
|
|
$
|
—
|
|
Cash received from options exercised
|
|
$
|
—
|
|
|
$
|
2,979
|
|
|
$
|
—
|
|
(1)
|
Intrinsic value represents the difference between the closing stock price on the exercise date and the exercise price, multiplied by the number of options.
|
|
Summary of Stock Option Transactions under Plans |
The following is a summary of stock option transactions under the Plans for the periods indicated:
|
|
Year Ended December 31,
|
|
|
|
2020
|
|
|
2019
|
|
|
2018
|
|
|
|
Number of
Shares
|
|
|
Weighted-
Average
Exercise
Price Per
Share
|
|
|
Number of
Shares
|
|
|
Weighted-
Average
Exercise
Price Per
Share
|
|
|
Number of
Shares
|
|
|
Weighted-
Average
Exercise
Price Per
Share
|
|
Options outstanding at beginning of period
|
|
|
156,438
|
|
|
$
|
18.84
|
|
|
|
338,338
|
|
|
$
|
17.52
|
|
|
|
364,088
|
|
|
$
|
17.86
|
|
Options exercised
|
|
|
—
|
|
|
$
|
—
|
|
|
|
(181,900
|
)
|
|
$
|
16.38
|
|
|
|
(25,750
|
)
|
|
$
|
22.06
|
|
Options forfeited
|
|
|
(30,500
|
)
|
|
$
|
15.73
|
|
|
|
—
|
|
|
$
|
—
|
|
|
|
—
|
|
|
$
|
—
|
|
Options expired
|
|
|
—
|
|
|
$
|
—
|
|
|
|
—
|
|
|
$
|
—
|
|
|
|
—
|
|
|
$
|
—
|
|
Options outstanding at end of period
|
|
|
125,938
|
|
|
$
|
19.59
|
|
|
|
156,438
|
|
|
$
|
18.84
|
|
|
|
338,338
|
|
|
$
|
17.52
|
|
Options exercisable at end of period
|
|
|
125,938
|
|
|
$
|
19.59
|
|
|
|
156,438
|
|
|
$
|
18.84
|
|
|
|
338,338
|
|
|
$
|
17.52
|
|
|
Summary of Stock Options Outstanding under Plans |
As of December 31, 2020, stock options outstanding under the Plans were as follows:
|
|
Options Outstanding
|
|
Options Exercisable
|
|
|
Number of
Shares
|
|
|
Intrinsic
Value
(1)
|
|
|
Weighted-
Average
Average
Exercise
Price Per
Share
|
|
|
Weighted-
Average
Remaining
Contractual
Life
|
|
Number of
Shares
|
|
|
Intrinsic
Value
(1)
|
|
|
Weighted-
Average
Exercise
Price Per
Share
|
|
|
Weighted-
Average
Remaining
Contractual
Life
|
$10.80 to $14.99
|
|
|
4,938
|
|
|
$
|
—
|
|
|
$
|
12.54
|
|
|
1.95 years
|
|
|
4,938
|
|
|
$
|
—
|
|
|
$
|
12.54
|
|
|
1.95 years
|
$15.00 to $19.99
|
|
|
50,000
|
|
|
|
—
|
|
|
|
16.43
|
|
|
2.66 years
|
|
|
50,000
|
|
|
|
—
|
|
|
|
16.43
|
|
|
2.66 years
|
$20.00 to $24.83
|
|
|
71,000
|
|
|
|
—
|
|
|
|
22.31
|
|
|
3.84 years
|
|
|
71,000
|
|
|
|
—
|
|
|
|
22.31
|
|
|
3.84 years
|
|
|
|
125,938
|
|
|
$
|
—
|
|
|
$
|
19.59
|
|
|
|
|
|
125,938
|
|
|
|
|
|
|
$
|
19.59
|
|
|
|
(1)
|
Intrinsic value represents the difference between the closing stock price on the last trading day of the period, which was $11.34 as of December 31, 2020, and the exercise price, multiplied by the number of options. This value is presented in thousands.
|
|
Schedule of Restricted Stock Awards under 2013 Plan |
The table below provides information for restricted stock awards under the 2013 Plan for the periods indicated:
|
|
2020
|
|
|
2019
|
|
|
2018
|
|
|
|
Number of
Shares
|
|
|
Weighted-
Average
Grant Date
Fair Value
Per Share
|
|
|
Number of
Shares
|
|
|
Weighted-
Average
Grant Date
Per Share
|
|
|
Number of
Shares
|
|
|
Weighted-
Average
Grant Date
Fair Value
Per Share
|
|
Restricted stock at beginning of period
|
|
|
296,201
|
|
|
$
|
22.91
|
|
|
|
304,595
|
|
|
$
|
21.98
|
|
|
|
317,783
|
|
|
$
|
21.09
|
|
Restricted stock granted
|
|
|
125,896
|
|
|
$
|
8.51
|
|
|
|
181,204
|
|
|
$
|
22.05
|
|
|
|
156,771
|
|
|
$
|
25.02
|
|
Restricted stock vested
|
|
|
(137,892
|
)
|
|
$
|
24.68
|
|
|
|
(99,527
|
)
|
|
$
|
27.56
|
|
|
|
(106,674
|
)
|
|
$
|
27.11
|
|
Restricted stock forfeited
|
|
|
(40,497
|
)
|
|
$
|
16.55
|
|
|
|
(90,071
|
)
|
|
$
|
13.78
|
|
|
|
(63,285
|
)
|
|
$
|
15.38
|
|
Restricted stock at end of period
|
|
|
243,708
|
|
|
$
|
15.60
|
|
|
|
296,201
|
|
|
$
|
22.91
|
|
|
|
304,595
|
|
|
$
|
21.98
|
|
|