Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation Plan (Tables)

v3.22.4
Stock-Based Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2022
Stock-Based Compensation Plan [Abstract]  
Schedule Of Valuation Assumptions Used In Computing Fair Value Of Stock-Based Awards

2022

2021

2020

Number of options

430

10

500

1,098

Option vesting period

1 - 3 Years

Immediate

1 - 3 Years

1 - 5 Years

Grant price (per share)

$18.67 - $27.65

$21.83

$15.15 - $24.43

$9.99 - $16.93

Dividend yield

0.36% - 0.54%

0.46%

0.41% - 0.66%

0.59% - 1.00%

Expected volatility (a)

38.6% - 40.9%

39.4%

39.1% - 43.6%

40.9% - 44.2%

Risk-free interest rate

1.46% - 3.38%

1.66%

0.50% - 1.02%

0.41% - 0.65%

Expected life (years) (b)

5.31 - 6.01

5.50

5.31 - 6.00

5.31 - 6.50

Weighted average fair value (per share)

$7.82 - $10.41

$8.03

$5.88 - $9.23

$3.72 - $6.89

(a)Expected volatility is based upon the Company’s historical volatility.

(b)The expected term was determined based upon the underlying terms of the awards and the category and employment history of employee award recipient.

Schedule Of Share Based Payment Award Restricted Stock Valuation Assumptions

March 4, 2022

May 28, 2021

August 27, 2020

Number issued

700

500

100

Vesting period

$50.00 stock price target

$35.00 stock price target

$15.00 stock price target

Grant price (per share)

$21.83

$23.69

$12.72

Dividend yield

0.46%

0.42%

0.79%

Expected volatility

41.0%

42.3%

41.1%

Risk-free interest rate

1.74%

0.30%

0.19%

Expected term (years)

4.15

1.05

0.52

Weighted average fair value (per share)

$15.37

$14.46

$9.91

Schedule Of Total Non-Cash Stock Compensation Expense Related To Stock Options, Stock Awards, And Restricted Stock

Year Ended December 31,

2022

2021

2020

Restricted stock awards

$

6,122

$

5,241

$

1,488

Stock options

5,239

4,236

1,989

Stock awards

-

-

3,314

Total

$

11,361

$

9,477

$

6,791

Summary Of Changes In Outstanding Options

Options

Weighted Average Exercise Price

Aggregate Intrinsic Value

Restricted Stock Awards

Outstanding at December 31, 2021

4,141

$

10.27

$

72,265

1,000

Granted

440

8.32

700

Exercised or vested

(307)

8.85

(154)

Expired

-

-

-

Cancelled

-

-

-

Forfeited

(28)

-

-

Outstanding at December 31, 2022

4,246

$

11.46

$

-

1,546

Options exercisable at December 31, 2022

3,364

9.98

$

-

Schedule Of Shares Authorized Under Stock Option Plans, By Exercise Price Range

Remaining Life In Years

Weighted Average

Exercise Price Range

Outstanding

Exercisable

Outstanding

Exercisable

Exercise Price

$4.38 - $18.29

3,721

3,119

5.3

5.3

$

9.01

$18.29 - $27.65

525

245

9.1

9.1

$

22.30

4,246

3,364

6.8

6.8

$

9.98