Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans (Tables)

v3.20.2
Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2020
Retirement Benefits [Abstract]  
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 June 30, For the Six Months Ended June 30,
  2020 2019 2020 2019
Risk-free interest rate 0.3% 2.1% 1.3% 2.5%
Expected life of options — years 3.80 3.99 3.82 3.36
Expected stock price volatility 36% 34% 25% 26%
Expected dividend yield 0.9% 0.9% 0.7% 0.8%
Stock options activity under share-based payment plans
The following table summarizes stock option activity under our share-based plans for the six months ended June 30, 2020:
  Options Weighted-
Average
Exercise
Price Per Share
Weighted-
Average
Remaining
Contractual
Term (Years)
Aggregate
Intrinsic
Value
Outstanding as of December 31, 2019 208    $ 4.46   
Granted   $ 7.17   
Exercised (13)   $ 3.97   
Forfeited, cancelled or expired (1)   $ 6.10   
Outstanding as of June 30, 2020 201    $ 4.58    5.28 $ 294   
Exercisable as of June 30, 2020 143    $ 4.07    4.47 $ 265   
Summary 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 six months ended June 30, 2020:
  Shares Grant Date
Fair Value
Per Share
Nonvested as of December 31, 2019 75    $ 5.95   
Granted   $ 7.01   
Vested (12)   $ 5.81   
Forfeited (3)   $ 5.98   
Nonvested as of June 30, 2020 67    $ 6.08