Annual report pursuant to Section 13 and 15(d)

Benefit Plans (Tables)

v3.20.4
Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2020
Retirement Benefits [Abstract]  
Schedule of Fair Value of Options Granted
The following table summarizes the weighted-average assumptions used to compute the fair value of options granted to employees and members of our board of directors:
  For the Years Ended December 31,
  2020 2019 2018
Risk-free interest rate 1.0% 2.4% 2.7%
Expected life of options — years 3.91 3.41 4.38
Expected stock price volatility 28% 26% 23%
Expected dividend yield 0.8% 0.8% 0.7%
Schedule of Stock Options Activity Under Share-based Payment Plans
The following table summarizes stock option activity under our share-based plans for the years ended December 31, 2020, 2019 and 2018:
  Options Weighted-
Average
Exercise
Price Per Share
Weighted-
Average
Remaining
Contractual
Term (Years)
Aggregate
Intrinsic
Value
Outstanding at the beginning of January 1, 2018 280  $ 3.76 
Granted 32  $ 6.59 
Exercised (65) $ 3.35 
Forfeited, cancelled or expired (4) $ 4.76 
Outstanding as of December 31, 2018 243  $ 4.22 
Awards granted in connection with acquisition $ 3.85 
Granted 15  $ 6.10 
Exercised (53) $ 3.65 
Forfeited, cancelled or expired (4) $ 5.58 
Outstanding as of December 31, 2019 208  $ 4.46 
Granted 11  $ 6.87 
Exercised (33) $ 3.66 
Forfeited, cancelled or expired (2) $ 6.28 
Outstanding as of December 31, 2020 184  $ 4.73  4.80 $ 318 
Exercisable as of December 31, 2020 147  $ 4.31  3.96 $ 309 
Schedule 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 years ended December 31, 2020, 2019 and 2018:
  Shares Grant Date
Fair Value
Per Share
Nonvested at the beginning of January 1, 2018 31  $ 4.54 
Granted 18  $ 6.40 
Vested (13) $ 4.43 
Forfeited (1) $ 4.99 
Nonvested as of December 31, 2018 35  $ 5.50 
Awards granted in connection with acquisition 48  $ 5.83 
Granted 38  $ 6.01 
Vested (38) $ 5.53 
Forfeited (8) $ 5.85 
Nonvested as of December 31, 2019 75  $ 5.95 
Granted 37  $ 6.14 
Vested (32) $ 5.89 
Forfeited (5) $ 6.00 
Nonvested as of December 31, 2020 75  $ 6.06