Man fractures NYC subway rider’s skull with metal pipe during argument | Galvanized Round Steel Pipe

6. Share-Based Payments Purchase Plan Through December 31, 2016, the Purchase Plan allowed employees through payroll withholding to purchase shares of the Company’s common stock at a 15% discount from the average market price on the last day of a six-month investment period. Under ASC Topic 718, Compensation—Stock Compensation (ASC 718), the Company was required to record compensation expense related to the 15% discount. The 15% discount resulted in compensation expense of $173,000 in 2016. For purchase periods beginning after January 1, 2017, the purchase price is 100% of the market price at the end of each six-month purchase period. Restricted Stock Granted to Directors Under the 1999 Incentive Plan and the 2014 Incentive Plan, restricted shares of the Company’s common stock were granted to members of the Company’s board of directors as a form of compensation. All remaining restricted shares issued under the 1999 Incentive Plan vested on April 8, 2017. Under ASC 718 accounting requirements, compensation expense related to restricted shares is based on the fair value of the restricted shares on their grant dates. On April 9, 2018, 18,200 shares of restricted stock were granted to the Company’s nonemployee directors. The grant-date fair value of each share of restricted stock granted on April 9, 2018 was $43.40 per share, the average of the high and low market price on the date of grant. The restricted shares granted in 2018 vest 33.3% per year on April 8 of each year in the period 2019 through 2021 and are eligible for full dividend and voting rights. Restricted shares not vested and dividends on those restricted shares are subject to forfeiture under the terms of the restricted stock award agreement. Presented below is a summary of the status of directors’ restricted stock awards for the years ended December 31: Restricted Stock Granted to Employees Under the 1999 Incentive Plan and 2014 Incentive Plan, restricted shares of the Company’s common stock have been granted to employees as a form of compensation. All remaining restricted shares issued under the 1999 Incentive Plan vested on April 8, 2017. Under ASC 718 accounting requirements, compensation expense related to restricted shares is based on the fair value of the restricted shares on their grant dates. No shares of restricted stock have been granted to employees since 2014. Presented below is a summary of the status of employees’ restricted stock awards for the years ended December 31: 93 Table of Contents Restricted Stock Units Granted to Executive Officers On February 5, 2018, 15,200 restricted stock units under the 2014 Incentive Plan were granted to the Company’s executive officers. The grant-date fair value of each restricted stock unit was $41.325 per share, the average of the high and low market price on the date of grant. The restricted stock units granted to executive officers in 2018 vest 25% per year on February 6 of each year in the period 2019 through 2022 and are eligible to receive dividend equivalent payments on all unvested awards over the awards’ respective vesting periods, subject to forfeiture under the terms of the restricted stock unit award agreements. The vesting of restricted stock units is accelerated in the event of a change in control, disability, death or retirement, subject to proration on retirement in certain cases. Presented below is a summary of the status of restricted stock unit awards granted to executive officers for the years ended December 31: Restricted Stock Units Granted to Employees In 2018 the following restricted stock unit awards under the 2014 Incentive Plan were granted to key employees of the Company who are not executive officers: The grant-date fair value of each restricted stock unit was based on the average of the high and low market price of the Company’s common stock on the date of grant, discounted for the value of the dividend exclusion over the four-year vesting period. Under the terms of the restricted stock unit award agreements, all outstanding (unvested) restricted stock units held by a retiring grantee vest immediately on normal retirement. Presented below is a summary of the status of employees’ restricted stock unit awards for the years ended December 31: 94 Table of Contents Stock Performance Awards Granted to Executive Officers Agreements for stock performance awards have been granted under the 2014 Incentive Plan for the Company’s executive officers. Under these agreements, the officers could be awarded shares of the Company’s common stock based on the Company’s total shareholder return relative to that of its peer group of companies in the Edison Electric Institute (EEI) Index over a three-year period beginning on January 1 of the year the awards are granted. The awards also include a performance incentive based on the Company’s average 3-year adjusted return on equity (ROE) relative to a targeted average 3-year adjusted ROE. The number of shares earned, if any, will be awarded and issued at the end of each three-year performance measurement period. The participants have no voting or dividend rights under these award agreements until common shares, if any, are issued at the end of the performance measurement period. On February 5, 2018 performance share awards were granted to the Company’s executive officers under the 2014 Incentive Plan for the 2018-2020 performance measurement period. Under the 2018 performance share awards the aggregate award for performance at target is 54,000 shares. For target performance the participants would earn an aggregate of 27,000 common shares for achieving the target set for the Company’s 3-year average adjusted ROE. The participants would also earn an aggregate of 27,000 common shares based on the Company’s total shareholder return relative to the total shareholder return of the companies that comprise the Edison Electric Institute Index over the performance measurement period of January 1, 2018 through December 31, 2020, with the beginning and ending share values based on the average closing price of a share of the Company’s common stock for the 20 trading days immediately following January 1, 2018 and the average closing price for the 20 trading days immediately preceding January 1, 2021. Actual payment may range from zero to 150% of the target amount, or up to 81,000 common shares. There are no voting or dividend rights related to these awards until the shares, if any, are issued at the end of the performance measurement period. The amount of payment in the event of retirement, resignation for good reason or involuntary termination without cause is to be made at the end of the performance period based on actual performance, subject to proration in certain cases, except that the payment of performance awards granted to an officer who is party to an Executive Employment Agreement with the Company is to be made at target at the date of any such event. The vesting of these awards is accelerated and paid at target on the event of a change in control. The terms of these awards are such that the entire award will be classified and accounted for as equity, as required under ASC Topic 718, Compensation—Stock Compensation, and will be measured over the performance period based on the grant-date fair value of the award. The grant-date fair value of each performance share award was determined using a Monte Carlo fair valuation simulation model. The table below provides a summary of stock performance awards granted and amounts expensed related to the stock performance awards: Stock-based payment expense recognized in 2018, 2017 and 2016 for the 2018-2020, 2017-2019 and 2016-2018 performance awards reflects the accelerated recognition of expense for outstanding and unvested awards of executives who are eligible for retirement and whose awards vest on normal retirement, as defined in the performance award agreements, prior to the vesting dates of the awards. The earned shares shown in the table above for the 2016-2018 and 2017-2019 performance periods include vested shares issued in 2018 to a participant who retired on December 31, 2017 and had reached age 62 prior to retirement. The earned shares shown in the table above for the 2016-2018 performance period also include shares received in 2019 by participants in the plan based on the Company achieving a total shareholder return ranking of 1 out of 41 companies in the EEI Index and an average 3-year adjusted return on equity in excess of the targeted average 3-year adjusted return on equity of 10.00% resulting in a payout at 145.17% of target. The earned shares shown in the table above for the 2015-2017 performance period include shares received in 2018 by participants in the plan based on the Company achieving a total shareholder return ranking of 2 out of 42 companies in the EEI Index and an average 3-year adjusted return on equity in excess of the targeted average 3-year adjusted return on equity of 10.00% resulting in a payout at 136.00% of target. 95 Table of Contents The earned shares shown in the table above for the 2014-2016 performance period include shares received in 2017 by participants in the plan based on the Company achieving a total shareholder return ranking of 19 out of 43 companies in the EEI Index and a resulting payout at 114.29% of target. The earned shares also include shares for a portion of the award that vested on normal retirement of the Company’s former CEO on July 1, 2015 that were issued in 2016 following the 180-day deferral period required under the Internal Revenue Code at a value of $26.35 per share or $848,000. In connection with the resignation of an executive officer in May 2014, the following unvested stock performance awards were forfeited: 8,900 granted in 2014. As of December 31, 2018, the total remaining unrecognized amount of compensation expense related to stock-based compensation for all of the Company’s stock-based payment programs was approximately $4.3 million (before income taxes), which will be amortized over a weighted average period of 1.9 years.

Ternium S.A. manufactures and processes various steel products in Mexico, Argentina, Bolivia, Chile, Paraguay, Uruguay, Colombia, the United States, Central America, and internationally. The company operates in two segments, Steel and Mining. The Steel segment offers steel products, such as slabs, billets and round bars, hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plates, hot dipped galvanized and electrogalvanized sheets, pre-painted sheets, steel pipes and tubular products, beams, roll formed products, and other products. The Mining segment sells iron ore concentrates and pellets. The company serves various companies and small businesses operating in construction, automotive, home appliances, capital goods, container, food, and energy industries. Ternium S.A. was founded in 1961 and is headquartered in Buenos Aires, Argentina. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.

On March 23, 2018 OTP made a supplemental filing to its initial request for a rate review, reducing its request for an annual revenue increase from $13.1 million to $7.1 million, a 4.8% annual increase. The $6.0 million decrease included $4.8 million related to tax reform and $1.2 million related to other updates.

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Australia’s best-known radio stars will gather in Melbourne on Saturday night for the announcement of…

It’s no surprise the Prisoner skin can only be unlocked in Season 7 as the Snowfall challenges won’t be available next season. However, some players assumed that they would  be able to still unlock stages 2, 3 and 4 of the skin next season if they had already unlocked the Prisoner skin, but Epic’s tweet confirms this isn’t the case.

MIAMI, FL – NOVEMBER 04: Leonard Williams #92 of the New York Jets warms up ahead of their game against the Miami Dolphins at Hard Rock Stadium on November 4, 2018 in Miami, Florida. (Photo by Mark Brown/Getty Images)

● A $2.5 million decrease in North Dakota Environmental Cost Recovery (ECR) rider revenues due to a reduction in the return on equity component of the North Dakota rider from 10.75% in 2017 to 9.77% in 2018, lower federal taxes being recovered through the riders and a lower investment balance for environmental upgrades due to depreciation.

To register for either or both classes, call Northeast Community College in West Point at (402) 372-2269. Pre-registration is required.

The APAC region is expected to generate two-thirds of the global petrochemical products demand over the next decade. Robust coal-to-gas switch policies across China and India are expected to boost the demand for natural gas. APAC’s natural gas demand is expected to increase by 60% by 2030 to reach 337 million tons per year. This scenario in the region is favorable for the growth of the industrial tubes market during the forecast period.

Under the Otter Tail Corporation Credit Agreement (as defined below), the maximum amount of debt outstanding in 2018 was $17.7 million on September 17, 2018 and the average daily balance of debt outstanding during 2018 was $5.5 million. The weighted average interest rate paid on debt outstanding under the OTC Credit Agreement during 2018 was 3.8% compared with 2.8% in 2017. Under the OTP Credit Agreement (as defined below), the maximum amount of debt outstanding in 2018 was $122.0 million on January 16, 2018 and the average daily balance of debt outstanding during 2018 was $21.6 million. The weighted average interest rate paid on debt outstanding under the OTP Credit Agreement during 2018 was 3.0% compared with 2.4% in 2017. The maximum amount of consolidated short-term debt outstanding in 2018 was $122.0 million on January 16, 2018 and the average daily balance of consolidated short-term debt outstanding during 2018 was $27.1 million. The weighted average interest rate on consolidated short-term debt outstanding on December 31, 2018 was 3.9%.

In 2018, Petrochemicals revenue amounted to €344 million, a sharp increase of 28.4% year-on-year and 34.8% at constant exchange rates resulting from higher sales in line pipes deliveries in the US.