Share-Based Payments (Tables)

9 Months Ended

Sep. 30, 2016

Total Share-Based Compensation Expense and Related Tax Benefits Recognized

The following table summarizes the total share-based compensation expense and related tax benefits recognized for the three and nine months ended September 30, 2015 and 2016 (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2016		2015		2016
Restricted stock compensation expense	$	508	$	170	$	1,452	$	1,254
Tax benefit related to restricted stock compensation		—		—		—		—

Restricted Stock Award Activity

Restricted stock award activity pursuant to the Plan for the nine months ended September 30, 2016 is summarized as follows:

	Restricted Stock Awards
				Weighted
				Average
	Number of			Grant
	Shares			Price
Outstanding, December 31, 2015		411,409		$	6.61
Awarded		645,884			7.00
Released		(125,246	)		7.05
Forfeited		(24,822	)		6.32
Outstanding, September 30, 2016		907,225			6.84