Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2014

Stock-Based Compensation

Assumptions used in estimating fair value of stock options

	2014	2013
Dividend yield	0%	0%
Expected volatility	44.3%	43.9%
Expected life of option	Five Years	Five Years
Risk-free interest rate	1.7%	0.7%
Fair value of each option on grant date	$11.49	$4.72

Stock option activity

			Weighted
			Average
			Exercise
	Shares		Price
Outstanding at January 1, 2014	11,417		$	8.87
Granted	1,250		28.25
Exercised	(5,916	)	7.56
Expired and forfeited	(1,666	)	7.77
Outstanding at September 30, 2014	5,085		15.51
Exercisable at September 30, 2014	1,083		9.46

Restricted stock activity

		Weighted
		Average
	Shares	Price
Outstanding at January 1, 2014	0	$	—
Granted	3,000	28.25
Forfeited	3,000	28.25
Outstanding at September 30, 2014	0	$	—