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Note 10 - Stock Incentive Plans
6 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
10
.
STOCK INCENTIVE PLANS
 
Under the Company’s stock incentive plan, stock options, restricted stock, stock-settled stock appreciation rights, performance share units and other awards
may
be granted to officers, employees, consultants, and non-employee directors. The Company grants Restricted Stock Units (“RSU’s”) and Performance Stock Units (“PSUs”) as the primary equity based incentive for executive and certain non union-represented employees. Long-term incentive awards (“LTIP”) were granted to executive management annually through
2010.
 
The following table summarizes the RSU, LTIP and non-employee director stock compensation activity for the
six
-month period ended
June 30, 2018:
 
   
 
 
 
 
Weighted
 
   
 
 
 
 
Average
 
   
 
 
 
 
Grant Date
 
   
Number
   
Fair
 
   
of Units
   
Value
 
Nonvested at December 31, 2017
   
1,223
    $
2.00
 
Granted
   
335
     
1.76
 
Vested
   
(677
)    
1.92
 
Canceled or expired
   
(42
)    
1.87
 
Nonvested at June 30, 2018
   
839
    $
1.97
 
 
The following table summarizes the PSU activity for the
six
-month period ended
June 30, 2018.
 
   
 
 
 
 
Weighted
 
   
 
 
 
 
Average
 
   
 
 
 
 
Grant Date
 
   
Number
   
Fair
 
   
of Units
   
Value
 
Nonvested at December 31, 2017
   
1,331
    $
1.47
 
Granted
   
-
     
-
 
Vested
   
(126
)    
1.77
 
Canceled or expired
   
(378
)    
1.73
 
Nonvested at June 30, 2018
   
827
    $
1.31
 
 
 
The following table provides selected information about the Company’s share-based compensation as of and for the
three
and
six
-month periods ended
June 30, 2018
and
2017:
 
   
Three Months Ended
   
Six Months Ended
 
   
June 30,
   
June 30,
 
   
2018
   
2017
   
2018
   
2017
 
Total compensation cost for share-based payments
  $
325
    $
(29
)   $
567
    $
581
 
Weighted average grant-date fair value of equity instruments granted (per share)
  $
1.75
    $
2.20
    $
1.76
    $
1.81
 
Total fair value of shares vested during the period
  $
-
    $
140
    $
1,524
    $
2,286
 
                                 
At June 30:
                               
Unamortized share-based payments
   
 
     
 
    $
1,315
    $
807
 
Weighted average period (in years) to be recognized as expense
   
 
     
 
     
1.3
     
1.3