Stock-Based Employee Compensation Plans - (Tables)

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of stock option activity under plans

The following table summarizes the stock option activity under the Company’s equity incentive plans during the six months ended June 30, 2020 and 2019, respectively.

	Number of Shares	Weighted- Average Exercise Price Per Share		Number of Shares	Weighted- Average Exercise Price Per Share
	2020			2019
Outstanding – January 1,	1,009,466	$	6.98	864,330	$	6.86
Granted	—	—		—	—
Exercised	(10,728)	4.66		(15,000)	5.30
Forfeited/Canceled	(399,008)	6.98		(6,884)	8.13
Outstanding – June 30,	599,730	7.02		842,446	6.88
Options Exercisable – June 30,	314,112	$	6.66	721,420	$	6.68
Options Vested – June 30,	314,112	$	6.66	721,420	$	6.68

Schedule of additional information regarding vested and unvested options outstanding

The following table provides additional information regarding the vested and unvested options that were outstanding at June 30, 2020.

Options Outstanding as of June 30, 2020						Options Exercisable as of June 30, 2020(1)
Exercise Price	Vested	Unvested	Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Life (Years)	Shares	Weighted Average Exercise Price Per Share
$2.97 – $3.99	12,000	—	$	3.74	1.57	12,000	$	3.74
$4.00 – $5.99	16,000	—	4.34		0.80	16,000	4.34
$6.00 – $6.99	207,739	6,400	6.61		4.63	207,739	6.60
$7.00 – $7.99	34,157	250,000	7.30		8.63	34,157	7.10
$8.00 – $8.40	44,216	29,218	8.22		7.65	44,216	8.20
	314,112	285,618	$	7.02	6.73	314,112	$	6.66

(1)The weighted average remaining contractual life of the options that were exercisable as of June 30, 2020 was 4.72 years.

Summary of status of unvested options and changes in number of shares subject to and in weighted average grant date fair values of unvested options

A summary of the status of the unvested options outstanding as of June 30, 2020 and 2019, and changes in the weighted average grant date fair values of the unvested options during the six months ended June 30, 2020 and 2019, are set forth in the following table.

	For the six months ended June 30,
	2020			2019
	Number of Shares Subject to Options	Weighted Average Grant Date Fair Value Per Share		Number of Shares Subject to Options	Weighted Average Grant Date Fair Value Per Share
Unvested at the beginning of the period	334,322	$	2.19	275,457	$	2.79
Granted	—	—		—	—
Vested	(34,809)	2.78		(147,687)	2.79
Forfeited/Canceled	(13,895)	2.81		(6,744)	2.83
Unvested at the end of the period	285,618	2.09		121,026	2.79

Schedule of restricted stock activity

The following table summarizes the activity related to restricted stock granted, vested and forfeited under our equity incentive plans during the six months ended June 30, 2020 and 2019.

	For the six months ended June 30,
	2020			2019
	Number of Shares	Average Grant Date Fair Value Per Share		Number of Shares	Average Grant Date Fair Value Per Share
Outstanding at the beginning of the period	124,202	$	8.44	115,031	$	8.04
Granted	63,256	5.57		123,896	8.59
Vested	(45,649)	8.46		(61,337)	7.78
Forfeited	(20,473)	8.21		(7,376)	8.77
Outstanding at the end of the period	121,336	$	6.98	170,214	$	8.50

Schedule of compensation expense of non-vested stock options outstanding

We expect that the compensation expense that will be recognized during the periods presented below in respect of stock options, restricted stock, and stock units outstanding at June 30, 2020, will be as follows:

	Estimated Stock Based Compensation Expense Stock Options		Estimated Stock Based Compensation Expense Restricted Stock		Estimated Stock Based Compensation Expense Stock Units		Estimated Stock Based Compensation Expense Total
(Dollars in thousands)
For the years ending December 31,
Remainder of 2020	$	89	$	230	$	123	$	442
2021	125		261		244		630
2022	110		123		164		397
2023	101		50		—		151
2024 and beyond	67		10		—		77
	$	492	$	674	$	531	$	1,697