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SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2020
SHARE-BASED COMPENSATION  
Schedule of stock option activity

 

 

 

 

 

 

 

 

    

 

    

 

 

    

 

 

 

 

Weighted Average

 

 

    

Options

    

Exercise Price

 

Outstanding as of December 31, 2019

 

54,362

 

$

11.16

 

Forfeited

 

 —

 

$

 —

 

Outstanding as of March 31, 2020

 

54,362

 

$

11.16

 

Exercisable as of March 31, 2020

 

54,362

 

$

11.16

 

 

Schedule of RSU activity

 

 

 

 

 

 

 

 

    

 

    

Weighted Average

 

 

 

Number of

 

Grant-Date Fair Value

 

 

 

Shares

 

Per Share

 

Unvested as of December 31, 2019

 

1,356,915

 

$

2.39

 

Granted

 

 —

 

$

 —

 

Vested

 

(121,132)

 

$

3.41

 

Forfeited

 

(89,464)

 

$

5.43

 

Unvested as of March 31, 2020

 

1,146,319

 

$

2.05

 

 

Schedule of share-based compensation expense, net of taxes withheld

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

    

2020

    

2019

 

Share-based compensation expense:

 

 

 

 

 

 

 

Cost of sales

 

$

22

 

$

30

 

Selling, general and administrative

 

 

286

 

 

225

 

Net effect of share-based compensation expense on net income

 

$

308

 

$

255

 

Reduction in earnings per share:

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.02

 

$

0.02

 

Diluted earnings per share

 

$

0.02

 

$

0.02