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SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 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

 

(54,362)

 

$

11.16

 

Outstanding as of June 30, 2020

 

 —

 

$

 —

 

Exercisable as of June 30, 2020

 

 —

 

$

 —

 

 

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

 

507,513

 

$

1.63

 

Vested

 

(350,778)

 

$

2.43

 

Forfeited

 

(161,447)

 

$

4.39

 

Unvested as of June 30, 2020

 

1,352,203

 

$

1.90

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

 

    

2020

    

2019

 

Share-based compensation expense:

 

 

 

 

 

 

 

Cost of sales

 

$

54

 

$

60

 

Selling, general and administrative

 

 

502

 

 

450

 

Net effect of share-based compensation expense on net income

 

$

556

 

$

510

 

Reduction in earnings per share:

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.03

 

$

0.03

 

Diluted earnings per share

 

$

0.03

 

$

0.03