XML 42 R29.htm IDEA: XBRL DOCUMENT v3.20.4
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of stock-based compensation expense
For the years ended December 31, 2020 and 2019, the Company’s stock-based compensation expense related to restricted stock units and restricted shares of common stock, which are included in the accompanying Consolidated Statements of Operations, were as follows: 
 For The Year Ended December 31,
 20202019
Restricted shares of common stock$92 $— 
Restricted stock units645 961 
Total$737 $961 
Tax benefits recognized in jurisdictions where the Company has taxable income$18 $31 
Schedule of unrecognized compensation cost, nonvested awards
As of December 31, 2020 and 2019, based on the Company's historical valuation treatment, unrecognized compensation expense and the weighted average periods over which the compensation expense is expected to be recognized relating to the unvested portion of the Company’s restricted stock unit awards, were as follows: 

As of December 31,
20202019
Unrecognized ExpenseWeighted Average Period in YearsUnrecognized ExpenseWeighted Average Period in Years
Restricted shares of common stock$408 1.4$— 0.0
Restricted stock units$58 1.1$278 0.9
Changes in stock options Changes in the Company’s stock options for the years ended December 31, 2020 and 2019 were as follows: 
 For The Year Ended December 31,
 20202019
Number of OptionsWeighted Average Exercise Price per ShareNumber of OptionsWeighted Average Exercise Price per Share
Options outstanding at January 1,5,000 $24.90 5,000 $24.90 
Expired/forfeited(5,000)$(24.90)— $— 
Options outstanding at December 31,— $— 5,000 $24.90 
Options exercisable at December 31,— $— 5,000 $24.90 
Weighted average remaining contractual term and Instrinsic value of stock options The weighted average remaining contractual term and the aggregated intrinsic value for stock options outstanding and exercisable as of December 31, 2019 was as follows:
As of December 31,
2019
Remaining Contractual Term in YearsAggregated Intrinsic Value
Stock options outstanding0.8$— 
Stock options exercisable0.8$— 
Changes in restricted stock units The total fair value of restricted stock units vested during the years ended December 31, 2020 and 2019 were as follows:
For The Year Ended December 31,
20202019
Fair value of restricted stock units vested$685 $1,016 
Restricted stock units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Disclosure of share based compensation arrangements other than options fair value vested Changes in the Company’s restricted stock units arising from grants to certain employees and non-employee directors for the years ended December 31, 2020 and 2019 were as follows:
For The Year Ended December 31,
20202019
Number of Shares of Restricted Stock UnitsWeighted Average Grant-Date Fair ValueNumber of Shares of Restricted Stock UnitsWeighted Average Grant-Date Fair Value
Unvested restricted stock units at January 1,63,436 $15.12 57,773 $15.68 
Granted46,697 $9.49 88,906 $14.92 
Shares earned above target (a)— $— 723 $17.00 
Vested(73,073)$11.43 (68,876)$14.87 
Forfeited(22,384)$15.20 (15,090)$15.38 
Unvested restricted stock units at December 31,14,676 $15.45 63,436 $15.12 
 
(a)    The number of shares earned above target are based on the performance target established by the Compensation Committee at the initial grant date.
Restricted stock  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Disclosure of share based compensation arrangements other than options fair value vested Changes in the Company’s restricted shares of common stock arising from the grants issued in connection with the acquisition of Coit Staffing, Inc. (see Note 4) were as follows:
For The Year Ended December 31,
2020
Number of Shares of Restricted Stock UnitsWeighted Average Grant-Date Fair Value
Unvested restricted stock units at January 1,— $— 
Granted52,226 9.57
Vested— $— 
Unvested restricted stock units at December 31,52,226 9.57