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Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2018

Common Stock Purchased Including Purchase of Common Stock for Tax Withholdings

Common stock purchased in 2018, 2017 and 2016 (excluding commission and the purchase of common stock for tax withholdings) was as follows:



For the Three Months Ended	Shares Purchased	Amount		Shares Purchased	Amount		Shares Purchased	Amount
(dollars in thousands)	2018			2017			2016
March 31,	127,792	$	1,922	—	$	—	291,861	$	4,893
June 30,	501,782	7,520		572,550	10,000		65,791	1,078
September 30,	36,542	558		—	—		13,884	228
December 31,	263,000	3,446		—	—		16,719	274
Total	929,116	$	13,446	572,550	$	10,000	388,255	$	6,473

Schedule of Earnings Per Share, Basic and Diluted

The components of basic and diluted net (loss) income per common share were as follows for the periods stated:



	For the Year Ended December 31,
(in thousands, except for share and per share amounts)	2018			2017			2016
Numerator:
Net (loss) income	$	(1,479	)	$	(15,306	)	$	13,979

Denominator:
Basic and diluted weighted average outstanding shares of common stock	19,667,891			20,210,260			20,586,066
Basic and diluted net (loss) income per common share	$	(0.08	)	$	(0.76	)	$	0.68

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the years ended December 31, 2018, 2017 and 2016, the following securities were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:



	For the Year Ended December 31,
	2018	2017	2016
Restricted stock units	178,279	90,665	—

Activities Under Equity Plan

The following table summarizes the activities under the 2012 Equity Plan from January 1, 2016 through December 31, 2018:



	Activity
Total equity securities available at January 1, 2016	1,483,231
Less: RSU and restricted stock awarded to eligible employees, net of forfeitures	(236,292	)
Total equity securities available at December 31, 2016	1,246,939
Less: RSU and restricted stock awarded to eligible employees, net of forfeitures	(106,281	)
Total equity securities available at December 31, 2017	1,140,658
Less: RSU and restricted stock awarded to eligible employees, net of forfeitures	(236,221	)
Total equity securities available at December 31, 2018	904,437

Additional Awards Under 2011 LTIP

The following table details activities with respect to outstanding RSUs and restricted stock for the year ended December 31, 2018 and has been reclassified to conform to current period's presentation which includes restricted stock activity:



	Shares		Weighted- Average Grant Date Fair Value
Unvested at January 1, 2018	393,084		$	18.54
Granted	343,102		15.65
Vested	(199,991	)	17.22
Forfeited⁽¹⁾	(131,870	)	16.93
Unvested at December 31, 2018	404,325		$	17.27

⁽¹⁾100,767 RSUs did not vest based on the Company's actual performance at December 31, 2017 as compared to the related performance obligations.

Activities Under Equity Plan From Inception

The following table summarizes the activities under the ESPP from January 1, 2016 through December 31, 2018:



	Activity
Total ESPP equity securities available at January 1, 2016	—
Plus: Registration of 2016 ESPP	250,000
Less: common stock purchased by eligible employees	(3,961	)
Total ESPP equity securities available at January 1, 2017	246,039
Less: common stock purchased by eligible employees	(17,760	)
Total ESPP equity securities available at January 1, 2018	228,279
Less: common stock purchased by eligible employees	(20,120	)
Total ESPP equity securities available at December 31, 2018	208,159

Summary of Stock Based Compensation Expense

The following table reflects stock based compensation expense for the periods stated:



	For the Year Ended December 31,
(Dollars in thousands)	2018		2017		2016
Performance-based RSUs	$	2,127	$	1,762	$	413
Time-based RSUs and restricted stock	2,756		1,862		418
ESPP	71		64		23
Total stock based compensation	$	4,954	$	3,688	$	854