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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Common Stock Purchased Including Purchase of Common Stock for Tax Withholdings
Common stock purchased in 2019, 2018 and 2017 (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, except for shares purchased)
2019
 
2018
 
2017
March 31,
131,012

$
1,806

 
127,792

$
1,922

 

$

June 30,


 
501,782

7,520

 
572,550

10,000

September 30,
401,342

4,749

 
36,542

558

 


December 31,


 
263,000

3,446

 


Total
532,354

$
6,555

 
929,116

$
13,446

 
572,550

$
10,000

Schedule of Earnings Per Share, Basic and Diluted
The components of basic and diluted net loss 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)
2019
 
2018
 
2017
Numerator:
 
 
 
 
 
Net loss
$
(10,765
)
 
$
(1,479
)
 
$
(15,306
)
 
 
 
 
 
 
Denominator:
 
 
 
 
 
Basic and diluted weighted average outstanding shares of common stock
19,089,402

 
19,667,891

 
20,210,260

Basic and diluted net loss per common share
$
(0.56
)
 
$
(0.08
)
 
$
(0.76
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
For the years ended December 31, 2019, 2018 and 2017, 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,
 
2019
 
2018
 
2017
Restricted stock units
189,862

 
178,279

 
90,665

Activities Under Equity Plan
The following table summarizes the activities under the 2012 Equity Plan from January 1, 2017 through December 31, 2019:
 
Activity
Total equity securities available at January 1, 2017
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

Less: RSU and restricted stock awarded to eligible employees, net of forfeitures
(257,957
)
Total equity securities available at December 31, 2019
646,480

Additional Awards Under 2011 LTIP
The following table details activities with respect to outstanding RSUs and restricted stock for the year ended December 31, 2019:
 
 
Shares
 
Weighted-
Average Grant
Date Fair Value
Unvested at January 1, 2019
 
404,325

 
$
17.27

Granted
 
388,321

 
13.27

Vested
 
(242,856
)
 
17.48

Forfeited
 
(130,364
)
 
15.49

Unvested at December 31, 2019
 
419,426

 
$
14.00


Activities Under Equity Plan From Inception
The following table summarizes the activities under the ESPP from January 1, 2017 through December 31, 2019:
 
Activity
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 January 1, 2019
208,159

Less: common stock purchased by eligible employees
(23,299
)
Total ESPP equity securities available at December 31, 2019
184,860

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)
2019
 
2018
 
2017
Performance-based RSUs
$
1,434

 
$
2,127

 
$
1,762

Time-based RSUs and restricted stock
2,119

 
2,756

 
1,862

ESPP
90

 
71

 
64

Total stock based compensation
$
3,643

 
$
4,954

 
$
3,688