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Stock-Based Compensation Plan (Tables)
9 Months Ended
Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Fair Value Weighted Average Assumptions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30,

 

2015

 

2014

Stock price

$

21.72 

 

 

$

22.09 

 

Exercise price

$

21.72 

 

 

$

22.09 

 

Expected term:

 

 

 

 

 

 

 

Employees

 

6.25 years

 

 

 

6.25 years

 

Directors

 

5.5 years

 

 

 

5.5 years

 

Expected volatility:

 

 

 

 

 

 

 

Employees

 

41.76 

%

 

 

53.50 

%

Directors

 

39.50 

%

 

 

44.80 

%

Dividend yield

 

 -

%

 

 

 -

%

Risk free rate:

 

 

 

 

 

 

 

Employees

 

2.00 

%

 

 

1.98 

%

Directors

 

1.85 

%

 

 

1.79 

%

 

Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Stock Activities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30,

 

2015

 

2014

 

 

 

Weighted

 

 

 

Weighted

 

 

 

Average

 

 

 

Average

 

Number of

 

Exercise

 

Number of

 

Exercise

 

Shares

 

Price

 

Shares

 

Price

Options outstanding at January 1

1,420,749 

 

$

15.67 

 

1,263,485 

 

$

14.84 

Options granted - employees

133,000 

 

$

21.66 

 

120,000 

 

$

22.09 

Options granted - directors

50,000 

 

$

21.89 

 

50,000 

 

$

22.09 

Options forfeited - employees

 -

 

$

 -

 

(5,417)

 

$

22.55 

Options exercised - employees

(414,494)

 

$

11.45 

 

(1,583)

 

$

17.77 

 

 

 

 

 

 

 

 

 

 

Options outstanding at September 30

1,189,255 

 

$

18.08 

 

1,426,485 

 

$

15.67 

Options exercisable

884,817 

 

$

16.76 

 

1,154,844 

 

$

14.13 

Weighted average remaining term

5.1 years

 

 

 

 

4.8 years

 

 

 

 

Restricted Stock [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Stock Activities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of

 

Weighted

 

 

Shares of

 

Average

 

 

Restricted

 

Grant Date

 

 

Stock

 

Fair Value

Restricted stock outstanding, December 31, 2014

 

42,502 

 

$

23.87 

Restricted stock granted

 

21,000 

 

$

21.15 

Restricted stock vested

 

(13,584)

 

$

23.92 

Restricted stock forfeited

 

 -

 

$

 -

Restricted stock outstanding, September 30, 2015

 

49,918 

 

$

22.71