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Stock-Based Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Fair Value Weighted Average Assumptions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

Stock price

$

21.72 

 

 

$

22.09 

 

 

$

26.41 

 

Exercise price

$

21.72 

 

 

$

22.09 

 

 

$

26.41 

 

Expected term:

 

 

 

 

 

 

 

 

 

 

 

Employees

 

6.25 years

 

 

 

6.25 years

 

 

 

6.25 years

 

Directors

 

5.5 years

 

 

 

5.5 years

 

 

 

5.5 years

 

Expected volatility:

 

 

 

 

 

 

 

 

 

 

 

Employees

 

41.76 

%

 

 

53.50 

%

 

 

56.70 

%

Directors

 

39.50 

%

 

 

44.80 

%

 

 

58.60 

%

Dividend yield

 

 -

%

 

 

 -

%

 

 

 -

%

Risk free rate:

 

 

 

 

 

 

 

 

 

 

 

Employees

 

2.00 

%

 

 

1.98 

%

 

 

1.35 

%

Directors

 

1.85 

%

 

 

1.79 

%

 

 

1.16 

%

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

Weighted

 

Remaining

 

Aggregate

 

 

 

Average

 

Contractual

 

Intrinsic

 

Number of

 

Exercise

 

Term

 

Value

 

Shares

 

Price

 

(in years)

 

(in thousands)

Options outstanding, December 31, 2012

1,335,680 

 

$

13.41 

 

 

 

 

 

 

Options granted - employees

51,300 

 

$

26.41 

 

 

 

 

 

 

Options granted - directors

40,000 

 

$

26.41 

 

 

 

 

 

 

Options forfeited - employees

(3,501)

 

$

14.87 

 

 

 

 

 

 

Options exercised - employees

(159,994)

 

$

9.53 

 

 

 

 

 

 

Options outstanding, December 31, 2013

1,263,485 

 

$

14.84 

 

 

 

 

 

 

Options granted - employees

120,000 

 

$

22.09 

 

 

 

 

 

 

Options granted - directors

50,000 

 

$

22.09 

 

 

 

 

 

 

Options forfeited - employees

(5,417)

 

$

22.55 

 

 

 

 

 

 

Options exercised - employees

(7,319)

 

$

15.60 

 

 

 

 

 

 

Options outstanding, December 31, 2014

1,420,749 

 

$

15.67 

 

 

 

 

 

 

Options granted - employees

133,000 

 

$

21.66 

 

 

 

 

 

 

Options granted - directors

50,000 

 

$

21.89 

 

 

 

 

 

 

Options exercised - employees

(414,494)

 

$

11.45 

 

 

 

 

 

 

Options outstanding, December 31, 2015

1,189,255 

 

$

18.08 

 

 

5.9 

 

$

1,022 

Options exercisable at December 31, 2015

901,268 

 

$

16.84 

 

 

4.9 

 

$

1,022 

Expected to vest after December 31, 2015

287,987 

 

$

21.95 

 

 

8.9 

 

$

 -

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of

 

Weighted

 

 

 

Shares of

 

Average

 

 

 

Restricted

 

Grant Date

 

 

 

Stock

 

Fair Value

Restricted stock outstanding, December 31, 2012

 

 

 -

 

$

 -

Restricted stock granted

 

 

28,150 

 

$

26.11 

Restricted stock outstanding, December 31, 2013

 

 

28,150 

 

$

26.11 

Restricted stock granted

 

 

23,500 

 

$

22.09 

Restricted stock vested

 

 

(7,648)

 

$

26.13 

Restricted stock forfeited

 

 

(1,500)

 

$

26.41 

Restricted stock outstanding, December 31, 2014

 

 

42,502 

 

$

23.87 

Restricted stock granted

 

 

21,000 

 

$

21.15 

Restricted stock vested

 

 

(15,477)

 

$

23.81 

Restricted stock outstanding, December 31, 2014

 

 

48,025 

 

$

22.70