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Stock-Based Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2016
Stock-Based Compensation Plan [Abstract]  
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, 2013

1,263,485 

 

$

14.84 

 

 

 

 

 

 

Options granted

170,000 

 

$

22.09 

 

 

 

 

 

 

Options forfeited

(5,417)

 

$

22.55 

 

 

 

 

 

 

Options exercised

(7,319)

 

$

15.60 

 

 

 

 

 

 

Options outstanding, December 31, 2014

1,420,749 

 

$

15.67 

 

 

 

 

 

 

Options granted

183,000 

 

$

21.72 

 

 

 

 

 

 

Options exercised

(414,494)

 

$

11.45 

 

 

 

 

 

 

Options outstanding, December 31, 2015

1,189,255 

 

$

18.08 

 

 

 

 

 

 

Options granted

245,000 

 

$

7.87 

 

 

 

 

 

 

Options forfeited/cancelled

(6,000)

 

$

21.99 

 

 

 

 

 

 

Options outstanding, December 31, 2016

1,428,255 

 

$

16.31 

 

 

5.7 

 

$

896 

Options exercisable at December 31, 2016

1,051,969 

 

$

17.56 

 

 

4.5 

 

$

700 

Expected to vest after December 31, 2016

376,286 

 

$

12.80 

 

 

8.9 

 

$

196 



Summary Of Fair Value Weighted Average Assumptions



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



2016

 

2015

 

2014

Stock price

$

7.87 

 

$

21.72 

 

$

22.09 

Exercise price

$

7.87 

 

$

21.72 

 

$

22.09 



 

 

 

 

 

 

 

 

Expected term (years)

 

5.5 - 6.25

 

 

5.5 - 6.25

 

 

5.5 - 6.25

Expected volatility (%)

 

45.4 - 46.7

 

 

39.5 - 41.8

 

 

44.8 - 53.5

Risk-free interest rate (%)

 

1.30 - 1.40

 

 

1.85 - 2.00

 

 

1.79 - 1.98

Dividend yield (%)

 

-  

 

 

-  

 

 

-  



Summary Of Restricted Stock Activity



 

 

 

 

 

 



 

 

 

 

 

 



 

 

Number of

 

Weighted



 

 

Shares of

 

Average



 

 

Restricted

 

Grant Date



 

 

Stock

 

Fair Value

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, 2015

 

 

48,025 

 

$

22.70 

Restricted stock granted

 

 

34,500 

 

$

7.87 

Restricted stock vested

 

 

(14,379)

 

$

23.61 

Restricted stock forfeited

 

 

(2,344)

 

$

21.96 

Restricted stock outstanding, December 31, 2016

 

 

65,802 

 

$

14.75