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Stock-Based Compensation Plan (Tables)
9 Months Ended
Sep. 30, 2017
Stock-Based Compensation Plan [Abstract]  
Summary Of Stock Option Activities



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

Nine Months Ended September 30,



 

2017

 

2016



 

 

 

 

Weighted

 

 

 

 

Weighted



 

 

 

 

Average

 

 

 

 

Average



 

Number of

 

Exercise

 

Number of

 

Exercise



 

Shares

 

Price

 

Shares

 

Price

Options outstanding at January 1

 

 

1,428,255 

 

$

16.31 

 

 

1,189,255 

 

$

18.08 

Options granted

 

 

230,500 

 

$

16.80 

 

 

245,000 

 

$

7.87 

Options exercised

 

 

(240,173)

 

$

11.40 

 

 

 -

 

$

 -

Options forfeited/cancelled

 

 

 -

 

$

16.94 

 

 

(6,000)

 

$

21.99 

Options outstanding at September 30

 

 

1,418,582 

 

$

17.22 

 

 

1,428,255 

 

$

16.31 

Options exercisable

 

 

975,087 

 

$

18.24 

 

 

1,033,518 

 

$

17.47 

Weighted average remaining term

 

 

5.0 years

 

 

 

 

 

4.7 years

 

 

 



Summary Of Fair Value Weighted Average Assumptions



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

Nine Months Ended September 30,



 

 

 

 

 

2017

 

2016

Stock price

 

 

 

 

 

 

 

$

16.80 

 

$

7.87 

Exercise price

 

 

 

 

 

 

 

$

16.80 

 

$

7.87 



 

 

 

 

 

 

 

 

 

 

 

 

Expected term (years)

 

 

 

 

 

 

 

 

5.50 - 6.25

 

 

5.50 - 6.25

Expected volatility (%)

 

 

 

 

 

 

 

 

56.40 - 57.50

 

 

45.40 - 46.70

Risk-free interest rate (%)

 

 

 

 

 

 

 

 

1.77 - 2.14

 

 

1.30 - 1.40

Dividend yield (%)

 

 

 

 

 

 

 

 

 -

 

 

 -



Summary Of Restricted Stock Activity



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

Number of

 

Weighted



 

 

 

 

 

 

 

Shares of

 

Average



 

 

 

 

 

 

 

Restricted

 

Grant Date



 

 

 

 

 

 

 

Stock

 

Fair Value

Restricted stock outstanding, December 31, 2016

 

 

 

 

 

 

 

 

65,802 

 

$

14.75 

Restricted stock granted

 

 

 

 

 

 

 

 

37,414 

 

$

17.14 

Restricted stock vested

 

 

 

 

 

 

 

 

(24,674)

 

$

17.83 

Restricted stock outstanding, September 30, 2017

 

 

 

 

 

 

 

 

78,542 

 

$

14.92