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Stock-Based Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2017
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, 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 

 

 

 

 

 

 

Options granted

230,500 

 

$

16.80 

 

 

 

 

 

 

Options exercised

(799,195)

 

$

16.31 

 

 

 

 

 

 

Options outstanding, December 31, 2017

859,560 

 

$

16.44 

 

 

7.2 

 

$

10,210 

Options exercisable at December 31, 2017

443,689 

 

$

17.85 

 

 

5.9 

 

$

4,645 

Expected to vest after December 31, 2017

415,871 

 

$

14.94 

 

 

8.7 

 

$

5,565 



Summary Of Fair Value Weighted Average Assumptions



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



2017

 

2016

 

2015

Stock price

$

16.80 

 

$

7.87 

 

$

21.72 

Exercise price

$

16.80 

 

$

7.87 

 

$

21.72 



 

 

 

 

 

 

 

 

Expected term (years)

 

5.5 - 6.25

 

 

5.5 - 6.25

 

 

5.5 - 6.25

Expected volatility (%)

 

56.4 - 57.5

 

 

45.4 - 46.7

 

 

39.5 - 41.8

Risk-free interest rate (%)

 

1.77 - 2.14

 

 

1.30 - 1.40

 

 

1.85 - 2.00

Dividend yield (%)

 

-  

 

 

-  

 

 

-  



Summary Of Restricted Stock Activity



 

 

 

 

 

 



 

 

 

 

 

 



 

 

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

 

 

(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 

Restricted stock granted

 

 

37,414 

 

$

17.14 

Restricted stock vested

 

 

(24,674)

 

$

17.83 

Restricted stock outstanding, December 31, 2017

 

 

78,542 

 

$

14.92