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Stock-Based Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2018
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, 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 

 

 

 

 

 

 

Options granted

 -

 

$

 -

 

 

 

 

 

 

Options exercised

(9,393)

 

$

14.76 

 

 

 

 

 

 

Options outstanding, December 31, 2018

850,167 

 

$

16.46 

 

 

5.9 

 

$

5,936 

Options exercisable at December 31, 2018

657,471 

 

$

17.38 

 

 

5.3 

 

$

4,028 

Expected to vest after December 31, 2018

192,696 

 

$

13.33 

 

 

7.7 

 

$

1,907 



Summary Of Fair Value Weighted Average Assumptions



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

 

 

2017

 

2016

Stock price

 

 

 

$

16.80 

 

$

7.87 

Exercise price

 

 

 

$

16.80 

 

$

7.87 



 

 

 

 

 

 

 

 

Expected term (years)

 

 

 

 

5.5 - 6.25

 

 

5.5 - 6.25

Expected volatility (%)

 

 

 

 

56.4 - 57.5

 

 

45.4 - 46.7

Risk-free interest rate (%)

 

 

 

 

1.77 - 2.14

 

 

1.30 - 1.40

Dividend yield (%)

 

 

 

 

-  

 

 

-  



Summary Of Restricted Stock and Performance Stock Activity



 

 

 

 

 

 



 

 

 

 

 

 



 

 

 

 

Weighted



 

 

 

 

Average



 

 

Number of

 

Grant Date



 

 

Shares

 

Fair Value

Outstanding at December 31, 2015

 

 

48,025 

 

$

22.70 

Granted

 

 

34,500 

 

$

7.87 

Vested

 

 

(14,379)

 

$

23.61 

Forfeited

 

 

(2,344)

 

$

21.96 

Outstanding at December 31, 2016

 

 

65,802 

 

$

14.75 

Granted

 

 

37,414 

 

$

17.14 

Vested

 

 

(24,674)

 

$

17.83 

Outstanding at December 31, 2017

 

 

78,542 

 

$

14.92 

Granted

 

 

156,165 

 

$

22.48 

Vested

 

 

(29,977)

 

$

16.52 

Outstanding at December 31, 2018

 

 

204,730 

 

$

20.45