XML 46 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
STOCK BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Schedule of Status of Options Granted
A summary of the status of options previously granted as of September 30, 2017, and 2016, and the changes during the periods then ended is presented below:
 
Three Months Ended September 30, 2017
 
Options
 
Weighted-Average Exercise Price
 
Aggregate Intrinsic Value
Options outstanding at beginning of the period
1,273,088

 
$
9.29

 
$

Forfeited
(136,875
)
 
$
9.42

 
$

Options outstanding at end of period
1,136,213

 
$
9.28

 
$

 
Three Months Ended September 30, 2016
 
Options
 
Weighted-Average Exercise Price
 
Aggregate Intrinsic Value
Options outstanding at beginning of the period
2,273,323

 
$
7.89

 
$
539,367

Exercised
(336,360
)
 
$
4.86

 
$
854,271

Forfeited
(66,563
)
 
$
8.12

 
$

Options outstanding at end of period
1,870,400

 
$
8.43

 
$
1,059,282

 
Nine Months Ended September 30, 2017
 
Options
 
Weighted-Average Exercise Price
 
Aggregate Intrinsic Value
Options outstanding at beginning of the period
1,779,613

 
$
8.46

 
$
50,869

Exercised
(66,188
)
 
$
6.08

 
$
12,821

Forfeited
(577,212
)
 
$
7.14

 
$

Options outstanding at end of period
1,136,213

 
$
9.28

 
$

Exercisable at end of period
1,086,743

 
$
9.36

 
$

 
Nine Months Ended September 30, 2016
 
Options
 
Weighted-Average Exercise Price
 
Aggregate Intrinsic Value
Options outstanding at beginning of the period
2,673,512

 
$
7.46

 
$
5,485,248

Exercised
(618,110
)
 
$
4.31

 
$
2,198,143

Forfeited
(185,002
)
 
$
8.16

 
$

Options outstanding at end of period
1,870,400

 
$
8.43

 
$
1,059,282

Exercisable at end of period
1,574,804

 
$
8.47

 
$
946,591


Schedule of Exercise Price Range
he following table summarizes information about options outstanding as of September 30, 2017:
 
Options Outstanding
 
Options
Exercisable
Exercise Price
Number
Outstanding
 
Weighted-
Average
Remaining
Contractual
Life
 
Number
Exercisable
 
 
 
(in years)
 
 
$  7.00 - $  7.99
327,375

 
3.4
 
285,687

$  8.00 - $  8.99
199,500

 
1.8
 
191,718

$  9.00 - $  9.99
480,000

 
2.6
 
480,000

$ 10.00 - $ 14.50
129,338

 
0.8
 
129,338

 
1,136,213

 
 
 
1,086,743

Performance Stock Units [Member]  
Equity [Abstract]  
Schedule of Nonvested Share Activity
A summary of the status of PSUs as of September 30, 2017 and 2016 and the changes during the periods then ended is presented below:
 
Three Months Ended September 30, 2017
 
Three Months Ended September 30, 2016
 
Shares
 
Weighted- Average Fair Value at
Grant Date
 
Shares
 
Weighted- Average Fair Value at
Grant Date
Non-vested at beginning of the period
890,838

 
$
6.92

 
670,838

 
$
8.03

Forfeited
(84,167
)
 
$
6.86

 
(72,084
)
 
$
8.05

Vested

 
$

 
(18,750
)
 
$
8.25

Non-vested at end of period
806,671

 
$
6.93

 
580,004

 
$
8.02


 
Nine Months Ended September 30, 2017
 
Nine Months Ended September 30, 2016
 
Shares
 
Weighted- Average Fair Value at Grant Date
 
Shares
 
Weighted- Average Fair Value at Grant Date
Non-vested at beginning of the period
580,004

 
$
8.02

 
415,000

 
$
9.25

Granted
397,500

 
$
5.38

 
417,500

 
$
7.24

Forfeited
(170,833
)
 
$
7.04

 
(98,751
)
 
$
8.17

Vested

 
$

 
(153,745
)
 
$
9.13

Non-vested at end of period
806,671

 
$
6.93

 
580,004

 
$
8.02

Schedule of Valuation Assumptions
The fair value of PSUs is measured using the Monte Carlo pricing model using the following assumptions:
 
 
Nine Months Ended September 30,
 
 
 
2017
 
2016
 
Weighted average fair value of PSUs granted
 
$
5.38

 
$
7.24

 
Dividend yield of DHI Group, Inc. stock
 
%
 
%
 
Dividend yield of Russell 2000 Index
 
1.4
%
 
1.7
%
 
Risk free interest rate
 
1.5
%
 
0.9
%
 
Volatility of DHI Group, Inc. stock
 
41.0
%
 
33.5
%
 
Volatility of Russell 2000 Index
 
16.7
%
 
16.7
%
 
Restricted Stock Units (RSUs) [Member]  
Equity [Abstract]  
Schedule of Nonvested Share Activity
A summary of the status of restricted stock awards as of September 30, 2017 and 2016 and the changes during the periods then ended is presented below:
 
Three Months Ended September 30, 2017
 
Three Months Ended September 30, 2016
 
Shares
 
Weighted- Average Fair Value at Grant Date
 
Shares
 
Weighted- Average Fair Value at Grant Date
Non-vested at beginning of the period
2,417,300

 
$
6.38

 
2,236,250

 
$
8.10

Granted
38,000

 
$
2.80

 
165,700

 
$
6.90

Forfeited
(183,375
)
 
$
6.71

 
(142,875
)
 
$
8.00

Vested
(35,125
)
 
$
8.93

 
(65,250
)
 
$
8.76

Non-vested at end of period
2,236,800

 
$
6.25

 
2,193,825

 
$
8.00

 
Nine Months Ended September 30, 2017
 
Nine Months Ended September 30, 2016
 
Shares
 
Weighted- Average Fair Value at Grant Date
 
Shares
 
Weighted- Average Fair Value at Grant Date
Non-vested at beginning of the period
2,226,375

 
$
7.87

 
2,122,225

 
$
8.54

Granted
1,262,500

 
$
4.72

 
1,199,200

 
$
7.47

Forfeited
(438,000
)
 
$
6.87

 
(294,375
)
 
$
8.15

Vested
(814,075
)
 
$
7.98

 
(833,225
)
 
$
8.57

Non-vested at end of period
2,236,800

 
$
6.25

 
2,193,825

 
$
8.00