XML 43 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Summary of Options Granted, Exercised and Forfeited

Options granted, exercised and forfeited under the stock incentive plan are summarized as follows:

 

 

 

 

 

 

 

Weighted

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

Average

 

 

Aggregate

 

 

 

 

 

 

 

Exercise

 

 

Grant Date

 

 

Intrinsic

 

 

 

Options

 

 

Price

 

 

Fair Value

 

 

Value

 

Options outstanding, December 31, 2014

 

 

601

 

 

$

16.97

 

 

$

8.42

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(111

)

 

$

13.61

 

 

$

7.25

 

 

 

 

 

Forfeited or expired

 

 

 

 

 

 

 

 

 

 

 

 

 

Options outstanding, December 31, 2015

 

 

490

 

 

$

17.73

 

 

$

8.69

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(69

)

 

$

9.64

 

 

$

6.75

 

 

 

 

 

Forfeited or expired

 

 

 

 

 

 

 

 

 

 

 

 

 

Options outstanding, December 31, 2016

 

 

421

 

 

$

19.06

 

 

$

9.01

 

 

 

 

 

Granted

 

 

200

 

 

$

30.50

 

 

$

14.58

 

 

 

 

 

Exercised

 

 

(106

)

 

$

11.17

 

 

$

6.75

 

 

 

 

 

Forfeited or expired

 

 

 

 

 

 

 

 

 

 

 

 

 

Options outstanding, December 31, 2017

 

 

515

 

 

$

25.13

 

 

$

11.64

 

 

$

5,670

 

Options exercisable, December 31, 2017

 

 

331

 

 

$

22.16

 

 

 

 

 

 

$

4,634

 

Options unvested, December 31, 2017

 

 

184

 

 

$

30.50

 

 

 

 

 

 

$

1,036

 

 

Summary of Information about Stock Options Outstanding

The following table summarizes information about stock options outstanding at December 31, 2017:

 

 

 

Options Outstanding

 

 

Options Exercisable

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Remaining

 

 

Average

 

 

 

 

 

 

Remaining

 

 

Average

 

 

 

Number

 

 

Contractual

 

 

Exercise

 

 

Number

 

 

Contractual

 

 

Exercise

 

Exercise Price

 

Outstanding

 

 

Life (Years)

 

 

Price

 

 

Outstanding

 

 

Life (Years)

 

 

Price

 

$9.64 - $9.91

 

 

64

 

 

 

0.97

 

 

$

9.71

 

 

 

64

 

 

 

0.97

 

 

$

9.71

 

$14.99 - $18.01

 

 

76

 

 

 

2.11

 

 

$

15.89

 

 

 

76

 

 

 

2.11

 

 

$

15.89

 

$27.61 - $30.50

 

 

375

 

 

 

6.79

 

 

$

29.63

 

 

 

191

 

 

 

4.03

 

 

$

28.80

 

$9.64 - $30.50

 

 

515

 

 

 

5.37

 

 

$

25.13

 

 

 

331

 

 

 

3.00

 

 

$

22.16

 

 

Reconciliation of Unvested Balance of Restricted Stock

The following table reconciles the unvested balance of restricted stock:

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Average

 

 

 

Number of

 

 

Grant Date

 

 

 

Shares

 

 

Fair Value

 

Unvested balance, December 31, 2014

 

 

502

 

 

$

23.09

 

Granted

 

 

150

 

 

$

28.96

 

Vested

 

 

(213

)

 

$

24.78

 

Forfeited

 

 

(31

)

 

$

23.96

 

Unvested balance, December 31, 2015

 

 

408

 

 

$

24.30

 

Granted

 

 

212

 

 

$

29.42

 

Vested

 

 

(223

)

 

$

25.50

 

Forfeited

 

 

(12

)

 

$

29.15

 

Unvested balance, December 31, 2016

 

 

385

 

 

$

26.28

 

Granted

 

 

317

 

 

$

27.56

 

Vested

 

 

(250

)

 

$

24.05

 

Forfeited

 

 

(26

)

 

$

27.79

 

Unvested balance, December 31, 2017

 

 

426

 

 

$

28.44

 

 

Fair Value of Restricted Stock Awards Vested

The following table indicates the fair value of all restricted stock awards that vested during the years ended December 31, 2017, 2016 and 2015:

 

 

 

Year Ended

 

 

Year Ended

 

 

Year Ended

 

 

 

December 31,

 

 

December 31,

 

 

December 31,

 

 

 

2017

 

 

2016

 

 

2015

 

Fair value of restricted stock awards vested

 

$

7,683

 

 

$

6,688

 

 

$

6,350