Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The Company has computed the fair value of all options granted using the Black-Scholes-Merton model during the years ended December 31, 2019 and 2018, using the following assumptions:

	Year Ended December 31,
	2019	2018
Expected volatility	35% to 55%	35%
Expected dividends	None	None
Expected term (years)	7	7
Risk-free rate	1.89% to 2.61%	2.53% to 2.90%
Forfeiture rate	20%	20%

Share-based Compensation, Stock Options, Activity

The information below summarizes the stock options:

	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life
Outstanding at December 31, 2017	1,003,916	$	4.18	8.1
Granted at market price	145,792	7.00
Exercised	(95,162)	3.48
Cancelled	(67,855)	3.37
Outstanding at December 31, 2018	986,691	$	4.72	6.8
Granted at market price	65,759	12.31
Exercised	(103,205)	5.28
Cancelled	—	—
Outstanding at December 31, 2019	949,245	$	5.19	6.5
Exercisable at December 31, 2019	592,265	$	4.54	5.9

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

The information below summaries the restricted stock activity:

Restricted Stock Awards	Shares	Weighted Average Grant-Date Fair Value per Award
Non-vested at December 31, 2018	51,134	$	7.64
Granted	26,131	$	14.30
Vested	(38,289)	$	7.44
Cancelled	—	$	—
Non-vested at December 31, 2019	38,976	$	12.31