XML 174 R41.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Valuation Assumptions
The weighted average assumptions used in the Black-Scholes option-pricing model for the years ended December 31, 2018 and 2017, are set forth below:

 
Year Ended December 31, 2018
 
Year Ended December 31, 2017
Expected term (in years)
6.25

 
6.25

Expected volatility
44.8
%
 
49.8
%
Risk-free interest rate
2.8
%
 
2.1
%
Expected dividend
—

 
—

Weighted average fair value at grant date
$
7.30

 
$
7.02
Schedule of Stock Options
Information related to the stock options granted during the years ended December 31, 2018 and 2017 is as follows:
 
2017 Stock Incentive Plan
 
Options
Weighted Average Exercise Price
Outstanding at December 31, 2016
—

$
—

Options granted
225,745

14.01

Options exercised
—

—

Options canceled/forfeited
(1,390
)
14

Outstanding at December 31, 2017
224,355

$
14.01

Options exercisable at December 31, 2017
—

$
—

Options granted
340,558

$
15.39

Options exercised
(1,641
)
11.27

Options canceled/forfeited
(29,689
)
14.77

Outstanding at December 31, 2018
533,583

$
14.86

Options exercisable at December 31, 2018
53,497

$
14.09
Schedule of Nonvested Share Activity
A summary of the Company’s non‑vested stock options for the years ended December 31, 2018 and 2017 is as follows:
Non-vested Options
Options
Weighted Average Grant Date Fair Value
December 31, 2016
—

$
—

     Granted
225,745

7.02

     Canceled/forfeited
(1,390
)
7.04

December 31, 2017
224,355

$
7.02

     Granted
340,558

$
7.30

     Vested
(55,919
)
7.02

     Canceled/forfeited
(28,908
)
7.20

December 31, 2018
480,086

$
7.21
Schedule of Options Exercisable
The following tabulation summarizes certain information about outstanding and exercisable stock options at December 31, 2018:
 
Options Outstanding
 
Options Exercisable
Range of Exercise Prices
December 31, 2018
Weighted Average remaining Contractual Life in Years
Weighted Average Exercise Price
 
December 31, 2018
Weighted Average Exercise Price
$11.00 - $12.99
4,926

8.6
$
11.27

 
—

$
—

$13.00 - $14.99
201,717

8.1
14.02

 
51,523

14.00

$15.00 - $16.99
326,940

9.2
15.43

 
1,974

16.47

 
533,583

8.8
$
14.86

 
53,497

$
14.09
Schedule of Restricted Stock Units
The following table summarizes all unvested restricted stock unit activity for the year ended December 31, 2018:
 
Restricted Stock Units Outstanding
Weighted-Average Grant Date Fair Value
Unvested balance at December 31, 2017
128,815

$
14.18

Granted
286,808

15.16

Vested
(50,355
)
14.55

Canceled/forfeited
(15,754
)
14.82

Unvested balance at December 31, 2018
349,514

$
14.90