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Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2019
2005 Plan  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock-based Compensation Stock Options Activity

A summary of the transactions under the 2005 Plan for the nine months ended September 30, 2019 is as follows:

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Number of

 

 

Average

 

 

Aggregate

 

 

 

Options

 

 

Exercise

 

 

Intrinsic

 

 

 

Outstanding

 

 

Price

 

 

Value

 

 

 

(Dollars in thousands, except per share data)

 

Outstanding, as of January 1, 2019

 

 

250,000

 

 

$

4.00

 

 

 

 

 

Options granted

 

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(95,000

)

 

 

2.20

 

 

 

 

 

Options forfeited

 

 

 

 

 

 

 

 

 

 

Options expired

 

 

 

 

 

 

 

 

 

 

Outstanding, as of September 30, 2019

 

 

155,000

 

 

 

4.70

 

 

$

787

 

Fully vested and expected to vest

 

 

155,000

 

 

 

4.70

 

 

$

787

 

Vested

 

 

155,000

 

 

$

4.70

 

 

$

787

 

Summary of Information Related to Stock Option Plan

Information related to the 2005 Plan for the periods indicated follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

 

2019

 

 

 

2018

 

 

 

2019

 

 

 

2018

 

 

 

(Dollars in thousands)

 

Intrinsic value of options exercised

 

$

206

 

 

$

234

 

 

$

593

 

 

$

487

 

Cash received from option exercises

 

 

72

 

 

 

119

 

 

 

179

 

 

 

195

 

Tax benefit realized from option exercised

 

 

5

 

 

 

 

 

 

5

 

 

 

 

2010 Plan  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock-based Compensation Stock Options Activity

A summary of stock options outstanding under the 2010 Plan for the nine months ended September 30, 2019 is as follows:

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Number of

 

 

Average

 

 

Aggregate

 

 

 

Options

 

 

Exercise

 

 

Intrinsic

 

 

 

Outstanding

 

 

Price

 

 

Value

 

 

 

(Dollars in thousands, except per share data)

 

Outstanding, as of January 1, 2019

 

 

620,000

 

 

$

4.57

 

 

 

 

 

Options granted

 

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(165,000

)

 

 

1.12

 

 

 

 

 

Options forfeited

 

 

 

 

 

 

 

 

 

 

Options expired

 

 

 

 

 

 

 

 

 

 

Outstanding, as of September 30, 2019

 

 

455,000

 

 

 

5.20

 

 

$

2,085

 

Fully vested and expected to vest

 

 

440,000

 

 

 

5.10

 

 

$

2,058

 

Vested

 

 

395,000

 

 

$

4.77

 

 

$

1,978

 

Summary of Information Related to Stock Option Plan

Information related to stock options exercised under the 2010 Plan for the periods indicated follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

 

2019

 

 

 

2018

 

 

 

2019

 

 

 

2018

 

 

 

(Dollars in thousands)

 

Intrinsic value of options exercised

 

$

 

 

$

 

 

$

1,090

 

 

$

876

 

Cash received from option exercises

 

 

 

 

 

 

 

 

185

 

 

 

319

 

Tax benefit realized from option exercised

 

 

 

 

 

 

 

 

285

 

 

 

160

 

Summary of Changes in Non-vested Restricted Stock Awards

A summary of the changes in the Company’s non-vested restricted stock awards under the 2010 Plan for the nine months ended September 30, 2019 is as follows:

 

 

 

Shares

Issued

 

 

Weighted

Average

Grant Date

Fair Value

 

 

Aggregate

Intrinsic

Value

 

 

 

(Dollars in thousands, except share data)

 

Non-vested, as of January 1, 2019

 

 

436,000

 

 

$

8.19

 

 

 

 

 

Awards granted

 

 

3,000

 

 

 

8.15

 

 

 

 

 

Awards vested

 

 

(141,500

)

 

 

5.91

 

 

 

 

 

Awards forfeited

 

 

(8,000

)

 

 

10.10

 

 

 

 

 

Non-vested, as of September 30, 2019

 

 

289,500

 

 

$

9.25

 

 

$

2,831

 

 

2010 Plan | Restricted Stock Awards  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Information Related to Non-vested Restricted Stock Awards

Information related to non-vested restricted stock awards under the 2010 Plan for the periods indicated follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

 

2019

 

 

 

2018

 

 

 

2019

 

 

 

2018

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

Tax benefit realized from awards vested

 

$

141

 

 

$

272

 

 

$

144

 

 

$

285