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Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2020
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, 2020 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, 2020

 

 

155,000

 

 

$

4.70

 

 

 

 

 

Options granted

 

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(55,000

)

 

 

1.15

 

 

 

 

 

Options forfeited

 

 

 

 

 

 

 

 

 

 

Options expired

 

 

 

 

 

 

 

 

 

 

Outstanding, as of September 30, 2020

 

 

100,000

 

 

 

5.77

 

 

$

35

 

Fully vested and expected to vest

 

 

100,000

 

 

 

5.77

 

 

$

35

 

Vested

 

 

100,000

 

 

$

5.77

 

 

$

35

 

Summary of Information Related to Stock Option Plan

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

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

 

2020

 

 

 

2019

 

 

 

2020

 

 

 

2019

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

Intrinsic value of options exercised

 

$

 

 

$

206

 

 

$

370

 

 

$

593

 

Cash received from option exercises

 

 

 

 

 

72

 

 

 

63

 

 

 

179

 

Tax benefit realized from option exercised

 

 

 

 

 

5

 

 

 

17

 

 

 

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, 2020 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, 2020

 

 

365,000

 

 

$

5.78

 

 

 

 

 

Options granted

 

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(115,000

)

 

 

2.11

 

 

 

 

 

Options forfeited

 

 

 

 

 

 

 

 

 

 

Options expired

 

 

 

 

 

 

 

 

 

 

Outstanding, as of September 30, 2020

 

 

250,000

 

 

 

7.12

 

 

$

128

 

Fully vested and expected to vest

 

 

242,500

 

 

 

7.10

 

 

$

128

 

Vested

 

 

220,000

 

 

$

7.00

 

 

$

128

 

Summary of Information Related to Stock Option Plan

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

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

 

2020

 

 

 

2019

 

 

 

2020

 

 

 

2019

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

Intrinsic value of options exercised

 

$

 

 

$

 

 

$

608

 

 

$

1,090

 

Cash received from option exercises

 

 

 

 

 

 

 

 

242

 

 

 

185

 

Tax benefit realized from option exercised

 

 

 

 

 

 

 

 

157

 

 

 

285

 

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, 2020 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, 2020

 

 

294,500

 

 

$

9.20

 

 

 

 

 

Awards granted

 

 

2,359

 

 

 

6.37

 

 

 

 

 

Awards vested

 

 

(138,859

)

 

 

5.92

 

 

 

 

 

Awards forfeited

 

 

(1,500

)

 

 

12.71

 

 

 

 

 

Non-vested, as of September 30, 2020

 

 

156,500

 

 

$

12.03

 

 

$

895

 

 

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,

 

 

 

 

2020

 

 

 

2019

 

 

 

2020

 

 

 

2019

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

Tax benefit(expense) realized from awards vested

 

$

24

 

 

$

141

 

 

$

21

 

 

$

144