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Stock Option Plan (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Analysis of Stock Option Activity

An analysis of stock option activity for the year ended December 31, 2014 is presented in the table and narrative below:

 

               

Weighted-

Average

       
    Shares     Weighted-
Average Ex. Price
    Remaining
Contractual
Term (Years)
    Aggregate Intrinsic
Value ($000)
 

Outstanding, beginning of year (split adjusted)

    1,064,064      $ 20.99       

Granted

    —          —         

Exercised

    (104,927     13.69       

Cancelled

    (31,460     24.78       
 

 

 

   

 

 

     

Outstanding, end of year

    927,677        21.69        6.43      $ 20,118   
 

 

 

   

 

 

   

 

 

   

 

 

 

Exercisable at end of year

    358,597      $ 15.31        4.07      $ 5,489   
 

 

 

   

 

 

   

 

 

   

 

 

 
Schedule of Information Concerning Outstanding and Vested Stock Options

The following table summarizes information concerning outstanding and vested stock options as of December 31, 2014:

 

Exercise Price     Number
Outstanding
    Remaining
Contracted
Life (Years)
    Number Vested  
$ 11.03        22,816        0.1        22,816   
  13.66        106,110        2.1        106,110   
  16.78        182,411        4.4        138,431   
  15.73        241,940        6.8        89,240   
  30.85        374,400        8.8        2,000   
 

 

 

     

 

 

 
    927,677          358,597