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Stock Option Plan and Restricted Stock Plan (Tables)
12 Months Ended
Dec. 31, 2016
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, 2016 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

     1,231,346       $ 26.70         

Granted

     —           —           

Exercised

     (82,871      15.69         

Cancelled

     (54,440      (29.52      
  

 

 

    

 

 

       

Outstanding, end of year

     1,094,035         27.40         6.56       $ 19,475   
  

 

 

    

 

 

    

 

 

    

 

 

 

Exercisable at end of year

     422,945       $ 20.38         4.29       $ 10,498   
  

 

 

    

 

 

    

 

 

    

 

 

 
Schedule of Information Concerning Outstanding and Vested Stock Options

The following table summarizes information concerning outstanding and vested stock options as of December 31, 2016:

 

Exercise Price     Number
Outstanding
    Remaining
Contracted
Life (Years)
    Number Vested  
$ 13.66        36,522        0.1        36,522   
  16.78        123,473        2.4        123,473   
  15.73        180,380        4.8        136,460   
  30.85        320,410        6.8        126,490   
$ 33.89        433,250        8.8        —     
 

 

 

     

 

 

 
    1,094,035          422,945