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Stock Compensation (Tables)
 12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of stock option activity for the period
Options outstanding and exercisable at December 31, 2014, 2013 and 2012 were as follows: 
Year
Outstanding
 
Range of Exercise
Prices
 
Exercisable
 
Weighted Average
Exercise Price
2014
1,512,756

 
$9.00 to $20.93
 
1,066,219

 
$
11.58

2013
1,574,572

 
$9.00 to $18.62
 
1,057,694

 
$
11.48

2012
1,919,021

 
$8.00 to $18.62
 
1,355,112

 
$
11.63

The following table provides a summary of stock option activity for the period ended December 31, 2014:
 
Shares
 
Average
Exercise
Price
 
Weighted
Average
Life
 
Aggregate
Intrinsic
Value
Outstanding at December 31, 2013
1,574,572

 
$
12.14

 
 
 
 
Options Granted
209,500

 
20.93

 
 
 
 
Options Exercised
(228,064
)
 
12.20

 
 
 
 
Canceled or Forfeited
(43,252
)
 
15.74

 
 
 
 
Outstanding at December 31, 2014
1,512,756

 
13.24

 
5.08 years
 
$
6,590

Exercisable at December 31, 2014
1,066,219

 
$
11.58

 
4.47 years
 
$
6,420

The following tables summarize stock option activity in the past three years:
Options granted in 2014, 2013 and 2012:
Year
Options
 
Exercise
Price
2014
209,500

 
$
20.93

2013
323,400

 
$
14.77

2012
323,950

 
$
12.96


Options exercised in 2014, 2013 and 2012:
Year
Options
 
Exercise
Price
2014
228,064

 
$9.97 to $17.02
2013
503,321

 
$8.00 to $18.62
2012
288,794

 
$8.00 to $12.55
Fair Value of stock options granted assumptions used
 
2014
 
2013
 
2012
Risk free interest rate
2.80
%
 
1.86
%
 
2.00
%
Expected dividend yield
2.50
%
 
2.40
%
 
2.20
%
Expected life of award (years)
7.0

 
7.0

 
5.4

Expected volatility
50.00
%
 
50.00
%
 
50.00
%
Fair value per option share
$
7.05

 
$
5.39

 
$
4.93
Summary of restricted stock activity for the period
The following table provides a summary of restricted stock activity for the period ended December 31, 2014:
 
Shares
 
Average
Grant-Date
Fair Value
Unvested shares at December 31, 2013
275,525

 
 
Granted
104,100

 
$
20.93

Vested
(123,829
)
 
11.75

Forfeited
(19,600
)
 
17.34

Unvested shares at December 31, 2014
236,196

 
$
16.78