Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

The following table summarizes the pre-tax stock-based compensation expense included in reported net income (in thousands): 

	Three months ended March 31,
	2015		2014
Non-qualified stock options	$	62	$	132
Restricted stock units	439		292
Board of Directors stock grants	111		82
Total stock-based compensation expense	$	612	$	506

Schedule of Share-based Compensation, Stock Options, Activity

Summarized information for the Company’s non-qualified stock options is as follows:

	Number of options		Weighted average exercise price		Weighted average remaining contractual term	Aggregate intrinsic value
Stock Options
Outstanding at December 31, 2014	229,150		$	11.54
Granted	—		—
Exercised	(27,900	)	10.18
Forfeited	—		—
Expired	—		—
Outstanding at March 31, 2015	201,250		$	11.72	1.66	$	5,087,000
Exercisable at March 31, 2015	125,650		$	10.21	1.35	$	3,366,000

Schedule of Nonvested Restricted Stock Units Activity

Summarized share information for our restricted stock units is as follows:

	Three Months Ended March 31, 2015		Weighted average grant date fair value
	(In shares)		(In dollars)
Outstanding and unvested, beginning of period	263,084		$	25.00
Granted	82,120		36.71
Vested	(2,050	)	15.36
Forfeited	(325	)	25.92
Outstanding and unvested, end of period	342,829		$	27.86