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Stock-Based Compensation and Stock Repurchases (Tables)
9 Months Ended
Sep. 30, 2017
Stock-Based Compensation and Stock Repurchases [Abstract]  
Schedule Of Fair Value Of Options, Weighted Average Assumptions



 

 

 



Nine Months Ended September 30



2017

 

2016

Stock option exercise price

$

15.94  11.87 

Risk-free interest rate

 

1.66%  1.20% 

Expected dividend yield

 

     --

                    --

Expected option life in years

 

3.75  3.75 

Expected volatility

 

24.95%  25.01% 

Weighted average fair value

$

3.45  2.49 



Schedule Of Stock Options Outstanding And Exercisable



 

 

 

 

 

 

 

 

 



 

Outstanding Stock Options - Class A Shares



 

Number of Options

 

Weighted Average Exercise Price

 

Weighted Average Remaining Years of Contractual Life

Aggregate Intrinsic Value

Balance - December 31, 2015

 

486,565 

 

$

8.68 

 

2.89 

$

2,188,011 

Granted

 

169,327 

 

 

11.87 

 

 

 

 

Exercised

 

(46,815)

 

 

9.50 

 

 

$

220,002 

Forfeited

 

(74,000)

 

 

7.02 

 

 

 

 

Balance - December 31, 2016

 

535,077 

 

$

9.84 

 

2.61 

$

3,615,191 

Granted

 

169,762 

 

 

15.94 

 

 

 

 

Exercised

 

(107,750)

 

 

8.94 

 

 

$

595,873 

Forfeited

 

(2,500)

 

 

6.23 

 

 

 

 

Balance - September 30, 2017

 

594,589 

 

$

11.76 

 

3.02 

$

3,007,071 



 

 

 

 

 

 

 

 

 



Summary Of Restricted Stock Units Granted



 

 

 

 

 

 

 

 

 

 

 



 

 

Outstanding Restricted Stock Units



 

 

RSU Grants (in units)

 

Total

 

Vested,

 

Unvested,

Grant Date

 

 

Directors

 

Management

 

Grants

 

September 30, 2017

 

September 30, 2017

March 10, 2016

 

 

35,147 

 

27,381 

 

62,528 

 

41,992 

 

20,536 

April 11, 2016

 

 

--

 

5,625 

 

5,625 

 

1,406 

 

4,219 

March 23, 2017

 

 

30,681 

 

32,463 

 

63,144 

 

--

 

63,144 

August 29, 2017

 

 

--

 

7,394 

 

7,394 

 

--

 

7,394 

Total

 

 

65,828 

 

72,863 

 

138,691 

 

43,398 

 

95,293