Accounting For Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2016

The following is a summary of stock option activity for all of our plans in the six months ended June 30, 2016:



	Options Outstanding		Weighted Average Exercise Price Per Share
Outstanding, December 31, 2015	570,500		$	8.00
Granted	21,000		15.19
Exercised	(49,000	)	9.06
Expired	—		—
Forfeited	—		—
Outstanding, June 30, 2016	542,500		$	8.19

Exercisable, June 30, 2016	190,335		$	8.15

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

For stock options granted in the six months ended June 30, 2016, we utilized the fair value of our common stock on the date of grant and employed the following key assumptions in computing fair value using the Black-Scholes option-pricing model:



	2016
Risk-free interest rates	1.24% - 1.85%
Expected life in years	5.10 - 7.50
Expected volatility	42.22% - 46.67%
Dividend yield	—%
Weighted average fair value on grant date	$3.68 - $8.71

Schedule of Non-Vested Restricted Stock Activity

A summary of activity for non-vested restricted stock units in the six months ended June 30, 2016 is as follows:



Non-vested restricted stock units	Shares		Weighted Average Grant Date Fair Value
Non-vested at December 31, 2015	54,315		$	7.43
Granted	—		—
Vested	(6,597	)	7.05
Forfeited	—		—
Non-vested at June 30, 2016	47,718		$	7.48