Share-Based Payment Arrangements (Tables)

9 Months Ended

Sep. 30, 2014

Share-Based Payment Arrangements [Abstract]

A summary of the status of our stock options as of and changes during the nine months ended September 30, 2014 is presented below:

			Average
		Weighted	Remaining	Aggregate
		Average	Contractual	Intrinsic
	Number of	Exercise	Term	Value
	Shares	Price	(Years)	($000)

Outstanding at January 1, 2014	1,387,489	$ 9.66
Granted	-
Exercised	(2,142)	$ 6.61
Forfeited or expired	(70,596)	$ 9.50
Outstanding at September 30, 2014	1,314,751	$ 9.67	3.5	$ 2,098
Exercisable at September 30, 2014	1,201,178	$ 9.96	3.4	$ 1,683

Schedule of Options, Grants in Period and Grant Date Intrinsic Value

The following table details the intrinsic value of options exercised, total cost of share-based payments charged against income before income tax benefit and the amount of related income tax benefit recognized in income for the periods indicated (in thousands):

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2014	2013	2014	2013

Intrinsic value of options exercised	$ -	$ -	$ 9	$ -

Cost of share-based payments (non-cash)	$ 35	$ 52	$ 133	$ 156

Income tax benefit of share-based
payments recognized in income	$ 8	$ 8	$ 23	$ 23

Summary of the Status of Restricted Stock Units

A summary of the status of our restricted stock units as of September 30, 2014 and changes during the nine months then ended is presented below:

	Number of
	Restricted
	Stock Units

Non-vested at January 1, 2014	236,851
Granted	175,983
Vested	-
Forfeited	(102,987)
Non-vested at September 30, 2014	309,847