Share-Based Payment Arrangements (Tables)

9 Months Ended

Sep. 30, 2015

Share-Based Payment Arrangements [Abstract]

Summary of the Status of Stock Options

A summary of the status of our stock options as of September 30, 2015 and changes during the nine months ended is presented below:

				Average
		Weighted		Remaining	Aggregate
		Average		Contractual	Intrinsic
	Number of	Exercise		Term	Value
	Shares	Price		(Years)	($000)
Outstanding at January 1, 2015	1,062,134	$	9.51
Granted	-
Exercised	(86,827)	$	6.93
Forfeited or expired	(47,860)	$	11.26
Outstanding at September 30, 2015	927,447	$	9.66	2.7	$	2,002
Exercisable at September 30, 2015	875,661	$	9.84	2.6	$	1,749

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,
	2015		2014		2015		2014
Intrinsic value of options exercised	$	5	$	-	$	387	$	9
Cost of share-based payments (non-cash)	$	38	$	35	$	118	$	133
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, 2015 and changes during the nine months then ended is presented below:

	Number of
	Restricted
	Stock Units
Non-vested at January 1, 2015	285,216
Granted	102,971
Vested	(8,616)
Forfeited	(83,380)
Non-vested at September 30, 2015	296,191