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Share-Based Payment Arrangements (Tables)
3 Months Ended
Mar. 31, 2017
Share-Based Payment Arrangements [Abstract]  
Summary of the Status of Stock Options





 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

Average

 

 

 



 

 

 

Weighted

 

Remaining

 

Aggregate



 

 

 

Average

 

Contractual

 

Intrinsic



 

Number of

 

Exercise

 

Term

 

Value



 

Shares

 

Price

 

(Years)

 

($000)



 

 

 

 

 

 

 

 

 

 

Outstanding at January 1, 2017

 

624,231 

 

$

9.14 

 

 

 

 

 

Granted

 

-  

 

$

 -

 

 

 

 

 

Exercised

 

(5,000)

 

$

6.61 

 

 

 

 

 

Forfeited or expired

 

(10,000)

 

$

11.99 

 

 

 

 

 

Outstanding at March 31, 2017

 

609,231 

 

$

9.11 

 

1.5 

 

$

1,471 

Exercisable at March 31, 2017

 

609,231 

 

$

9.11 

 

1.5 

 

$

1,471 



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

 



 

March 31,

 



 

2017

 

2016

 



 

 

 

 

 

 

 

Intrinsic value of options exercised

 

$

21 

 

$

 -

 



 

 

 

 

 

 

 

Cost of share-based payments (non-cash)

 

$

 -

 

$

38 

 



 

 

 

 

 

 

 

Income tax benefit of share-based payments recognized in income

 

$

 -

 

$

 



Summary of the Status of Restricted Stock Units







 

 

 

 

 



 

Number of



 

Restricted



 

Stock Units



 

2017

 

 

2016



 

 

 

 

 

Non-vested at January 1

 

296,574 

 

 

296,571 

Granted

 

 -

 

 

 -

Vested

 

(5,998)

 

 

(7,144)

Forfeited

 

(43,509)

 

 

(71,460)

Non-vested at March 31

 

247,067 

 

 

217,967