Share-Based Payment Arrangements (Tables)

6 Months Ended

Jun. 30, 2017

Share-Based Payment Arrangements [Abstract]

Summary of the Status of Stock Options

A summary of the status of our stock options as of June 30, 2017 and changes during the six months then ended is presented below:

				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	(21,887)	$	6.61
Forfeited or expired	(175,000)	$	12.49
Outstanding at June 30, 2017	427,344	$	7.89	1.7	$	1,469
Exercisable at June 30, 2017	427,344	$	7.89	1.7	$	1,469

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				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
Intrinsic value of options exercised	$	80	$	-	$	101	$	-
Cost of share-based payments (non-cash)	$	-	$	-	$	-	$	38
Income tax benefit of share-based payments recognized in income	$	-	$	-	$	-	$	8

Summary of the Status of Restricted Stock Units

A summary of the status of our restricted stock units as of June 30, 2017 and 2016 and changes during the six months then ended is presented below:

	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 June 30	247,067	217,967