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Significant Stock-Based Plan Activity and Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Information Regarding Stock-Based Compensation Expense
Stock-Based Compensation
Certain information regarding our stock-based compensation was as follows (in thousands):
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Intrinsic value of stock options exercised
 
$
230

 
$
388

 
$
265

Intrinsic value of fully-vested stock awards granted
 
1,590

 
992

 
1,812

Stock-Based Compensation Expense
Stock-based compensation expense was recognized in our Consolidated Statements of Operations as follows (in thousands):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Selling, general and administrative expense
$
1,907

 
$
1,334

 
$
1,197

Cost of sales
99

 
150

 
119

Total stock-based compensation expense
$
2,006

 
$
1,484

 
$
1,316

Stock Option Activity
Stock Option Activity
Stock option activity for the year ended December 31, 2019 was as follows:
 
 
Options Outstanding
 
Weighted Average Exercise Price
Outstanding at December 31, 2018
 
306,490

 
$
9.82

Exercised
 
(38,367
)
 
10.39

Canceled
 
(3,325
)
 
7.69

Outstanding at December 31, 2019
 
264,798

 
9.76

Information Regarding Options Outstanding
Certain information regarding options outstanding as of December 31, 2019 was as follows:
 
 
Options
Outstanding
 
Options
Exercisable
Number
 
264,798

 
242,552

Weighted average exercise price
 
$
9.76

 
$
9.94

Aggregate intrinsic value (in thousands)
 
$
1,784

 
$
1,590

Weighted average remaining contractual term
 
4.7 years

 
4.6 years

Performance-based Stock Award Activity
Cumulative activity related to performance-based awards during the year ended December 31, 2019 was as follows (in shares):
 
 
Awards Expected to Vest
 
Weighted Average Grant Date Fair Value Per Share
Awards expected to vest as of January 1, 2019
 
79,368

 
$
16.85

Granted (target amount)
 
59,586

 
16.21

Not expected to vest due to failure to meet performance goals
 
(30,918
)
 
15.85

Awards expected to vest as of December 31, 2019
 
108,036

 
16.78