Shared-based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

Share-Based Compensation [Abstract]

Schedule of Assumptions Used

The weighted average input assumptions used and resulting fair values were as follows:

	2015			2014
Expected life (in years)		6			6
Risk-free interest rate		1.72	%		1.61	%
Expected volatility		52.69	%		63.15	%
Dividend yield		-			-

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes the stock option activity:

	Shares		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life (Yrs)		Aggregate Intrinsic Value
Outstanding at December 31, 2014		67,375	$	26.05
Granted		53,500		31.55
Exercised		(1,666)		26.52
Forfeited		-		-
Expired		-		-
Outstanding at June 30, 2015		119,209	$	28.51		8.96		478,981
Exerciseable at June 30, 2015		34,615	$	26.27		8.42		216,549

Restricted Stock Activity

The following table summarizes the restricted stock activity:

			Weighted-Average
	Shares		Grant Date Fair Value
Unvested at December 31, 2014		333,676	$	25.31
Granted		8,980		31.55
Vested		(75,703)		25.08
Forfeited		-		-
Unvested at June 30, 2015		266,953	$	25.59