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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Restricted Stock Issued

The following table summarizes all restricted stock issued:

 

     Restricted
shares
    Weighted
average
issuance price
per share
 

Balance at December 31, 2012

     94,014      $ 26.26   
  

 

 

   

 

 

 

Restricted shares granted

     157        24.00   

Restricted shares vested

     (54,255     27.65   

Restricted shares forfeited

     (1,483     28.01   
  

 

 

   

 

 

 

Balance at June 30, 2013

     38,433      $ 24.21   
  

 

 

   

 

 

 
Summary of All Stock Options Outstanding

The following table summarizes all stock options outstanding:

 

     Shares
subject
to option
    Weighted
average
exercise price
per share
     Aggregate
intrinsic
value
     Weighted
average
contractual
remaining life
in years
 

Balance at December 31, 2012

     116,000      $ 28.27       $ 279,150         6.0   

Exercised

     (6,000     8.55         

Forfeited

     (8,000     35.10         
  

 

 

   

 

 

    

 

 

    

 

 

 

Balance at June 30, 2013

     102,000      $ 28.89       $ 292,730         5.7   
  

 

 

   

 

 

    

 

 

    

 

 

 
Summary of Stock Options Outstanding

The following table summarizes information about stock options outstanding as of June 30, 2013:

 

     Options outstanding      Options exercisable  

Range of exercise prices

   Number
of
options
     Average
life (1)
     Weighted
average
exercise
price
     Number
of
options
     Weighted
average
exercise
price
 

$12.63

     6,000         0.8       $ 12.63         6,000       $ 12.63   

$20.16 - $22.95

     32,000         5.8         21.59         32,000         21.59   

$25.18 - $26.86

     22,000         6.4         25.79         22,000         25.79   

$37.23 - $40.46

     42,000         6.0         38.40         42,000         38.40   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     102,000         5.7       $ 28.89         102,000       $ 28.89   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)

Average life remaining in years.