Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity and Stock Based Compensation (Tables)

v2.4.1.9
Stockholders' Equity and Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2014
Stockholders' Equity and Stock Based Compensation  
Schedule of changes in options outstanding under the combined plans

 

 

 

Number
of
Options

 

Weighted
Average
Exercise
Price

 

Outstanding at January 1, 2012

 

374,140 

 

8.33 

 

Granted in 2012

 

 

 

Canceled in 2012

 

 

 

Exercised in 2012

 

63,500 

 

6.78 

 

Outstanding at December 31, 2012

 

310,640 

 

8.65 

 

Granted in 2013

 

 

 

Canceled in 2013

 

 

 

Exercised in 2013

 

25,000 

 

8.03 

 

Outstanding at December 31, 2013

 

285,640 

 

8.71 

 

Granted in 2014

 

 

 

Canceled in 2014

 

15,000 

 

3.04 

 

Exercised in 2014

 

220,000 

 

8.14 

 

Outstanding at December 31, 2014

 

50,640 

 

12.85 

 

Exercisable at December 31, 2014

 

50,640 

 

$

12.85 

 

 

Summary of stock options outstanding

Range of Exercise
Prices

 

Outstanding
Options as of
December 31,
2014

 

Weighted
Average
Remaining
Contractual
Life

 

Weighted
Average
Exercise
Price

 

Options
Exercisable
as of
December 31,
2014

 

Weighted
Average
Exercise
Price

 

 

 

 

 

 

 

 

 

 

 

 

 

10.00–12.99

 

50,640 

 

0.3 

 

12.85 

 

50,640 

 

12.85 

 

 

 

50,640 

 

0.3 

 

$

12.85 

 

50,640 

 

$

12.85 

 

 

Summary of nonvested shares of Restricted Stock awards outstanding and the changes during the period

 

 

Shares

 

Weighted
Average Grant
Date
Fair Value

 

Nonvested shares at January 1, 2011

 

262,275

 

$

10.44

 

Granted in 2012

 

92,000

 

12.32

 

Vested in 2012

 

(99,600

)

10.10

 

Forfeited in 2012

 

(3,525

)

11.79

 

Nonvested shares at December 31, 2012

 

251,150

 

$

11.24

 

Granted in 2013

 

56,500

 

12.57

 

Vested in 2013

 

(107,325

)

10.33

 

Forfeited in 2013

 

(775

)

9.77

 

Nonvested shares at December 31, 2013

 

199,550

 

$

12.02

 

Granted in 2014

 

98,689

 

16.03

 

Vested in 2014

 

(101,143

)

11.94

 

Forfeited in 2014

 

(34,487

)

11.62

 

Nonvested shares at December 31, 2014

 

162,609

 

$

14.36