Share-based Payment Arrangements (Tables)
 12 Months Ended
Dec. 31, 2015
Share-based Payment Arrangements [Abstract]  
Summary of the Status of Stock Options

A summary of the status of our stock options as of December 31, 2015 and changes during the year then ended is presented below:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Shares

 

Weighted Average Exercise Price

 

Average Remaining Contractual Term (Years)

 

Aggregate Instrinsic Value ($000)

Outstanding at January 1, 2015

 

 

 1,062,134 

 

$

 9.51 

 

 

 

 

 

 

Granted

 

 

-

 

 

 

 

 

 

 

 

 

Exercised

 

 

 (91,827)

 

$

 7.17 

 

 

 

 

 

 

Forfeited or expired

 

 

 (101,194)

 

$

 11.67 

 

 

 

 

 

 

Outstanding at December 31, 2015

 

 

 869,113 

 

$

 9.51 

 

 

 2.5 

 

$

 2,120 

Exercisable at December 31, 2015

 

 

 817,328 

 

$

 9.69 

 

 

 2.5 

 

$

 1,857 

 

 

Schedule of Options, Grants in Period, 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):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

Intrinsic value of options exercised

 

$

 393 

 

$

 412 

 

$

-

Cost of share-based payments (non-cash)

 

$

 157 

 

$

 173 

 

$

 207 

Income tax benefit of share-based payments recognized in income

 

$

 30 

 

$

 30 

 

$

 30 

 

Schedule of Nonvested Restricted Stock Units Activity

A summary of the status of our restricted stock units as of December 31, 2015 and changes during the year then ended is presented below:

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Restricted Stock Units

Nonvested at January 1, 2015

 

 285,216 

Granted

 

 103,351 

Vested

 

 (8,616)

Forfeited

 

 (83,380)

Nonvested at December 31, 2015

 

 296,571