XML 77 R20.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Stock-Based Compensation | 6 Months Ended
--- | ---
Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Stock-Based Compensation | Stock-Based Compensation The Company has granted options to purchase its common stock and or stock grants to certain employees and directors of the Company and its affiliates under various stock option plans at no less than the fair market value of the underlying stock on the date of grant. These options are granted for a term not exceeding ten years and are forfeited in the event the employee or director terminates his or her employment or relationship with the Company or one of its affiliates other than by retirement or death. These options generally vest over five years. All option plans contain anti-dilutive provisions that permit an adjustment of the number of shares of the Company’s common stock represented by each option for any change in capitalization. The Company’s stock-based compensation expense was $290,000 and $1,359,000 for the three months ended June 30, 2015 and 2014, respectively and $466,000 and $1,660,000 for the six months ended June 30, 2015 and 2014, respectively. The decrease of stock-based compensation expense in 2015 as compared to 2014 is primarily related to the accelerated vesting of awards to retirement eligible recipients that occurred in 2014. Qualified Options Following is a summary of activity in the Incentive Stock Option Plans for the period indicated:
For six months ended June 30, 2015 |
| Shares
Outstanding at beginning of year | 301,800 |
Granted | 24,500 |
Exercised | (72,375 | )
Canceled | (1,500 | )
Outstanding at June 30, 2015 | 252,425 |
Exercisable at June 30, 2015 | 144,325 |
Available for grant at June 30, 2015 | 375,500 |
Non-qualified Options Following is a summary of activity in the Non-Qualified Stock Option Plans for the period indicated:
For six months ended June 30, 2015 |
| Shares
Outstanding at beginning of year | 132,100 |
Granted | — |
Exercised | (4,800 | )
Canceled | — |
Outstanding at June 30, 2015 | 127,300 |
Exercisable at June 30, 2015 | 83,100 |
Available for grant at June 30, 2015 | 234,026 |
Restricted Stock Following is a summary of activity in the Restricted Stock for the periods indicated:
For six months ended June 30, 2015 |
| Shares
Outstanding at beginning of year | 12,043 |
Granted | 24,500 |
Vested | (5,056 | )
Forfeited or Canceled | — |
Outstanding at June 30, 2015 | 31,487 |

X
- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51659978&loc=d3e25284-112666 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration