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Stock-Based Compensation
 6 Months Ended
Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation
Stock-Based Compensation
 
We currently have two stock-based compensation plans, the Employee Stock Purchase Plan (the “ESPP”) and the Amended and Restated 2014 Equity Incentive Plan (the “2014 Plan”).  As of June 30, 2016, 32,067 shares remained available for issuance under the ESPP and 504,933 shares remained available for issuance under the 2014 Plan.

Exercises and vestings under our stock-based compensation plans resulted in $0 and $37,000 in income tax-related charges to additional paid-in capital during the three and six months ended June 30, 2016, respectively with $0 and $75,000 in such charges for the three and six months ended June 30, 2015, respectively.

Restricted Stock and Restricted Stock Unit Awards
 
During the six months ended June 30, 2016 and 2015, we granted 122,134 and 106,334 shares of restricted stock (net of any forfeitures), respectively, with aggregate grant date fair values of $0.4 million and $0.3 million, respectively. We incurred expenses of $0.5 million and $0.4 million during the six months ended June 30, 2016 and 2015, respectively, related to restricted stock, restricted stock unit and stock option awards. When we grant restricted stock, we defer the grant date value of the restricted stock and amortize that value (net of the value of anticipated forfeitures) as compensation expense with an offsetting entry to the additional paid-in capital component of our consolidated shareholders’ equity. Our restricted stock awards typically vest over a range of 12 to 60 months (or other term as specified in the grant) and is amortized to salaries and benefits expense ratably over applicable vesting periods. As of June 30, 2016, our unamortized deferred compensation costs associated with non-vested restricted stock awards were $0.3 million with a weighted-average remaining amortization period of 1.1 years.

Stock Options
 
When applicable, we recognize stock option-related compensation expense for any awards with graded vesting on a straight-line basis over the vesting period for the entire award. Information related to options outstanding is as follows:
 
June 30, 2016
 
Number of
Shares
 
Weighted-
Average
Exercise Price
 
Weighted-
Average of Remaining
Contractual Life (in years)
 
Aggregate
Intrinsic
Value
Outstanding at December 31, 2015
551,666

 
$
2.80

 
 
 
 

Issued
886,000

 
$
3.26

 

 
 
Exercised
(1,666
)
 
$
2.27

 

 


Cancelled/Forfeited
(6,000
)
 
$
3.04

 

 


Outstanding at June 30, 2016
1,430,000

 
$
3.08

 
4.1
 
$
169,000

Exercisable at June 30, 2016
394,995

 
$
2.55

 
2.7
 
$
141,797


We had $1.2 million and $0.1 million of unamortized deferred compensation costs associated with non-vested stock options as of June 30, 2016 and 2015, respectively.