XML 26 R16.htm IDEA: XBRL DOCUMENT
v3.7.0.1

STOCK-BASED COMPENSATION | 6 Months Ended
--- | ---
Jun. 30, 2017
STOCK-BASED COMPENSATION |
STOCK-BASED COMPENSATION | NOTE 9 STOCK-BASED COMPENSATION During the six months ended June 30, 2017, 0.2 million stock options were granted to certain employees at a weighted average exercise price of $3.11 per share. In comparison, during the six months ended June 30, 2016, the Company granted no stock options to employees or directors. The options vest equally over a three-year period (subject to acceleration of vesting in certain events) if the individual remains affiliated with the Company and are exercisable for a period of 5 years from the date of issue. The principal assumptions used in applying the Black-Scholes option pricing model for these awards were as follows:
|  | Three months ended June 30, |  |  | Six months ended June 30, |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Risk-free interest rate |  | 1.51 | % |  | — | % |  | 1.51 | % |  | — | %
Dividend yield |  | 0.32 | % |  | — | % |  | 0.32 | % |  | — | %
Volatility factor of the expected market price of common stock |  | 73 | % |  | — | % |  | 73 | % |  | — | %
Weighted-average expected life of option |  | 3.5 years |  |  | — |  |  | 3.5 years |  |  | — |
Weighted-average grant date fair value |  | 1.59 |  |  | — |  |  | 1.60 |  |  | — |
During the three and six months ended June 30, 2017, the Company recorded stock option expense of $0.4 million and $0.7 million respectively. This compares to $0.1 million and $0.5 million for the three and six months ended June 30, 2016.

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 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + 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