XML 29 R16.htm IDEA: XBRL DOCUMENT v3.4.0.3
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Option Activity
A summary of option activity under our 1998 Stock Option Plan as of December 31, 2015, and changes during the three months ended March 31, 2016 is presented below.

 
Number
 of
Stock Options
 
Weighted Average
Exercise
 Price
 
Weighted
Average
Remaining
Contractual Life (years)
 
Aggregate
Intrinsic
Value
(in thousands)
Outstanding, December 31, 2015
414,769

 
$
19.07

 
5.08
 
$
1,814

Exercised
(22,750
)
 
15.46

 

 
137

Outstanding, March 31, 2016
392,019

 
$
19.28

 
5.01
 
$
1,468

Exercisable, March 31, 2016
336,187

 
$
18.22

 
4.40
 
$
1,468

Summary of Stock Options Outstanding
The following table summarizes information about our stock options outstanding at March 31, 2016:

 
Range of Exercise Prices
Options Outstanding
 
Options Exercisable
Shares
 
Weighted
Average
Remaining
Contractual
Life (years)
 
Weighted
Average
Exercise
Price
 
Shares
 
Weighted
Average
Exercise
Price
$0.01-15.70
79,852

 
3.42
 
$
10.67

 
79,852

 
$
10.67

$15.71-17.81
85,750

 
3.49
 
17.55

 
85,750

 
17.55

$17.82-20.48
118,917

 
4.00
 
19.59

 
118,917

 
19.59

$20.49-33.36
107,500

 
8.50
 
26.72

 
51,668

 
27.85

 
392,019

 
5.01
 
$
19.28

 
336,187

 
$
18.22

Status of Unvested Stock Options
The summary of the status of our unvested stock options as of December 31, 2015 and changes during the three months ended March 31, 2016 is presented below.

 
 
 
Unvested stock options:
Shares
 
Weighted Average
Grant Date Fair Value Per Share
Unvested at December 31, 2015
101,836

 
$
12.67

Vested
(46,004
)
 
12.55

Unvested at March 31, 2016
55,832

 
$
12.77