XML 90 R43.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2019

Nonvested Restricted Shares



				December 31,
		2019				2018

				Weighted-				Weighted-
				Average				Average
				Grant Date				Grant Date
				Fair Value				Fair Value
		Shares		(per share)		Shares		(per share)
Nonvested at the beginning of the year		133,462		$          16.12		99,864		$          17.75
Granted		293,309		6.75		85,182		16.16
Vested		(40,696)		16.89		(38,443)		20.50
Forfeited		(58,730)		11.27		(13,141)		15.96
Nonvested at the end of the year		327,345		$            8.49		133,462		$          16.12
Expected to vest		327,345		$            8.49		133,462		$          16.12



Time-Vested Stock Options [Member]

Stock Option Grants


				Expected	Risk Free	Grant Date
			Expected	Dividend	Interest	Fair Value
Grant Year	Grant Date	Expected Life	Volatility	Yield	Rate	Per Award

2019	4/23/2019	6 years	44.87%	0.00%	2.40%	$3.50
2019	1/14/2019	6 years	44.87%	0.00%	2.57%	$3.43
2018	1/12/2018	6 years	44.25%	0.00%	2.42%	$7.57



Option Activity



				December 31,
		2019				2018
				Weighted-				Weighted-
				Average				Average
				Exercise				Exercise
		Options		Price		Options		Price
		Outstanding		(per share)		Outstanding		(per share)
Outstanding at the beginning of the year		208,426		$          21.47		175,620		$          25.13
Granted		255,009		7.43		89,445		16.66
Exercised		-		-		-		-
Forfeited or expired		(150,118)		15.93		(56,639)		23.30
Outstanding at the end of the year		313,317		$          12.70		208,426		$          21.47

Exercisable at the end of the year		82,964		$          23.01		121,755		$          24.90



Options Outstanding



				Weighted-
				Average		Weighted-
				Remaining		Average
				Contractual		Exercise		Aggregate
		Options		Term		Price		Intrinsic
		Outstanding		(in years)		(per share)		Value
Options outstanding		313,317		7.7		$       12.70		$                 -
Vested or expected to vest		313,317		7.7		$       12.70		$                 -
Options exercisable		82,964		4.1		$       23.01		$                 -



Performance Stock Options [Member]

Stock Option Grants


			Expected	Risk Free	Grant Date	Derived
		Expected	Dividend	Interest	Fair Value	Service
Grant Year	Grant Date	Volatility	Yield	Rate	Per Award	Period

2018	1/12/2018	49.33%	0.00%	2.55%	$8.51 to $9.12	1.0 to 2.43 years
2017	7/31/2017	49.22%	2.19%	2.30%	$6.88 to $7.25	0.98 to 2.39 years



X

- Definition

Tabular disclosure of share-based payment arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_AwardTypeAxis=rail_TimeVestedStockOptionsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_AwardTypeAxis=us-gaap_PerformanceSharesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: