XML 48 R38.htm IDEA: XBRL DOCUMENT
v3.19.1

Stock Based Compensation (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2019
Stock Based Compensation, Unamortized Stock-Based Compensation and Remaining Weighted Average Period | The following tables illustrate the Company’s stock based compensation, unamortized stock-based compensation, and remaining weighted average period for the three months ended March 31, 2019 and 2018.
|  | Stock-Based Compensation for the Three months ended |  |  | Unamortized Stock-Based Compensation |  |  | Remaining Weighted Average Period (years) |
March 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |
Restricted Stock |  | $ | 688 |  |  | $ | 9,238 |  |  |  | 2.4 |
Unrestricted Stock |  |  | 96 |  |  |  | 64 |  |  |  | 0.2 |
Performance Based Restricted Stock |  |  | 701 |  |  |  | 4,524 |  |  |  | 2.4 |
Total |  | $ | 1,485 |  |  | $ | 13,826 |  |  |  |  |
March 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |
Restricted Stock |  | $ | 666 |  |  | $ | 7,956 |  |  |  | 2.0 |
Unrestricted Stock |  |  | 96 |  |  |  | 64 |  |  |  | 0.2 |
Performance Based Restricted Stock |  |  | 547 |  |  |  | 3,562 |  |  |  | 2.4 |
Total |  | $ | 1,309 |  |  | $ | 11,582 |  |  |  |  |
Summary of Option Activity | Option activity within each plan is as follows:
|  | Incentive Stock Option Plans |  |  | Weighted Average Price Per Share |
Balance outstanding, December 31, 2018 |  |  | 384,064 |  |  | $ | 9.10 |
Options exercised |  |  | (14,677 | ) |  |  | 9.18 |
Balance outstanding, March 31, 2019 |  |  | 369,387 |  |  | $ | 9.10 |
Summary of Stock Options Summarized by Exercise Price | Information relating to stock options at March 31, 2019, summarized by exercise price is as follows:
|  | Outstanding Weighted Average |
Exercise Price Per Share |  | Shares |  |  | Remaining Life (Months) |  |  | Exercise Price |
Incentive Stock Option Plan: |  |  |  |  |  |  |  |  |  |  |  |
$7.50 |  |  | 221,045 |  |  |  | 20 |  |  | $ | 7.5 |
$11.32—$14.49 |  |  | 148,342 |  |  |  | 67 |  |  | $ | 11.49 |
|  |  | 369,387 |  |  |  |  |  |  | $ | 9.10 |
Weighted Average Exercise Prices for Options Granted and Exercisable and Weighted Average Remaining Contractual Life for Options Outstanding | The weighted average exercise prices for options granted, and exercisable, and the weighted average remaining contractual life for options outstanding as of March 31, 2019, were as follows:
As of March 31, 2019 |  | Number of Shares |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life (Months) |  |  | Intrinsic Value (thousands) |
Incentive Stock Option Plan: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Outstanding |  |  | 369,387 |  |  | $ | 9.10 |  |  |  | 39 |  |  | $ | 3,000 |
Expected to Vest |  |  | 369,387 |  |  | $ | 9.10 |  |  |  | 39 |  |  | $ | 3,000 |
Exercisable |  |  | 369,387 |  |  | $ | 9.10 |  |  |  | 39 |  |  | $ | 3,000 |
Performance Based Stock Options |
Summary of Option Activity | Performance option activity is as follows:
|  | Incentive Stock Option Plans |  |  | Weighted Average Price Per Share |  |  | Execisable Weighted Average Price Per Share |
Balance outstanding, December 31, 2018 |  |  | 140,411 |  |  | $ | 11.49 |  |  | $ | 11.49 |
Options exercised |  |  | (5,735 | ) |  |  | 11.49 |  |  |  | 11.49 |
Balance outstanding, March 31, 2019 |  |  | 134,676 |  |  | $ | 11.49 |  |  | $ | 11.49 |
Performance Incentive Stock Option Plan |
Summary of Stock Options Summarized by Exercise Price | Information relating to stock options at March 31, 2019 summarized by exercise price is as follows:
|  | Outstanding Weighted Average |  |  | Exercisable Weighted Average |
Exercise Price Per Share |  | Shares |  |  | Remaining Life (Months) |  |  | Exercise Price |  |  | Shares |  |  | Exercise Price |
Performance Incentive Stock Option Plan: |  |  | 134,676 |  |  |  | 69 |  |  | $ | 11.49 |  |  |  | 134,676 |  |  | $ | 11.49 |
Weighted Average Exercise Prices for Options Granted and Exercisable and Weighted Average Remaining Contractual Life for Options Outstanding | The weighted average exercise prices of options granted and exercisable and the weighted average remaining contractual life for options outstanding as of March 31, 2019 are as follows:
As of March 31, 2019 |  | Number of Shares |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life (Months) |  |  | Intrinsic Value (thousands) |
Performance Incentive Stock Option Plan: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Outstanding |  |  | 134,676 |  |  | $ | 11.49 |  |  |  | 69 |  |  | $ | 772 |
Expected to Vest |  |  | 134,676 |  |  | $ | 11.49 |  |  |  | 69 |  |  | $ | 772 |
Exercisable |  |  | 134,676 |  |  | $ | 11.49 |  |  |  | 69 |  |  | $ | 772 |
Common Stock Grants |
Summary of Non-Vested Shares | Common stock grants — A summary of non-vested shares as of and for the three months ended March 31, 2019 and 2018 is presented below:
|  | Three Months Ended March 31, 2019 |  |  | Three Months Ended March 31, 2018 |
|  | Number of Shares |  |  | Weighted Average Grant Date Fair Value |  |  | Number of Shares |  |  | Weighted Average Grant Date Fair Value |
Nonvested shares at December 31st |  |  | 587,210 |  |  | $ | 17.59 |  |  |  | 391,753 |  |  | $ | 15.61 |
Granted |  |  | 290,679 |  |  |  | 17.34 |  |  |  | 254,972 |  |  |  | 19.97 |
Vested |  |  | (105,582 | ) |  |  | 15.21 |  |  |  | (8,800 | ) |  |  | 12.07 |
Forfeited |  |  | (6,589 | ) |  |  | 17.69 |  |  |  | (5,265 | ) |  |  | 16.51 |
Nonvested shares at March 31st |  |  | 765,718 |  |  | $ | 17.77 |  |  |  | 632,660 |  |  | $ | 17.41 |
Performance Based Restricted Shares |
Summary of Non-Vested Shares | Performance Based Shares—A summary of non-vested performance based shares as of and for the three months ended March 31, 2019 and 2018, respectively is presented below:
|  | Three Months Ended March 31, 2019 |  |  | Three Months Ended March 31, 2018 |
|  | Number of Shares |  |  | Weighted Average Grant Date Fair Value |  |  | Number of Shares |  |  | Weighted Average Grant Date Fair Value |
Nonvested shares at December 31st |  |  | 287,077 |  |  | $ | 16.87 |  |  |  | 186,057 |  |  | $ | 14.93 |
Granted |  |  | 137,557 |  |  |  | 16.47 |  |  |  | 122,446 |  |  |  | 18.79 |
Additional granted based on performance achievement |  |  | 41,568 |  |  |  | 12.88 |  |  |  | — |  |  |  | — |
Vested |  |  | (90,872 | ) |  |  | 14.73 |  |  |  | (14,625 | ) |  |  | 11.01 |
Forfeited |  |  | (3,543 | ) |  |  | 15.98 |  |  |  | (1,765 | ) |  |  | 15.40 |
Nonvested shares at March 31st |  |  | 371,787 |  |  | $ | 16.81 |  |  |  | 292,113 |  |  | $ | 16.74 |

X
- Definition Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate. + 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=109197908&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=109197908&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 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)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + 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 -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
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=109197908&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=109197908&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=109197908&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 number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding and exercisable options that are fully vested and expected to vest. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + 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 (e) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAndExercisableTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_PlanNameAxis=avd_PerformanceBasedOptionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=avd_PerformanceIncentiveStockOptionPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember
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: |