XML 51 R41.htm IDEA: XBRL DOCUMENT v3.20.2

Stock Based Compensation (Tables)

9 Months Ended

Sep. 30, 2020

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 amortization period.

		Stock-Based Compensation for the Three-months ended				Stock-Based Compensation for the Nine- months ended				Unamortized Stock-Based Compensation				Remaining Weighted Average Period (years)
September 30, 2020
Restricted Stock		$	695			$	2,173			$	3,030				1.3
Unrestricted Stock			110				351				293				0.7
Performance-Based Restricted Stock			426				1,252				1,494				1.3
Total		$	1,231			$	3,776			$	4,817
September 30, 2019
Restricted Stock		$	1,082			$	2,751			$	6,849				2.2
Unrestricted Stock			105				300				280				0.7
Performance-Based Restricted Stock			977				2,108				3,320				2.0
Total		$	2,164			$	5,159			$	10,449

Incentive Stock Option Plans

Incentive Stock Option Plans

Activity of the incentive stock option plans:

		Number of Shares				Weighted Average Price Per Share
Balance outstanding, December 31, 2019			332,823			$	9.14
Options exercised			(15,836	)			8.83
Balance outstanding, March 31, 2020			316,987				9.16
Options exercised			(9,291	)			8.27
Balance outstanding, June 30, 2020			307,696				9.16
Options exercised			(86,446	)			7.58
Balance outstanding, September 30, 2020			221,250			$	9.81

Summarized By Exercise Price

Outstanding at September 30, 2020, summarized by exercise price:

		Outstanding Weighted Average
Exercise Price Per Share		Number of Shares				Remaining Life (Months)				Exercise Price
$7.50			92,888				2			$	7.5
$11.32—$14.49			128,362				49				11.48
			221,250							$	9.81

Performance Based Stock Options

Incentive Stock Option Plans

Activity of the performance incentive stock option plan:

		Number of Shares				Weighted Average Price Per Share
Balance outstanding, December 31, 2019			120,782			$	11.49
Options exercised			(3,035	)			11.49
Balance outstanding, March 31, 2020 and June 30, 2020			117,747			$	11.49
Options exercised			(3,089	)			11.49
Balance outstanding, September 30, 2020			114,658			$	11.49

Restricted and Unrestricted Stock

Summary of Nonvested Shares

Restricted and Unrestricted Stock — A summary of nonvested restricted and unrestricted stock is presented below:

		For the Nine-Months Ended September 30, 2020								For the Nine-Months Ended September 30, 2019
		Number of Shares				Weighted Average Grant Date Fair Value				Number of Shares				Weighted Average Grant Date Fair Value
Nonvested shares at December 31st			719,845			$	17.67				587,210			$	17.59
Granted			4,185				18.63				297,679				17.34
Vested			(213,781	)			16.18				(105,582	)			15.21
Forfeited			(14,715	)			18.08				(6,589	)			17.69
Nonvested shares at March 31st			495,534				18.31				772,718				17.77
Granted			43,168				13.45				40,522				13.34
Vested			(37,958	)			13.88				(32,771	)			13.35
Forfeited			(8,221	)			18.64				(21,184	)			17.77
Nonvested shares at June 30th			492,523				18.22				759,285				17.72
Granted			—				—				—				—
Vested			—				—				(3,685	)			17.84
Forfeited			(8,430	)			18.54				(8,595	)			17.89
Nonvested shares at September 30th			484,093			$	18.22				747,005			$	17.72

Performance Based Restricted Stock

Summary of Nonvested Shares

Performance-Based Restricted Stock — A summary of nonvested performance-based stock is presented below:

		For the Nine-Months Ended September 30, 2020								For the Nine-Months Ended September 30, 2019
		Number of Shares				Weighted Average Grant Date Fair Value				Number of Shares				Weighted Average Grant Date Fair Value
Nonvested shares at December 31st			345,432			$	16.92				287,077			$	16.87
Granted			—				—				137,557				16.96
Additional granted based on performance achievement			76,445				16.56				41,568				12.88
Vested			(184,785	)			15.87				(90,872	)			14.73
Forfeited			(3,759	)			17.23				(3,543	)			15.98
Nonvested shares at March 31st			233,333				17.63				371,787				16.99
Forfeited			(2,268	)			18.00				(14,022	)			17.11
Nonvested shares at June 30th			231,065				17.63				357,765				16.99
Additional granted based on performance achievement			—				—				800				17.50
Vested			—				—				(1,700	)			17.28
Forfeited			—				—				(100	)			13.70
Nonvested shares at September 30th			231,065			$	17.63				356,765			$	16.99

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=120381028&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=120381028&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=120381028&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=120381028&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=120381028&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=120381028&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=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
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_AwardTypeAxis=avd_RestrictedAndUnrestrictedStockMember
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: