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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
The following summarizes the stock option transactions for the Second Restated 2005 Plan, and the 2003 Plan for the year ended December 31:
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
 
 
 
Weighted
 
Remaining
 
Aggregate
 
 
 
Number of
 
Average
 
Contractual
 
Intrinsic
 
 
 
Options
 
Exercise Price
 
Term (Years)
 
Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at January 1, 2013
 
 
260,660
 
$
34.69
 
 
3.0
 
$
1,253,039
 
Granted
 
 
 
 
 
 
 
 
 
 
 
Exercised
 
 
(8,910)
 
 
29.41
 
 
 
 
 
 
 
Forfeited/canceled/expired
 
 
(17,963)
 
 
54.35
 
 
 
 
 
 
 
Outstanding at December 31, 2013
 
 
233,787
 
$
33.38
 
 
2.1
 
$
4,058,035
 
Granted
 
 
 
 
 
 
 
 
 
 
 
Exercised
 
 
(7,294)
 
 
34.80
 
 
 
 
 
 
 
Forfeited/canceled/expired
 
 
(13,323)
 
 
57.93
 
 
 
 
 
 
 
Outstanding at December 31, 2014
 
 
213,170
 
$
31.79
 
 
1.2
 
$
2,519,147
 
Granted
 
 
 
 
 
 
 
 
 
 
 
Exercised
 
 
(125,354)
 
 
27.09
 
 
 
 
 
 
 
Forfeited/canceled/expired
 
 
(58,781)
 
 
43.47
 
 
 
 
 
 
 
Outstanding at December 31, 2015
 
 
29,035
 
$
28.47
 
 
1.4
 
$
289,769
 
Vested and Exercisable at December 31, 2015
 
 
29,035
 
$
28.47
 
 
1.4
 
$
289,769
 
Summary of restricted stock transactions
The following summarizes the restricted stock transactions for the year ended December 31:
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
Average
 
 
 
 
 
 
Grant Date
 
 
 
Shares
 
Fair Value
 
 
 
 
 
 
 
 
 
Outstanding at January 1, 2013
 
 
5,531
 
$
17.97
 
Granted
 
 
50,062
 
 
46.51
 
Vested
 
 
(5,531)
 
 
17.97
 
Forfeited/canceled/expired
 
 
 
 
 
Outstanding at December 31, 2013
 
 
50,062
 
$
46.51
 
Granted
 
 
56,756
 
 
38.11
 
Vested
 
 
(16,529)
 
 
46.51
 
Forfeited/canceled/expired
 
 
(457)
 
 
46.51
 
Outstanding at December 31, 2013
 
 
89,832
 
$
41.20
 
Granted
 
 
55,081
 
 
40.09
 
Vested
 
 
(36,142)
 
 
42.11
 
Forfeited/canceled/expired
 
 
(1,982)
 
 
43.62
 
Non-vested and outstanding at December 31, 2015
 
 
106,789
 
$
40.28
 
Weighted average remaining contractual life (in years)
 
 
4.7