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Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2017

Unrecognized Compensation Expense is Expected to be Recognized

At March 31, 2017, the Company had unrecognized compensation expense of $5,325 related to granted but unvested stock awards. That expense is to be recognized as follows:

2018		$	2,239
2019			1,545
2020			1,086
2021			455
		$	5,325

2012 Equity Incentive Plan

Summary of Restricted Stock Activity

The following table summarizes restricted stock activity under the Plans from December 31, 2016 through March 31, 2017:

		Number of Shares				Weighted Average
Unvested, December 31, 2016			273			$	7.35
Granted			266				15.82
Vested			(22	)			(8.06	)
Forfeiture			-				-
Unvested March 31, 2017			517			$	13.37

X

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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- Definition

Tabular disclosure of the total compensation cost related to nonvested awards not yet recognized and the weighted-average period over which it is expected to be recognized.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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