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Share-Based Payments (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation - Black-Scholes Assumptions

In applying the Black-Scholes methodology to the options granted, the Company used the following assumptions:

 

    Year ended December 31,  
    2016     2015     2014  
Risk-free interest rate, average     1.52 %     2.00 %     2.20 %
Expected option life, average     6.1 years       6.1 years       8.2 years  
Expected price volatility, average     43.75 %     44.30 %     47.60 %
Expected dividend yield     1.71 %     1.10 %     -%  

Schedule of Stock Option Activity

The following table shows the stock option activity:

 

    Number of Shares     Weighted Average Exercise Price     Weighted Average Remaining Contractual Term (Years)     Aggregate Intrinsic Value  
As of December 31, 2013     1,111,274     $ 5.15                  
Granted     193,500       8.83                  
Expired and canceled     (29,532 )     6.87                  
Forfeited prior to vesting     (729 )     8.88                  
Exercised     (234,432 )     5.72                  
As of December 31, 2014     1,040,081     $ 5.65       5.60     $ 4,286  
Granted     56,666       13.03                  
Reinstated     4,583       4.47                  
Expired and canceled     (1,000 )     3.42                  
Forfeited prior to vesting     (15,252 )     7.85                  
Exercised     (56,143 )     5.51                  
As of December 31, 2015     1,028,935     $ 6.03       4.73     $ 7,104  
Granted     217,700       11.73                  
Expired and canceled     (4,186 )     12.03                  
Forfeited prior to vesting     (17,360 )     10.67                  
Exercised     (374,857 )     4.46                  
As of December 31, 2016     850,232     $ 8.06       5.78     $ 3,001  
Vested and Expected to Vest at December 31, 2014     1,040,081     $ 5.65       5.60     $ 4,286  
Vested at December 31, 2014     730,016     $ 4.67       4.15     $ 3,271  
Vested and Expected to Vest at December 31, 2015     1,028,935     $ 6.03       4.73     $ 7,104  
Vested at December 31, 2015     820,022     $ 5.10       3.74     $ 6,419  
Vested and Expected to Vest at December 31, 2016     850,232     $ 8.06       5.78     $ 3,001  
Vested at December 31, 2016     552,097     $ 6.33       4.09     $ 2,843  

Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity

Shares purchased and compensation expense associated Employee Stock Purchase Plans were as follows:

 

    2016     2015     2014  
Shares purchased under ESPP plans     9,140       14,982       82  
Plan compensation expense   $ 18     $ 31     $ -  

Schedule of Current Stock Repurchase Program

During the twelve months ended December 31, 2016, we acquired the following shares of common stock under the current stock repurchase program:

 

 $ in thousands except per share price   

Total Number of Shares Purchased

(a)

   

Average Price Paid per Share

(b)

   

Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs

(c)

   

Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs

($ thousands)

(d)

 
                         
March 9 to March 31     33,600     $ 12.02       33,600     $ 9,596  
April 1 to June 30     330,515       11.25       330,515       5,885  
July 1 to September 30     91,965       11.16       91,965       4,861  
October 1 to December 31     86,179       11.00       86,179       3,914  
Total     542,259     $ 11.25       542,259