Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.19.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

average

 

Intrinsic

 

 

 

 

average exercise

 

remaining

 

value

 

    

Shares

    

price

    

contractual life

    

(thousands)

Outstanding at December 31, 2018

 

2,001,008

 

$

3.29

 

 

 

 

 

Granted

 

68,000

 

 

2.99

 

  

 

 

  

Exercised

 

(30,000)

 

 

2.23

 

  

 

 

  

Cancelled, expired or forfeited

 

(193,500)

 

 

2.74

 

  

 

 

  

Outstanding at September 30, 2019

 

1,845,508

 

$

3.35

 

6.13 years

 

$

810

Exercisable at September 30, 2019

 

1,216,508

 

$

4.04

 

5.19 years

 

$

302

 

Schedule of fair value of options granted

 

 

 

 

Expected life, in years

 

8.5 years

 

Risk-free interest rate

 

2.62

%

Volatility

 

42.0

%

Dividend yield

 

 —

%

 

Schedule of non-vested stock options

 

 

 

 

 

 

 

 

 

 

Weighted average

 

    

Shares

    

grant date fair value

Non-vested stock options at December 31, 2018

 

926,500

 

$

0.91

Granted

 

68,000

 

 

2.99

Vested

 

(215,500)

 

 

1.29

Cancelled, expired or forfeited

 

(150,000)

 

 

0.95

Non-vested stock options at September 30, 2019

 

629,000

 

$

0.84

 

Schedule of restricted stock awards and changes

 

 

 

 

 

 

 

 

 

 

Weighted average

 

    

Shares

    

grant date fair value

Non-vested RSUs at December 31, 2018

 

764,201

 

$

2.54

Granted

 

466,905

 

 

3.05

Vested

 

(187,001)

 

 

2.54

Cancelled, expired or forfeited

 

(81,000)

 

 

2.48

Non-vested RSUs at September 30, 2019

 

963,105

 

$

2.63