Annual report pursuant to Section 13 and 15(d)

STOCK BASED COMPENSATION. (Tables)

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STOCK BASED COMPENSATION. (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of option activity

Summaries of the status of Company’s stock option plans as of December 31, 2017 and 2016 and of changes in options outstanding under the Company’s plans during those years are as follows (number of shares in thousands):

 

    Years Ended December 31,  
    2017     2016  
    Number
of Shares
    Weighted Average Exercise Price     Number
of Shares
    Weighted Average
Exercise Price
 
Outstanding at beginning of year     240     $ 4.18       240     $ 4.18  
Exercised     (10 )     3.74              
Outstanding at end of year     230     $ 4.18       240     $ 4.18  
Options exercisable at end of year     230     $ 4.18       240     $ 4.18  
Schedule of stock options by exercise price range

Stock options outstanding as of December 31, 2017 were as follows (number of shares in thousands): 

 

          Options Outstanding       Options Exercisable  
  Range of
Exercise Prices
     

Number 

Outstanding

      Weighted Average Remaining Contractual Life (yrs.)      

Weighted Average

 Exercise

 Price 

      Number Exercisable      

Weighted

 Average 

 Exercise 

Price 

 
                                             
$ 3.74       219       5.47     $ 3.74       219     $ 3.74  
$ 12.90       11       3.59     $ 12.90       11     $ 12.90  
Schedule of unvested restricted stock activity

The Company granted to certain employees and directors shares of restricted stock under its 2006 and 2016 Stock Incentive Plans. A summary of unvested restricted stock activity is as follows (shares in thousands):

 

    Number of
Shares
    Weighted
Average
Grant Date
 Fair Value
Per Share
 
Unvested at December 31, 2014     390     $ 8.71  
Issued     307     $ 10.16  
Vested     (220 )   $ 7.94  
Canceled     (14 )   $ 10.08  
Unvested at December 31, 2015     463     $ 10.00  
Issued     742     $ 5.24  
Vested     (250 )   $ 9.01  
Canceled     (25 )   $ 6.24  
Unvested at December 31, 2016     930     $ 6.57  
Issued     664     $ 6.65  
Vested     (480 )   $ 7.30  
Canceled     (37 )   $ 6.08  
Unvested at December 31, 2017     1,077     $ 6.31  
Schedule of stock-based compensation expense

Stock-based compensation expense related to employee and non-employee restricted stock and option grants recognized in selling, general and administrative expenses, were as follows (in thousands):\

 

    Years Ended December 31,  
    2017     2016     2015  
Employees   $ 3,303     $ 2,173     $ 1,694  
Non-employees     525       443       325  
Total stock-based compensation expense   $ 3,828     $ 2,616     $ 2,019