Annual report pursuant to Section 13 and 15(d)

STOCK BASED COMPENSATION. (Tables)

v3.19.1
STOCK BASED COMPENSATION. (Tables)
12 Months Ended
Dec. 31, 2018
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, 2018 and 2017 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,  
    2018     2017  
    Number
of Shares
    Weighted Average Exercise Price     Number
of Shares
    Weighted Average  
Exercise Price
 
Outstanding at beginning of year     230     $ 4.18       240     $ 4.18  
Exercised/cancelled     (1 )     12.90       (10 )     3.74  
Outstanding at end of year     229     $ 4.15       230     $ 4.18  
Options exercisable at end of year     229     $ 4.15       230     $ 4.18  
Schedule of stock options by exercise price range

Stock options outstanding as of December 31, 2018 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       4.47     $ 3.74     219     $ 3.74  
$ 12.90       10       2.59     $ 12.90     10     $ 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, 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  
Issued       1,175     $ 3.07  
Vested       (540 )   $ 7.69  
Canceled       (77 )   $ 7.14  
Unvested at December 31, 2018       1,635     $ 3.49  

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,  
    2018     2017     2016  
Employees   $ 2,905     $ 3,303     $ 2,173  
Non-employees     533       525       443  
Total stock-based compensation expense   $ 3,438     $ 3,828     $ 2,616