Annual report pursuant to Section 13 and 15(d)

LONG-TERM INCENTIVE PLANS (Tables)

v2.4.0.8
LONG-TERM INCENTIVE PLANS (Tables)
12 Months Ended
Dec. 31, 2013
Text Block [Abstract]  
Summary of Stock Option Activity

A summary of the Company’s stock option activity as of December 31, 2013, and changes during the year then ended is presented below:

 

     Options     Weighted-
Average
Exercise
Price
     Weighted-
Average
Remaining
Contractual
Term
     Aggregate
Intrinsic
Value
($000)
 

Outstanding at January 1, 2013

     32,900      $ 19.83         

Granted

     —          —           

Exercised

     (2,900     16.69         

Forfeited or expired

     (10,000     16.69         
  

 

 

   

 

 

       

Outstanding at December 31, 2013

     20,000      $ 21.85         0.9       $ 27   
  

 

 

   

 

 

    

 

 

    

 

 

 

Vested at December 31, 2013

     20,000      $ 21.85         0.9       $ 27   
  

 

 

   

 

 

    

 

 

    

 

 

 

Exercisable at December 31, 2013

     20,000      $ 21.85         0.9       $ 27   
  

 

 

   

 

 

    

 

 

    

 

 

 
Summary of Status of Restricted Stock Awards

A summary of the status of our restricted stock awards is presented in the table below.

 

     Number of
Shares
    Weighted-
Average
Grant-Date
Fair Value
Per Share
 

Restricted shares at January 1, 2013

     143,150      $ 24.28   

Granted

     100,150        23.22   

Vested

     (38,188     23.14   

Forfeited

     (26,162     23.82   
  

 

 

   

 

 

 

Restricted shares at December 31, 2013

     178,950      $ 24.00