Annual report pursuant to Section 13 and 15(d)

LONG-TERM INCENTIVE PLANS (Tables)

v2.4.1.9
LONG-TERM INCENTIVE PLANS (Tables)
12 Months Ended
Dec. 31, 2014
Text Block [Abstract]  
Summary of Stock Option Activity

A summary of the Company’s stock option activity as of December 31, 2014, 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 December 31, 2011

     91,800      $ 19.07         

Granted

     —             

Exercised

     (15,065     18.15         

Forfeited or expired

     (43,835     18.82         
  

 

 

         

Outstanding at December 31, 2012

     32,900      $ 19.83         1.5       $ 138   

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   

Granted

     —          —           —           —     

Exercised

     —          —           —           —     

Forfeited or expired

     (20,000   $ 21.85         
  

 

 

         

Outstanding at December 31, 2014

     —          —           —           —     
  

 

 

   

 

 

    

 

 

    

 

 

 
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 December 31, 2011

     203,730      $ 22.99   

Granted

     60,250        23.53   

Vested

     (61,152     21.29   

Forfeited

     (59,678     22.20   
  

 

 

   

 

 

 

Restricted shares at December 31, 2012

     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   

Granted

     6,000        23.19   

Vested

     (45,356     23.35   

Forfeited

     (31,754     23.85   
  

 

 

   

 

 

 

Restricted shares at December 31, 2014

     107,840      $ 24.27