Stock Plans and Other Incentives (Tables)

9 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Option Activity and Other Plan Data

The following table presents option activity and other plan data for the nine months ended September 30, 2014 and 2013:

	For the Nine Months Ended September 30,
	2014				2013
	Options		Weighted- Average Exercise Price		Options		Weighted- Average Exercise Price
Outstanding at beginning of period		627,724	$	9.05		645,448	$	8.94
Granted		20,000	$	18.52		—	$	—
Exercised		(35,000)	$	(9.57)		—	$	—
Cancelled through cash settlement		(8,862)	$	(4.09)		—	$	—
Forfeited/cancelled/expired		—	$	—		—	$	—
Outstanding at end of period		603,862	$	9.40		645,448	$	8.94
Options exercisable at end of period		583,862	$	9.09		645,448	$	8.94
Options exercisable which can be settled in cash		8,862	$	4.09		35,448	$	4.67

Changes in RSUs

The following table presents the changes in RSUs outstanding for the nine months ended September 30, 2014 and 2013:

	For the Nine Months Ended September 30,
	2014		2013
Outstanding at beginning of period		365,686		469,848
Granted		96,771		100,328
Common stock delivered (A)		(185,224)		(205,075)
Forfeited		(7,345)		(2,263)
Outstanding at end of period		269,888		362,838
Intrinsic value (B)	$	6,367,000	$	5,860,000
(A)   In the 2014 period, all of the vested RSUs were issued as shares. The 2013 period includes 80,139 shares which were used to settle minimum employee withholding tax obligations for 16 employees of approximately $1,280,000 in the nine months ended September 30, 2013. A net of 124,936 shares of common stock were delivered in the nine months ended September 30, 2013.
(B)   For purposes of this calculation, the Company’s closing stock prices were $23.59 and $16.15 per share on September 30, 2014 and 2013, respectively.