Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Deferred Stock Units to be Settled in Shares

The following table summarizes information with respect to all deferred stock units during the year to date ended September 30, 2019 (units in thousands):

	Deferred Stock Units to be Settled in Shares			Weighted Average Grant-Date Fair Value Per Unit
Outstanding as of  December 31, 2018 (1)		76		$	4.44
Granted		-			-
Vested (2)		(3	)		5.56
Forfeited		-			-
Outstanding as of September 30, 2019 (1)		73		$	4.39

(1) Includes vested but unreleased awards. These awards are included in total outstanding awards until they are released under the terms of the agreement.

(2) Includes previously vested awards which were released during the current period.  

Schedule of Restricted Stock Units to be Settled in Cash

The following table summarizes information with respect to all cash-settled restricted stock units during the year to date ended September 30, 2019 (units in thousands):

	Restricted Stock Units to be Settled in Cash
Outstanding as of December 31, 2018		213
Granted		-
Vested		(125	)
Forfeited		(2	)
Outstanding as of  September 30, 2019		86

Summary of Total Stock Based Compensation Expense

Stock-Based Compensation Expense. Total stock-based compensation expense for the quarters and years to date ended September 30, 2019 and 2018 for all types of awards was as follows (dollars in thousands):

	For the Quarter Ended September 30,				For the Year to Date Ended September 30,
Award Type	2019		2018		2019		2018
Stock options	$	400	$	516	$	1,260	$	1,423
Restricted stock units settled in stock		1,113		924		2,651		2,707
Restricted stock units settled in cash		340		435		1,777		1,997
Total stock-based compensation expense	$	1,853	$	1,875	$	5,688	$	6,127

Restricted Stock Units [Member]

Schedule of Information with Respect to all Outstanding Restricted Stock

The following table summarizes information with respect to all outstanding restricted stock units to be settled in shares of stock under our plans during the year to date ended September 30, 2019 (units in thousands):

	Restricted Stock Units to be Settled in Shares of Stock
	Units			Weighted Average Grant-Date Fair Value Per Unit
Outstanding as of December 31, 2018 (1)		2,017		$	12.70
Granted		428			21.31
Vested		(493	)		6.11
Forfeited		(23	)		11.42
Outstanding as of  September 30, 2019		1,929		$	16.31

__________________

(1) The weighted average grant-date fair value per unit as of December 31, 2018 reflects an adjusted fair value per unit from $10.59 to $12.70 due to the modification of grants approved by the Board of Directors during the current quarter for our performance-based grants granted on December 14, 2018.

Employee Stock Option [Member]

Summary of Stock Option Activity

Stock option activity during the year to date ended September 30, 2019 under all of our plans was as follows (options in thousands):

	Options			Weighted Average Exercise Price
Outstanding as of December 31, 2018		2,818		$	9.59
Granted		42			21.29
Exercised		(194	)		5.73
Cancelled		(164	)		22.62
Outstanding as of September 30, 2019		2,502		$	9.23
Exercisable as of September 30, 2019		1,947		$	9.01