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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Activity Under Company's Plans

A summary of the stock option activity under the Company’s plans for the six months ended June 30, 2020 is presented below:

 

Year-to-Date Activity

 

Options

Outstanding

 

 

Weighted-

Average

Exercise Price

Per Share

 

 

Weighted-

Average

Remaining

Contractual

Term in

Years

 

 

Aggregate

Intrinsic

Value

 

Options outstanding at December 31, 2019

 

 

140,000

 

 

$

13.14

 

 

 

 

 

 

 

 

 

Granted

 

 

25,000

 

 

$

29.64

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cancelled

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options outstanding at June 30, 2020

 

 

165,000

 

 

$

15.64

 

 

 

6.11

 

 

$

2,375

 

Options exercisable at June 30, 2020

 

 

137,500

 

 

$

12.96

 

 

 

5.36

 

 

$

2,347

 

Options vested or expected to vest at June 30, 2020

 

 

162,880

 

 

$

15.46

 

 

 

6.06

 

 

$

2,374

 

 

Summary of Restricted Stock Unit Activity Under Company's Plans

Restricted stock units are valued at the market price of a share of the Company’s common stock on the date of the grant. A summary of the restricted stock unit activity under the Company’s plans for the six months ended June 30, 2020 is presented below:

 

Year-to-Date Activity

 

Shares

 

 

Weighted-

Average

Grant Date

Fair Value

Per Share

 

 

Aggregate

Intrinsic

Value

 

Nonvested outstanding at December 31, 2019

 

 

1,301,130

 

 

$

21.82

 

 

 

 

 

Granted

 

 

95,688

 

 

$

21.10

 

 

 

 

 

Vested

 

 

(103,688

)

 

$

21.12

 

 

 

 

 

Forfeited

 

 

(12,000

)

 

$

25.21

 

 

 

 

 

Nonvested outstanding at June 30, 2020

 

 

1,281,130

 

 

$

21.79

 

 

$

38,472