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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2021
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 three months ended March 31, 2021 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, 2020

 

 

107,500

 

 

$

17.34

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Cancelled

 

 

 

 

 

 

 

 

 

 

 

 

Options outstanding at March 31, 2021

 

 

107,500

 

 

$

17.34

 

 

 

6.38

 

 

$

5,602

 

Options exercisable at March 31, 2021

 

 

87,500

 

 

$

14.53

 

 

 

5.73

 

 

$

4,806

 

Options vested or expected to vest at March 31, 2021

 

 

107,164

 

 

$

17.30

 

 

 

6.37

 

 

$

5,589

 

 

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 three months ended March 31, 2021 is presented below: 

Year-to-Date Activity

 

Shares

 

 

Weighted-

Average

Grant Date

Fair Value

Per Share

 

 

Aggregate

Intrinsic

Value

 

Nonvested outstanding at December 31, 2020

 

 

1,478,000

 

 

$

31.33

 

 

 

 

Granted

 

 

64,152

 

 

 

77.93

 

 

 

 

Vested

 

 

(25,677

)

 

 

73.22

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

Nonvested outstanding at March 31, 2021

 

 

1,516,475

 

 

$

32.61

 

 

$

105,319