8. Non-Cash Share-Based Employee Compensation (Tables)

3 Months Ended

Mar. 31, 2015

Non-cash Share-based Employee Compensation Tables

A summary of stock option activity

As of January 1, 2015	Stock Options		Wgt. Avg. Exercise Price ($) Per Share		Wgt. Avg. Remaining Contractual Life (Years)		Wgt. Avg. Grant Date Fair Value($) Per Share		Aggregate Intrinsic Value ($)
Outstanding		414,778		3.79		-		2.29		-
Vested		361,443		3.91		-		2.55		-
Nonvested		53,335		3.00		-		0.54		-
Period activity
Issued		-		-		-		-		-
Exercised		35,000		2.73		-		1.06		-
Forfeited		-		-		-		-		-
Expired		-		-		-		-		-
As of March 31, 2015
Outstanding		379,778		3.89		3.60		2.40		1,012,895
Vested		349,778		3.93		3.55		2.60		933,095
Nonvested		30,000		3.44		4.14		0.08		79,800