11. Share-Based Employee Compensation (Tables)

12 Months Ended

Dec. 31, 2016

Share-based Employee Compensation Tables

Schedule of risk free interest rates

	FY 2016			FY 2015
Expected Volatility		60.7	%		52.7	%
Expected Dividends		2.0	%		0.0	%
Expected Term (in years)		3.0-6.5			3.0
Risk-Free Rate		1.35	%		0.98	%
Estimated forfeitures		0.0	%		0.0	%

Schedule of stock option activity

As of January 1, 2016	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		291,936		4.07		—		2.68		—
Vested		276,936		4.00		—		2.72		—
Nonvested		15,000		5.35		—		1.93		—
Period activity
Issued		80,000		4.01		—		1.93		—
Exercised		28,000		1.81		—		0.99		—
Forfeited		—		—		—		—		—
Expired		32,936		11.40		—		9.16		—

As of December 31, 2016
Outstanding	311,000	3.48	4.20	1.96	403,610
Vested	231,000	3.30	2.89	1.97	344,410
Nonvested	80,000	4.01	7.96	1.93	59,200

Schedule of outstanding options by exercise price range

Outstanding:
	Range of Exercise Prices ($) Per Share			Stock Options Outstanding		Wgt. Avg.Exercise Price ($) Per Share		Wgt. Avg. Remaining Contractual Life (Years)
		1.75	2.23		86,000		1.92		2.68
		3.44	5.70		225,000		4.08		4.78
					311,000		3.48		4.20

Schedule of exercisable options by exercise price range

Exercisable:
	Range of Exercise Prices ($) Per Share			Stock Options Exercisable		Wgt. Avg.Exercise Price ($)
		1.75	2.23		86,000		1.92
		3.44	5.70		145,000		4.12
					231,000		3.30