10. Share-Based Employee Compensation (Tables)

12 Months Ended

Dec. 31, 2017

Share-based Employee Compensation Tables

Schedule of risk free interest rates

	FY 2017			FY 2016
Expected Volatility		53.6	%		60.7	%
Expected Dividends		5.0	%		2.0	%
Expected Term (in years)		3.0-6.5			3.0-6.5
Risk-Free Rate		2.10	%		1.35	%
Estimated Forfeitures		0.0	%		0.0	%

Schedule of stock option activity

As of January 1, 2017	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		311,000		3.48		—		1.96		—
Vested		231,000		3.30		—		1.97		—
Nonvested		80,000		4.01		—		1.93		—
Period activity
Issued		248,500		4.84		—		1.54		—
Exercised		125,000		2.88		—		1.62		—
Forfeited		80,000		4.31		—		1.95		—
Expired		—		—		—		—		—
As of December 31, 2017
Outstanding		354,500		4.46		7.35		1.79		34,660
Vested		113,000		3.75		3.15		2.23		34,660
Nonvested		241,500		4.80		9.31		1.58		—

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)
	1.89	3.83		36,000		2.67		5.91
	4.07	5.10		318,500		4.67		7.51
				354,500		4.46		7.35

Schedule of exercisable options by exercise price range

Exercisable:
Range of Exercise Prices ($) Per Share			Stock Options Exercisable		Wgt. Avg. Exercise Price ($)
	1.89	3.83		28,000		2.33
	4.07	5.10		85,000		4.21
				113,000		3.75