Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2016

Stock Based Compensation [Abstract]

Information with respect to stock options

Information with respect to stock options included within this plan is as follows:

	No. of Shares  (in thousands)			Weighted Average Exercise Price		Aggregate  Intrinsic Value (in thousands)
Outstanding at December 31, 2015		933		$	5.14	$	1,579
Options granted		133			5.48
Options exercised		(5	)		5.32
Forfeited and cancelled		(82	)		4.85
Expired		(30	)		4.63
Outstanding at December 31, 2016		949		$	5.22	$	264
Vested and expected to vest at December 31, 2016		1,062		$	5.26	$	260
Total shares exercisable as of December 31, 2016		397		$	5.22	$	111
Shares remaining available for grant		701

Assumptions for fair value of options at the date of the grant

The fair value of options at the date of the grant was estimated using the Black-Scholes model with the following assumptions for the respective period ending December 31:

	2016			2015
Expected option life	5.7 years			5.1 years
Weighted average risk-free interest rate		1.3	%		1.6	%
Weighted average expected volatility		33	%		30	%
Expected dividend yield		0	%		0	%

Share-based compensation by exercise price range

Stock options outstanding at December 31, 2016 are summarized as follows:

Range of  Exercise Prices		Number Outstanding (in thousands)		Weighted Average  Remaining Life	Weighted Average Exercise Price
$	4.72 - $7.08		1,082	7.52 years	$	5.26

Activity with respect to non-vested stock options

Current year activity with respect to the Company’s non-vested restricted stock awards is as follows:

Non-vested restricted stock awards (in thousands)	Shares			Weighted Average grant- date fair value
Balance at January 1, 2016		85		$	5.13
Granted		168			5.23
Vested		(44	)		4.94
Forfeited and cancelled		(46	)		5.31
Balance at December 31, 2016		163		$	5.22