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Stock-Based Compensation and Stock Repurchases (Tables)
6 Months Ended
Jun. 30, 2017
Stock-Based Compensation and Stock Repurchases [Abstract]  
Schedule Of Fair Value Of Options, Weighted Average Assumptions



 

 

 



Six Months Ended June 30



2017

 

2016

Stock option exercise price

$

15.97  11.87 

Risk-free interest rate

 

1.68%  1.20% 

Expected dividend yield

 

--

--

Expected option life in years

 

3.75  3.75 

Expected volatility

 

24.92%  25.01% 

Weighted average fair value

$

3.46  2.49 



Schedule Of Stock Options Outstanding And Exercisable



 

 

 

 

 

 

 

 

 



 

Outstanding Stock Options



 

Number of Options

 

Weighted Average Exercise Price

 

Weighted Average Remaining Years of Contractual Life

Aggregate Intrinsic Value



 

Class A

 

Class A

 

Class A

Class A

Balance - December 31, 2015

 

486,565 

 

$

8.68 

 

2.89 

$

2,188,011 

Granted

 

169,327 

 

 

11.87 

 

 

 

 

Exercised

 

(46,815)

 

 

9.50 

 

 

$

220,002 

Forfeited

 

(74,000)

 

 

7.02 

 

 

 

 

Balance - December 31, 2016

 

535,077 

 

$

9.84 

 

2.61 

$

3,615,191 

Granted

 

149,841 

 

 

15.97 

 

 

 

 

Exercised

 

(103,750)

 

 

9.04 

 

 

$

686,893 

Forfeited

 

(2,500)

 

 

6.23 

 

 

 

 

Balance - June 30, 2017

 

578,668 

 

$

11.59 

 

1.97 

$

3,338,646 



 

 

 

 

 

 

 

 

 



Summary Of Restricted Stock Units Granted



 

 

 

 

 

 

 

 

 

 

 



 

 

Outstanding Restricted Stock Units



 

 

RSU Grants (in units)

 

Total

 

Vested,

 

Unvested,

Grant Date

 

 

Directors

 

Management

 

Grants

 

June 30, 2017

 

June 30, 2017

March 10, 2016

 

 

35,147 

 

27,381 

 

62,528 

 

41,992 

 

20,536 

April 11, 2016

 

 

--

 

5,625 

 

5,625 

 

1,406 

 

4,219 

March 23, 2017

 

 

30,681 

 

32,463 

 

63,144 

 

--

 

63,144 

Total

 

 

65,828 

 

65,469 

 

131,297 

 

43,398 

 

87,899