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Share-based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Valuation Assumptions
The following table includes the weighted- average assumptions used in estimating the fair values and the resulting weighted-average fair value of stock options granted in the periods presented:
 
Year Ended December 31, 2016
 
Year Ended December 31, 2015
 
Year Ended December 31, 2014
Weighted average fair values of stock options granted
$
19.50

 
$
7.90

 
$

Expected volatility
55.5
%
 
55.4
%
 
%
Expected dividends
.61
%
 
1.42
%
 
%
Weighted average risk-free interest rate
1.40
%
 
1.03
%
 
%
Expected life of stock options (in years)
3.5

 
3.5

 
0.0

Schedule of Stock Options Activity
A summary of stock option activity for the years ended December 31, 2016, 2015 and 2014 is as follows:
 
Shares
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual
Term (Years)
 
Aggregate Intrinsic
Value
 
 
 
 
 
 
 
(in thousands)
Outstanding at January 1, 2014
792,000

 
$
8.28

 
1.00
 
$
5,093

Granted

 
$

 
 
 
 
Exercised
(450,000
)
 
$
1.75

 
 
 
 
Canceled
(135,000
)
 
$
17.58

 
 
 
 
Outstanding at December 31, 2014
207,000

 
$
16.41

 
1.88
 
$
121

Granted
42,000

 
$
22.25

 
 
 
 
Exercised
(109,122
)
 
$
20.25

 
 
 
 
Canceled

 


 
 
 
 
Outstanding at December 31, 2015
139,878

 
$
15.17

 
2.32
 
$
2,465

Granted
42,000

 
$
49.22

 
 
 
 
Exercised
(72,379
)
 
$
11.38

 
 
 
 
Canceled

 


 
 
 
 
Outstanding at December 31, 2016
109,499

 
$
30.73

 
3.28
 
$
2,882

Exercisable at December 31, 2016
34,874

 
$
18.70

 
2.55
 
$
1,337

Schedule of Nonvested Share Activity
A summary of non-vested options and changes for the years ended December 31, 2016, 2015 and 2014 is as follows:

 
Non-Vested Number of Shares
 
Weighted
Average
Exercise Price
 
 
 
 
Non-vested balance at January 1, 2014
112,500

 
$
17.32

Granted

 
$

Vested
(45,000
)
 
$
18.53

Canceled

 
$

Non-vested balance at December 31, 2014
67,500

 
$
16.52

Granted
42,000

 
$
22.25

Vested
(33,750
)
 
$
17.47

Canceled

 
$

Non-vested balance at December 31, 2015
75,750

 
$
19.27

Granted
42,000

 
$
49.22

Vested
(43,125
)
 
$
18.89

Canceled

 
$

Non-vested balance at December 31, 2016
74,625

 
$
36.35

Schedule of Shares Authorized under Stock Option Plans, by Exercise Price Range
The following table summarizes information about stock options outstanding by price range as of December 31, 2016:
 
 
Options Outstanding
 
Options Exercisable
Exercise Prices
 
Number Outstanding
 
Weighted-Average Remaining Contractual Life (Years)
 
Weighted-Average Exercise Price
 
Number of Shares
 
Weighted-Average Exercise Price
$14.89
 
28,124

 
0.51
 
$
3.82

 
16,874

 
$
7.20

$21.19
 
33,375

 
0.92
 
$
6.46

 
15,375

 
$
9.34

$28.59
 
6,000

 
0.18
 
$
1.57

 
2,625

 
$
2.16

$49.22
 
42,000

 
1.66
 
$
18.88

 

 
$

 
 
109,499

 
3.28
 
$
30.73

 
34,874

 
$
18.70

Schedule of Nonvested Restricted Stock Activity
A summary of the status of the Company’s non-vested restricted stock grant shares is presented in the following table:

 
Shares
 
Weighted-Average Grant Date
Fair Value
Non vested at January 1, 2014
75,265

 
$
19.92

Granted
171,781

 
$
16.96

Vested
(52,388
)
 
$
20.35

Forfeited
(6,136
)
 
$
18.91

Non vested at December 31, 2014
188,522

 
$
17.13

Granted
132,069

 
$
30.29

Vested
(108,798
)
 
$
17.35

Forfeited
(8,479
)
 
$
17.20

Non vested at December 31, 2015
203,314

 
$
25.56

Granted
26,119

 
$
44.79

Vested
(101,441
)
 
$
23.25

Forfeited
(4,338
)
 
$
35.54

Non vested at December 31, 2016
123,654

 
$
31.17