Share-Based Payment Arrangements (Tables)

6 Months Ended

Jun. 30, 2016

Share-Based Payment Arrangements [Abstract]

Summary of the Status of Stock Options

A summary of the status of our stock options as of June 30, 2016 and changes during the six months then ended is presented below:

				Average
		Weighted		Remaining	Aggregate
		Average		Contractual	Intrinsic
	Number of	Exercise		Term	Value
	Shares	Price		(Years)	($000)
Outstanding at January 1, 2016	869,113	$	9.51
Granted	-
Exercised	-
Forfeited or expired	(62,382)	$	11.58
Outstanding at June 30, 2016	806,731	$	9.35	2.1	$	2,046
Exercisable at June 30, 2016	806,731	$	9.35	2.1	$	2,046

Schedule of Options, Grants in Period and Grant Date Intrinsic Value

The following table details the intrinsic value of options exercised, total cost of share-based payments charged against income before income tax benefit and the amount of related income tax benefit recognized in income for the periods indicated (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2016		2015		2016		2015
Intrinsic value of options exercised	$	-	$	268	$	-	$	382
Cost of share-based payments (non-cash)	$	-	$	41	$	38	$	80
Income tax benefit of share-based payments recognized in income	$	-	$	7	$	8	$	15

Summary of the Status of Restricted Stock Units

A summary of the status of our restricted stock units as of June 30, 2016 and changes during the six months then ended is presented below:

	Number of
	Restricted
	Stock Units
Non-vested at January 1, 2016	296,571
Granted	-
Vested	(7,144)
Forfeited	(71,460)
Non-vested at June 30, 2016	217,967