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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The components of stock-based compensation for the three month periods ended March 31, 2016 and 2015 were as follows:
 
 
Three Months Ended 
 March 31,
 
 
2016
2015
Stock options and restricted stock units
 
$
461

$
272

Tax benefit of stock-based compensation expense
 

(103
)
After-tax effect of stock-based compensation
 
$
461

$
169

Schedule of Share-based Compensation, Stock Options, Activity
Stock option activity for Fuel Tech’s Incentive Plans for the three months ended March 31, 2016 was as follows:
 
 
Number
of
Options
 
Weighted-
Average
Exercise Price
 
Weighted-
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
Outstanding on January 1, 2016
 
1,191,125

 
$
10.48

 
 
 
 
Granted
 

 

 
 
 
 
Exercised
 

 

 
 
 
 
Expired or forfeited
 
(26,000
)
 
10.75

 
 
 
 
Outstanding on March 31, 2016
 
1,165,125

 
$
10.47

 
4.11
 
$

Exercisable on March 31, 2016
 
1,165,125

 
$
10.47

 
4.11
 
$

Schedule of Nonvested Restricted Stock Units Activity
A summary of restricted stock unit activity for the three months ended March 31, 2016 is as follows:
 
 
Shares
 
Weighted Average
Grant Date
Fair Value
Unvested restricted stock units at January 1, 2016
 
1,204,883

 
$
4.21

Granted
 
845,862

 
1.84

Forfeited
 
(132,499
)
 
5.11

Vested
 
(120,334
)
 
4.67

Unvested restricted stock units at March 31, 2016
 
1,797,912

 
$
3.00