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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 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 and nine month periods ended September 30, 2016 and 2015 were as follows:
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
 
2016
2015
 
2016
2015
Stock options and restricted stock units
 
$
479

$
487

 
$
1,520

$
1,320

Tax benefit of stock-based compensation expense
 

(188
)
 

(508
)
After-tax effect of stock-based compensation
 
$
479

$
299

 
$
1,520

$
812

Schedule of Share-based Compensation, Stock Options, Activity
Stock option activity for Fuel Tech’s Incentive Plans for the nine months ended September 30, 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
 
81,000

 
1.58

 
 
 
 
Exercised
 

 

 
 
 
 
Expired or forfeited
 
(200,375
)
 
16.39

 
 
 
 
Outstanding on September 30, 2016
 
1,071,750

 
$
8.70

 
4.69
 
$

Exercisable on September 30, 2016
 
1,071,750

 
$
8.70

 
4.69
 
$

Schedule of Nonvested Restricted Stock Units Activity
A summary of restricted stock unit activity for the nine months ended September 30, 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

 
1.88

Forfeited
 
(172,949
)
 
4.58

Vested
 
(381,916
)
 
4.36

Unvested restricted stock units at September 30, 2016
 
1,495,880

 
$
2.81