XML 37 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2017
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 months ended September 30, 2017 and 2016 were as follows:
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2017
 
2016
 
2017
 
2016
Stock options and restricted stock units, net of forfeited
$
51

 
$
479

 
$
1,207

 
$
1,520

Tax benefit of stock-based compensation expense

 

 

 

After-tax effect of stock-based compensation (1)
$
51

 
$
479

 
$
1,207

 
$
1,520



(1) The decrease in stock-based compensation expense is due to the accelerated vesting of outstanding remaining restricted stock units approved by the Company's Board of Directors on June 28, 2017 and no stock-based compensation grants awarded during 2017.
Schedule of Stock Option Activity
Stock option activity for Fuel Tech’s Incentive Plans for the nine months ended September 30, 2017 was as follows:
 
 
Number
of
Options
 
Weighted-
Average
Exercise Price
 
Weighted-
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
Outstanding on January 1, 2017
 
1,039,750

 
$
8.39

 
 
 
 
Granted
 

 

 
 
 
 
Exercised
 

 

 
 
 
 
Expired or forfeited
 
(90,000
)
 
19.03

 
 
 
 
Outstanding on September 30, 2017
 
949,750

 
$
7.38

 
4.11
 
$

Exercisable on September 30, 2017
 
949,750

 
$
7.38

 
4.11
 
$

Schedule of Nonvested Restricted Stock Units Activity
A summary of restricted stock unit activity for the nine months ended September 30, 2017 is as follows:
 
 
Shares
 
Weighted Average
Grant Date
Fair Value
Unvested restricted stock units at January 1, 2017
 
1,463,796

 
$
2.82

Granted
 

 

Forfeited
 
(213,001
)
 
2.99

Vested
 
(981,633
)
 
2.85

Unvested restricted stock units at September 30, 2017
 
269,162

 
$
2.57