Stock-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2015

The weighted average assumptions used in the Black-Scholes option-pricing model are as follows:

A summary of the activity related to the Company’s restricted stock for the years ended December 31, 2015, 2014 and 2013 is as follows:

	Year ended December 31,
	2015					2014					2013
				Weighted-Avg.					Weighted-Avg.					Weighted-Avg.
				Grant-Date					Grant-Date					Grant-Date
	Shares			Fair Value		Shares			Fair Value		Shares			Fair Value
Unvested shares, beginning of period		76		$	49		75		$	48		65		$	42
Granted (1)		77			60		63			48		75			50
Vested		(75	)		53		(62	)		47		(64	)		44
Forfeited		-			-		-			-		(1	)		50
Unvested shares, end of period		78			56		76			49		75			48

A summary of stock option activity under all plans in 2015, 2014 and 2013, is presented below:

	Year ended December 31,
	2015					2014					2013
				Exercise					Exercise					Exercise
	Shares			Price		Shares			Price		Shares			Price
Options outstanding, beginning of period		148		$	46		539		$	36		685		$	34
Granted		28			60		35			47		29			50
Exercised		(43	)		47		(426	)		33		(174	)		29
Forfeited		-			-		-			-		(1	)		50
Options outstanding, end of period (1)		133			49		148			46		539			36
Options exercisable, end of period (1)		72			46		86			46		486			35
Options vested and expected to vest, end of period (1)		130			49		145			46		536			36
Weighted average fair value of options granted during the period	$	19.49				$	15.21				$	17.26

At December 31, 2015, the Company segregated its outstanding options into two ranges, based on exercise prices, as follows: