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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summarized activity of equity compensation plans
Summarized activity of the equity compensation plans is presented below:
 
 
 
Weighted
 
Options/
 
Average
 
SOSARs
 
Exercise Price
Outstanding, December 31, 2015
232,000

 
$
6.97

Granted

 

Exercised

 

Expired or cancelled

 

Outstanding, March 31, 2016
232,000

 
$
6.97

 
 
 
 
Exercisable, March 31, 2016
222,000

 
$
6.83


Schedule of summarized activity of Restricted Share Units
Summarized activity of the Restricted Share Units for the Stock Purchase Plan is as follows:
 
 
 
Weighted
 
 
 
Average
 
Restricted
 
Grant Date
 
Share Units
 
Fair Value
Outstanding, December 31, 2015
62,000

 
$
9.58

Granted
17,000

 
8.87

Dividend Equivalents
1,000

 
8.50

Vested
(24,000
)
 
5.68

Cancelled

 

Outstanding, March 31, 2016
56,000

 
$
11.06

 
 
 
Weighted
 
 
 
Average
 
Restricted
 
Grant Date
 
Shares
 
Fair Value
Outstanding, December 31, 2015
141,000

 
$
9.07

Granted
83,000

 
8.87

Dividend Equivalents
1,000

 
8.50

Vested
(68,000
)
 
7.85

Cancelled
(4,000
)
 
9.66

Outstanding, March 31, 2016
153,000

 
$
9.48

Schedule of summarized information regarding stock options and SOSAR grants outstanding
The following table summarizes information regarding stock options and SOSAR grants outstanding as of March 31, 2016:
 
 
Weighted
 
 
 
 
 
 
 
 
 
 
Average
 
 
 
Intrinsic
 
 
 
Intrinsic
Range of
 
Exercise
 
Grants
 
Value-Grants
 
Grants
 
Value-Grants
Exercise Prices
 
Prices
 
Outstanding
 
Outstanding
 
Exercisable
 
Exercisable
$10.21 to $11.59
 
$
10.88

 
62,000

 
$

 
52,000

 
$

$2.37 to $6.21
 
$
5.54

 
170,000

 
$
444,000

 
170,000

 
$
444,000

 
 
 
 
232,000

 
 
 
222,000