Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation Plan (Tables)

v3.20.4
Stock-Based Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2020
Stock-Based Compensation Plan [Abstract]  
Schedule Of Valuation Assumptions Used In Computing Fair Value Of Stock-Based Awards

2020

2019

2018

Number of options

1,098

188

1,938

Option vesting period

1 - 5 Years

1 - 3 Years

1 - 5 Years

Grant price (per share)

$9.99 - $16.93

$13.21

$6.80 - $10.21

Dividend yield

0.59% - 1.00%

0.76%

0.00% - 1.09%

Expected volatility (a)

40.9% - 44.2%

41.0% - 41.2%

40.6% - 42.5%

Risk-free interest rate

0.41% - 0.65%

1.88% - 1.93%

2.65% - 3.09%

Expected life (years) (b)

5.31 - 6.50

5.31 - 6.00

5.00 - 6.50

Weighted average fair value (per share)

$3.72 - $6.89

$4.87 - $5.13

$2.77 - $4.08

(a)Expected volatility is based upon the Company’s historical volatility.

(b)Because the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term for these grants, the Company utilized the simplified method in developing an estimate of the expected term of these options.

Schedule Of Share Based Payment Award Restricted Stock Valuation Assumptions

August 27, 2020

January 7, 2019

Number issued

100

500

Vesting period

$15.00 stock price target

$15.00 stock price target

Grant price (per share)

$12.72

$10.21

Dividend yield

0.79%

0.0%

Expected volatility

41.1%

42.4%

Risk-free interest rate

0.19%

2.53%

Expected term (years)

0.52

4.28 - 5.28

Weighted average fair value (per share)

$9.91

$7.92

Schedule Of Total Non-Cash Stock Compensation Expense Related To Stock Options, Stock Awards, And Restricted Stock

Year Ended December 31,

2020

2019

2018

Restricted stock awards

$

1,488

$

1,058

$

1,158

Stock options

1,989

1,891

1,494

Stock awards

3,314

-

-

Total

$

6,791

$

2,949

$

2,652

Summary Of Changes In Outstanding Options

Options

Weighted Average Exercise Price

Aggregate Intrinsic Value

Restricted Stock Awards

Outstanding at December 31, 2019

3,911

$

7.72

$

22,840

600

Granted

1,098

13.89

100

Exercised or vested

(308)

7.00

-

Expired

(800)

8.75

(100)

Cancelled

-

-

-

Forfeited

-

-

-

Outstanding at December 31, 2020

3,901

$

9.30

$

23,802

600

Options exercisable at December 31, 2020

2,088

7.48

$

16,536

Schedule Of Shares Authorized Under Stock Option Plans, By Exercise Price Range

Remaining Life In Years

Weighted Average

Exercise Price Range

Outstanding

Exercisable

Outstanding

Exercisable

Exercise Price

$4.38 - $12.51

2,868

1,990

5.4

5.4

$

7.20

$12.51 - $16.93

1,033

98

9.0

7.4

$

13.23

3,901

2,088

6.0

5.5

$

7.48