Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation Plan (Tables)

Stock-Based Compensation Plan (Tables)
3 Months Ended
Mar. 31, 2018
Stock-Based Compensation Plan [Abstract]  
Schedule Of Valuation Assumptions Used In Computing Fair Value Of Stock-Based Awards



Options Granted During the Three Months Ended March 31, 2018



Number of options



Option vesting period


5 Years

Grant price



Dividend yield



Expected volatility (a)


41.2% - 42.5%

Risk-free interest rate


2.65% - 2.78%

Expected life (years) (b)


5.00 - 6.50

Weighted average fair value


$2.77 - $3.09




Expected volatility is based upon the Company’s historical volatility.


The expected term was determined based upon the underlying terms of the awards and the category and employment history of employee award recipient.