Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation Plans (Tables)

v2.4.0.8
Stock-Based Compensation Plans (Tables)
3 Months Ended
Mar. 31, 2014
Components of Stock-Based Compensation Included in Consolidated Statements of Net and Comprehensive Income

The following table summarizes the components of stock-based compensation included in the condensed consolidated statements of net and comprehensive income (in thousands):

 

     Three Months Ended March 31,  
     2014      2013  

Restricted stock and SARs (prior to IPO)

   $ —         $ 436   

RSAs – non-employee directors

     30         —     

RSUs – employees

     200         —     

RSUs – independent contractors

     487         —     
  

 

 

    

 

 

 
   $ 717       $ 436   
  

 

 

    

 

 

Post IPO [Member]
 
Summary of Vested and Nonvested RSU and RSA Activity Under 2013 Plan

The following table summarizes the Company’s vested and nonvested RSU and RSA activity under the 2013 Plan for the three month period ended March 31, 2014 (dollars in thousands, except per share data):

 

     RSA Grants to
Non-employee
Directors
     RSU Grants to
Employee
    RSU Grants to
Independent
Contractors
    Total     Weighted-
Average Grant
Date Fair Value
Per Share
 

Nonvested shares at December 31, 2013

     30,000         313,155        570,760        913,915      $ 14.46   

Granted

     —           —          38,088        38,088        15.75   

Forfeited/canceled

     —           (5,501     (3,438     (8,939     14.54   
  

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Nonvested shares at March 31, 2014

     30,000         307,654        605,410        943,064      $ 14.51   
  

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Unrecognized stock-based compensation expense as of March 31, 2014

   $ 312       $ 3,888      $ 10,125      $ 14,325        —