| Outstanding Awards Under 2013 Omnibus Equity Incentive Plan |
The following table summarizes the Company’s activity under
the 2013 Plan for the six months ended June 30, 2015 (dollars
in thousands, except per share data):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
RSA Grants to
Non-employee
Directors |
|
|
RSU Grants to
Employees |
|
|
RSU Grants to
Independent
Contractors |
|
|
Total |
|
|
Weighted-
Average Grant
Date Fair Value
Per Share |
|
|
Nonvested shares at December 31, 2014
|
|
|
42,882 |
|
|
|
516,437 |
|
|
|
647,690 |
|
|
|
1,207,009 |
|
|
$ |
18.23 |
|
|
Granted
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
February 2015
|
|
|
—
|
|
|
|
15,847 |
|
|
|
9,720 |
|
|
|
25,567 |
|
|
|
|
|
|
May 2015
|
|
|
10,110 |
|
|
|
8,142 |
|
|
|
4,212 |
|
|
|
22,464 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Granted
|
|
|
10,110 |
|
|
|
23,989 |
|
|
|
13,932 |
|
|
|
48,031 |
|
|
|
37.18 |
|
|
Vested
|
|
|
(7,626 |
) |
|
|
(55,450 |
) |
|
|
(134,383 |
) |
|
|
(197,459 |
) |
|
|
14.68 |
|
|
Transferred
|
|
|
— |
|
|
|
(6,877 |
) |
|
|
6,877 |
|
|
|
— |
|
|
|
14.54 |
|
|
Forfeited/canceled
|
|
|
— |
|
|
|
(6,997 |
) |
|
|
(9,340 |
) |
|
|
(16,337 |
) |
|
|
20.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nonvested shares at June 30, 2015 (1)
|
|
|
45,366 |
|
|
|
471,102 |
|
|
|
524,776 |
|
|
|
1,041,244 |
|
|
$ |
19.41 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrecognized stock-based compensation expense as of June 30,
2015 (2)
|
|
$ |
725 |
|
|
$ |
9,649 |
|
|
$ |
20,329 |
|
|
$ |
30,703 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average remaining vesting period (years) as of
June 30, 2015
|
|
|
1.85 |
|
|
|
4.06 |
|
|
|
3.58 |
|
|
|
3.72 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) |
Nonvested RSU’s will be settled
through the issuance of new shares of common stock. |
|
(2) |
The total unrecognized compensation
expense is expected to be recognized over a weighted-average period
of approximately 3.72 years. |
|
| Components of Stock-Based Compensation Included in Selling, General and Administrative Expense in Condensed Consolidated Statements of Net and Comprehensive Income |
The following table summarizes the components of stock-based
compensation included in selling, general and administrative
expense in the condensed consolidated statements of net and
comprehensive income (in thousands, except common stock price):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three Months
Ended June 30,
|
|
|
Six Months
Ended June 30,
|
|
| |
|
2015 |
|
|
2014 |
|
|
2015 |
|
|
2014 |
|
|
Employee stock purchase plan
|
|
$ |
66 |
|
|
$ |
23 |
|
|
$ |
128 |
|
|
$ |
23 |
|
|
RSAs – non-employee directors
|
|
|
78 |
|
|
|
46 |
|
|
|
137 |
|
|
|
76 |
|
|
RSUs – employees
|
|
|
552 |
|
|
|
146 |
|
|
|
1,079 |
|
|
|
346 |
|
|
RSUs – independent contractors
|
|
|
1,979 |
|
|
|
926 |
|
|
|
3,238 |
|
|
|
1,413 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
2,675 |
|
|
$ |
1,141 |
|
|
$ |
4,582 |
|
|
$ |
1,858 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|