Quarterly report pursuant to Section 13 or 15(d)

Capital Transactions (Tables)

v2.4.0.8
Capital Transactions (Tables)
9 Months Ended
Sep. 30, 2014
Capital Transactions  
Summary of repurchases of common shares

Period

 

Number of
Shares

 

Average
Price Paid per Share

 

Program Balance Used
for Repurchases

 

July 1 — September 30, 2014

 

177 

 

$

15.49 

 

$

2,731 

 

 

Schedule of stock option activity

 

 

 

Number of
Shares

 

Weighted Average
Exercise
Price Per Share

 

Options outstanding at December 31, 2013

 

1,926

 

$

12.54

 

Granted

 

258

 

15.38

 

Expired

 

(18

)

13.55

 

Exercised

 

(44

)

7.32

 

Options outstanding at September 30, 2014

 

2,122

 

12.97

 

 

Schedule of weighted-average assumptions using Black-Scholes option-pricing model for estimating fair value of each option granted

 

 

 

2014

 

Expected life (in years)

 

6.0 

 

Risk-free interest rate

 

1.5 

 

Expected volatility

 

56.7 

 

Dividend yield

 

2.6 

 

 

Schedule of restricted stock unit activity

 

 

 

Number of
Shares

 

Weighted Average
Grant Date
Fair Value

 

Units outstanding at December 31, 2013

 

32

 

$

12.47

 

Granted

 

156

 

10.65

 

Issued

 

 

 

Forfeited

 

(7

)

15.38

 

Units outstanding at September 30, 2014

 

181

 

12.16