Number of Options | Weighted Average Exercise Price | Weighted Average Remaining Contractual Term (Years) | Aggregate Intrinsic Value | |||||||||
Outstanding January 1, 2013 | 165,941 | $ | 39.46 | |||||||||
Granted | 5,703 | 45.01 | ||||||||||
Exercised | (33,278 | ) | 36.37 | |||||||||
Forfeited | (22,561 | ) | 49.01 | |||||||||
Outstanding December 31, 2013 | 115,805 | $ | 38.75 | 3.79 | $ | 1,320 | ||||||
Exercisable December 31, 2013 | 101,600 | $ | 38.48 | 3.25 | $ | 1,187 | ||||||