Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity and Stock Based Compensation (Tables)

v2.4.0.8
Stockholders' Equity and Stock Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2013
Stockholders' Equity and Stock Based Compensation  
Schedule of activity in options outstanding under the combined plans

 

 

 

 

Number of
Options

 

Weighted Average
Exercise Price

 

Weighted Average
Remaining
Contractual Life

 

Aggregate Intrinsic
Value ($M)(1)

 

Outstanding at January 1, 2013

 

310,640

 

$

8.65

 

 

 

 

 

Granted in 2013

 

—

 

—

 

 

 

 

 

Canceled in 2013

 

—

 

—

 

 

 

 

 

Exercised in 2013

 

(25,000

)

$

8.03

 

 

 

 

 

Outstanding at September 30, 2013

 

285,640

 

$

8.71

 

0.8

 

$

1.2

 

Exercisable at September 30, 2013

 

285,640

 

$

8.71

 

0.8

 

$

1.2

 

 

 

(1) The intrinsic value of an option is calculated as the difference between the market value on the last trading day of the quarter (September 30, 2013) and the exercise price of the outstanding options. The market value as of September 30, 2013 was $12.95 per share represented by the closing price as reported by The NASDAQ Global Market on that day.
Summary of nonvested shares of Restricted Stock awards outstanding and the changes during the period

 

 

 

 

Shares

 

Weighted Average
Grant Date
Fair Value

 

Nonvested shares at January 1, 2013

 

251,150

 

$

11.24

 

Granted in 2013

 

56,500

 

12.57

 

Vested in 2013

 

(80,350

)

10.32

 

Forfeited in 2013

 

(775

)

9.77

 

Nonvested shares at September 30, 2013

 

226,525

 

$

11.73