Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity and Stock Based Compensation (Tables)

v2.4.0.6
Stockholders' Equity and Stock Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2012
Stockholders' Equity and Stock Based Compensation  
Schedule of changes 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, 2012

 

374,140

 

$

8.33

 

 

 

 

 

Granted in 2012

 

—

 

—

 

 

 

 

 

Canceled in 2012

 

—

 

—

 

 

 

 

 

Exercised in 2012

 

63,500

 

$

6.78

 

 

 

 

 

Outstanding at September 30, 2012

 

310,640

 

$

8.65

 

1.8

 

$

1.2

 

Exercisable at September 30, 2012

 

310,640

 

$

8.65

 

1.8

 

$

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 28, 2012) and the exercise price of the outstanding options. The market value as of September 28, 2012 was $12.45 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, 2012

 

262,275

 

$

10.44

 

Granted in 2012

 

72,000

 

12.70

 

Vested in 2012

 

(73,950

)

10.05

 

Forfeited in 2012

 

(3,525

)

11.79

 

Nonvested shares at September 30, 2012

 

256,800

 

$

11.16