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Stock Options (Tables)
3 Months Ended
Mar. 31, 2014
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of option activity under the Company’s stock option plans as of March 31, 2014, and changes during the period then ended, is presented below:
 
 
 
 
 
Weighted-
 
Weighted-Average
 
 
 
 
 
Number of
 
Average
 
Remaining Contractual
 
Aggregate
 
 
 
Options
 
Exercise Price
 
Term (years)
 
Intrinsic Value
 
Outstanding at January 1, 2014
 
3,048,069
 
$
2.99
 
 
 
 
 
 
Granted
 
100,000
 
 
3.21
 
 
 
 
 
 
Exercised
 
(154,000)
 
 
2.59
 
 
 
 
 
 
Forfeited/Expired
 
(78,239)
 
 
2.76
 
 
 
 
 
 
Outstanding at March 31, 2014
 
2,915,830
 
$
3.03
 
4.59
 
$
793,777
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at March 31, 2014
 
843,057
 
$
3.03
 
2.54
 
$
466,027
 
 
 
 
 
 
 
 
 
 
 
 
 
Vested and Expected to Vest at March 31, 2014
 
2,915,830
 
$
3.03
 
4.59
 
$
793,777
 
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]
The fair value of stock options is estimated on the date of grant using the Black-Scholes option pricing model. The weighted average fair values of the options granted and weighted average assumptions are as follows:
 
 
 
Three Months Ended
 
 
 
March 31,
 
 
 
2014
 
 
2013
 
Weighted average fair value of options granted
 
$
1.55
 
 
$
1.86
 
 
 
 
 
 
 
 
 
 
Risk-free interest rate
 
 
1.53
%
 
 
0.76
%
Expected life (years)
 
 
5
 
 
 
5
 
Expected volatility factor
 
 
54.96
%
 
 
67
%
Expected dividends
 
 
-
 
 
 
-
 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
A summary of restricted shares under the Company’s stock plans as of March 31, 2014, and changes during the period then ended, are presented below:
 
 
 
 
 
Weighted-Average Grant
 
 
 
Number of Shares
 
Date Fair Value
 
Unvested at January 1, 2014
 
25,000
 
$
3.31
 
Granted
 
 
 
 
 
 
Vested
 
(10,000)
 
 
4.39
 
Forfeited/Expired
 
-
 
 
-
 
Unvested at March 31, 2014
 
15,000
 
$
2.59
 
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
The stock-based compensation expense related to the Company’s various stock awards was allocated as follows (in thousands):
 
 
 
Three months ended March 31,
 
 
 
2014
 
2013
 
 
 
 
 
 
 
 
 
Direct operating costs
 
$
69
 
$
51
 
Selling and adminstrative expenses
 
 
129
 
 
227
 
Total stock-based compensation
 
$
198
 
$
278