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Stock Options (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2014, and changes during the period then ended, is presented below:
 
 
 
Number of Options
 
Weighted - Average Exercise Price
 
Weighted-Average Remaining Contractual
Term (years)
 
Aggregate Intrinsic Value
 
Outstanding at January 1, 2014
 
 
3,048,069
 
$
2.99
 
 
 
 
 
 
 
Granted
 
 
1,292,000
 
 
2.79
 
 
 
 
 
 
 
Exercised
 
 
(345,114)
 
 
1.58
 
 
 
 
 
 
 
Forfeited/Expired
 
 
(83,563)
 
 
2.78
 
 
 
 
 
 
 
Outstanding at June 30, 2014
 
 
3,911,392
 
$
3.05
 
 
5.20
 
$
1,301,628
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at June 30, 2014
 
 
1,520,193
 
$
3.06
 
 
3.69
 
$
654,338
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Vested and Expected to Vest at June 30, 2014
 
 
3,911,392
 
$
3.05
 
 
3.69
 
$
1,301,628
 
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:
 
 
 
Six Months Ended
 
 
 
June 30,
 
 
 
2014
 
 
2013
 
Weighted average fair value of options granted
 
$
1.35
 
 
$
1.89
 
 
 
 
 
 
 
 
 
 
Risk-free interest rate
 
 
1.53 %- 1.68%
 
 
 
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 June 30, 2014, and changes during the period then ended, are presented below:
 
 
 
Number of Shares
 
Weighted-
Average Grant
Date Fair Value
 
Unvested at January 1, 2014
 
 
25,000
 
$
3.31
 
Granted
 
 
-
 
 
-
 
Vested
 
 
(17,500)
 
 
3.62
 
Forfeited/Expired
 
 
-
 
 
-
 
Unvested at June 30, 2014
 
 
7,500
 
$
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 June 30,
 
Six months ended June 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Direct operating costs
 
$
106
 
$
78
 
$
175
 
$
129
 
Selling and administrative expenses
 
 
240
 
 
133
 
 
369
 
 
360
 
Total stock-based compensation
 
$
346
 
$
211
 
$
544
 
$
489