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Employer Share Plans (Tables)
3 Months Ended
Mar. 31, 2013
Employer Share Plans [Abstract]  
Schedule of share-based compensation awards

Compensation expense for stock-based awards recognized during the three months ended March 31, 2013 and 2012 was as follows (in thousands):

 

                 
    Three Months Ended
March  31,
 
    2013     2012  

Stock options

  $ 719     $ 783  

Restricted stock awards

    717       723  
   

 

 

   

 

 

 

Total stock-based compensation expense

  $ 1,436     $ 1,506  
   

 

 

   

 

 

 
Stock award activity

Stock award activity during the three months ended March 31, 2013 was as follows (in thousands, except per share data):

 

                                 
    Stock
Options
    Restricted Stock
Awards
 
    Number
of
Options
    Weighted
Average
Exercise
Price Per
Share
    Number
of
Shares
    Weighted
Average
Grant-Date
Fair

Value (1)
 

Outstanding at beginning of year

    7,541     $ 7.18       1,078     $ 6.66  

Granted

    —         —         84     $ 6.01  

Exercised or released

    —         —         (70   $ 6.83  

Expired or canceled

    (53   $ 7.47       (8   $ 7.24  
   

 

 

           

 

 

         

Outstanding at March 31, 2013

    7,488     $ 7.18       1,084     $ 6.59  
   

 

 

           

 

 

         

Exercisable at March 31, 2013

    3,933     $ 7.64                  
   

 

 

                         

 

  (1) Represents weighted average market value of the shares; awards are granted at no cost to the recipients.