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Employer Share Plans
 6 Months Ended
Jun. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Employer Share Plans
10. Employer Share Plans

CBIZ has granted various stock-based awards under its 2002 Amended and Restated CBIZ, Inc. Stock Incentive Plan, which is described in further detail in CBIZ’s Annual Report on Form 10-K for the year ended December 31, 2012. The terms and vesting schedules for stock-based awards vary by type and date of grant. Compensation expense for stock-based awards recognized during the three and six months ended June 30, 2013 and 2012 was as follows (in thousands):

 

     Three Months Ended
June  30,		      Six Months Ended
June 30,		  
     2013      2012      2013      2012  

Stock options

    $ 730       $ 687       $ 1,449       $ 1,470   

Restricted stock awards

      758         676         1,475         1,399   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total stock-based compensation expense

    $ 1,488       $ 1,363       $ 2,924       $ 2,869   
  

 

 

     

 

 

     

 

 

     

 

 

  

Stock award activity during the six months ended June 30, 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

      1,497      $ 6.52         530      $ 6.44   

Exercised or released

      (6 )    $ 5.87         (433 )    $ 6.87   

Expired or canceled

      (825 )    $ 7.56         (8 )    $ 7.24   
  

 

 

       

 

 

    

Outstanding at June 30, 2013

      8,207      $ 7.03         1,167      $ 6.48   
  

 

 

       

 

 

    

Exercisable at June 30, 2013

      4,546      $ 7.43        
  

 

 

         

 

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