Share Based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

A summary of activity under our Stock Incentive Plan and the Non-Employee Directors Stock Option Plan during the year ended December 31, 2013 is presented below:



Options	Number		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)	Aggregate Intrinsic Value
Outstanding at January 1, 2013	626,334		$	24.60
Exercised	(6,000	)	7.43
Forfeited/expired	(501	)	19.01
Outstanding, fully vested and exercisable at December 31, 2013 (1)	619,833		$	24.77	4.86	$	1,065


(1)	As explained above, all unvested stock options immediately vested and became immediately exercisable in 2011. All such options will remain exercisable for their respective remaining term, regardless of whether the awardees remain employees of Century.

Service-based share awards activity



Service-based share awards
Outstanding at January 1, 2013	396,133
Granted	303,159
Vested	(128,048	)
Forfeited	(128,507	)
Outstanding at December 31, 2013	442,737



	Year ended December 31,
	2013	2012	2011
Weighted average per share fair value of service-based share grants	$8.19	$8.14	$15.49
Total intrinsic value of option exercises	13	—	72
Total fair value of stock options vested during the period	—	—	1,403

Share-based compensation expense

The following table summarizes the compensation cost recognized for the years ended December 31, 2013, 2012 and 2011 for all options, service-based share and performance-based share awards. No share-based compensation cost was capitalized during these periods and there were no significant modifications (other than the accelerated vesting in 2011 described above) of any share-based awards in 2013, 2012 and 2011.



	Year ended December 31,
	2013		2012		2011
Share-based compensation expense reported:
Performance-based share expense	$	475	$	27	$	1,836
Service-based share expense	603		586		692
Stock option expense	—		—		328
Total share-based compensation expense before income tax	1,078		613		2,856
Income tax	—		—		—
Total share-based compensation expense, net of income tax	$	1,078	$	613	$	2,856