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SHARE-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2012
SHARE-BASED COMPENSATION  
Schedule of stock option activity for the company's stock option plans

 

 

 

 

 

 

Weighted Average

 

 

 

Shares

 

Exercise Price

 

 

 

 

 

 

 

Outstanding at January 1, 2012

 

40,166

 

$

428.16

 

Changes during the period

 

 

 

 

 

Granted

 

304,959

 

14.31

 

Expired

 

(8,105

)

180.49

 

Forfeited

 

(36,307

)

14.31

 

Outstanding at September 30, 2012

 

300,713

 

65.11

Schedule of weighted-average assumptions used to calculate the estimated fair value of stock options

 

 

 

 

Nine Months Ended

 

 

 

September 30, 2012

 

 

 

 

 

Expected volatility

 

77.2

%

Risk free interest rate

 

1.8

%

Expected dividends

 

1.0

%

Expected life (in years)

 

8.0

 

Weighted average fair value

 

$

9.67

 

Schedule of activity of restricted stock awards and units

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

Grant Date

 

 

 

Shares

 

Fair Value

 

 

 

 

 

 

 

Nonvested at January 1, 2012

 

1,015,304

 

$

14.86

 

Changes during the period:

 

 

 

 

 

Granted

 

267,653

 

14.25

 

Vested

 

(196,485

)

15.67

 

Forfeited

 

(79,593

)

14.23

 

Nonvested at September 30, 2012

 

1,006,879

 

14.59