XML 27 R11.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Share-Based Compensation
 6 Months Ended
Jun. 30, 2011
Share-Based Compensation [Abstract]  
Stock-Based Compensation
6. Share-Based Compensation
Stock Options
The Company recognized stock-based compensation expense as follows (in thousands):
                                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2011     2010     2011     2010  
Compensation expense:
                               
Stock options
  $ 202     $ 975     $ 456     $ 1,453  
Non-vested shares
    319       232       463       456  
 
                       
Total
  $ 521     $ 1,207     $ 919     $ 1,909  
 
                       
Deferred tax benefits:
                               
Stock options
  $ 78     $ 376     $ 176     $ 561  
Non-vested shares
    —       89       —       176  
 
                       
Total
  $ 78     $ 465     $ 176     $ 737  
 
                       
Total unrecognized compensation expense related to stock options was $2.6 million at June 30, 2011, which will be recognized over a weighted-average period of approximately 1.8 years. Total unrecognized compensation expense related to non-vested shares of Company common stock was $1.9 million at June 30, 2011, which will be recognized over a weighted-average period of approximately 1.2 years.
The following table provides certain information related to stock options and non-vested shares (in thousands, except per share data):
                                                 
    Three Months Ended June 30, 2011  
    Stock Options     Non-vested Shares  
                            Weighted             Weighted  
            Weighted             Average             Average Grant  
    Number of     Average     Aggregate     Remaining     Number of     Date Fair  
    Shares     Exercise Price     Intrinsic Value     Term     Shares     Value  
Outstanding as of March 31, 2011
    5,385     $ 4.68                       201     $ 5.84  
Granted
    1,495     $ 4.70                       600     $ 5.61  
Forfeited
    —       —                       —       —  
Exercised
    —       —                       —       —  
Vested
    —       —                       —       —  
Expired
    —       —                       —       —  
 
                                   
Outstanding as of June 30, 2011
    6,880     $ 4.68     $ 3,498       3.2       801     $ 5.67  
 
                                   
Exercisable as of June 30, 2011
    5,285     $ 4.66     $ 3,498       2.2                  
 
                                       
                                                 
    Six Months Ended June 30, 2011  
    Stock Options     Non-vested Shares  
                            Weighted             Weighted  
            Weighted             Average             Average Grant  
    Number of     Average     Aggregate     Remaining     Number of     Date Fair  
    Shares     Exercise Price     Intrinsic Value     Term     Shares     Value  
Outstanding as of December 31, 2010
    5,385     $ 4.68                       300     $ 5.84  
Granted
    1,495     $ 4.70                       600     $ 5.61  
Forfeited
    —       —                       —       —  
Exercised
    —       —                       —       —  
Vested
    —       —                       (99 )   $ 5.84  
Expired
    —       —                       —       —  
 
                                   
Outstanding as of June 30, 2011
    6,880     $ 4.68     $ 3,498       3.2       801     $ 5.67  
 
                                   
Exercisable as of June 30, 2011
    5,285     $ 4.66     $ 3,498       2.2