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Long-Term Compensation Plan and Stock Based Compensation
 3 Months Ended
Mar. 31, 2013
Long-Term Compensation Plan and Stock Based Compensation [Abstract]  
Long-Term Compensation Plan and Stock Based Compensation

Note 9 – Long-Term Compensation Plan and Stock Based Compensation

Under the VASCO Data Security International, Inc. 2009 Equity Incentive Plan (“2009 Equity Incentive Plan”), we awarded 266 shares of restricted stock in the first quarter of 2013 consisting of 122 unissued shares subject to future performance criteria and 144 issued shares. The market value of the 144 issued restricted shares of $1,096 at the date of grant is being amortized over the respective vesting periods of one to four years. The market value of the 122 unissued shares subject to performance criteria of $931 at the date of grant is being amortized over the four-year vesting period.

The following table details long-term compensation plan and stock-based compensation expense for the three months ended March 31, 2013 and 2012:

 

                 
    Three months
ended March 31,		  
    2013     2012  

Restricted stock

   $ 754     $ 849  

Long-term compensation plan

     —         229  
   

 

 

    

 

 

  

Total Non-Cash Compensation

   $ 754     $ 1,078