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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Option Activity
A summary of option activity under our 1998 Stock Option plan for the nine months ended September 30, 2013 is presented below.

 
Number
 of
Stock Options
 
Weighted Average
Exercise
 Price
 
Weighted
Average
Remaining
Contractual Life (years)
 
Aggregate
Intrinsic
Value
(in thousands)
Outstanding, December 31, 2012
394,322

 
$
15.30

 

 


Granted
47,000

 
18.75

 

 


Exercised
(41,637
)
 
15.38

 

 


Canceled/Forfeited
(9,833
)
 
17.68

 

 


Expired

 

 

 


Outstanding, September 30, 2013
389,852

 
$
15.65

 
5.49
 
$
4,355

Exercisable, September 30, 2013
326,770

 
$
15.22

 
4.82
 
$
3,790

Summary of Stock Options Outstanding
The following table summarizes information about our stock options outstanding at September 30, 2013:

 
Range of Exercise Prices
 
Options Outstanding
 
Options Exercisable
 
Shares
 
Weighted
Average
Remaining
Contractual
Life (years)
 
Weighted
Average
Exercise
Price
 
Shares
 
Weighted
Average
Exercise
Price
$0.01-9.43
 
71,352

 
3.22
 
$
8.72

 
71,352

 
$
8.72

$9.44-15.60
 
73,500

 
5.27
 
12.66

 
61,834

 
12.23

$15.61-20.48
 
245,000

 
6.21
 
18.57

 
193,584

 
18.57


 
389,852

 
5.49
 
$
15.65

 
326,770

 
$
15.22

Status of Unvested Stock Options
The summary of the status of our unvested stock options as of December 31, 2012 and changes during the nine months ended September 30, 2013 is presented below.

 
 
 
Unvested stock options:
Shares
 
Weighted Average
Grant Date Fair Value
Unvested at December 31, 2012 
49,334

 
$
9.01

Granted
47,000

 
10.30

Vested
(26,335
)
 
9.05

Canceled/Forfeited
(6,917
)
 
9.79

Unvested at September 30, 2013
63,082

 
$
9.87