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Stock Compensation (Tables)

3 Months Ended

Mar. 31, 2013

Summary of Stock Option Activity and Related Information

A summary of the Company’s stock option activity and related information for the three months ended March 31, 2013 is as follows:

		Options				Weighted- average exercise price				Weighted- average remaining contractual life (years)				Aggregate intrinsic value
Options outstanding, January 1, 2013			2,528,177			$	13.06
Grants			100,000				10.72
Exercises			(64,397	)			4.69
Cancellations			(45,000	)			19.37
Options outstanding, March 31, 2013			2,518,780				13.07				5.92			$	4,839,538
Options exercisable, March 31, 2013			1,564,405				14.32				4.87			$	3,907,931

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- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

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