XML 33 R12.htm IDEA: XBRL DOCUMENT v2.4.0.8
SHARE-BASED COMPENSATION
9 Months Ended
Sep. 30, 2013
SHARE-BASED COMPENSATION  
SHARE-BASED COMPENSATION

NOTE F — SHARE-BASED COMPENSATION

 

The Company accounts for share-based compensation awards and for unvested awards outstanding using the modified prospective application method.  Accordingly, we recognized the fair value of the share-based compensation awards as wages in the Consolidated Statements of Earnings on a straight-line basis over the vesting period.  We have recognized compensation expense, relative to share-based awards, in wages in the Consolidated Statements of Earnings of approximately $158,000 and $194,000, or less than $0.01 per share for the three months ended September 30, 2013, and 2012, and approximately $817,000 and $381,000, or approximately $0.04 per share and $0.02 per share, for the nine months ended September 30, 2013, and 2012, respectively.

 

As of September 30, 2013, there was approximately $495,000 of unrecognized compensation expense related to our two share-based compensation plans which the Company expects to recognize over a period of three years.