Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2014

The following table details the changes in common stock during the nine months ended September 30, 2014:


(Amounts in thousands, except for share amounts)
					Additional
	Common Stock				Paid-In
	Shares		Amount		Capital

Balance January 1, 2014		27,735,878	$	277	$	123,510
Exercise of employee stock options		157,950		2		(64	)
Exercise of outside director options		12,112		--		8
Expense of employee options vesting		--		--		192
Expense of outside director options vesting		--		--		75

Balance September 30, 2014		27,905,940	$	279	$	123,721

Activity in employee stock options and non-employee director stock options

The following table represents the activity in employee stock options and non-employee director stock options for the nine months ended September 30, 2014:

	Employee Stock Options					Director Stock Options
				Weighted					Weighted
				Average					Average
				Exercise					Exercise
	Options			Price		Options			Price

Outstanding balance at December 31, 2013		2,500,949		$	3.60		146,000		$	2.93
Granted		--		$	--		60,000		$	3.77
Forfeited		(3,333	)	$	2.32		--		$	--
Expired		--		$	--		--		$	--
Exercised		(400,203	)	$	2.46		(27,334	)	$	2.53
Outstanding at September 30, 2014		2,097,413		$	3.82		178,666		$	3.28
Exercisable at September 30, 2014		1,905,747		$	3.99		82,333		$	3.30

Weighted Average Remaining Contractual Life - Years					3.87					8.14

Aggregate intrinsic value of options outstanding ($ Thousands)				$	679				$	58