XML 33 R16.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Stock-based compensation
 6 Months Ended
Jun. 30, 2011
Stock-based compensation
Note 10 - Stock-based compensation

The fair value of share-based awards granted is estimated on the date of grant using the Black-Scholes option pricing model. The key assumptions for this model are expected term, expected volatility, risk-free interest rate, dividend yield and strike price. Many of these assumptions are judgmental and the value of share-based awards is highly sensitive to changes in these assumptions.

During the six months ended June 30, 2011, the Company granted no stock options and 25,000 restricted stock units to employees. There were 30,000 stock options exercised, 175,000 stock options and 80,000 restricted stock units forfeited.

Stock based compensation expense for the three and six months ended June 30, 2011and 2010 are as follows:
 
   
For the Three Months Ended
    
For the Six Months Ended
  
   
June 30,
    
June 30,
  
(in thousands)
  
2011
    
2010
    
2011
    
2010
  
 
  
 
    
 
              
Product and distribution
   $ 11     $ 5     $ 20     $ 21  
Selling and marketing
     12       13       23       17  
General and administrative and other operating
     57       287       209       597  
 
                                
Total
   $ 80     $ 305     $ 252     $ 635