Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v2.4.0.8
Stockholders' Equity (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
          Weighted     Weighted  
          Average     Average  
    Options     Exercise     Fair  
    Outstanding     Price     Value  

 

                 

Beginning of the year

  1,639,842   $ 11.46   $ 10.85  

Granted

  -     -     -  

Exercised

  -     -     -  

Forfeited

  (7,250 )   6.04     5.51  

Expired

  (1,667 ) $ 8.55   $ 8.01  

 

                 

End of the period

  1,630,925   $ 11.49   $ 10.88  

 

                 

Options exercisable

  1,594,126   $ 11.62   $ 11.01  
          Weighted     Weighted  
          Average     Average  
    Options     Exercise     Fair  
    Outstanding     Price     Value  

 

                 

Beginning of the year

  1,674,065   $ 11.37   $ 10.74  

Granted

  -     -     -  

Exercised

  -     -     -  

Forfeited

  (167 ) $ 6.30   $ 5.67  

Expired

  (34,056 ) $ 9.42   $ 7.48  

 

                 

End of the year

  1,639,842   $ 11.46   $ 10.85  

 

                 

Options exercisable

  1,523,536   $ 11.82   $ 11.22  
Schedule of Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]
    Stock Options Outstanding     Stock Options Vested  
    Weighted                 Weighted              
    Average                 Average              
    Remaining           Weighted     Remaining           Weighted  
    Contractual     Number     Average     Contractual     Number     Average  
    Life     of     Exercise     Life     of     Exercise  
    -Years     Awards     Price     -Years     Awards     Price  
                                     
Exercise Prices                                    
$4.50 - $8.70   5.53     835,884   $ 6.33     5.46     799,085   $ 6.36  
$9.00 - $12.90   4.20     130,037   $ 10.46     4.20     130,037   $ 10.46  
                                     
$13.50 - $18.90   2.56     358,336   $ 14.17     2.56     358,336   $ 14.17  
                                     
$19.20 - $23.85   1.90     306,668   $ 22.84     1.90     306,668   $ 22.84  
                                     
Total   4.09     1,630,925   $ 11.49     4.02     1,594,126   $ 11.62  
    Stock Options Outstanding     Stock Options Vested  
    Weighted                 Weighted              
    Average                 Average              
    Remaining           Weighted     Remaining           Weighted  
    Contractual     Number     Average     Contractual     Number     Average  
    Life     of     Exercise     Life     of     Exercise  
    -Years     Awards     Price     -Years     Awards     Price  
                                     
Exercise Prices                                    
$4.50 - $8.70   6.27     844,801   $ 6.33     6.04     728,495   $ 6.27  
$9.00 - $12.90   4.94     130,037   $ 10.46     4.94     130,037   $ 10.46  
$13.50 -$18.90   3.3     358,336   $ 14.17     3.3     358,336   $ 14.17  
$19.20 -$23.85   2.65     306,668   $ 22.84     2.65     306,668   $ 22.84  
Total   4.84     1,639,842   $ 11.46     4.62     1,523,536   $ 11.82  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
          Weighted  
          Average  
          Grant  

 

  Number of     Date Fair  

 

  Units     Value  

Total awards outstanding at December 31, 2012

  43,032   $ 6.49  

Units granted

           

Units Exercised/Released

  (27,896 ) $ 7.02  

Units Cancelled/Forfeited

           

Total awards outstanding at September 30, 2013

  15,136   $ 5.50  

 

           

Total units vested

           

Total units non-vested

  15,136   $ 5.50  

Total shares outstanding at September 30, 2013

  15,136   $ 5.50  

The following summarizes our restricted stock unit activity:

           
 
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest [Table Text Block]

 

  Year Ended              

 

  December 31,              

 

  2013     2014     2015     2016     Thereafter     Total  

 

                                   

Scheduled vesting—restricted stock units

  843     14,293     - -           - -     15,136  
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
  Year
  Ended
  12/31/2011
   
Average risk-free interest rate 3.35%
Average expected life- years 10
Expected volatility 94.32%
Expected dividends 0