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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of stock option grants
The following table summarizes stock option grants during the six months ended June 30, 2013 and 2012:
Grantee
Type
 
# of
Options
Granted
 
Vesting Period
 
Weighted
Average
Exercise Price
 
Weighted
Average Grant
Date Fair Value
2013
 
 
 
 
 
 
 
 
Director group
 
75,490

 
1 year or less
 
$
5.67

 
$
2.00

Director group
 
17,092

 
3 years
 
$
6.83

 
$
3.76

Employee group
 
438,625

 
3 years
 
$
5.56

 
$
2.44

Employee inducement (1)
 
20,000

 
3 years
 
$
7.14

 
$
3.81

 
 
 
 
 
 
 
 
 
2012
 
 
 
 
 
 
 
 
Director group
 
51,276

 
1 year or less
 
$
7.53

 
$
3.97

Employee group
 
589,750

 
3 years
 
$
7.53

 
$
4.11

 
(1)
The Company granted non-qualified performance-based stock options outside its existing stock-based compensation plans in the first quarter of 2013 to one employee in connection with the employee joining the Company.
Summary of nonvested stock awards granted
The following table summarizes nonvested stock awards granted during the six months ended June 30, 2013 and 2012:
 
Grantee
Type
 
# of Shares
Granted
 
Vesting Period
 
Weighted
Average Grant
Date Fair Value
2013
 
 
 
 
 
 
Director group
 
75,490

 
1 year or less
 
$
5.67

Director group
 
17,092

 
3 years
 
$
6.83

Employee group
 
438,625

 
3 years
 
$
5.56

Employee inducement (1)
 
20,000

 
3 years
 
$
7.14

 
 
 
 
 
 
 
2012
 
 
 
 
 
 
Director group
 
51,276

 
1 year or less
 
$
7.53

Employee group
 
405,486

 
3 years
 
$
7.53

 
(1)
The Company granted nonvested performance-based stock awards (restricted stock) outside its existing stock-based compensation plans in the first quarter of 2013 to one employee in connection with the employee joining the Company.