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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2012
Stockholders' Equity  
Schedule of changes in the components of stockholders' equity

Changes in the components of stockholders’ equity are as follows (in thousands, except per share amounts):

 

 

 

Common
Stock

 

Class A
Common
Stock

 

Additional
Paid-in
Capital

 

Accumulated
Deficit

 

Accumulated
Other
Comprehensive
Loss

 

Balance at December 31, 2009

 

$

1,806

 

$

1,851

 

$

100,943

 

$

(40,994

)

$

(1,317

)

Net loss

 

 

 

 

(8,173

)

 

Unrealized gain on available-for-sale securities, net of income tax expense of $13

 

 

 

 

 

18

 

Change in pension net actuarial loss and prior service cost, net of income tax benefit of $166

 

 

 

 

 

(239

)

Issuance of restricted stock awards, net of forfeitures

 

16

 

 

(16

)

 

 

Stock-based compensation

 

 

 

662

 

 

 

Repurchase and retirement of common stock

 

(2

)

 

(48

)

 

 

Balance at December 31, 2010

 

1,820

 

1,851

 

101,541

 

(49,167

)

(1,538

)

Net loss

 

 

 

 

(9,185

)

 

Issuance of restricted stock awards, net of forfeitures

 

11

 

 

(11

)

 

 

Stock-based compensation

 

 

 

407

 

 

 

Repurchase and retirement of common stock

 

(3

)

 

(49

)

 

 

Unrealized loss on available-for-sale securities, net of income tax benefit of $14

 

 

 

 

 

(22

)

Change in net actuarial loss and prior service cost, net of income tax benefit of $484

 

 

 

 

 

(706

)

Balance at December 31, 2011

 

1,828

 

1,851

 

101,888

 

(58,352

)

(2,266

)

Net earnings

 

 

 

 

4,571

 

 

Dividends paid, $0.04 per share

 

 

 

 

(1,475

)

 

Issuance of restricted stock awards, net of forfeitures

 

10

 

 

(10

)

 

 

Stock-based compensation

 

 

 

313

 

 

 

Repurchase and retirement of common stock

 

(2

)

 

(25

)

 

 

Unrealized gain on available-for-sale securities, net of income tax expense of $19

 

 

 

 

 

27

 

Change in net actuarial loss and prior service cost, net of income tax benefit of $182

 

 

 

 

 

(265

)

Balance at December 31, 2012

 

$

1,836

 

$

1,851

 

$

102,166

 

$

(55,256

)

$

(2,504

)

 

Schedule of accumulated other comprehensive loss, net of income taxes

 

 

2012

 

2011

 

Net actuarial loss and prior service cost not yet recognized in net periodic benefit cost, net of income tax benefit of $1,732,000 and $1,550,000, respectively

 

$

(2,523,000

)

$

(2,258,000

)

Accumulated unrealized gain (loss) on available-for-sale securities, net of income tax (expense) benefit of ($15,000) and $4,000, respectively

 

19,000

 

(8,000

)

Accumulated other comprehensive loss

 

$

(2,504,000

)

$

(2,266,000

)

Schedule of nonvested restricted stock activity

 

 

Number of
 Shares

 

Weighted
Average
Grant Date
Fair Value

 

Nonvested at December 31, 2011

 

594,400

 

$

2.66

 

Granted

 

148,000

 

$

1.04

 

Vested

 

(129,000

)

$

3.67

 

Forfeited

 

(39,400

)

$

2.25

 

Nonvested at December 31, 2012

 

574,000

 

$

2.04