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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2012
Stock-Based Compensation [Abstract]  
Schedule of Stock-based compensation expense
                                 
    Three Months Ended
September 30,
    Nine months Ended
September 30,
 
(In thousands)   2012     2011     2012     2011  

Cost of sales

  $ —       $ 2       —       $ 13  

Research and development

    52       63       167       199  

Selling, general and administrative

    1,058       1,130       3,280       3,068  
   

 

 

   

 

 

   

 

 

   

 

 

 

Stock-based compensation expense before income taxes

  $ 1,110     $ 1,195     $ 3,447     $ 3,280  
   

 

 

   

 

 

   

 

 

   

 

 

 
Schedule of Stock options granted
                     
(In thousands, except share amounts)                

Stock Option

Grant Date

  Number of
Shares
Underlying
Options
    Grant
Date
Fair
Value
   

Vesting Period

February 8, 2012

    148,200     $ 1,430     3-Year Vesting Period (8.33% each quarter)

August 6, 2012

    5,000     $ 36     4-Year Vesting Period (25% each year)
   

 

 

   

 

 

     
      153,200     $ 1,466      
   

 

 

   

 

 

     
Schedule of Weighted average fair values of stock option grants
                                 
    Three Months Ended
September 30,
    Nine months Ended
September 30,
 
    2012     2011     2012     2011  

Weighted average fair value of grants (1)

  $ 7.17       —       $ 9.57     $ 13.74  

Risk-free interest rate

    0.72 %     —         0.86     2.29

Expected volatility

    54.44 %     —         55.22     52.25

Expected life in years

    5.34       —         5.15       5.03  

 

(1) 

The weighted average fair value of grants was calculated utilizing the stock options granted during each respective period.

Schedule of Stock option activity
                                 
    Number of
Options
(thousands)
    Weighted-
Average
Exercise
Price
    Weighted-
Average
Remaining
Contractual
Term
(In years)
    Aggregate
Intrinsic
Value
$ (thousands)
 

Outstanding on December 31, 2011

    1,502     $ 19.53                  

Granted

    153       19.92                  

Exercised

    (97     14.63             $ 277  

Forfeited/cancelled/expired

    (50     21.51                  
   

 

 

                         

Outstanding on September 30, 2012

    1,508     $ 19.82       4.85     $ 2,114  
   

 

 

                         

Vested and expected to vest on September 30, 2012

    1,503     $ 19.82       4.84     $ 2,109  

Exercisable on September 30, 2012

    1,230     $ 19.30       4.04     $ 2,043  
Schedule of Restricted stock awards
                     
(In thousands, except share amounts)                

Restricted Stock

Grant Date

  Number of
Shares
Underlying
Options
    Grant
Date
Fair
Value
   

Vesting Period

February 8, 2012

    71,300     $ 1,432     3-Year Vesting Period (8.33% each quarter)

August 2, 2012

    100,000     $ 1,100     3-Year Vesting Period (33.3% each year)

September 4, 2012

    325     $ 4     3-Year Vesting Period (33.3% each year)

September 10, 2012

    3,265     $ 39     3-Year Vesting Period (33.3% each year)
   

 

 

   

 

 

     
      174,890     $ 2,575      
   

 

 

   

 

 

     
Schedule of Non-vested restricted stock awards
                 
    Shares
Granted
(thousands)
    Weighted-
Average
Grant Date
Fair Value
 

Non-vested on December 31, 2011

    205     $ 24.43  

Granted

    205       15.22  

Vested

    (101     22.27  

Forfeited

    (6     22.72  
   

 

 

         

Non-vested on September 30, 2012

    303     $ 18.96