SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2012

Employee and Non-employee Restricted Stock Plan

The following table provides certain information regarding the shares authorized and outstanding under the Restricted Stock Plan at December 31, 2012:

Number of shares authorized for grants	800,000
Number of shares granted	(688,371)
Number of shares forfeited	79,998
Number of shares available for future grants	191,627
Weighted-average grant price of granted shares	$ 19.61

Changes in Non-vested Restricted Stock

Changes in restricted stock for the twelve months ended December 31, 2012 were as follows:

	Number of Shares	Weighted Average Grant Price
Non-vested at December 31, 2011	228,592	$ 21.10
Granted	76,417	$38.99
Forfeited	(19,260)	$ 32.68
Vested	(75,419)	$ 20.30
Non-vested at December 31, 2012	210,330	$ 26.85

Stock options activity

The DXP Enterprises, Inc. 1999 Employee Stock Option Plan (the "Plan"), the DXP Enterprises, Inc. Long-Term Incentive Plan and the DXP Enterprises, Inc. Director Stock Option Plan authorized the grant of options to purchase 1,800,000, 660,000 and 400,000 shares of the Company's common stock, respectively. In accordance with these stock option plans that were approved by the Company's shareholders, options were granted to key personnel for the purchase of shares of the Company's common stock at prices not less than the fair market value of the shares on the dates of grant. Most options could be exercised not earlier than 12 months nor later than 10 years from the date of grant. No future grants will be made under these stock option plans. There was no activity under the Plan during 2012 or 2011. Activity during 2010 with respect to the stock options follows:

	Shares	Options Price Per Share	Weighted Average Exercise Price	Aggregate Intrinsic Value
Outstanding and exercisable at December 31, 2009	50,000	$ 1.25 - $3.36	$ 2.50	$ 529,000
Exercised during 2010	(50,000)	$ 1.25 - $3.36	$ 2.50	$ 489,000
Outstanding and exercisable at December 31, 2010	-	-	-	-