Equity-Based Compensation

3 Months Ended

Mar. 31, 2013

Equity-Based Compensation [Abstract]

Equity-Based Compensation

3. Equity-Based Compensation

Summary of Plans

This table shows the number of shares approved by stockholders for each plan and the number of shares that remain available for equity awards at March 31, 2013 (in thousands):

		# of
	# of Shares	Shares
Stock Plan	Approved	Available
2003 Stock Plan (1)	3,000	19
2010 Stock Plan (1)	3,000	2,209
Employee Stock Purchase Plan (2)	1,000	235
Totals	7,000	2,463

(1)	Exercise prices for ISOs and non-qualified stock options granted under this plan may not be less than 100 percent of the fair market value for the Company’s common stock on the date of grant.
(2)	Employees may purchase shares at 95 percent of the closing price on the day previous to the last day of each   six-month offering period.  This plan is not considered to be compensatory.

The Company issued 55,634 shares of common stock as a result of exercises by employees under its employee stock option plans during the first three months of 2013.  Such amount was 258,446 shares of common stock during the fiscal year ended December 31, 2012. The Company issued 276,222 shares of restricted stock that include solely a time-based vesting requirement in the first three months of 2013 and such amount was 321,965 during the fiscal year ended December 31, 2012.