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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Stock-Based Compensation [Abstract]  
Information about Stock Options
The following tables summarize information about stock-options and RSU's outstanding at December 31, 2013:

Options Outstanding
  
Options Vested and Exercisable
 
Date of
Option Issue
 
Range of
Exercise Prices
  
Number
Outstanding
  
Weighted
Average
Remaining
Contractual Life (Years)
  
Weighted Average
Exercise Price
  
Number
Exercisable
  
Weighted
Average
Remaining
Contractual Life (Years)
  
Weighted
Average
Exercise
Price
 
2006
 
$
0.24
   
690,612
   
2.22
  
$
0.24
   
690,612
   
2.22
  
$
0.24
 
2007
 
$
4.20
   
1,277,574
   
3.56
   
4.20
   
1,277,574
   
3.56
   
4.20
 
2007
 
$
5.88-6.47
   
563,931
   
3.99
   
5.88
   
563,931
   
3.99
   
5.88
 
2008
 
$
1.74-6.20
   
169,500
   
4.37
   
5.13
   
169,500
   
4.37
   
5.13
 
2009
 
$
1.15- 1.58
   
933,211
   
5.26
   
1.16
   
933,211
   
5.26
   
1.16
 
2010
 
$
5.48-6.03
   
279,896
   
6.17
   
5.49
   
268,440
   
6.17
   
5.49
 
2011
 
$
19.85-23.62
   
425,000
   
7.37
   
23.62
   
290,416
   
7.37
   
23.62
 
2012
 
$
23.84 – 35.25
   
362,500
   
8.39
   
27.00
   
164,166
   
8.35
   
27.16
 
2013
 
$
23.72 – 35.05
   
274,625
   
9.37
   
25.37
   
52,561
   
9.36
   
25.70
 
 
      
4,976,849
   
4.91
  
$
7.86
   
4,410,411
   
4.45
  
$
5.66
 

 
RSU's Outstanding
 
Grant Date
Range of
Grant Prices
 
Number
Outstanding
 
Weighted Average
Grant Price
 
2012
 
$
24.75 – 29.90
   
92,500
  
$
24.75
 
2013
 
$
23.72
   
156,415
   
23.72
 
 
      
248,915
  
$
24.10
 
 
Stock Option Activity
The following tables summarize activity under the Plan for the indicated periods:

 Options
 
 
Number of
Shares
  
Weighted Average
Exercise Price
  
Weighted Average
Remaining Contractual
Life (Years)
  
Aggregate Intrinsic
Value
 
Outstanding at December 31, 2010
  
4,830,391
  
$
3.14
   
   
 
Options granted
  
475,000
   
23.80
   
   
 
Options exercised
  
(398,393
)
  
2.68
   
   
 
Options cancelled
  
   
   
   
 
Outstanding at December 31, 2011
  
4,906,998
   
5.12
   
   
 
Options granted
  
367,500
   
26.97
   
   
 
Options exercised
  
(486,165
)
  
3.48
   
   
 
Options cancelled
  
(12,109
)
  
17.34
   
   
 
Outstanding at December 31, 2012
  
4,776,224
   
6.94
   
   
 
Options granted
  
274,625
   
25.37
   
   
 
Options exercised
  
(39,833
)
  
4.27
   
   
 
Options cancelled
  
(34,167
)
  
20.57
   
   
 
Outstanding at December 31, 2013
  
4,976,849
  
$
7.86
   
4.91
  
$
63,649
 
 
 RSU's
 
 
Number of
RSU's
  
Weighted Average
Grant Date
Fair Value
  
Aggregate Intrinsic
Value
 
Outstanding at December 31, 2011
  
   
   
 
RSU's granted
151,665
25.60
Outstanding at December 31, 2012
  
151,665
  
$
25.60
  
$
 
RSU's granted
  
156,415
   
23.72
   
 
RSU's vested
  
(55,832
)
  
27.06
   
 
RSU's cancelled
  
(3,333
)
  
24.75
   
 
Outstanding at December 31, 2013
  
248,915
  
$
24.10
  
$
 

Share-Based Compensation by Type of Award
Stock-based compensation expense is included in general and administrative expense for each period as follows:

Stock-Based Compensation by Type of Award
 
Year Ended
December 31, 2013
  
Year Ended
December 31, 2012
  
Year Ended
December 31, 2011
 
Employee stock options
 
$
6,488
  
$
5,171
  
$
4,367
 
RSU’s
  
1,075
   
991
   
 
Total stock-based compensation expense
 
$
7,563
  
$
6,162
  
$
4,367
 
 
Fair Value Assumptions
The fair value of each option grant was estimated on the date of grant using the Black-Scholes option pricing model using the following weighted average assumptions:

 
 
Year Ended
December 31,
2013
  
Year Ended
December 31,
2012
  
Year Ended
December 31,
2011
 
Expected stock price volatility
  
93
%
  
111
%
  
123
%
Risk-free interest rate
  
2.04
%
  
1.90
%
  
3.05
%
Expected life term (in years)
 
6.10 years
  
6.8 years
  
6.6 years
 
Expected dividends
  
0
%
  
0
%
  
0
%