Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2013

Stock-Based Compensation

Assumptions used in estimating fair value of stock options

	2013			2012
Dividend yield	0		%	0		%
Expected volatility	43.9		%	41.8		%
Expected life of option	Five Years			Five Years
Risk-free interest rate	0.7		%	0.8		%
Fair value of each option on grant date	$	4.72		$	2.73

Stock option activity

			Weighted
			Average
			Exercise
	Shares		Price
Outstanding at beginning of period	21,362		$	6.72
Granted	4,250		12.56
Exercised	(10,361	)	6.13
Expired and forfeited	(500	)	12.56
Outstanding at September 30, 2013	14,751		8.62
Exercisable at September 30, 2013	7,499		7.10