Equity-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2012

Weighted-average fair values of the Company's stock options granted

The weighted average fair values of the Company’s stock options granted during 2012, 2011 and 2010 calculated using the Black-Scholes option pricing model and other assumptions, were as follows.



	For the Year Ended
	December 31, 2012			December 31, 2011			December 31, 2010
Weighted average fair value of options granted	$	4.32		$	3.46		$	10.82
Risk-free interest rate	0.77% - 0.95%			0.91		%	2.66		%
Expected volatility	64		%	60		%	43		%
Contractual life	7 years			7 years			7 years
Expected life	3.4 - 5.4 years			4.5 -6.5 years			4.5 -6.5 years
Expected dividend yield	—		%	—		%	—		%

Summary of stock option activity

A summary of Gentiva stock option activity as of December 31, 2012 and changes during the year then ended is presented below:



	Number of Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Balance as of December 31, 2011	4,228,907		$	15.59
Granted	36,000		8.46
Exercised	(123,818	)	7.62
Cancelled	(388,671	)	13.63
Balance as of December 31, 2012	3,752,418		$	15.99	4.9	$	5,408,335
Exercisable options	2,459,137		$	18.15	4.5	$	1,678,836

Summary of performance share unit

A summary of Gentiva performance share unit activity as of December 31, 2012 and changes during the year then ended is presented below:



	Number of Performance Share Units		Weighted- Average Exercise Price		Aggregate Intrinsic Value
Balance as of December 31, 2011	125,800		$	26.33
Granted	—		—
Vested	—		—
Cancelled	(5,400	)	26.80
Balance as of December 31, 2012	120,400		$	26.31

Summary of restricted stock activity

A summary of Gentiva restricted stock activity as of December 31, 2012 is presented below:



	Number of Restricted Shares		Weighted- Average Exercise Price		Aggregate Intrinsic Value
Balance as of December 31, 2011	377,750		$	25.30
Granted	—		—
Exercised	—		—
Cancelled	(13,100	)	26.58
Balance as of December 31, 2012	364,650		$	25.25	$	3,664,733