Share-based Compensation (Tables)

9 Months Ended

Sep. 30, 2013

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

The components of share-based compensation expense were as follows:


	Three months ended September 30,				Nine months ended September 30,
	2013		2012		2013		2012
	(in thousands)
Stock option awards	$	252	$	239	$	596	$	530
Restricted stock units		160		167		371		406


Total share-based compensation	$	412	$	406	$	967	$	936

Computation of Fair Values of Employee Stock Options for Option Grants Issued Under Black-Scholes Option Model

We have computed the fair values of employee stock options for option grants issued during the nine months ended September 30, 2013 and 2012 using the Black-Scholes option model with the following assumptions:


	2013			2012
Dividend yield		1.8	%		1.6	%
Volatility		57.9	%		61.8	%
Risk-free interest rate		1.6	%		0.6	%
Weighted average expected option term (in years)		5.6			5.5
Weighted average fair value per share of options granted	$	3.00		$	2.91