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Share-Based Payments (Tables)
3 Months Ended
Mar. 31, 2013
Share-Based Payments  
Schedule of weighted average assumptions

 

Weighted Average Assumptions

 

 

 

Stock Options

 

Employee Stock Purchase Plan

 

 

 

For the Three
Months
Ended
March 31, 2013

 

For the Three
Months
Ended
March 31, 2012

 

For the Three
Months
Ended
March 31, 2013

 

For the Three
Months
Ended
March 31, 2012

 

Expected volatility

 

62

%

65

%

64

%

66

%

Expected dividends

 

 

 

 

 

Expected life (years)

 

6.2

 

6.5

 

0.5

 

0.5

 

Risk-free interest rate

 

1.4

%

1.4

%

0.1

%

0.1

%

Schedule of nonvested shares of restricted stock

A summary of the status of nonvested shares of restricted stock as of March 31, 2013 and the changes during the three months then ended are presented below (in thousands, except fair values):

 

 

 

Number of
Shares

 

Weighted
Average
Grant Date
Fair Value

 

Nonvested at January 1, 2013

 

1,137

 

$

14.61

 

Granted

 

146

 

12.58

 

Vested

 

(58

)

14.39

 

Forfeited

 

(21

)

14.60

 

 

 

 

 

 

 

Nonvested at March 31, 2013

 

1,204

 

$

14.37

 

Summarized information about time-based or performance-based vesting schedules

Vesting Schedule

 

Nonvested
Shares

 

Time-based

 

347

 

Performance-based

 

857

 

 

 

 

 

Nonvested at March 31, 2013

 

1,204