Accounting For Stock-Based Compensation

6 Months Ended

Jun. 30, 2011

Accounting For Stock-Based Compensation

Accounting For Stock-Based Compensation

Note 6. Accounting for Stock-Based Compensation

The Company recognized stock-based compensation expense of $1.8 million and $3.0 million for the three months and six months ended June 30, 2011, respectively, and $2.2 million and $3.9 million for the three months and six months ended June 30, 2010, respectively. Unrecognized compensation expense of $20.0 million as of June 30, 2011, related to unvested stock-based compensation agreements, will be recognized over the next three to five years. For the six months ended June 30, 2011, the Company granted approximately 0.6 million shares in the form of equity compensation. As of June 30, 2011, the Company had 1.9 million shares available to grant.