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Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2012

For purposes of determining compensation expense for stock option awards, the fair value of each option award is estimated on the date of grant using the Black-Scholes option pricing model. The key assumptions used in the Black-Scholes model for options granted during 2012 and 2011 were as follows:

	2012	2011
Expected life of options in years	5.5 - 6.3	5.5 - 6.3
Risk-free interest rate	0.8% - 1.0%	1.2% - 2.5%
Expected volatility	46.0% - 48.0%	46.0% - 48.0%
Dividend yield	0.0%	0.0%

Stock Option Activity

A summary of stock option activity for the year ended December 31, 2012, is presented as follows:

	Options			Weighted Average Exercise Price		Weighted Average Remaining Life (Years)		Aggregate Intrinsic Value
Options outstanding, December 31, 2011		537		$	10.76
Granted		1,055		$	1.17
Forfeited		(242	)	$	6.91
Options outstanding, December 31, 2012		1,350		$	3.93		8.7	$	79
Options vested and expected to vest, December 31, 2012		1,213		$	4.15		8.6	$	69
Options exercisable, December 31, 2012		251		$	12.21		5.0	$	1

Restricted Stock Activity

A summary of restricted stock activity for the year ended December 31, 2012 is presented below:

	Number of Shares			Weighted Average Price Per Share
Unvested at December 31, 2011		151		$	12.58
Granted		123		$	1.35
Vested		(76	)	$	2.23
Forfeited		(25	)	$	5.98
Unvested at December 31, 2012		173		$	5.49

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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