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STOCK INCENTIVE PLANS (Tables)
6 Months Ended
Jun. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Activity of Stock Incentive and Equity Plans

The following table summarizes the activity of the stock incentive and equity plans as of June 30, 2013 and changes during the six months then ended:

 

     Shares
available
for grant
    Number of
options
outstanding
    Weighted-
average option
exercise price
     Number of
restricted
stock and
board
shares
issued
 

At December 31, 2012

     2,200,604        2,117,110      $ 13.32         59,932   

Granted

     (36,607     9,950        6.50         26,657   

Exercised

     —         (9,450     2.92         —    

Cancelled/forfeited

     213,642        (217,605     18.57         —    
  

 

 

   

 

 

      

 

 

 

At June 30, 2013

     2,377,639        1,900,005      $ 12.73         86,589   
  

 

 

   

 

 

      

 

 

 
Summary of Non-vested Options

A summary of the Company’s non-vested options during the six month period ended June 30, 2013 is presented below:

 

     Options     Weighted-average
exercise price
 

Non-vested at January 1, 2013

     821,002      $ 15.24   

Granted

     9,950        6.50   

Vested

     (233,663     10.53   

Forfeited

     (193,356     18.94   
  

 

 

   

 

 

 

Non-vested at June 30, 2013

     403,933      $ 15.98   
  

 

 

   

 

 

 
Analysis of Restricted Stock Issued

An analysis of restricted stock issued is as follows:

 

Non-vested restricted stock as of December 31, 2012

     4,336   

Granted

     26,657   

Vested

     (11,000
  

 

 

 

Non-vested restricted stock as of June 30, 2013

     19,993