STOCKHOLDERS' EQUITY

3 Months Ended

Mar. 31, 2013

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY

NOTE 10—STOCKHOLDERS’ EQUITY

Changes in stockholders’ equity for the three months ended March 31, 2013 are as follows:

	Common Stock			Treasury Stock				Additional Paid—In		Accumulated			Accumulated Other Comprehensive			Total Stockholders’
	Issued	Amount		Acquired	Amount			Capital		Deficit			Loss			Equity
Balance at December 31, 2012	41,553,178	$	416	3,722	$	(57	)	$	233,659	$	(104,135	)	$	(2,444	)	$	127,439
Stock—based compensation	4,626	—		—	—			515		—			—			515
Employee stock purchase plan	3,360	—		—	—			9		—			—			9
Net loss	—	—		—	—			—		(4,210		)	—			(4,210		)
Foreign currency translation, net of tax	—	—		—	—			—		—			(349		)	(349		)
Balance at March 31, 2013	41,561,164	$	416	3,722	$	(57	)	$	234,183	$	(108,345	)	$	(2,793	)	$	123,404

Preferred Stock

The Company’s Board of Directors has authorized 20,000,000 shares of preferred stock, $0.01 par value. At March 31, 2013, there were no shares issued or outstanding.

Common Stock

The Company’s Board of Directors has authorized 200,000,000 shares of common stock, $0.01 par value. At March 31, 2013, there were 41,688,320 shares issued and 41,684,598 shares outstanding of common stock. Each share of common stock is entitled to one vote per share. Included in the 41,684,598 shares outstanding are 41,561,164 shares of common stock and 123,434 shares of unvested restricted common stock.

Treasury Stock

In connection with the Company’s former debt agreements, the Company was allowed to repurchase its equity interest owned by terminated employees in connection with the exercise of stock options or similar equity based incentives in an aggregate amount not to exceed $2,000 in any fiscal year. At March 31, 2013, there were 3,722 shares held in treasury that were purchased at a cost of $57.