STOCKHOLDERS' EQUITY

9 Months Ended

Sep. 30, 2013

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY

NOTE 13—STOCKHOLDERS’ EQUITY

Changes in stockholders’ equity for the nine months ended September 30, 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	154,672	1		—	—			1,729		—			—			1,730
Employee stock purchase plan	7,438	—		—	—			18		—			—			18
Net loss	—	—		—	—			—		(14,635		)	—			(14,635		)
Foreign currency translation, net of tax	—	—		—	—			—		—			297			297
Balance at September 30, 2013	41,715,288	$	417	3,722	$	(57	)	$	235,406	$	(118,770	)	$	(2,147	)	$	114,849

Preferred Stock

The Company’s Board of Directors has authorized 20,000,000 shares of preferred stock, $0.01 par value. At September 30, 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 September 30, 2013, there were 41,861,635 shares issued and 41,857,913 shares outstanding of common stock. Each share of common stock is entitled to one vote per share. Included in the 41,857,913 shares outstanding are 41,715,288 shares of common stock and 142,625 shares of unvested restricted common stock.

Treasury Stock

In connection with the Company’s former debt agreements, the Company was permitted to repurchase shares of its common stock 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. As of September 30, 2013 and 2012, there were 3,722 shares held in treasury that were purchased at a cost of $57.