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STOCK BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2013
STOCK BASED COMPENSATION [Abstract]  
Weighted-Average Assumptions Used in Estimating Grant Date Fair Value of Stock Options Granted
Set forth below are the grant-date fair values, along with the weighted-average assumptions used in estimating those grant-date fair values, for the stock options granted during the three month periods ended March 31, 2013 and 2012:

 
 
Three months ended
March 31,
 
 
 
2013
 
 
2012
 
Expected volatility
 
 
68.2
%
 
 
85.2
%
Expected life (in years)
 
 
4.00
 
 
 
4.00
 
Risk-free interest rate
 
 
0.84
%
 
 
0.84
%
Dividend yield
 
 
0.00
%
 
 
0.00
%
Fair value per stock option
 
$
6.56
 
 
$
7.88
 
Forfeiture rate
 
 
8
%
 
 
8
%
 
 
 
 
 
 
 
 
 
Share Based Compensation Plan Activity
The table below sets forth a summary of activity within the Company's stock-based compensation plans for the quarter ended March 31, 2013:  
 
 
Number of
Options
(in thousands)
 
 
Weighted
Average
Exercise Price
 
 
Weighted
Average
Remaining Contractual
Term (Years)
 
 
Aggregate
Intrinsic Value
 
Outstanding at December 31, 2012
 
 
9,727
 
 
$
4.22
 
 
 
2.55
 
 
$
88,918,000
 
Granted
 
 
36
 
 
 
12.77
 
 
 
 
 
 
 
 
 
Exercised
 
 
(177
)
 
 
1.62
 
 
 
 
 
 
 
 
 
Forfeited
 
 
(6
)
 
 
10.41
 
 
 
 
 
 
 
 
 
Outstanding at March 31, 2013
 
 
9,580
 
 
$
4.30
 
 
 
2.33
 
 
$
91,304,000
 
Exercisable at March 31, 2013
 
 
6,226
 
 
$
2.50
 
 
 
1.86
 
 
$
70,514,000
 
Non Vested Restricted Stock Activity
The following is a summary of non-vested restricted stock activity:
 
 
 
Number of Shares
 
 
Weighted Average
 
 
 
(in thousands)
 
 
Grant Date Fair Value
 
Non-vested at December 31, 2012
 
 
18
 
 
$
14.63
 
Granted
 
 
 
 
 
 
Forfeited
 
 
 
 
 
 
Vested
 
 
 
 
 
 
Non-vested at March 31, 2013
 
 
18
 
 
$
14.63