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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2012
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

 

The following table summarizes the activity relating to the Company’s stock options for the nine-month period ended September 30, 2012:

 

    Options     Weighted-
Average
Exercise
Price
    Weighted-
Average
Remaining
Contractual
Term
  Aggregate
Intrinsic
Value
 
                       
Outstanding at beginning of year     2,462,000     $ 7.41              
Granted     257,000       5.93              
Exercised     (51,000 )     3.90              
Expired     -       -              
Forfeited     (101,000 )     7.94              
                             
Outstanding at end of period     2,567,000     $ 7.31     5 years   $ 2,509,000  
                             
Exercisable at end of period     1,613,000     $ 9.16     4 years   $ 936,000
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The fair value of each option grant on the date of grant is estimated using the Black-Scholes option-pricing model reflecting the following weighted-average assumptions:

 

    September 30,  
    2011     2012  
             
Expected volatility     54% - 57 %     44 %
Expected life of options     3 - 5 years       3 years  
Risk free interest rate     2 %     1 %
Dividend yield     0 %     0 %
Weighted-average fair value of options granted during the period   $ 1.91     $ 1.81  
Schedule of Nonvested Share Activity [Table Text Block]

A summary of all non-vested restricted stock for the nine-month period ended September 30, 2012 is as follows:

 

    Non-vested
Shares
    Weighted-
Average
Grant Date
Fair Value
 
                 
Restricted stock, non-vested, beginning of year     361,000     $ 3.34  
Granted     66,000       5.93  
Vested     (131,000 )     3.77  
Forfeited     -       -  
                 
Restricted stock, non-vested, end of period     296,000     $ 3.73
Schedule of Nonvested Performance-based Units Activity [Table Text Block]

The following table summarizes the activity relating to the Company’s performance shares for the nine-month period ended September 30, 2012:

 

    Non-vested
Shares
 
         
Performance shares, non-vested, beginning of year     327,000  
Granted     40,000  
Vested     -  
Forfeited     (233,000 )
         
Performance shares, non-vested, end of period     134,000