Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Fair Values of Options Calculated Based on Assumptions Using Black-Scholes Option-Pricing Model

The fair value of the options as of the dates of grant was calculated using the Black-Scholes option-pricing model based on the assumptions outlined below.

	Grant Date
	2013		2012		2011
Options granted		173,750		164,500		176,250
Exercise price	$	17.16	$	17.67	$	25.18
Assumptions:
Expected life in years		6		6		6
Risk-free interest rate		1.26%		0.76%		2.30%
Expected annual dividend yield		4.20%		3.01%		2.96%
Expected forfeiture rate		5.00%		0%		0%
Expected volatility		52.68%		53.46%		56.25%
Grant date fair value	$	5.82	$	6.68	$	10.53
Resulting stock-based compensation expense	$	961	$	1,099	$	1,857

Summary of Stock Options Outstanding and Exercisable

A summary of stock options outstanding and exercisable and activity for the year ended December 31, 2013 is as follows:

	Shares Under Options			Weighted Average Exercise Price		Remaining Contractual Life In Years		Intrinsic Value
Outstanding at January 1, 2013		1,166,421		$	26.00		7.1	$	1,178
Granted		173,750			17.16
Exercised		(15,334	)		13.93
Forfeited		(123,084	)		26.25
Outstanding at December 31, 2013		1,201,753		$	24.85		6.5	$	982
Exercisable at December 31, 2013		869,586		$	27.18		5.7	$	982
Vested or expected to vest at December 31, 2013		1,174,266		$	24.95		6.5	$	982