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Stock-Based Compensation Plans (Narrative 2) (Details) (USD $)
 12 Months Ended
Dec. 31, 2012
Y
Options, Outstanding, Number 1,285,000
2006 Incentive Plan
  
Plan Description

The Company currently has two share-based incentive plans. The 2006 Incentive Plan described below is administered by the Board of Directors, or its designated committee ("Plan Administrator"), and provides for various awards as determined by the Plan Administrator.

 

The 2006 Incentive Plan has 2.8 million shares authorized, of which 218,000 shares were available for awards as of December 31, 2012. The 2006 Incentive Plan permits granting non-qualified stock options (NSOs), incentive stock options (ISOs), stock appreciation rights, restricted or unrestricted stock, deferred stock, other share-based awards, or cash awards to employees, officers, directors and certain non-employees of the Company. Any award may be a performance-based award. Awards granted under the 2006 Incentive Plan have generally been to employees under non-qualified stock option agreements with the following provisions: exercise prices greater than or equal to the Company's closing stock price on the date of grant; vesting periods ranging from three years to four years; expiration 10 years from the date of grant; and optionees who terminate their service after vesting have a limited time to exercise their options (typically three to twelve months).

 

 

 
Number of Shares Authorized 2,800,000
Number of Shares Available for Grant 218,000
Award Vesting Period, Minimum 3
Award Vesting Period, Maximum 4
Expiration term from date of grant, years 10
Unrecognized compensation cost related to share-based compensation $ 1,300,000
Weighted-average service period, years 1.5
IDSOP
  
Plan Description

The Company currently has two share-based incentive plans. The 2006 Incentive Plan described below is administered by the Board of Directors, or its designated committee ("Plan Administrator"), and provides for various awards as determined by the Plan Administrator. In June 2008, we determined not to issue additional options from a second share-based incentive plan, the Independent Director Stock Option Plan described below.

 

The Independent Director Stock Option Plan (IDSOP) has 113,000 shares authorized, of which 75,000 are issued and outstanding as of December 31, 2012. The IDSOP permits granting NSOs to independent directors of the Company. Grants awarded under the IDSOP generally have the following terms: exercise price equal to the Company's closing stock price on the date of grant, expiration 10 years from the date of grant, and vested grants remain exercisable until their expiration dates if a director leaves the Board. In June 2008, the Company shareholders approved an amendment to the 2006 Incentive Plan described above to allow non-employee directors to participate in the plan. The Company does not intend to issue additional options from the IDSOP.
Number of Shares Authorized 113,000
Options, Outstanding, Number 75,000
Expiration term from date of grant, years 10
Unrecognized compensation cost related to share-based compensation $ 516,000
Weighted-average service period, years 1