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Stock Based Compensation And Employee Stock Option Plan (Tables)
12 Months Ended
Dec. 31, 2012
Stock-Based Compensation And Employee Stock Option Plan [Abstract]  
Schedule Of Grants And Vesting Of Restricted Stock

 

 

 

 

 

 

 

 

 

Non-Vested Restricted Stock

 

Weighted Average Fair Value at Grant Date

Outstanding – January 1, 2010

--

$

--

Granted

174,825 

 

750 

Vested

(174,825)

 

(750)

Outstanding – December 31, 2010

--

$

--

Granted

155,925 

 

750 

Vested

(155,925)

 

(750)

Outstanding – December 31, 2011

--

$

--

Granted

227,570 

 

994 

Vested

(227,570)

 

(994)

Outstanding – December 31, 2012

--

$

--

 

Schedule Of Fair Value Of Options, Weighted Average Assumptions

 

 

 

 

 

 

 

2012

2010 

Stock option exercise price

$5.94

$5.17

Risk-free interest rate

1.71%

2.74%

Expected dividend yield

--

--

Expected option life

7.20 yrs

7.23 yrs

Expected volatility

32.15%

33.01%

Weighted average fair value

$2.62

$1.88

 

Schedule Of Stock Options Outstanding And Exercisable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

Weighted Average

 

Common Stock

Average Exercise

Common Stock

 

Price of

 

Options

Price of Options

Exercisable

 

Exercisable

 

Outstanding

Outstanding

Options

 

Options

 

Class A

Class B

Class A

Class B

Class A

Class B

Class A

Class B

Outstanding-January 1, 2010

589,750 
150,000 

$

5.51 

$

10.24 
534,750 
150,000 

$

5.62 

$

10.24 

Granted

122,600 
35,100 

$

5.17 

$

8.47 

 

 

 

 

 

 

Exercised

(90,000)

--

$

2.76 

$

--

 

 

 

 

 

 

Outstanding- December 31, 2010

622,350 
185,100 

$

5.65 

$

9.90 
449,750 
150,000 

$

6.22 

$

10.24 

No activity during the period

--

--

$

--

$

--

 

 

 

 

 

 

Outstanding-December 31, 2011

622,350 
185,100 

$

5.65 

$

9.90 
544,383 
167,550 

$

5.86 

$

10.05 

Granted

206,000 

--

$

5.94 

$

--

 

 

 

 

 

 

Exercised

(136,000)

--

$

4.68 

$

--

 

 

 

 

 

 

Expired

(20,000)

--

$

3.75 

$

--

 

 

 

 

 

 

Outstanding-December 31, 2012

672,350 
185,100 

$

6.24 

$

9.90 
546,350 
185,100 

$

6.26 

$

9.90