Share-Based Payment Arrangements (Tables)

6 Months Ended

Jun. 30, 2013

Share-Based Payment Arrangements [Abstract]

A summary of the status of our stock options as of and changes during the six months ended June 30, 2013 is presented below:

			Average
		Weighted	Remaining	Aggregate
		Average	Contractual	Intrinsic
	Number of	Exercise	Term	Value
	Shares	Price	(Years)	($000)

Outstanding at January 1, 2013	1,404,989	$ 9.63
Granted	-
Exercised	-
Forfeited or expired	(6,667)	$ 8.31
Outstanding at June 30, 2013	1,398,322	$ 9.64	4.7	$ 1,504
Exercisable at June 30, 2013	1,189,036	$ 10.17	4.5	$ 980

Schedule of Options, Grants in Period and Grant Date Intrinsic Value

The following table details the intrinsic value of options exercised, total cost of share-based payments charged against income before income tax benefit and the amount of related income tax benefit recognized in income for the periods indicated (in thousands):

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2013	2012	2013	2012

Intrinsic value of options exercised	$ -	$ -	$ -	$ -

Cost of share-based payments (non-cash)	$ 41	$ 115	$ 104	$ 253

Income tax benefit of share-based
payments recognized in income	$ 7	$ 12	$ 15	$ 23

Summary of the Status of Restricted Stock Units

A summary of the status of our restricted stock units as of June 30, 2013 and changes during the six months then ended is presented below:

	Number of
	Restricted
	Stock Units

Nonvested at January 1, 2013	-
Granted	243,006
Vested	-
Forfeited	-
Nonvested at June 30, 2013	243,006