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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Feb. 28, 2013
STOCKHOLDERS' EQUITY  
Schedule of option grants, restricted common stock and RSUs issued to members of the board of directors for service as a member

 

 

 

 

February 28, 2013

 

 

 

Granted as of:

 

Number of options

 

Exercise price

 

2002

 

40,000

 

$

1.00

 

2002

 

31,496

 

$

1.27

 

2003

 

30,768

 

$

1.30

 

2004

 

320,000

 

$

1.58

 

2005

 

300,000

 

$

5.91

 

2006

 

450,000

 

$

1.02

 

 

 

 

 

 

Number of restricted
shares isssued

 

2007

 

 

 

320,000

 

2008

 

 

 

473,455

 

2009

 

 

 

371,436

 

2010

 

 

 

131,828

 

2011

 

 

 

 

2012

 

 

 

617,449

 

2013

 

 

 

 

Schedule of exercise prices for all options outstanding and exercisable

 

 

 

 

Options Outstanding and Exercisable

 

Exercise Price 

 

Number of shares

 

Weighted-Average
Remaining
Contractual Life

 

 

 

 

 

 

 

$1.00 - $1.02

 

100,000

 

3.0

 

$1.27 - $1.30

 

21,794

 

0.2

 

$1.58 - $1.63

 

225,000

 

1.5

 

$5.91

 

450,000

 

2.3

 

 

 

 

 

 

 

 

 

796,794

 

2.1

 

Summary of stock option activity by plan

 

 

 

 

Total Number
of Shares

 

2004 Incentive
Plan

 

2000 Director
Plan

 

 

 

 

 

 

 

 

 

Outstanding at November 30, 2012

 

796,794

 

775,000

 

21,794

 

Granted

 

 

 

 

Exercised

 

 

 

 

Forfeited / Expired

 

 

 

 

Outstanding and exercisable at February 28, 2013

 

796,794

 

775,000

 

21,794

 

 

 

 

 

 

 

 

 

Outstanding at November 30, 2011

 

868,290

 

775,000

 

93,290

 

Granted

 

 

 

 

Exercised

 

 

 

 

Forfeited / Expired

 

 

 

 

Outstanding and exercisable at February 29, 2012

 

868,290

 

775,000

 

93,290

 

Schedule of stock option activity in the aggregate for the periods

 

 

 

 

Options

 

Weighted
average
exercise price

 

Weighted average
remaining contractual
Life (Years)

 

Aggregate
Intrinsic
Value

 

 

 

 

 

 

 

 

 

 

 

Outstanding at November 30, 2012

 

796,794

 

$

3.96

 

 

 

 

 

Granted

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

Expired

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

Outstanding and exercisable at February 28, 2013

 

796,794

 

$

3.96

 

2.1

 

$

38,961

 

 

 

 

 

 

 

 

 

 

 

Weighted average per option fair value of options granted during the year

 

 

 

N/A

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options

 

Weighted
average
exercise price

 

Weighted average
remaining contractual
Life (Years)

 

Aggregate
Intrinsic
Value

 

 

 

 

 

 

 

 

 

 

 

Outstanding at November 30, 2011

 

868,290

 

$

3.73

 

 

 

 

 

Granted

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

Expired

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

Outstanding and exercisable at February 29, 2012

 

868,290

 

$

3.73

 

2.9

 

$

 

 

 

 

 

 

 

 

 

 

 

Weighted average per option fair value of options granted during the year

 

 

 

N/A

 

 

 

 

 

Summary of the status of restricted common stock and RSUs and changes

 

 

 

 

 

 

 

 

 

 

Weighted-Average Grant-Date
Fair Value

 

 

 

Restricted
Shares

 

Restricted
Stock Units

 

Total Shares

 

Restricted
Shares

 

Restricted
Stock Units

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at November 30, 2012

 

1,265,118

 

2,713,605

 

3,978,723

 

$

0.90

 

$

0.89

 

Granted

 

 

631,059

 

631,059

 

 

1.02

 

Issued

 

(310,320

)

(580,351

)

(890,671

)

0.92

 

0.82

 

Cancelled

 

 

(228,395

)

(228,395

)

 

0.82

 

Forfeited

 

 

(3,536

)

(3,536

)

 

0.70

 

Outstanding at February 28, 2013

 

954,798

 

2,532,382

 

3,487,180

 

$

0.90

 

$

0.94

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at November 30, 2011

 

464,610

 

2,542,728

 

3,007,338

 

$

1.30

 

$

0.98

 

Granted

 

670,781

 

1,562,506

 

2,233,287

 

0.64

 

0.68

 

Issued

 

(86,727

)

(379,004

)

(465,731

)

1.65

 

0.93

 

Cancelled

 

 

(229,826

)

(229,826

)

 

0.93

 

Forfeited

 

 

 

 

 

 

Outstanding at February 29, 2012

 

1,048,664

 

3,496,404

 

4,545,068

 

$

0.85

 

$

0.85