STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Aug. 31, 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

The following summarizes option grants, restricted common stock and RSUs issued to members of the Board of Directors for the fiscal years 2002 through the third quarter of fiscal 2013 (in actual amounts) for service as a member:

	August 31, 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

Exercise prices for all options outstanding as of August 31, 2013 were as follows:

	Options Outstanding and Exercisable
Exercise Price	Number of shares	Weighted-Average Remaining Contractual Life
$1.02	100,000	2.5
$1.58 - $1.63	225,000	1.0
$5.91	450,000	1.8
	775,000	1.6

Summary of stock option activity by plan

The following table summarizes stock option activity by plan for the nine months ended August 31, 2013 and 2012, (in actual amounts). There are no stock options outstanding under our Restated Plan.

	Total Number of Shares		2004 Incentive Plan	2000 Director Plan
Outstanding at November 30, 2012	796,794		775,000	21,794
Granted	—		—	—
Exercised	(21,794	)	—	(21,794	)
Forfeited / Expired	—		—	—
Outstanding and exercisable at August 31, 2013	775,000		775,000	—
Outstanding at November 30, 2011	868,290		775,000	93,290
Granted	—		—	—
Exercised	(20,000	)	—	(20,000	)
Forfeited / Expired	(20,000	)	—	(20,000	)
Outstanding and exercisable at August 31, 2012	828,290		775,000	53,290

Schedule of stock option activity in the aggregate for the periods

Stock option activity in the aggregate for the periods indicated are as follows (in actual amounts):

	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	(21,794	)	1.30
Expired	—		—
Forfeited	—		—		—	—
Outstanding and exercisable at August 31, 2013	775,000		$	4.03	1.6	$	23,000
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	(20,000	)	1.00
Expired	(20,000	)	1.00
Forfeited	—		—		—	—
Outstanding and exercisable at August 31, 2012	828,290		$	3.86	2.5	$	—
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	)	(1,075,165	)	(1,385,485	)	0.92		0.89
Cancelled	—		(426,749	)	(426,749	)	—		0.89
Forfeited	—		(3,031	)	(3,031	)	—		0.70
Outstanding at August 31, 2013	954,798		1,839,719		2,794,517		$	0.90	$	0.93
Outstanding at November 30, 2011	464,610		2,542,728		3,007,338		$	1.30	$	0.98
Granted	670,781		1,601,395		2,272,176		0.64		0.69
Issued	(86,727	)	(1,015,156	)	(1,101,883	)	1.65		0.83
Cancelled	—		(523,744	)	(523,744	)	—		0.88
Forfeited	—		(29,193	)	(29,193	)	—		0.80
Outstanding at August 31, 2012	1,048,664		2,576,030		3,624,694		$	0.85	$	0.88