EQUITY-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2012

EQUITY-BASED COMPENSATION [Abstract]

Schedule of Equity-based Compensation Expense for Restricted Stock Awards and Non-Qualified Stock Options

Equity-based compensation expense is measured at the grant date, based on the fair value of the award, and is recognized over the applicable vesting periods. The following table presents total equity-based compensation expense for restricted stock awards included in the line items below in our condensed consolidated statements of operations (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Cost of revenues	$	148		$	68		$	267		$	68
Selling and marketing		424			282			784			546
Research and development		135			116			276			325
General and administrative		1,395			1,329			2,857			2,648
Equity-based compensation expense		2,102			1,795			4,184			3,587
Income tax benefits		(736	)		(628	)		(1,464	)		(1,255	)
Total equity-based compensation expense, net of tax	$	1,366		$	1,167		$	2,720		$	2,332

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

The following table summarizes the activity of restricted stock awards under our stock plans from December 31, 2011 to June 30, 2012:

	Shares	Weighted- Average Grant Date Fair Value
Unvested at December 31, 2011	1,742,920	$	8.14
Granted	379,223	8.95
Vested	(534,578)	8.80
Forfeited	-	-
Unvested at June 30, 2012	1,587,565	$	8.12

Schedule of Stock Option Activity

The following table summarizes the stock options activity under our stock plans from December 31, 2011 to June 30, 2012:

	Options			Weighted-Average Exercise Price		Weighted- Average Remaining Contractual Life (in years)		Aggregate Intrinsic Value
Options outstanding at December 31, 2011		227,835		$	9.98
Granted		-			-
Exercised		(100,000	)		8.53
Expired		(31,500	)		11.53
Options outstanding and exercisable at June 30, 2012		96,335		$	10.98		1.0	$	525