Stockholders Equity

6 Months Ended

Jun. 30, 2011

Stockholders Equity [Abstract]

Stockholders Equity

Note 6:  Stockholders' Equity

During the first six months of 2011, we sold 6,900,000 shares of common stock in a registered public offering at a price of $7.00 per share.  After offering costs, the net proceeds from the offering were approximately $45.0 million, part of which was used to pay down our credit facility balance.  See Note 8 for more information.  Option holders exercised options to purchase 16,499 shares of common stock during the first half of 2011, which resulted in proceeds of approximately $128,000.  Also during the first six months of 2011, we issued 106,301 shares for the 2010 contribution to our employee benefit plan and 9,500 shares to consultants for services.

In June of 2010, option holders exercised outstanding options to purchase a total of 12,000 shares of common stock at a price of $3.14 per share by surrendering currently owned shares to pay the exercise price.  As a result of this exercise, we issued 2,436 incremental shares.  In January of 2010, we issued 216,977 shares for the 2009 contribution to our employee benefit plan.  In addition, we issued 6,000 shares to consultants for services.