XML 132 R41.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock-Based Compensation (Tables)
 12 Months Ended
Mar. 31, 2012
Stock--Based Compensation [Abstract]  
Schedule of Certain Information Regarding Stock-Based Compansation Plan
The table below summarizes certain data for the Company’s stock based compensation plans:
    
 
Year Ended March 31,
 
2012
2011
2010
Compensation expense for all stock based
     compensation plans
$
2,618

$
4,609

$
448

Tax (expense) benefits for stock-based compensation
$
—

$
—

$
(748
)
Intrinsic value of stock options exercised
$
—

$
22

$
59

Fair value of stock options vested
$
1,477

$
189

$
908
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
Assumptions used to determine the fair value of options issued in 2011 include the following:
 
2011
Grant Price
$
3.97

Exercise Price
$
6.00

Expected Life in Years
6.50

Annualized Volatility
59.2
%
Annual Dividend Rate
0.00
%
Risk Free Rate
2.48
%
Fair Value
$
5,540
Schedule of Share-based Compensation, Stock Options, Activity
A summary of option activity for stock options follows:
    
Options
Shares
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term (Years)
Aggregate
Intrinsic
Value
Outstanding at March 31, 2009
2,636

6.08

 
 
    Exercised
(30
)
3.26

 
 
    Forfeited
(173
)
6.46

 
 
    Expired
(276
)
4.89

 
 
Outstanding at March 31, 2010
2,157

6.24

 
 
    Granted
2,835

6.00

 
 
    Exercised
(35
)
2.98

 
 
    Forfeited
(433
)
6.91

 
 
Outstanding at March 31, 2011
4,524

6.05





    Forfeited
(203
)
5.98

 
 
    Expired
(130
)
6.86

 
 
Outstanding at March 31, 2012
4,191

6.03

7.31

—

Vested and expected to vest at March 31, 2012
4,084

6.03

7.27

—

Exercisable at March 31, 2012
1,931

6.06

5.36

—
Schedule of Nonvested Share Activity
The table below shows the movement in unvested options from March 31, 2011 to March 31, 2012.

        
 
Shares
Weighted
Average Grant
Date Fair
Value
Aggregate
Grant Date
Fair Value
Unvested March 31, 2011
2,983

2.06

$
6,143

Forfeited
(66
)
3.76

(250
)
Vested
(657
)
2.25

(1,477
)
Unvested March 31, 2012
2,260

1.95

$
4,416
Schedule of Share-based Compensation, Restricted Stock Award Activity
The fair value of restricted shares is determined on grant date and is amortized over the vesting period which is generally three years.

Restricted Stock
Shares
Weighted Average
Grant Date
Fair Value
Restricted at March 31, 2009
494
5.26
Granted
192
4.25
Vested
(271)
4.13
Forfeited
(17)
5.95
Restricted at March 31, 2010
398
5.51
Granted
143
3.34
Vested
(258)
6.08
Forfeited
(27)
5.06
Restricted at March 31, 2011
256
3.77
Granted
146
3.27
Vested
(185)
3.60
Forfeited
(13)
4.15
Restricted at March 31, 2012
204
3.55
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
The fair value of the restricted stock units is determined on the grant date and is amortized over the vesting period.
Restricted Stock Units
Shares
Weighted Average
Grant Date
Fair Value
Outstanding as of March 31, 2009
92

4.47
Granted
106

4.26
Forfeited
(10
)
4.39
Outstanding as of March 31, 2010
188

4.36
Granted
959

4.57
Vested
(5
)
4.59
Forfeited
(253
)
4.58
Outstanding as of March 31, 2011
889

4.53
Vested
(251
)
4.55
Forfeited
(50
)
4.56
Outstanding as of March 31, 2012
588

4.51
Schedule of Nonvested Performance-based Units Activity
The table below includes the maximum number of shares that may be earned under the plan.
Performance Shares
Shares
Weighted Average
Grant Date Fair Value
Outstanding as of March 31, 2009
1,188

4.47
Granted
1,782

4.19
Forfeited
(203
)
4.36
Outstanding as of March 31, 2010
2,767

4.30
Vested
(291
)
4.47
Forfeited
(496
)
4.02
Shares not vesting due to Performance
(803
)
4.47
Outstanding as of March 31, 2011
1,177

4.26
Forfeited
(1,177
)
4.26
Outstanding as of March 31, 2012
—

—
Schedule of Nonvested Performance-based Restricted Stock Units Activity
The table below includes the maximum number of restricted stock units that may be earned under the plan.
Performance-Based
Restricted Stock Units
Shares
Weighted Average
Grant Date Fair Value
Outstanding as of March 31, 2009
150

4.47
Outstanding as of March 31, 2010
150

4.47
Granted
2,097

4.56
Vested
(40
)
4.47
Forfeited
(698
)
4.59
Shares not vesting due to Performance
(110
)
4.47
Outstanding as of March 31, 2011
1,399

4.55
Forfeited
(175
)
4.59
Outstanding as of March 31, 2012
1,224

4.54