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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2012
Shareholders' Equity [Abstract]  
Summary Of Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

2010

 

 

 


 


 


 

 

 

Shares

 

WAEP*

 

Shares

 

WAEP*

 

Shares

 

WAEP*

 

 

 


 


 


 


 


 


 

Options outstanding at beginning of year

 

535,333

 

$

9.58

 

463,433

 

$

9.11

 

431,133

 

$

8.10

 

Granted

 

159,750

 

$

5.12

 

156,000

 

$

10.21

 

85,000

 

$

12.33

 

Exercised

 

(56,000

)

$

2.17

 

(32,100

)

$

3.29

 

(37,700

)

$

3.31

 

Forfeited or expired

 

(240,190

)

$

11.02

 

(52,000

)

$

11.16

 

(15,000

)

$

6.69

 

 

 


 



 


 



 


 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options outstanding at end of year

 

398,893

 

$

7.95

 

535,333

 

$

9.58

 

463,433

 

$

9.11

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 

Options eligible for exercise at year-end

 

160,143

 

$

9.84

 

249,333

 

$

8.81

 

213,058

 

$

7.64

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 

Schedule Of Weighted Average Assumptions

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

2010

 

 

 


 


 


 

Expected life (in years)

 

4.8

 

 

3.1

 

 

2.8

 

 

Risk-free interest rate

 

0.72

%

 

1.47

%

 

1.39

%

 

Expected volatility

 

42

%

 

44

%

 

78

%

 

Dividend yield

 

0

%

 

0

%

 

0

%

 

Schedule Of Other Option Information

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

2010

 

 

 


 


 


 

Cash received from the exercise of stock options

 

$

121,000

 

$

105,000

 

$

121,000

 

Stock-based compensation expense recognized within general and administrative expense on the consolidated statements of operations

 

 

244,000

 

 

412,000

 

 

342,000

 

Excess income tax benefits from exercise of stock options

 

 

71,000

 

 

37,000

 

 

72,000