Share-Based Compensation

3 Months Ended

Mar. 31, 2015

Share-Based Compensation [Abstract]

Share-Based Compensation

(9) Share-Based Compensation

Stock Options

The following table summarizes share-based compensation expense recognized during the periods indicated:

	Three Months Ended March 31,
	2015		2014
Share-based compensation expense included in the condensed consolidated statements of operations:
Software and other cost of sales	$	13	$	13
Professional services cost of sales		23		28
Maintenance and EDI cost of sales		22		23
Sales and marketing		334		641
Product research and development		189		200
General and administrative		684		625
Share-based compensation expense, net of tax	$	1,265	$	1,530

Stock option activity in the three months ended March 31, 2015, is set forth in the following table:

	Number of Options
Options outstanding, December 31, 2014		5,992,868
Options granted		95,000
Options exercised		(186,250	)
Options forfeited and expired		(38,125	)
Options outstanding, March 31, 2015		5,863,493
Options exercisable, March 31, 2015		4,265,993

Restricted Stock

Restricted stock activity in the three months ended March 31, 2015, is set forth in the following table:

	Number of Shares
Restricted stock outstanding, December 31, 2014		1,942,748
Restricted stock granted		-
Restricted stock vested		(108,223	)
Restricted stock forfeited		-
Restricted stock outstanding, March 31, 2015		1,834,525

As of March 31, 2015, there was approximately $5,784 of unrecognized compensation cost related to stock options and restricted stock that may be recognized in future periods.