Subsequent Events

12 Months Ended

Dec. 31, 2012

Subsequent Events

17. Subsequent Events

In January 2013, the Company awarded 86,143 shares of restricted stock to certain employees. The fair value of the stock award on the date of grant totaled $6,942, which will be recognized as expense, net of estimated forfeitures, on a straight-line basis over the three-year vesting period.

In January 2013, the Company awarded 4,485 units of phantom shares to certain key international employees. The fair value of the stock award on the date of grant totaled $361.

In February 2013, the Company repurchased and retired 30,000 common shares at an aggregate price of $2,683 under the common stock repurchase program.