Stock-based Compensation (Tables)

9 Months Ended

Sep. 30, 2013

The activity in the Director Plan is displayed in the following table:



Authorized Shares Available for Future Award Grants	Nine Months Ended September 30, 2013		From Inception to September 30, 2013
Beginning balance	130,012		300,000
Number of awards granted	(26,100	)	(202,091	)
Number of awards forfeited or expired	—		6,003
Ending balance	103,912		103,912
Number of option awards exercised	3,156		3,156
Number of restricted stock awards vested	6,402		6,402

The activity in the 2008 Stock Plan is displayed in the following table:



Authorized Shares Available for Future Award Grants	Nine Months Ended September 30, 2013		From Inception to September 30, 2013
Beginning balance	568,746		1,900,000
Number of awards granted	(238,517	)	(1,682,341	)
Number of awards forfeited or expired	14,827		127,397
Ending balance	345,056		345,056
Number of option awards exercised	139,476		366,318
Number of unrestricted stock awards granted	780		4,400
Number of restricted stock awards vested	18,576		18,576

Remaining Stock-Based Compensation Expense

We expect this compensation to be recognized over the remainder of 2013 and subsequent years according to the following table, except with respect to awards that are accelerated by the Board of Directors, in which case we will recognize any remaining compensation expense in the period in which the awards are accelerated.



2013	$	346
2014	1,224
2015	993
2016	569
2017	423
2018	58
Total	$	3,613

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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