XML 58 R44.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation Plans (Tables)
 12 Months Ended
Dec. 31, 2013
Summary of Stock Option Plan Activity

Stock option plan activity for 2013 is summarized below:

 

     Shares     Weighted Average
Exercise
Price		      Weighted Average
Remaining
Contractual
Life (in years)		      Aggregate
Intrinsic
Value (1)		  

Options outstanding, January 1, 2012

      197,423      $ 10.00         5.8      

Granted

      —          —           

Forfeited

      (59,584 )      9.45         

Exercised

      —          —           

Expired

      (17,222 )      15.34         
  

 

 

    

 

 

        

Options outstanding, December 31, 2012

      120,617        9.51         5.4       $ 6,750   
  

 

 

    

 

 

     

 

 

     

 

 

  

Granted

      89,500        5.25         

Forfeited

      (11,519 )      9.42         

Exercised

      —          —           

Expired

      (7,596 )      13.80         
  

 

 

    

 

 

        

Options outstanding, December 31, 2013

      191,002      $ 7.35         6.8       $ 14,146   
  

 

 

    

 

 

     

 

 

     

 

 

  

Options exercisable, December 31, 2013

      191,002      $ 7.35         6.8       $ 14,146   
  

 

 

    

 

 

     

 

 

     

 

 

  

 

(1) The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price of the option) that would have been received by the option holders had all option holders exercised their options on December 31, 2013. This amount changes based on changes in the market value of the Company’s common stock.