Stock Plans and Other Incentives (Tables)

9 Months Ended

Sep. 30, 2012

Stock Plans and Other Incentives [Abstract]

Option activity and other plan data

The following table presents option activity and other plan data for the nine months ended September 30, 2012 and 2011:

	For the Nine Months Ended September 30,
	2012				2011
	Options		Weighted- Average Exercise Price		Options		Weighted- Average Exercise Price
Outstanding at beginning of period		663,172	$	8.82		680,896	$	8.73
Cancelled through cash settlement		—	$	—		—	$	—
Forfeited/cancelled/expired		—	$	—		—	$	—
Outstanding at end of period		663,172	$	8.82		680,896	$	8.73
Options exercisable at end of period		438,172	$	9.23		378,896	$	8.92
Options exercisable which can be settled in cash		53,172	$	4.60		70,896	$	4.81

Changes in RSUs

The following table presents the changes in RSUs outstanding for the nine months ended September 30, 2012 and 2011:

	For the Nine Months Ended September 30,
	2012			2011
Outstanding at beginning of period		590,662			523,479
Granted		165,461			243,499
Common stock delivered (A)(B)		(217,885	)		(177,828	)
Forfeited		—			—
Outstanding at end of period		538,238			589,150
Intrinsic value at September 30, 2012 and 2011, respectively (C)	$	6,157,000		$	5,220,000

(A) Includes 1,202 and 84,367 shares which were used to settle minimum employee withholding tax obligations for one and 16 employees of approximately $13,000 and $851,000 in the three and nine months ended September 30, 2012, respectively. A net 2,132 and 133,518 shares of common stock were delivered in the three and nine months ended September 30, 2012, respectively.

(B) Includes 1,207 and 44,019 shares which were used to settle minimum employee withholding tax obligations for one and 14 employees of approximately $11,000 and $352,000 in the three and nine months ended September 30, 2011, respectively. A net of 2,126 and 133,809 shares of common stock were delivered in the three and nine months ended September 30, 2011, respectively.

(C) For purposes of this calculation, the Company’s closing stock prices were $11.44 and $8.86 per share on September 30, 2012 and 2011, respectively.