Shareholders' Equity

9 Months Ended

Sep. 30, 2013

Shareholders' Equity [Abstract]

Shareholders' Equity

Note 6:  Shareholders’ Equity 

Preferred Stock - Series B Convertible Preferred Stock (“the Preferred Stock – Series B”) 

As of September 30, 2013 and December 31, 2012, there were 5,659 shares of Preferred Stock – Series B issued and outstanding. 

Common Stock 

The Company received approximately $83 thousand and $340 thousand for the exercise of 40,144 and 203,759 stock options in the three and nine months ended September 30, 2013, respectively. The Company received approximately $213 thousand and $255

thousand for the exercise of 131,688 and 160,563 stock options in the three and nine months ended September 30, 2012, respectively.    

In the three and nine months ended September 30, 2013, the Company repurchased 12,066 shares at an average cost of $2.99 per share.  During the nine months ended September 30, 2012, the Company repurchased 125,000 shares at an average cost of $2.95 per share.  At September 30, 2013, there was approximately $2.0 million remaining under the stock repurchase plan.