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Incentive Plan (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Stock Options

The following table reflects the summary of stock options outstanding at December 31, 2012 and the changes during the twelve months then ended:

 

     Number of
Options
Granted
    Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Term (Years)
     Aggregate
Instrinsic
Value
(000’s)
 

Non-statutory stock options:

          

Outstanding, beginning of period

     787,450      $ 14.55         

Options granted

                    

Options forfeited

     (3,000   $ 26.84         

Options exercised

     (133,200   $ 5.99         

Options expired

     (9,000   $ 26.84         
  

 

 

         

Outstanding, end of period

     642,250      $ 16.09         2.63         1,635   
  

 

 

         

Exercisable, end of period

     642,250      $ 16.09         2.63         1,635   
  

 

 

         

Vested or expected to vest, end of period

     642,250      $ 16.09         2.63         1,635   
  

 

 

         


Summary of Non-Vested Shares

A summary of the status of Basic’s non-vested share grants at December 31, 2012 and changes during the year ended December 31, 2012 is presented in the following table:

 

Nonvested Shares

   Number of
Shares
    Weighted Average
Grant Date Fair
Value Per Share
 

Nonvested at beginning of period

     1,962,171      $ 13.41   

Granted during period

     895,457        17.97   

Vested during period

     (737,017     14.00   

Forfeited during period

     (134,552     15.51   
  

 

 

   

Nonvested at end of period

     1,986,059      $ 15.10