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Stock Plans (Tables)
6 Months Ended
Jun. 30, 2012
Stock Plans [Abstract]  
Restricted shares outstanding
Restricted Stock
The following summary presents information regarding unvested restricted stock as of June 30, 2012 and changes during the six months then ended with regard to restricted stock under the 2009 EIP:
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
Number of
 
 
Grant Date
 
 
Aggregate
 
 
 
Shares
 
 
Fair Value
 
 
Fair Value
 
Balance at January 1, 2012
 
 
4,847,000
 
 
$
8.40
 
 
$
24,962,000
 
Restricted stock granted
 
 
3,816,000
 
 
$
4.19
 
 
$
14,615,000
 
Restricted stock vested
 
 
(1,173,000
)
 
$
8.99
 
 
$
4,493,000
 
Restricted stock forfeited
 
 
(250,000
)
 
$
6.15
 
 
 
 
 
Balance at June 30, 2012
 
 
7,240,000
 
 
$
6.17
 
 
$
27,730,000
 
 
Options Outstanding
The following summary presents information regarding outstanding stock options as of June 30, 2012 and changes during the six months then ended with regard to options under the 2000 EIP and the 2009 EIP:

 
 
 
 
 
Weighted
 
 
Weighted
 
 
 
 
 
 
Shares
 
 
Average
 
 
Average
 
 
Aggregate
 
 
 
Subject to
 
 
Option Price
 
 
Remaining
 
 
Intrinsic
 
 
 
Option
 
 
Per Share
 
 
Life in Years
 
 
Value
 
Balance at January 1, 2012
 
 
895,000
 
 
$
9.94
 
 
 
1.3
 
 
$
-
 
Options granted
 
 
-
 
 
$
-
 
 
 
 
 
 
 
 
 
Options exercised
 
 
-
 
 
$
-
 
 
 
 
 
 
 
 
 
Options canceled, forfeited or lapsed
 
 
(338,000
)
 
$
8.19
 
 
 
 
 
 
 
 
 
Balance at June 30, 2012
 
 
557,000
 
 
$
11.01
 
 
 
1.4
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at June 30, 2012
 
 
557,000
 
 
$
11.01
 
 
 
1.4
 
 
$
-