Incentive plans (Tables)

12 Months Ended

Dec. 31, 2012

Incentive plan activity is summarized as follows:

(shares in thousands)	Number of Shares Under Option			Weighted Average Exercise Price

Outstanding at December 31, 2010		836		$	0.87
Expired		(20	)		0.95

Outstanding at December 31, 2011		816			0.88
Exercised		(680	)		0.84
Expired		(136	)		1.09

Outstanding at December 31, 2012		-

Options exercisable at:
December 31, 2012		-		$	-
December 31, 2011		816		$	0.88

Other information relating to the plan

Information relating to the 1993 Plan is as follows:

(in thousands)	December 31, 2012		December 31, 2011
Unamortized compensation cost relating to non-vested stock options	$	-	$	-
Stock based compensation expense recorded for the year ended	$	-	$	120
Options to purchase shares of common stock which were excluded from computation of diluted earnings per share due to the effect of being anti-dilutive in the computation of earnings per share.		-
Common shares reserved for issuance		4,320
Shares available for future stock option grants		4,320
Intrinsic value of options outstanding	$	-
Intrinsic value of options exercisable	$	-

Per share grant dated weighted average estimated values of employee stock option grants and assumptions

The per share grant date weighted average estimated values of employee stock option grants under the 1993 Plan, as well as the assumptions used to calculate such values granted were as follows:

	Year Ended December 31, 2011
Weighted average fair value at grant date	$	0.60
Estimated dividend yield		0	%
Risk free interest rate		0.25	%
Estimated volatility		1.039
Expected life in years		2