8. Non-Cash Share-Based Employee Compensation (Tables)

9 Months Ended

Sep. 30, 2012

Non-Cash Share-Based Employee Compensation Tables

A summary of stock option activity

A summary of stock option activity under the Company’s stock option plans as of September 30, 2012, and changes during the three months ended September 30, 2012 are presented below:

As of July 1, 2012	Stock Options		Wgt. Avg. Exercise Price ($) Per Share		Wgt. Avg. Remaining Contractual Life (Years)		Wgt. Avg. Grant Date Fair Value($) Per Share		Aggregate Intrinsic Value ($)
Outstanding		495,944		3.43		-		2.24		-
Vested		470,944		3.51		-		2.33		-
Nonvested		25,000		2.03		-		0.68		-
Period activity
Issued		-		-		-		-		-
Exercised		-		-		-		-		-
Forfeited		-		-		-		-		-
Expired		35,000		2.91		-		1.67		-
As of September 30, 2012
Outstanding		460,944		3.47		4.34		2.29		9,750
Vested		435,944		3.55		4.33		2.38		9,750
Nonvested		25,000		2.03		4.64		0.68		-