SHARE-BASED COMPENSATION

3 Months Ended

Mar. 31, 2012

Share-Based Compensation [Abstract]

Share-Based Compensation

NOTE 10. SHARE-BASED COMPENSATION

Share-Based Compensation Costs

Total share-based compensation recorded in the Condensed Consolidated Statements of Operations was as follows:

	Three Months Ended
	March 31,
	2012		2011
Cost of products and services	$	100	$	87
Selling, general and administrative		76		100
Total share-based compensation expense	$	176	$	187

Stock Option Award Activity

The following table summarizes stock option activity under all plans:

	Number of  Shares			Weighted Average  Exercise  Price		Weighted Average Remaining Contractual Term (in years)		Aggregate  Intrinsic  Value
Outstanding at December 31, 2011		90,840		$	15.04		4.8	$	-
Granted		-		$	-
Exercised		-		$	-
Cancelled		(10,340	)	$	18.59
Outstanding at March 31, 2012		80,500		$	14.58		5.1	$	-
Exercisable at December 31, 2011		64,173		$	15.73		3.2	$	-
Exercisable at March 31, 2012		53,833		$	15.18		3.6	$	-

As of March 31, 2012 the total unrecognized compensation cost related to stock option awards was $0.1 million which is expected to be amortized over a weighted-average period of 1.3 years.

Cash proceeds received, the intrinsic value and the total tax benefits realized resulting from stock option exercises were as follows:

	Three Months Ended
	March 31,
	2012		2011
Amounts realized or received from stock option exercises:
Cash proceeds received	$	-	$	300
Intrinsic value realized	$	-	$	530
Income tax benefit realized	$	-	$	159

Restricted Stock Award Activity

The following table summarizes restricted stock activity:

	Number of  Shares			Weighted Average Grant-Date  Fair Value
Nonvested at December 31, 2011		80,079		$	11.89
Granted		129,334		$	10.34
Vested		(42,618	)	$	10.61
Cancelled		(600	)	$	14.72
Nonvested at March 31, 2012		166,195		$	11.05

The total fair value of restricted shares vested during the three months ended March 31, 2012 and 2011 was $0.5 million and $0.2 million, respectively. As of March 31, 2012, the total unrecognized compensation cost related to restricted stock awards was $1.6 million, which is expected to be amortized over a weighted-average period of 2.6 years.