SHARE-BASED COMPENSATION

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30,				June 30,
		2012		2011		2012		2011
Cost of products and services	$	95	$	99	$	195	$	186
Selling, general and administrative		80		43		156		143
Total share-based compensation expense	$	175	$	142	$	351	$	329

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		(13,840	)	$	19.71
Outstanding at June 30, 2012		77,000		$	14.20		5.1	$	-
Exercisable at December 31, 2011		64,173		$	15.73		3.2	$	-
Exercisable at June 30, 2012		60,333		$	14.41		4.3	$	-

As of June 30, 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 1.1 years.

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

	Three Months Ended				Six Months Ended
	June 30,				June 30,
		2012		2011		2012		2011
Amounts realized or received from stock option exercises:
Cash proceeds received	$	-	$	1,241	$	-	$	1,541
Intrinsic value realized	$	-	$	1,885	$	-	$	2,415
Income tax benefit realized	$	-	$	687	$	-	$	846

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		131,334		$	10.32
Vested		(58,750	)	$	10.82
Cancelled		(6,634	)	$	11.89
Nonvested at June 30, 2012		146,029		$	10.97

The total fair value of restricted shares vested during the six months ended June 30, 2012 and 2011 was $0.6 million and $0.4 million, respectively. As of June 30, 2012, the total unrecognized compensation cost related to restricted stock awards was $1.4 million, which is expected to be amortized over a weighted-average period of 2.4 years.