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STOCK BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2012
STOCK BASED COMPENSATION  
Summary of stock based compensation expense

 

 

 

 

Three Months Ended
June 30,

 

Six Months Ended
June 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

 

 

(in thousands)

 

(in thousands)

 

Restricted stock/unit awards (“RSA”)

 

$

118

 

$

110

 

$

241

 

$

236

 

Performance share incentives (“PSI”)

 

66

 

34

 

101

 

34

 

Stock options

 

 

9

 

 

18

 

 

 

$

184

 

$

153

 

$

342

 

$

288

 

 

Schedule of unrecognized compensation and the expected weighted-average recognition periods with respect to the outstanding RSAs

 

 

 

 

June 30,

 

December 31,

 

 

 

2012

 

2011

 

Unrecognized compensation cost, in thousands

 

$

768

 

$

851

 

 

 

 

 

 

 

Expected weighted-average recognition period for unrecognized compensation cost, in years

 

1.6

 

1.2