Stock-Based Compensation (Tables)

6 Months Ended

Sep. 30, 2012

Fair market value of stock-based compensation awards

The following tables present the fair market value of stock-based compensation awards granted during the three and six months ended September 30, 2012 and 2011:

	Three months ended September 30,
	2012				2011
			Fair Value				Fair Value
	Shares		Per Award		Shares		Per Award
Stock options		5	$	5.58		141	$	10.45
Unrestricted stock		-		-		28	$	14.93
Restricted stock - retention		15	$	6.93		63	$	14.93
Restricted stock - performance based		-		-		190	$	14.93

	Six months ended September 30,
	2012				2011
			Fair Value				Fair Value
	Shares		Per Award		Shares		Per Award
Stock options		243	$	4.26		141	$	10.45
Unrestricted stock		-		-		28	$	14.93
Restricted stock - retention		368	$	5.80		63	$	14.93
Restricted stock - performance based		353	$	5.75		190	$	14.93

Assumptions used in determining fair value of options

The accompanying table sets forth the assumptions used in determining fair value for options:

	Six months ended September 30,
	2012	2011
Expected life of awards in years	6.3	6.3
Risk-free interest rate	0.86%	1.93%
Expected volatility of the Company's stock	87.35%	79.56%
Expected dividend yield on the Company's stock	0.0%	0.0%

Unrecognized compensation cost related to the non-vested stock-based compensation awards

As of September 30, 2012, the total remaining unrecognized compensation cost related to the non-vested stock-based compensation awards, which will be amortized over the weighted average remaining service periods, was as follows:

	Unrecognized Compensation Cost		Weighted Average Remaining Service Period in Years
Stock options	$	1,403		2.1
Restricted stock - retention		3,341		3.2
Restricted stock - performance		1,717		2.3
Total	$	6,461		2.7