Employee Stock Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2012

Employee Stock Benefit Plans [Abstract]

Stock option activity under share-based compensation plans

Stock option activity under all of the Company's share-based compensation plans for the nine months ended September 30, 2012 was as follows:

	Number of Options			Weighted Average Exercise Price
Outstanding, January 1, 2012		180,718		$	19.54
Granted		739,000			15.87
Exercised		(7,964	)		6.78
Cancelled		(11,129	)		20.25
Outstanding, September 30, 2012		900,625		$	16.63
Options exercisable at September 30, 2012		180,625		$	19.48

Weighted average assumptions used to estimate fair value of stock options

The Company uses the Black-Scholes option-pricing model to estimate fair value of grants of stock options with the following weighted-average assumptions:

	Nine Months Ended September 30, 2012
Risk-free interest rate		1.2	%
Volatility		85.53	%
Expected dividend yield		0	%
Expected life	5.5 years
Estimated forfeiture rate		0	%