Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2013

Weighted-Average Fair Value of Options Granted and Assumptions

The following table sets forth information about the weighted-average fair value of options granted, and the weighted-average assumptions for such options granted, during 2011:


	2011
Weighted average fair value of options on grant date	$	4.87
Expected life (years)		6.0
Risk-free interest rate		2.3	%
Expected dividend yield		—	%
Expected volatility		76.2	%

Summary of Option Activity for Stock Options

The following table sets forth the summary of option activity for the year ended December 31, 2013:


	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value
Outstanding at January 1, 2013		747,500		$	12.32		5.92
Granted		—		$	—		—	$	—
Exercised		(15,000	)	$	8.38				232
Expired		(125,000	)	$	29.52
Forfeited		—		$	—

Outstanding at December 31, 2013		607,500		$	8.88		6.04	$	11,567

Exercisable on December 31, 2013		556,662		$	9.03		5.93	$	10,520

Expected to vest at December 31, 2013		50,235		$	7.23		7.23	$	1,035

Summary of Activity for Restricted Stock Grants

The following table sets forth the summary of activity for restricted stock grants for the year ended December 31, 2013:


	2013					2012					2011
	Shares			Weighted Average Grant Date Fair Value		Shares			Weighted Average Grant Date Fair Value		Shares			Weighted Average Grant Date Fair Value
Nonvested at beginning of year		458,981		$	10.85		248,804		$	8.43		131,333		$	10.58
Granted		215,800		$	15.77		288,648		$	12.18		165,638		$	7.22
Vested		(97,928	)	$	11.78		(72,471	)	$	7.81		(43,167	)	$	10.47
Forfeited		(3,500	)	$	15.66		(6,000	)	$	10.91		(5,000	)	$	7.34

Nonvested at end of year		573,353		$	12.51		458,981		$	10.85		248,804		$	8.43