Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlockAbstract

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The components of stock-based compensation for the years ended December 31, 2013, 2012 and 2011 were as follows:

	For the Year Ended December 31,
	2013		2012		2011
Stock options	(245	)	(66	)	2,077
Restricted stock units	2,043		1,314		672
Deferred directors fees	—		58		61
Total stock-based compensation expense	1,798		1,306		2,810
Tax benefit of stock-based compensation expense	(671	)	(472	)	(959	)
After-tax effect of stock based compensation	1,127		834		1,851

Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used

Based on the results of the model, the weighted-average fair value of the stock options granted during the 12-month periods ended December 31, 2013, 2012 and 2011, respectively, were $1.79, $1.72 and $4.08 per share using the following weighted average assumptions:

	2013		2012		2011
Expected dividend yield	—	%	—	%	—	%
Risk-free interest rate	1.01	%	0.67	%	1.80	%
Expected volatility	55.2	%	58.6	%	57.2	%
Expected life of option	4.7 years		4.8 years		5.0 years

Schedule of Share-based Compensation, Stock Options, Activity

The following table provides additional information regarding our stock option activity for the 12 months ended December 31, 2013:

	Number of Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life	Aggregate Intrinsic Value
Outstanding on January 1, 2013	1,914,000		$	11.38
Granted	80,000		3.85
Exercised	(195,000	)	4.16
Expired or forfeited	(110,500	)	10.93
Outstanding on December 31, 2013	1,688,500		$	11.88	3.8 years	$	1,038
Exercisable on December 31, 2013	1,678,500		$	11.92	3.8 years	$	1,027

The following table presents a summary of our stock option activity and related information for the years ended December 31:

	2013				2012				2011
	Number of Options		Weighted- Average Exercise Price		Number of Options		Weighted- Average Exercise Price		Number of Options		Weighted- Average Exercise Price
Outstanding at beginning of year	1,914,000		$	11.38	1,902,000		$	11.51	2,856,125		$	14.68
Granted	80,000		3.85		70,000		3.55		60,000		8.16
Exchanged for RSUs	—		—		—		—		(814,500	)	22.06
Exercised	(195,000	)	4.16		—		—		(81,500	)	4.61
Expired or forfeited	(110,500	)	10.93		(58,000	)	6.33		(118,125	)	18.48
Outstanding at end of year	1,688,500		$	11.88	1,914,000		$	11.38	1,902,000		$	11.51
Exercisable at end of year	1,678,500		$	11.92	1,833,500		$	11.48	1,718,062		$	11.72
Weighted-average fair value of options granted during the year			$	1.79			$	1.72			$	4.08

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The following table summarizes information about stock options outstanding at December 31, 2013:

Options Outstanding					Options Exercisable
Range of Exercise Prices	Number of Options	Weighted- Average Remaining Contractual  Life	Weighted- Average Exercise Price		Number of Options	Weighted- Average Exercise Price
$  3.55 - $  5.51	328,500	5.3 years	$	4.44	328,500	$	4.44
$  5.52 - $11.03	775,875	4.0 years	8.88		765,875	8.92
$11.04 - $22.06	267,250	2.2 years	14.57		267,250	14.57
$22.07 - $27.57	316,875	3.0 years	24.69		316,875	24.69
$  3.55 - $27.57	1,688,500	3.8 years	$	11.88	1,678,500	$	11.92

Schedule of Nonvested Share Activity

Non-vested stock option activity for the 12 months ended December 31, 2013 was as follows:

	Non-Vested  Stock Options Outstanding		Weighted-Average Grant  Date Fair Value
Outstanding on January 1, 2013	80,500		$	5.35
Granted	80,000		1.79
Vested	(148,000	)	3.53
Forfeited	(2,500	)	5.98
Outstanding on December 31, 2013	10,000		3.58

Schedule of Nonvested Restricted Stock Units Activity

A summary of restricted stock unit activity for the years ended December 31, 2013, 2012 and 2011 is as follows:

	Shares		Weighted Average Grant  Date Fair Value
Unvested restricted stock units at January 1, 2011	149,000		$	8.63
Granted	80,000		9.14
Converted from stock options	267,372		6.53
Forfeited	(9,207	)	6.76
Vested	—		—
Unvested restricted units at December 31, 2011	487,165		7.59
Granted	349,000		4.82
Forfeited	(11,891	)	7.15
Vested	(72,250	)	8.63
Unvested restricted stock units at December 31, 2012	752,024		6.21
Granted	485,000		4.62
Forfeited	(70,070	)	5.58
Vested	(394,938	)	2.94
Unvested restricted stock units at December 31, 2013	772,016		5.35