XML 18 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Stock-based compensation expense before income taxes for the three and nine-month periods ended September 30, 2013 and 2012 consisted of the following (in thousands):

 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2013
 
2012
 
2013
 
2012
Cost of goods sold
$
18

 
$
49

 
$
98

 
$
190

Research and development
20

 
26

 
69

 
93

Selling, general, and administrative
251

 
354

 
905

 
1,171

Stock-based compensation expense before income taxes
$
289

 
$
429

 
$
1,072

 
$
1,454



Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
During the three and nine-month periods ended September 30, 2013, we granted awards representing 172,500 and 347,500 shares, respectively, of our common stock. During the three and nine-month periods ended September 30, 2012, we granted awards representing 7,500 and 127,500 shares of common stock, respectively. We use the Black-Scholes methodology to value stock-based compensation expense for options. In applying the Black-Scholes methodology to our outstanding option grants, we used the following assumptions:

 
Nine Months Ended
 
September 30,
 
2013
 
2012
Risk-free interest rate
0.65% - 1.16%
 
0.54% - 0.95%
Expected option life
4.2 - 6.0 years
 
4.2 - 6.0 years
Expected dividend yield
 
Expected price volatility
34.08% - 41.67%
 
42.01% - 44.56%