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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2012
Weighted-Average Assumptions of Options and Warrants for All Years

The fair value for these options and warrants for all years was estimated at the date of grant using a Black-Scholes option-pricing model with the following weighted-average assumptions:

 

Expected Volatility

     30 - 50

Expected Dividend Yield

     0

Expected Life (Term)

     3 - 7 years   

Risk-Free Interest Rate

     3.00 - 4.75
Summary of Stock Options Activity and Related Information

Summaries of the Company’s stock options, warrants (other than warrants issued related to our 1.875% Convertible Notes and 2.50% Convertible Notes) and performance related options activity, and related information for the Current Quarter are as follows:

 

Options

       Options            Weighted-Average  
Exercise Price
 

Outstanding at January 1, 2012

     1,711,008       $ 5.42   

Granted

     -         -   

Canceled

     -         -   

Exercised

     (266,858      2.84   

Expired/Forfeited

     -         -   
  

 

 

    

 

 

 

Outstanding at September 30, 2012

     1,444,150       $ 5.90   
  

 

 

    

 

 

 

Exercisable at September 30, 2012

     1,444,150       $ 5.90   
  

 

 

    

 

 

 
Summary of Warrants and Related Information

Warrants

 

         Warrants            Weighted-Average  
Exercise Price
 

Outstanding at January 1, 2012

     197,250       $ 19.39   

Granted

     -         -   

Canceled

     -         -   

Exercised

     -         -   

Expired/Forfeited

     -         -   
  

 

 

    

 

 

 

Outstanding at September 30, 2012

     197,250       $ 19.39   
  

 

 

    

 

 

 

Exercisable at September 30, 2012

     197,250       $ 19.39   
  

 

 

    

 

 

 
Summary of Unvested Restricted Stock

The following tables summarize information about unvested restricted stock transactions:

 

             Shares              Weighted-Average
Grant Date Fair Value
 

Non-vested, January 1, 2012

     2,937,255       $ 18.61   

Granted

     40,319         16.42   

Vested

     (134,759 )      17.07   

Forfeited/Canceled

     -         -   
  

 

 

    

 

 

 

Non-vested, September 30, 2012

     2,842,815       $ 18.95