Stock-Based Compensation

6 Months Ended

Jun. 30, 2011

Stock-Based Compensation [Abstract]

Stock-Based Compensation

2. Stock-Based Compensation

Stock-based compensation expense for employees and directors for the three and six months ended June 30, 2011 and 2010, was as follows:

	Three Months Ended  June 30,						Six Months Ended June 30,
(In thousands)	2011			2010			2011			2010
General and administrative expenses	$	74		$	171		$	124		$	359
Income tax effect		(26	)		(60	)		(43	)		(126	)
Stock-based compensation expense included in net income	$	48		$	111		$	81		$	233

During the three months ended June 30, 2011, 43,000 fully vested stock options with an average price of $20.67 expired unexercised. Also in the three months ended June 30, 2011, the company issued 114,807 shares of restricted stock to its employees and members of the board of directors.