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Stock Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Weighted Average Assumptions Relevant to Determining the Fair Value at the Dates of Grant

The weighted average assumptions relevant to determining the fair value at the dates of grant are below:

 

     2013     2012     2011  

Term

      6 years        6 years        6 years   

Risk free interest rate

      0.87 %      1.16 %      1.72 % 

Dividend yield

      0.00 %      0.00 %      0.00 % 

Expected volatility

      57.00 %      50.51 %      42.10 % 

Expected forfeiture rate

      3.00 %      3.00 %      5.00 % 
Reconciliation of Option Activity

The following table provides a reconciliation of option activity for the year ended December 31, 2013:

 

Options

    Shares
(000’s)		     Weighted-
Average
Exercise
Price		      Weighted-
Average
Remaining
Contractual
Term		      Aggregate
Intrinsic
Value
($000)		  

Outstanding at January 1, 2013

      1,384      $ 9.94         

Granted

      354      $ 9.81         

Exercised

      (496 )    $ 8.10         

Forfeited or expired

      (9 )    $ 9.36         
  

 

 

          

Outstanding at December 31, 2013

      1,233      $ 10.65         6.5       $ 11,762  (1) 
  

 

 

    

 

 

     

 

 

     

 

 

  

Exercisable at December 31, 2013

      687      $ 11.22         4.6       $ 6,168  (1) 
  

 

 

    

 

 

     

 

 

     

 

 

  

 

(1)  The intrinsic value is the amount by which the market price of our stock was greater than the exercise price of any individual option grant at December 31, 2013.