Quarterly report pursuant to sections 13 or 15(d)

Capital Stock and Stock Options (Tables)

v2.4.0.6
Capital Stock and Stock Options (Tables)
9 Months Ended
Sep. 30, 2012
Capital Stock and Stock Options [Abstract]  
Summary of total Stock Options
The summary of activity of the Company's total stock options under the Company's Stock Plans and a Non-Qualified Stock Option Agreement as of September 30, 2012 as compared to September 30, 2011, and changes during the periods then ended, are presented below.  The Company's Plans consist of the 1993 Non-Qualified Stock Option Plan, the 2004 and 2010 Stock Option Plans, and the 1992 and 2003 Outside Directors Stock Plans:
 
Shares
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term
 
Aggregate Intrinsic Value
Options outstanding Janury 1, 2012
3,039,833
$
1.98
 
 
 
Granted
60,000
1.10
 
 
 
Exercised
-
-
 
$
-
Forfeited/Expired
(425,333
)
1.90
 
 
Options outstanding End of Period (1)
2,674,500
1.97
3.7
$
-
Options Exercisable at September 30, 2012(2)
2,164,500
$
2.10
2.8
$
-
Options Vested and expected to be vested at September 30, 2012
2,674,500
$
1.97
3.7
$
-
 
Shares
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term
 
Aggregate Intrinsic Value
Options outstanding Janury 1, 2011
2,755,525
$
2.09
Granted
390,000
1.53
Exercised
-
-
$
-
Forfeited/Expired
(303,692
)
1.84
Options outstanding End of Period (3)
2,841,833
2.04
3.4
$
-
Options Exercisable at September 30, 2011 (4)
2,365,166
$
2.13
2.9
$
-
Options Vested and expected to be vested at September 30, 2011
2,841,833
$
2.04
3.4
$
-
(1) Options with exercise prices ranging from $1.10 to $2.95
 
(2) Options with exercise prices ranging from $1.41 to $2.95
(3) Options with exercise prices ranging from $1.41 to $2.98
 
(4) Options with exercise prices ranging from $1.42 to $2.98