Annual report pursuant to Section 13 and 15(d)

STOCK OPTION PLANS (Tables)

v2.4.1.9
STOCK OPTION PLANS (Tables)
12 Months Ended
Dec. 31, 2014
Equity Incentive Plan 2005 [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summarized information of stock options
Summarized information for the 2005 Equity Incentive Plan is as follows:

   
 
 
 
Options
   
Weighted-
average
exercise
price
 
Outstanding options at January 1, 2013
   
53,275
   
$
68.00
 
Expired/forfeited
   
(21,991
)
   
87.50
 
Exercised
   
(2,500
)
   
11.50
 
Outstanding options at December 31, 2013
   
28,784
     
59.00
 
Granted, fair value of $14.50 per share
   
212,500
     
18.50
 
Expired/forfeited
   
(31,200
)
   
37.61
 
Outstanding options at December 31, 2014
   
210,084
     
20.29
 
                 
Exercisable at December 31, 2014
   
65,034
     
27.20
 
Information regarding options outstanding by range of exercise prices
Further information regarding options outstanding under the 2005 Equity Incentive Plan at December 31, 2014 is summarized below:

   
Number of
   
Weighted average
   
Number of
   
Weighted-average
 
Range of exercise prices
 
options
outstanding
   
Remaining
life in years
   
Exercise
price
   
options
exercisable
   
Remaining
life in years
   
Exercise
price
 
                         
$11.50 - 18.50
   
200,000
     
8.7
   
$
18.33
     
54,950
     
8.5
   
$
17.86
 
$30.50 - 42.50
   
4,000
     
5.1
   
$
32.19
     
4,000
     
5.1
   
$
32.19
 
$69.00
   
1,400
     
5.0
   
$
69.00
     
1,400
     
5.0
   
$
69.00
 
$113.50 – 157.50
   
4,684
     
6.5
   
$
119.99
     
4,684
     
6.5
   
$
119.99
 
     
210,084
                     
65,034
                 
Stock Awards Plan 1995 [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summarized information of stock options
Summarized information for the 1995 Stock Awards Plan is as follows:

   
 
 
 
Options
   
Weighted-
average
exercise
price
 
Outstanding options at January 1, 2013
   
790
   
$
793.50
 
Expired
   
(690
)
   
760.50
 
Outstanding options at December 31, 2013
   
100
     
1,022.50
 
                 
Expired
   
(50
)
   
1,425.00
 
Outstanding options at December 31, 2014
   
50
     
620.00
 
                 
Exercisable at December 31, 2014
   
50
     
620.00
 
Information regarding options outstanding by range of exercise prices
Further information regarding options outstanding under the 1995 Stock Awards Plan at December 31, 2014 is summarized below:
 
   
Number of
   
Weighted average
   
Number of
   
Weighted-average
 
Range of exercise prices
 
Options
outstanding
   
Remaining
life in years
   
Exercise
price
   
options
exercisable
   
Remaining
life in years
   
Exercise
price
 
                         
$620.00
   
50
     
1.0
   
$
620.00
     
50
     
1.0
   
$
620.00