Need help with this.

I've got a clip-art type picture that I am trying to alter. It is a picture of aperture blades that I want to use for my watermark. The problem is that the logo is just too...thick. Basically it's like I have a thick donut, and I want to turn it into a thinner donut. I want to make the "hole" of the "donut" bigger, without losing any of the outer part, but just compress it. I have Photoshop CS6, and I know there has got to be a way to do this, but I can't quite figure it out!

This is probably confusing, let me know if I need to clarify more.

Here's the pic.

Re-draw it the way you want.
Good time to get to know shapes and the pen tool

http://helpx.adobe.com …using/drawing-shapes.html
http://www.melissaevan​s.com …o-use-photoshops-pen-tool
http://www.photoshopes​sentials.com/basics/cu​stom-shapes/
http://planetphotoshop​.com/cs6-vector-tools.html

Is this what you mean?

MrGman65 wrote in post #15964029
Is this what you mean?

Yes that looks like just what I'm looking for. Did you edit in PS?

Davidmtml,
Yes, I edited in Photoshop. I used a circle selection and cut out the inside circle, then pasted it back in and scaled it to a larger size. Then reselected the area and erased the new layer what was outside the original circle. This left me with the revised center.
G.
PS: If you want it to look exactly like the original, you could create a new circle selection and use the stroke command to create a circular line just inside the two outer circles, and then erase the parts you don't need.