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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2018
Stock-based compensation  
Schedule of stock-based compensation expense recognized for stock options, stock awards, restricted stock units and the Company's employee stock purchase program (ESPP)

The following table presents stock-based compensation expense recognized for stock options, stock awards, restricted stock units, performance-based restricted stock units and the Company’s Employee Stock Purchase Program (ESPP) in the Company’s Condensed Consolidated Statements of Operations (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

    

2018

    

2017

    

2018

    

2017

 

Cost of sales

 

$

16

 

$

39

 

$

30

 

$

75

 

Research and development expense

 

 

14

 

 

260

 

 

67

 

 

607

 

Selling, general and administrative expense

 

 

2,940

 

 

3,104

 

 

4,849

 

 

6,277

 

Restructuring charges

 

 

2,300

 

 

 —

 

 

2,558

 

 

 —

 

Total

 

$

5,270

 

$

3,403

 

$

7,504

 

$

6,959

 

 

Performance-based Restricted Stock Units | The 2014 Plan  
Stock-based compensation  
Schedule of restricted stock units

The following table summarizes the PSU activity for the six months ended June 30, 2018 under the 2014 Plan (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

Weighted

 

 

 

 

 

 

 

 

Average

 

Average

 

 

 

 

 

 

 

 

Grant Date

 

Remaining

 

 

 

 

 

 

 

Fair 

 

Contractual

 

 

Aggregate

 

 

 

Number of

 

Value

 

Term

 

 

Intrinsic

 

 

    

Shares

    

Per Share

    

(in years)

 

 

Value

 

 

    

    

    

 

 

    

    

 

 

 

 

Non-vested performance-based restricted stock units at December 31, 2017

 

 —

 

$

 —

 

 

 

 

 

 

Granted

 

436,024

 

 

10.13

 

 

 

 

 

 

Vested

 

 —

 

 

 —

 

 

 

 

 

 

Forfeited

 

(36,800)

 

 

10.04

 

 

 

 

 

 

Non-vested performance-based restricted stock units at June 30, 2018

 

399,224

 

$

10.14

 

2.61

 

$

2,663