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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity
The table below summarizes the stock-based compensation recognized, common stock shares purchased by Company employees, and the average purchase price per share as part of the ESPP program during the years ended December 31, 2014, 2013, and 2012.
 
Year Ended December 31,
 
2014
 
2013
 
2012
Stock-based compensation expense
$
841


$
750


$
759

Common stock shares purchased by Company employees
254


216


224

Average purchase price per share
$
10.26


$
11.48


$
10.59

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Stock-based compensation expense included in cost of goods sold and operating expenses for years ended December 31, 2014, 2013, and 2012 was as follows:

Year Ended December 31,

2014

2013

2012
Cost of goods sold
$
857


$
680


$
597

Operating expenses:








Research and development
770


486


1,336

Clinical and regulatory affairs
644


1,169


320

Marketing and sales
2,533


3,117


1,558

General and administrative
3,063


2,470


2,641

Total operating expenses
$
7,010


$
7,242


$
5,855










Total
$
7,867


$
7,922


$
6,452

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of stock options granted was estimated at the date of grant using the Black-Scholes option-pricing model. The following assumptions were used to determine fair value for the stock awards granted in the applicable year:

Year Ended December 31,

2014

2013

2012
Average expected option life (in years) (a)
5.5

5.6

6.0
Volatility (b)
54.0%

54.0%

55.8%
Risk-free interest rate (c)
1.8%

1.7%

1.0%
Dividend Yield (d)
—%

—%

—%
Weighted-average grant-date fair value per stock option
$6.22

$7.41

$6.90
(a) Determined by the historical stock option exercise behavior of the Company's employees (maximum term is 10
years).
(b) Measured using weekly price observations for a period equal to stock options' expected term.
(c) Based upon the U.S. Treasury yields in effect (for a period equaling the stock options' expected term).
(d) The Company has never paid cash dividends on its common stock and does not expect to declare any cash dividends.
Schedule of Share-based Compensation, Stock Options, Activity
Stock option activity during the year ended December 31, 2014 is as follows:
 
Number of
Stock Options

Weighted
Average
Exercise Price

Weighted-
Average
Remaining
Contractual
Life (Years)

Aggregate Intrinsic Value
Outstanding — January 1, 2014
4,370,826

$7.60





Granted
1,418,087

13.37





Exercised
(314,563)

5.65


(a)
$
2,622

Forfeited
(208,014)

12.16





Expired
(20,024)

13.84





Outstanding — December 31, 2014
5,246,312

$9.07

6.4
(b)
$
32,829

Vested and Expected to Vest — December 31, 2014
4,795,880

$8.65

6.2
(b)
$
31,978

Vested — December 31, 2014
3,070,114

$6.22

4.9
(b)
$
27,878


(a) Represents the total difference between the Company's stock price at the time of exercise and the stock option exercise price, multiplied by the number of options exercised.
(b) Represents the total difference between the Company's closing stock price on the last trading day of period reported on and the stock option exercise price, multiplied by the number of in-the-money options as of the period reported on. The amount of intrinsic value will change based on the fair market value of the Company's stock.
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
The following table summarizes information regarding outstanding stock option grants as of December 31, 2014:
 
 
Outstanding

Exercisable
Range of Exercise Prices
 
Granted
Stock Options
Outstanding

Weighted-
Average
Remaining
Contractual
Life (Years)

Weighted-
Average
Exercise
Price

Granted
Stock Options
Exercisable

Weighted-
Average
Exercise
Price
$
1.64

$
2.94

 
724,715

3.3

$
2.58


724,715

$
2.58

2.95

4.41

 
837,352

4.0

3.94


837,352

3.94

4.42

7.25

 
657,217

5.1

5.34


573,634

5.10

7.26

11.62

 
670,785

6.7

9.41


424,706

9.14

11.63

13.16

 
171,048

8.1

12.23


43,674

12.37

13.17

13.24

 
879,833

9.3

13.17


108,918

13.18

13.25

14.15

 
654,188

8.3

13.81


202,493

13.84

14.16

17.86

 
651,174

8.3

15.18


154,622

15.09

$
1.64

$
17.86

 
5,246,312

6.4

$
9.07


3,070,114

$
6.22

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table summarizes activity and related information for the Company's restricted stock awards:

Number of
Restricted Stock Awards(2)

Weighted Average
Fair
Value per Share at Grant Date

Grant Date Fair Value

Vest Date Fair Value(1)
Unvested as of December 31, 2013
947,594


$
10.54







Granted
306,119


13.25


$
4,056




Forfeited
(43,416
)

12.62







Vested
(537,990
)

10.39





$
7,619

Unvested as of December 31, 2014
672,307


$
11.76