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Share-based Compensation
9 Months Ended
Sep. 30, 2012
Share-based Compensation [Abstract]  
Share-based Compensation

9. Share-based Compensation

The Company recognized share-based compensation expense of $0.3 million and $0.2 million for the three months ended September 30, 2012 and 2011 and $0.7 million and $1.1 million for the nine months ended September 30, 2012 and 2011. Share-based compensation expense by category totaled the following (in thousands):

 

                                 
    Three Months Ended September 30,     Nine Months Ended September 30,  
    2012     2011     2012     2011  

Cost of product and contract manufacturing revenue

  $ 25     $ 0     $ 49     $ 0  

Research and development

    65       0       116       0  

Selling, general and administrative

    214       188       581       475  

Restructuring charges

    0       0       0       583  
   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 304     $ 188     $ 746     $ 1,058  
   

 

 

   

 

 

   

 

 

   

 

 

 

As of September 30, 2012, there was $2.1 million of total unrecognized compensation expense related to unvested share-based compensation arrangements granted under the Company’s equity incentive plans. All employees with outstanding unvested options that became employees of DSM as part of the sale of the oilseed processing business had their unvested options cancelled. The remaining expense attributed to existing outstanding unvested options is expected to be recognized over a weighted average period of 1.7 years as follows (in thousands):

 

         

Fiscal Year 2012 (October 1, 2012 to December 31, 2012)

  $ 311  

Fiscal Year 2013

    980  

Fiscal Year 2014

    504  

Fiscal Year 2015

    216  

Thereafter

    85  
   

 

 

 
    $ 2,096