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Stock Option Plan (Tables)
12 Months Ended
Dec. 31, 2017
Text Block [Abstract]  
Transaction under Stock Option Plan

Transactions under the 2012 Plan for the years ending December 31, 2017, 2016, and 2015 were as follows:

 

(in thousands, except share and per share data)    Number of
Shares
    Weighted-
Average Exercise
Price
     Weighted-
Average
Contractual
Term (Years)
     Aggregate
Intrinsic Value
 

Outstanding, December 31, 2014

     6,505,663     $ 4.07        

Granted

     427,800       10.47        

Exercised

     (3,249,160     3.95        

Cancelled

     (202,835     4.36        
  

 

 

   

 

 

       

Outstanding, December 31, 2015

     3,481,468       4.96        

Granted

     362,800       6.40        

Exercised

     (234,833     4.57        

Cancelled

     (144,100     6.43        
  

 

 

   

 

 

       

Outstanding, December 31, 2016

     3,465,335       5.07        

Granted

     688,800       5.27        

Exercised

     (180,000     3.67        

Cancelled

     (122,000     6.64        
  

 

 

   

 

 

       

Outstanding, December 31, 2017

     3,852,135     $ 5.12        6.47      $ 1,152  
  

 

 

   

 

 

    

 

 

    

 

 

 

Options exercisable, December 31, 2017

     2,925,502     $ 5.12        5.58      $ 1,152  
  

 

 

   

 

 

    

 

 

    

 

 

 

Options exercisable, December 31, 2016

     2,671,835     $ 4.40        5.88      $ 3,383  
  

 

 

   

 

 

    

 

 

    

 

 

 

Options available for future grant at December 31, 2017

     303,928          
  

 

 

         
Summary of Non-Vested Restricted Stock

A summary of the status of non-vested restricted stock as of December 31, 2017, 2016 and 2015 is as follows:

 

     Number of Shares      Weighted-Average
Grant Date Fair Value
 

Non-vested, December 31, 2014

     144,508      $ 4.70  

Granted

     1,590,574        9.01  

Vested

     (148,694      4.88  

Cancelled

     —          —    
  

 

 

    

 

 

 

Non-vested, December 31, 2015

     1,586,388        9.00  

Granted

     711,770        5.35  

Vested

     (617,666      8.90  

Cancelled

     —          —    
  

 

 

    

 

 

 

Non-vested, December 31, 2016

     1,680,492        7.49  

Granted

     907,032        4.14  

Vested

     (778,965      7.66  

Cancelled

     —          —    
  

 

 

    

 

 

 

Non-vested, December 31, 2017

     1,808,559      $ 5.74