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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