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Stock Plans (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Activity

The following table summarizes the option activity for each of the years ended December 31, 2016 and 2015 under the 2004 Plan:

 

 

Number

of Shares

 

 

Weighted-

Average Exercise Price Per

Share

 

 

Aggregate

Intrinsic

Value

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Outstanding as of December 31, 2014

 

 

10,958

 

 

$

40.58

 

 

 

 

 

Exercised

 

 

 

 

$

 

 

 

 

 

Expired

 

 

(41

)

 

$

40.58

 

 

 

 

 

Outstanding as of December 31, 2015

 

 

10,917

 

 

$

40.58

 

 

 

 

 

Exercised

 

 

 

 

$

 

 

 

 

 

Expired

 

 

 

 

$

 

 

 

 

 

Cancelled

 

 

(291

)

 

$

40.58

 

 

 

 

 

Outstanding as of December 31, 2016

 

 

10,626

 

 

$

40.58

 

 

$

 

Vested and exercisable as of December 31, 2016

 

 

10,626

 

 

$

40.58

 

 

$

 

Weighted-average years remaining on contractual life

 

 

1.25

 

 

 

 

 

 

 

 

 

Unrecognized compensation cost related to non-vested stock

   options

 

$

 

 

 

 

 

 

 

 

 

The following table summarizes the option activity for each of the years ended December 31, 2016 and 2015 under the 2014 Plan:

 

 

Number of

Shares

 

 

Weighted-

Average Exercise

Price Per

Share

 

 

Aggregate

Intrinsic

Value

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Outstanding as of December 31, 2014

 

 

900,117

 

 

$

4.34

 

 

 

 

 

Granted

 

 

730,500

 

 

$

5.69

 

 

 

 

 

Exercised

 

 

(9,857

)

 

$

4.34

 

 

 

 

 

Cancelled

 

 

 

 

$

 

 

 

 

 

Outstanding as of December 31, 2015

 

 

1,620,760

 

 

$

4.95

 

 

 

 

 

Granted

 

 

1,156,500

 

 

$

7.77

 

 

 

 

 

Exercised

 

 

(84,428

)

 

$

4.71

 

 

 

 

 

Cancelled

 

 

(28,000

)

 

$

6.79

 

 

 

 

 

Outstanding as of December 31, 2016

 

 

2,664,832

 

 

$

6.16

 

 

$

2,064

 

Vested and exercisable as of December 31, 2016

 

 

820,884

 

 

$

4.97

 

 

$

930

 

Weighted-average years remaining on contractual life

 

 

8.59

 

 

 

 

 

 

 

 

 

Unrecognized compensation cost related to non-vested stock

   options

 

$

7,692