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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Fair Values of Options Granted Estimated Using Weighted-Average Assumptions

The Company uses the Black-Scholes option pricing model to calculate the grant-date fair value of an award. The Company calculated the fair values of the options granted using the following estimated weighted-average assumptions:

 

     Years Ended December 31,
     2013   2012   2011

Expected volatility

   67%   88%   79%-81.4%

Expected term

   5 years   5 years   6.25 years

Risk-free interest rate

   0.58%   0.36%   0.9%-2.3%

Expected dividend yield

   —%   —%   —%

Weighted-average grant date fair value per share

   $3.89   $3.63   $4.72
Summary of Stock Option Activity under Company's Stock Option Plan

A summary of the stock option activity under the Company’s stock option plan for the year ended December 31, 2013 is presented below:

 

    Options
Outstanding
    Weighted-Average
Exercise
Price Per Share
    Weighted-Average
Remaining
Contractual
Term
in Years
    Aggregate
Intrinsic
Value
 

Options outstanding at December 31, 2012

    5,486,687      $ 6.88       

Granted

    10,000        7.03       

Exercised

    (566,838     2.75       

Forfeited

    (33,125     6.44       

Canceled

    (429,476     7.98       
 

 

 

       

Options outstanding at December 31, 2013

    4,467,248      $ 7.30        3.4      $ 2,416   
 

 

 

       

Options exercisable at December 31, 2013

    4,427,873      $ 7.30        3.3      $ 2,411   
 

 

 

       

Options vested or expected to vest at December 31, 2013(1)

    4,462,875      $ 7.30        3.4      $ 2,415   
 

 

 

       

 

(1) In addition to the vested options, the Company expects a portion of the unvested options to vest at some point in the future. Options expected to vest is calculated by applying an estimated forfeiture rate to the unvested options.
Summary of Restricted Stock Award Activity under 2007 Stock Plan

A summary of the restricted stock award activity under the 2007 Plan for the year ended December 31, 2013 is presented below:

 

    Shares     Weighted-Average
Grant Date
Fair Value
Per Share
    Aggregate
Intrinsic
Value
 

Nonvested outstanding at December 31, 2012

    2,992,187      $ 5.16     

Granted

    864,695        5.63     

Vested

    (949,382     5.28     

Forfeited

    (130,000     5.30     
 

 

 

     

Nonvested outstanding at December 31, 2013

    2,777,500      $ 5.26      $ 19,054