Share-based Compensation (Tables)

6 Months Ended

Jun. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation Expense

Pre-tax share-based compensation expense reported in the Company’s condensed consolidated statements of operations was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
	(in thousands)
Cost of sales	$	111	$	123	$	200	$	251
Selling general and administrative expenses	1,225		2,949		3,745		5,647
Total share-based compensation expense	$	1,336	$	3,072	$	3,945	$	5,898

Stock Option Activity

Stock option activity during the six months ended June 30, 2017 was:

	Number of Options
Outstanding December 31, 2016	518,252
Granted	200,000
Exercised	—
Forfeited or expired	(113,450	)
Outstanding June 30, 2017	604,802

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The grant date fair value of options granted during the three months ended June 30, 2017 was estimated using a Black-Scholes option pricing model and the following assumptions:

	Three Months Ended June 30,
	2017
Risk free rate	1.76	%
Dividend yield	—	%
Volatility	40.7	%
Expected term (years)	4

Schedule Of Restricted Stock Award And Restricted Stock Unit Activity

RSA and RSU activity during the six months ended June 30, 2017 was:

	Restricted Stock Awards				Restricted Stock Units
	Shares		Weighted Average Grant Date Fair Value		Shares		Weighted Average Grant Date Fair Value
Unvested at December 31, 2016	11,430		$	10.28	3,855,368		$	10.31
Granted	35,114		6.84		2,399,876		6.80
Vested	(11,430	)	10.28		(652,076	)	10.69
Forfeited	—		—		(1,663,792	)	9.64
Unvested at June 30, 2017	35,114		$	6.84	3,939,376		$	8.39