XML 77 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Share-Based Compensation and Warrants (Tables)
6 Months Ended
Jun. 30, 2014
Summary of Stock Option

The following table summarizes stock option activity under the 2008 Long-Term Incentive Plan and the 2000 Equity Incentive Plan for the six months ended June 30, 2014:

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

Weighted

 

 

Remaining

 

 

 

 

 

 

 

Average

 

 

Contractual

 

 

 

Options

 

 

Exercise Price

 

 

Life (Years)

 

Outstanding at December 31, 2013

 

 

548,566

 

 

$

58.22

 

 

 

 

 

Granted

 

 

—

 

 

 

—

 

 

 

 

 

Exercised

 

 

—

 

 

 

—

 

 

 

 

 

Outstanding at June 30, 2014

 

 

548,566

 

 

$

58.22

 

 

 

7.25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at June 30, 2014

 

 

352,061

 

 

$

45.10

 

 

 

6.50

 

 

Summary of Fair Value Option Assumption

The fair values of option awards granted during the periods presented were estimated at the grant date using a Black-Scholes option pricing model with the following assumptions: 

 

 

 

2013

 

 

2014

Expected volatility

 

54.06% - 55.44%

 

 

n/a

Risk-free interest rate

 

0.91% - 1.10%

 

 

n/a

Expected life (in years)

 

5.19 - 6.00

 

 

n/a

Expected dividend yield

 

 

0.00%

 

 

n/a