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STOCK INCENTIVE PLANS (Tables)
3 Months Ended
Mar. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Activity of Stock Incentive and Equity Plans

The following table summarizes the activity of the stock incentive and equity plans as of March 31, 2014 and changes during the three months then ended:

 

 

     Shares
available
for grant
    Number of
options
outstanding
    Weighted-
average option
exercise price
     Number of
restricted
stock and
board
shares
issued
     Number of
restricted
stock units
outstanding
 

At January 1, 2014

     2,240,103        1,926,070      $ 12.46         59,932         45,941   

Granted

     (39,925     12,000        9.95         27,925         —    

Exercised

     —         (47,654     5.37         —          —    

Cancelled/forfeited

     28,626        (28,645     17.35         —          —    
  

 

 

   

 

 

      

 

 

    

 

 

 

At March 31, 2014

     2,228,804        1,861,771      $ 12.56         87,857         45,941   
  

 

 

   

 

 

      

 

 

    

 

 

 
Summary of Non-vested Options

A summary of the Company’s non-vested options during the three month period ended March 31, 2014 is presented below:

 

     Options     Weighted-
average
exercise
price
 

Non-vested at January 1, 2014

     372,507      $ 13.57   

Granted

     12,000        9.95   

Vested

     (22,125     22.93   

Forfeited

     (24,664     17.52   
  

 

 

   

 

 

 

Non-vested at March 31, 2014

     337,718      $ 12.54   
  

 

 

   

 

 

 
Analysis of Restricted Stock Issued

An analysis of restricted stock issued is as follows:

 

Non-vested restricted stock as of January 1, 2014

     53,714   

Granted

     27,925   

Vested

     (6,664
  

 

 

 

Non-vested restricted stock as of March 31, 2014

     74,975