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STOCK INCENTIVE PLANS (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2014 and changes during the six 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         133,639         45,941   

Granted

     (47,725     19,800        10.48         27,925         —    

Exercised

     —         (47,654     5.37         —          —    

Cancelled/forfeited

     115,501        (112,613     19.62         —          (2,907 )
  

 

 

   

 

 

      

 

 

    

 

 

 

At June 30, 2014

     2,307,879        1,785,603      $ 12.19         161,564         43,034   
  

 

 

   

 

 

      

 

 

    

 

 

 
Summary of Non-vested Options

A summary of the Company’s non-vested options and restricted stock units during the six month period ended June 30, 2014 is presented below:

 

     Options     Weighted-
average

exercise
price
 

Non-vested at January 1, 2014

     372,507      $ 13.57   

Granted

     19,800        10.48   

Vested

     (81,853     20.15   

Forfeited

     (53,848     15.98   
  

 

 

   

 

 

 

Non-vested at June 30, 2014

     256,606      $ 10.72   
  

 

 

   

 

 

 
Analysis of Restricted Stock Issued

An analysis of restricted stock issued is as follows:

 

Non-vested restricted stock as of December 31, 2013

     53,714   

Granted

     27,925   

Vested

     (29,330
  

 

 

 

Non-vested restricted stock as of June 30, 2014

     52,309