Stock Incentive Plans (Tables)

9 Months Ended

Sep. 30, 2014

Summary of Activity of Stock Incentive and Equity Plans

The following table summarizes the activity of the stock incentive and equity plans as of September 30, 2014 and changes during the nine 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		(367,225	)		339,300			5.49		27,925			—
Exercised		—			(47,654	)		5.37		—			—
Cancelled/forfeited		196,719			(193,831	)		17.29		(20,911	)		(2,907	)
At September 30, 2014		2,069,597			2,023,885		$	11.01		140,653			43,034

Summary of Non-vested Options

A summary of the Company’s non-vested options during the nine month period ended September 30, 2014 is presented below:

	Options			Weighted- average exercise price
Non-vested at January 1, 2014		326,259		$	14.26
Granted		339,300			5.49
Vested		(91,940	)		19.48
Forfeited		(85,703	)		13.05
Non-vested at September 30, 2014		487,916		$	7.39

Restricted Stock Units [Member]

Analysis of Restricted Stock Issued

An analysis of RSUs issued is as follows:

Non-vested restricted stock units as of December 31, 2013	45,941
Forfeited	(2,907	)
Non-vested restricted stock units as of September 30, 2014	43,034

Restricted Stock [Member]

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	(36,311	)
Forfeited	(20,911	)
Non-vested restricted stock as of September 30, 2014	24,417