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Share-Based Payments (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Award Activity

 These awards are included within the following table which summarizes the activity of the 2007 Plan and the 2013 Plan for the year ended December 31, 2013. Also included in the following table are 313,634 of options subject to performance conditions deemed not probable of achievement as of December 31, 2013: 


     Number of
Stock
Options
    Weighted-
Average
Exercise
Price
     Weighted-
Average
Remaining
Contractual
Term
(in years)
     Aggregate
Intrinsic
Value (in
thousands)
 

Outstanding at December 31, 2012

     3,145,544      $ 0.88         7.72       $ 15,402   

Granted

     986,294            13.59         

Exercised

     (237,565 )     0.63         

Forfeited/Expired

     (48,105 )     1.99         
  

 

 

   

 

 

    

 

 

    

 

 

 

Outstanding at December 31, 2013

     3,846,168      $ 4.14                   7.43       $     76,189   
  

 

 

   

 

 

    

 

 

    

 

 

 

Exercisable at December 31, 2013

       2,161,333      $ 0.61         6.34       $ 50,443   
  

 

 

         

Vested and expected to vest at December 31, 2013

     3,278,066      $ 3.33         7.15       $ 67,604   
  

 

 

         
Restricted Stock Activity

Restricted stock activity for the year ended December 31, 2013 is summarized as follows:

 

Unvested shares at December 31, 2012

     160,053   

Granted

     —     

Vested

     (136,758 )

Forfeited

     —    
  

 

 

 

Unvested shares at December 31, 2013

     23,295   
  

 

 

 
Schedule of Fair Value Option Award Weighted Average Assumptions Used

 The following table summarizes the weighted average assumptions used in calculating the fair value of the awards:

 

     Years Ending December 31,  
     2013     2012     2011  

Risk-free interest rate

             1.31 %             1.09 %             1.97 %

Expected dividend yield

     —         —         —    

Expected term (in years)

     6.42        6.08        6.09   

Expected volatility

     92.49 %     97.75 %     98.60 %