XML 40 R32.htm IDEA: XBRL DOCUMENT v3.2.0.727
Stock options, restricted stock and performance stock options (Tables)
6 Months Ended
Jun. 30, 2015
Stock options, restricted stock and performance stock options  
Schedule of weighted-average key assumptions used in determining fair value of options granted

 

 

 

Three Months

 

Six Months

 

 

 

Ended June 30,

 

Ended June 30,

 

 

 

2015

 

2015

 

 

 

 

 

 

 

Estimated dividend yield

 

%

%

Expected stock price volatility

 

60 

%

60 

%

Weighted-average risk-free interest rate

 

1.70 

%

1.67 

%

Expected life of option in years

 

 

 

Weighted-average option fair value at grant

 

$

5.568 

 

$

5.235 

 

 

Summary of outstanding and exercisable options

 

 

 

 

 

 

Weighted-

 

 

 

 

 

Number of

 

Average

 

Intrinsic

 

 

 

Options

 

Exercise Price

 

Value

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2014

 

511,775

 

$

3.684

 

$

2,883

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at December 31, 2014

 

150,109

 

$

1.467

 

$

1,179

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

271,661

 

10.096

 

 

 

Exercised

 

(4,443

)

0.877

 

 

 

Expired, forfeited or cancelled

 

(2,083

)

3.689

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2015

 

776,910

 

$

5.942

 

$

5,359

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at June 30, 2015

 

177,200

 

$

1.716

 

$

1,971