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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2013
STOCK-BASED COMPENSATION  
Schedule of stock options activity

 

 

 

Options Outstanding

 

 

 

Number
of
Shares

 

Weighted
Average
Exercise
Price

 

Weighted
Average
Remaining
Contractual
Term

(in years)

 

Weighted
Average
Grant
Date
Fair Value

 

Aggregate
Intrinsic
Value(1)

 

Balance at December 31, 2012

 

3,929,910

 

$

9.03

 

7.75

 

$

3.84

 

$

(26,959

)

Options granted

 

 

$

 

 

$

 

$

 

Exercised

 

 

$

 

 

$

 

$

 

Canceled/forfeited

 

 

$

 

 

$

 

$

 

Balance at March 31, 2013

 

3,929,910

 

$

9.03

 

7.50

 

$

3.84

 

$

(26,959

)

Vested and exercisable as of March 31, 2013

 

2,651,513

 

$

11.37

 

6.63

 

$

4.59

 

$

(24,394

)

Vested and exercisable as of March 31, 2013 and expected to vest thereafter

 

3,929,910

 

$

9.03

 

7.50

 

$

3.84

 

$

(26,959

)

 

(1) The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the closing stock price of $2.17 of the Company’s common stock on March 28, 2013.

Summary of restricted common stock activity

 

 

 

Unvested
Restricted Shares

 

 

 

Number of
Shares

 

Weighted
Average
Grant
Date
Fair Value

 

Unvested at December 31, 2012

 

128,060

 

$

7.46

 

Granted

 

 

$

 

Vested

 

(4,626

)

$

8.11

 

Canceled

 

 

$

 

Unvested at March 31, 2013

 

123,434

 

$

7.44

 

Expected to vest after March 31, 2013

 

123,434

 

$

7.44

Schedule of stock-based compensation expense

 

 

 

Three Months Ended
March 31,

 

 

 

2013

 

2012

 

Cost of sales

 

$

 

$

 

Selling, general and administrative expense

 

$

350

 

$

1,466

 

Research and development expense

 

$

4

 

$

8

 

Total option exercise recognized tax benefit

 

$

 

$