XML 47 R35.htm IDEA: XBRL DOCUMENT v3.6.0.2
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of share-based compensation expense
Share-based compensation expense for stock option, restricted stock and restricted stock unit awards was as follows:
 
Years Ended December 31,
 
2016
 
2015
Cost of services
$

 
$

Selling, general and administrative expenses
1,383

 
1,061

Total share-based compensation expense
1,383

 
1,061

Income tax benefit
(484
)
 
(371
)
Increase in net loss
$
899

 
$
690

 
 
 
 
Increase in net loss per share:
 
 
 
Basic
$
0.22

 
$
5.91

Diluted
$
0.22

 
$
5.91

Summary of stock option activity
A summary of stock option activity for the year ended December 31, 2016 was as follows:
 
Number of Shares
 
Weighted Average Exercise Price
 
Weighted Average Grant Date Fair Value
 
Weighted Average Remaining Contractual Term (Years)
 
Aggregate Intrinsic Value
Outstanding at December 31, 2015
1,790

 
$
556.20

 
 
 
9.5
 
$

Granted
311,477

 
$
10.19

 
$
3.89

 

 
 
Exercised
(85
)
 
$
556.20

 
 
 

 
(45
)
Forfeited
(1,705
)
 
$
556.20

 
 
 

 
 
Expired

 
$

 
 
 

 
 
Outstanding at December 31, 2016
311,477

 
$
10.19

 
 
 
9.7
 
$

Exercisable at December 31, 2016

 
$

 
 
 
0.0
 
$

Schedule of valuation assumptions
The following table summarizes the weighted average assumptions used in the Black-Scholes pricing model for the years ended December 31, 2016 and 2015: :
 
2016
2015
Expected volatility
60.7%
52.3%
Expected lives (in years)
5.9
5.5
Risk-free interest rate
1.2%
1.8%
Expected dividend yield
—%
—%
Schedule of restricted stock units activity
A summary of restricted stock units activity for the year ended December 31, 2016 was as follows:
 
Number of Shares
 
Weighted Average Grant Date Fair Value
Nonvested at December 31, 2015
1,610

 
$
459.00

Granted
311,477

 
$
7.85

Vested
(1,542
)
 
$
459.00

Forfeited
(68
)
 
$
459.00

Nonvested at December 31, 2016
311,477

 
$
7.85