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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2013
Equity Incentive Plans  
Summary of stock option activity

The following table summarizes stock option activity for the year ended December 31, 2013 (shares in thousands)

 
  Number of
shares
  Weighted-
average exercise
price
  Weighted-
average
remaining
contractual
term
  Aggregate
intrinsic
value
 

Outstanding at January 1, 2013

                 

Granted

    1,730   $ 11.20     9.3   $ 1,157  

Exercised

                 

Forfeited

                 

Expired

                 
                   

Outstanding at December 31, 2013

    1,730   $ 11.20     9.3   $ 1,157  
                   
                   

Exercisable at December 31, 2013

    275   $ 10.20     9.3   $ 459  
                   
                   
Summary of restricted share activity

The following table summarizes restricted share activity for the year ended December 31, 2013 (shares in thousands):


 
  Number of
shares
  Weighted-average
grant date fair value
 

Outstanding at January 1, 2013

         

Granted

    1,195   $ 9.81  

Vested

    (250 )   8.41  

Forfeited

         
           

Outstanding at December 31, 2013

    945   $ 10.18  
           
           
Schedule of warrants activity

The following table summarizes warrants activity for the year ended December 31, 2013 (shares in thousands):

 
  Number of
shares
  Weighted-
average exercise
price
  Weighted-
average
remaining
contractual
term
  Aggregate
intrinsic
value
 

Outstanding at January 1, 2013

                 

Issued

    7,333   $ 12.00     4.3   $  

Exercised

                 

Expired

                 
                   

Outstanding at December 31, 2013

    7,333   $ 12.00     4.3   $  
                   
                   
Time-based option | Black-Scholes pricing model
 
Equity Incentive Plans  
Schedule of valuation assumptions

 

 

Black-Scholes Option Valuation Assumptions
  2013

Risk-free interest rate

  .93% - 2.03%

Dividend yield

 

Volatility

  34.4% - 36.7%

Weighted-average expected term (years)

  6.0
Event-based option | Monte Carlo simulation model
 
Equity Incentive Plans  
Schedule of valuation assumptions

Monte Carlo Option Valuation Assumptions
  2013

Risk-free interest rate

  1.78%

Dividend yield

 

Volatility

  36.7%

Weighted-average expected term (years)

  5.4 - 5.8
Event-based restricted stock | Monte Carlo simulation model
 
Equity Incentive Plans  
Schedule of valuation assumptions

 

 

Monte Carlo Restricted Stock Valuation Assumptions
  2013

Risk-free interest rate

  0.52%

Dividend yield

 

Volatility

  36.70%

Weighted-average expected term (years)

  0.6 - 1.3