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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2015
Stockholders' Equity  
Summary of stock option under all equity incentive plans

 

                                                                                                                                                                                             

 

 

Number
of Shares

 

Weighted
Average
Exercise Price

 

Options outstanding as of December 31, 2012

 

 

2,905,761

 

$

6.44

 

​  

​  

​  

​  

​  

​  

​  

​  

Granted

 

 

729,439

 

$

3.24

 

Cancelled

 

 

(393,770

)

$

5.93

 

Exercised

 

 

(105,496

)

$

4.43

 

​  

​  

​  

​  

Options outstanding as of December 31, 2013

 

 

3,135,934

 

$

5.83

 

​  

​  

​  

​  

​  

​  

​  

​  

Granted

 

 

582,012

 

$

8.45

 

Cancelled

 

 

(310,303

)

$

6.55

 

Exercised

 

 

(156,791

)

$

3.37

 

​  

​  

​  

​  

Options outstanding as of December 31, 2014

 

 

3,250,852

 

$

6.40

 

​  

​  

​  

​  

​  

​  

​  

​  

Granted

 

 

427,786

 

$

10.39

 

Cancelled

 

 

(181,777

)

$

11.32

 

Exercised

 

 

(76,342

)

$

3.82

 

​  

​  

​  

​  

Options outstanding as of December 31, 2015

 

 

3,420,519

 

$

6.69

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Summary of total outstanding stock options

 

        A summary of total outstanding stock options as of December 31, 2015 is as follows:

                                                                                                                                                                                           

 

 

Options Outstanding

 

Options Exercisable

 

Range of
Exercise Price

 

Number
Outstanding

 

Weighted
Average
Remaining
Contractual
Life (in years)

 

Weighted
Average
Exercise Price

 

Number
Exercisable

 

Weighted
Average
Remaining
Contractual
Life (in years)

 

Weighted
Average
Exercise Price

 

$0.70 - $7.50

 

 

2,325,971 

 

 

5.80 

 

$

4.09 

 

 

2,056,224 

 

 

5.61 

 

$

4.15 

 

$7.51 - $15.00

 

 

845,824 

 

 

8.55 

 

$

9.62 

 

 

277,656 

 

 

7.99 

 

$

9.34 

 

$15.01 - $22.50

 

 

190,824 

 

 

3.29 

 

$

18.38 

 

 

190,824 

 

 

3.29 

 

$

18.38 

 

$22.51 - $31.18

 

 

57,900 

 

 

2.61 

 

$

29.83 

 

 

57,900 

 

 

2.61 

 

$

29.83 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

$0.70 - $31.18

 

 

3,420,519 

 

 

6.29 

 

$

6.69 

 

 

2,582,604 

 

 

5.63 

 

$

6.34 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Summary of certain additional information with respect to options

 

                                                                                                                                                                                           

(In thousands)

 

2015

 

2014

 

2013

 

Aggregate intrinsic value of options outstanding at year-end

 

$

19,436 

 

$

15,258 

 

$

11,183 

 

Aggregate intrinsic value of options exercisable at year-end

 

 

16,124 

 

 

9,918 

 

 

4,382 

 

Aggregate intrinsic value of options exercised during the year

 

 

662 

 

 

840 

 

 

422 

 

 

Summary of Restricted stock units activity

 

                                                                                                                                                                                             

 

 

Number
of Shares

 

Weighted Average
Grant Date Fair
Value

 

Restricted stock outstanding as of December 31, 2012

 

 

763,342

 

$

3.54

 

​  

​  

​  

​  

​  

​  

​  

​  

Granted

 

 

457,200

 

$

3.52

 

Forfeited

 

 

(82,813

)

$

3.07

 

Vested

 

 

(280,073

)

$

4.82

 

​  

​  

​  

​  

Restricted stock outstanding as of December 31, 2013

 

 

857,656

 

$

3.15

 

​  

​  

​  

​  

​  

​  

​  

​  

Granted

 

 

292,079

 

$

8.48

 

Forfeited

 

 

(89,664

)

$

3.30

 

Vested

 

 

(195,437

)

$

6.27

 

​  

​  

​  

​  

Restricted stock outstanding as of December 31, 2014

 

 

864,634

 

$

4.23

 

​  

​  

​  

​  

​  

​  

​  

​  

Granted

 

 

328,060

 

$

9.70

 

Forfeited

 

 

(50,642

)

$

6.90

 

Vested

 

 

(451,116

)

$

3.89

 

​  

​  

​  

​  

Restricted stock outstanding as of December 31, 2015

 

 

690,936

 

$

6.85

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Summary of total outstanding RSUs

 

        In addition, a summary of total outstanding RSUs as of December 31, 2015 is as follows:

                                                                                                                                                                                            

Range of Grant Price

 

RSUs
Outstanding

 

$2.16 - $6.75

 

 

255,564 

 

$6.76 - $9.75

 

 

435,372 

 

​  

​  

$2.16 - $9.75

 

 

690,936 

 

​  

​  

​  

​  

 

Summary of Performance stock units activity

 

                                                                                                                                                                                            

 

 

Number
of Shares

 

Weighted Average
Grant Date Fair
Value

 

Performance stock outstanding as of December 31, 2013

 

 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

Granted

 

 

284,423

 

$

8.68

 

Forfeited

 

 

 

 

 

Vested

 

 

 

 

 

​  

​  

​  

​  

Performance stock outstanding as of December 31, 2014

 

 

284,423

 

$

8.68

 

​  

​  

​  

​  

​  

​  

​  

​  

Granted

 

 

 

 

 

Forfeited

 

 

(18,433

)

$

8.68

 

Vested

 

 

 

 

 

​  

​  

​  

​  

Performance stock outstanding as of December 31, 2015

 

 

265,990

 

$

8.68

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of weighted average assumptions used to estimate the fair value of the stock-based awards

 

                                                                                                                                                                                             

 

 

Year Ended December 31,

 

 

 

2015

 

2014

 

2013

 

Expected volatility

 

 

66.5 

%

 

62.8 

%

 

60.3 

%

Expected term (in years)

 

 

6.72 

 

 

6.49 

 

 

6.71 

 

Weighted average risk-free interest rate

 

 

1.68 

%

 

1.85 

%

 

1.34 

%

Expected dividends

 

 

0.0 

%

 

0.0 

%

 

0.0 

%

Weighted average grant date fair value per option

 

$

6.58 

 

$

5.00 

 

$

1.90 

 

Weighted average grant date fair value per RSU

 

$

9.71 

 

$

8.43 

 

$

3.52