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Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of expenses related to share-based payments
The following table highlights stock based compensation for the years ended December 31, 2015, 2014 and 2013:
(in thousands)
 
2015
 
2014
 
2013
Stock options
 
$
42

 
$

 
$

Restricted stock
 
2,607

 
3,410

 
2,425

Restricted stock units
 
100

 

 

Stock based compensation
 
$
2,749

 
$
3,410

 
$
2,425

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
Expected dividend yield
 
0
%
Expected volatility factor (a)
 
44
%
Risk-free interest rate (b)
 
2
%
Expected term (in years) (c)
 
6.0

(a)    The volatility factor was based on the average volatilities of similar public entities.
(b)    The risk-free interest rate was based on the U.S. Treasury yield at the time of grant.
(c)
The expected term was derived utilizing the "simplified method" in accordance with Securities and Exchange Commission Staff Accounting Bulletin No. 110, which uses the mid-point between the vesting date and the expiration date of the award. We believe use of this approach is appropriate given the lack of prior history of option exercises upon which to base an expected term.
Schedule of Share-based Compensation, Activity [Table Text Block]
The following is a summary of restricted stock and restricted stock unit activity:
 
 
Restricted Stock
 
Restricted Stock Units
 
 
Number of Shares Outstanding
(in thousands)
 
Weighted Average Grant Date Fair Value
 
Number of
Units
Outstanding (in thousands)
 
Weighted
Average
Grant Date
Fair Value
December 31, 2012
 
1,748

 
$
2.01

 

 
$

Granted
 
565

 
10.19

 

 

Vested
 
(1,420
)
 
1.99

 

 

Forfeited
 

 

 

 

December 31, 2013
 
893

 
7.25

 

 

Granted
 
264

 
11.66

 

 

Vested
 
(408
)
 
4.95

 

 

Forfeited
 
(43
)
 
8.97

 

 

December 31, 2014
 
706

 
10.15

 

 

Legacy SBS restricted stock units assumed
 

 

 
318

 
16.99

Granted
 
206

 
17.15

 

 

Vested
 
(279
)
 
9.07

 

 

Forfeited
 
(178
)
 
11.37

 
(36
)
 
16.99

December 31, 2015
 
455

 
$
13.51

 
282

 
$
16.99

Schedule of stock options
The following is a summary of stock option award activity. No stock options were granted by Legacy BMC during any periods prior to the Merger.
 
 
Number of Options
(in thousands)
 
Weighted Average Exercise Price
 
Contractual
Term
(in years)
 
Intrinsic
Value
(in thousands)
Outstanding at December 31, 2014
 

 
$

 
 
 
 
Legacy SBS stock options assumed
 
1,229

 
14.18

 
 
 
 
Granted
 

 

 
 
 
 
Exercised
 

 

 
 
 
 
Forfeited
 
(1
)
 
17.04

 
 
 
 
Expired
 

 

 
 
 
 
Outstanding at December 31, 2015
 
1,228

 
$
14.17

 
7.9
 
$
4,470

 
 
 
 
 
 
 
 
 
Exercisable at December 31, 2015
 
992

 
$
13.49

 
7.5
 
$
4,470

 
 
 
 
 
 
 
 
 
Vested and expected to vest at December 31, 2015
 
1,184

 
$
14.07

 
7.9
 
$
4,470

Schedule of Unrecognized Compensation Cost, Nonvested Awards [Table Text Block]
The following table summarizes the Company’s total unrecognized compensation cost related to equity based compensation as of December 31, 2015:
(in thousands, except period data)
 
Unrecognized Compensation Cost
 
Weighted Average Remaining Period of Expense Recognition
(in years)
Stock options
 
$
1,687

 
2.8
Restricted stock
 
2,737

 
1.2
Restricted stock units
 
4,582

 
2.8
 
 
$
9,006