XML 79 R56.htm IDEA: XBRL DOCUMENT v3.3.1.900
STOCK BASED COMPENSATION - Stock Options (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2015
USD ($)
CAD / shares
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Dec. 31, 2013
USD ($)
$ / shares
shares
Dec. 31, 2012
$ / shares
shares
STOCK BASED COMPENSATION          
Stock options granted (in shares)   2,733,000 1,731,000 1,728,000  
Exercise price of options granted (in dollars per share) | $ / shares   $ 1.03 $ 2.90 $ 2.26  
Exercisable period of options   3 years 8 months 12 days      
Number of shares of common stock reserved for issuance 17,500,000 17,500,000      
Shares          
Balance at the beginning of the period (in shares)   4,651,000 4,841,000 3,561,000  
Granted (in shares)   2,733,000 1,731,000 1,728,000  
Exercised (in shares)   (272,000) (1,499,000) (48,000)  
Forfeited (in shares)   (158,000) (422,000) (400,000)  
Balance at the end of the period (in shares)   6,954,000 4,651,000 4,841,000 3,561,000
Exercisable at the end of the period (in shares) 2,772,000 2,772,000      
Weighted Average Exercise Price          
Balance at the beginning of the period (in dollars per share) | $ / shares   $ 3.35 $ 2.96 $ 3.47  
Granted (in dollars per share) | $ / shares   1.03 2.90 2.26  
Exercised (in dollars per share) | $ / shares   1.29 1.29 1.97  
Forfeited (in dollars per share) | $ / shares   2.82 4.39 4.57  
Expired (in dollars per share) | $ / shares   2.12      
Balance at the end of the period (in dollars per share) | $ / shares   2.49 $ 3.35 $ 2.96 $ 3.47
Exercisable (in dollars per share) | $ / shares $ 3.80 $ 3.80      
Weighted Average Remaining Contractual Life          
Outstanding at the end of the period   4 years 1 month 6 days 4 years 4 months 24 days 5 years 2 months 12 days 6 years 7 months 6 days
Exercisable period of options   3 years 8 months 12 days      
Intrinsic Value          
Exercised (in dollars) | $     $ 438 $ 47  
Outstanding at the end of the period (in dollars) | $ $ 98 $ 98      
Exercisable at the end of the period (in dollars) | $ 8 $ 8      
Granted (in shares)   2,733,000 1,731,000 1,728,000  
Principal assumptions used in applying the Black-Scholes option pricing model for the awards          
Risk-free interest rate, low end of range (as a percent)   1.10%   0.50%  
Risk-free interest rate, high end of range (as a percent)   1.79%   0.86%  
Dividend yield (as a percent)     0.00% 0.00%  
Volatility factor of the expected market price of common stock, low end of range (as a percent)   73.00%   66.00%  
Volatility factor of the expected market price of common stock, high end of range (as a percent)   74.00%   69.00%  
Risk-free interest rate (as a percent)   1.01%      
Volatility factor of the expected market price of common stock (as a percent)     70.00%    
Weighted-average expected life of option     3 years 6 months 3 years 6 months  
Weighted-average grant date fair value (in dollars per share) | $ / shares   $ 0.49 $ 1.45 $ 1.02  
Stock option expense | $   $ 1,300 $ 1,300 $ 1,400  
Additional disclosures          
Unrecognized compensation expense on non-vested stock options (in dollars) | $ $ 1,600 $ 1,600 $ 1,800    
Non-vested stock options outstanding (in shares)   4,200,000 2,700,000    
Weighted-average period of recognition   1 year 7 months 6 days 1 year 7 months 6 days 1 year 4 months 24 days  
Minimum          
Principal assumptions used in applying the Black-Scholes option pricing model for the awards          
Dividend yield (as a percent)   0.00%      
Weighted-average expected life of option   3 years 6 months      
Maximum          
STOCK BASED COMPENSATION          
Maximum number of shares that may be subject to grants of options to an individual in a calendar year   1,000,000      
Principal assumptions used in applying the Black-Scholes option pricing model for the awards          
Dividend yield (as a percent)   1.15%      
Minera Andes          
Shares          
Exercised (in shares)   (198,000)      
Weighted Average Exercise Price          
Exercised (in dollars per share) | CAD / shares $ 1.96        
Certain employees and directors          
STOCK BASED COMPENSATION          
Stock options granted (in shares)   2,700,000 1,700,000 1,700,000  
Exercise price of options granted (in dollars per share) | $ / shares   $ 1.03 $ 2.90 $ 2.26  
Shares          
Granted (in shares)   2,700,000 1,700,000 1,700,000  
Weighted Average Exercise Price          
Granted (in dollars per share) | $ / shares   $ 1.03 $ 2.90 $ 2.26  
Intrinsic Value          
Granted (in shares)   2,700,000 1,700,000 1,700,000  
Vesting period of options   3 years      
Exercise period of options   5 years