XML 46 R31.htm IDEA: XBRL DOCUMENT v3.7.0.1
SHARE BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Nonvested Stock Option Activity and Number of Shares Reserved for Outstanding Options

Following is a summary of stock option activity and number of shares reserved for outstanding options for the years ended December 31, 2016 and 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Options

 

Number of shares (in thousands)

 

Weighted Average Exercise Price per Share

 

Weighted Average Remaining Contractual Term

 

Weighted Average Grant Date Fair Value

Outstanding at December 31, 2014

 

2,152

 

 

$

5.02

 

 

2.70 years

  

 

$

2.23

 

Granted

 

20

 

 

5.71

 

 

—

 

 

3.01

 

Outstanding at December 31, 2015

 

2,172

 

 

$

5.02

 

 

1.70 years

 

 

$

2.24

 

Cancelled

 

(1,670

)

 

$

5.10

 

 

—

 

 

$

2.18

 

Outstanding at December 31, 2016

 

502

 

 

$

4.78

 

 

2.07 years

 

 

$

2.43

 

Exercisable at December 31, 2016

 

502

 

 

4.78

 

 

2.07 years

 

 

$

2.43

 

Securities available for grant at December 31, 2016

 

1,636

 

 

 

 

 

 

 

 

Following is a summary of the nonvested options issued and outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Grant

Non-Vested Options

 

Number of shares (in thousands)

 

Date Option Fair Value

Outstanding at January 1, 2015

 

990

 

 

$

2.31

 

Granted

 

20

 

 

3.01

 

Vested

 

(140

)

 

2.95

 

Forfeited

 

—

 

 

—

 

Outstanding at December 31, 2015

 

870

 

 

$

2.22

 

Cancelled

 

(870

) 

 

2.22

 

Outstanding at December 31, 2016

 

—

 

 

$

—

 

Schedule of Weighted Average Assumptions

The weighted average assumptions relating to the valuation of the Company's stock options awarded in 2015 are shown below.  There were no stock options awarded in 2016.

 

 

 

 

 

2015

Weighted average grant-date fair value of grants per option

$

3.01

 

Volatility

60.1

%

Risk-free interest rate

2.3

%

Expected life (in years)

5

 

Expected dividend yield

0.0

%

Summary of restricted stock units

Following is a summary of RSU activity:

     
 Restricted Stock Units
Number of shares (in thousands)
 
 
WA Remaining Contractual
Term
 
 
WA Grant Date Fair Value
Outstanding at December 31, 2015
—
 
 
—
 
 
$
—
 
Granted
133.4
 
 
0.35
 years
 
 
2.32
 
Vested
(88.3

)

 
—
 
 
 
2.36
 
Outstanding at December 31, 2016
45.1
 
 
1.05
 years
 
$
2.23