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SHARE-BASED COMPENSATION AND OTHER COMPENSATION AGREEMENTS (Tables)
3 Months Ended
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity

Following is a summary of stock option activity and number of shares reserved for outstanding options:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 30, 2016

 

502

 

 

$

4.78

 

 

2.07 years

 

 

$

2.43

 

Cancelled

 

(30

)

 

5.40

 

 

 

 

2.85

 

Expired 

 

(90

) 

 

4.94

 

 

 

 

1.71

 

Outstanding at December 31, 2017

 

382

 

 

$

4.70

 

 

1.41 years

 

 

$

2.57

 

Issued

 

31

 

 

2.46

 

 

5.00 years

 

 

 

1.61

 

Outstanding at March 31, 2018

 

413

 

 

$

4.53

 

 

1.45 years

 

 

$

2.49

 

Exercisable at March 31, 2018

 

382

 

 

$

4.70

 

 

1.16 years

 

 

$

2.57

 

Securities available for grant at March 31, 2018*

 

1,694

 

 

 

 

 


 

 

*Securities available for grant include securities available for stock option grants and RSUs.

Schedule of Weighted Average Assumptions

The weighted average assumptions relating to the valuation of the Company's stock options awarded in 2018 are shown below.


 

 

 

2018

 

Weighted average grant-date fair value of grants per option $ 1.61
Volatility

80.40 %
Risk-free interest rate

2.59 %
Expected life (in years)

5.00
Expected dividend yield     %
Summary of restricted stock units

Following is a summary of RSU activity:

Restricted Stock Units
 
Number of shares
(in thousands)
 
Weighted Average Remaining Contractual Term
 
Weighted Average Grant Date Fair Value
Outstanding at December 31, 2017
 
22.6

 
0.35 years

 
$
2.37

Granted
 
58.6
 
 
3.00 years
 
 
 
2.46
 
Vested
 
(11.4
)
 
 
 
 
2.63
 
Outstanding at March 31, 2018
 
69.8

 
2.55 years

 
$
2.40