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SHARE-BASED COMPENSATION AND OTHER COMPENSATION AGREEMENTS (Tables)
 12 Months Ended
Dec. 31, 2018
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, 2018 and 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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, 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

 

 

 4.24 years

 

 

 

 1.61

 

Outstanding at December 31, 2018

 

413

 

 

$

4.53

 

 

0.70 years

 

 

$

2.49

 

Exercisable at December 31, 2018

 

382

 

 

$

4.70

 

 

0.41 years

 

 

$

2.57

 

Securities available for grant at December 31, 2018*

  

1,645

 

 

 

 

 

 

 

 

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


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

 

 

 

 

 

 

 

 

 

 

Number of shares

 

Weighted Average Grant

Non-Vested Options

 

(in thousands)

 

Date Option Fair Value

Outstanding at December 31, 2017

 

—

 

 

$

—

 

Granted


31


1.61

Outstanding at December 31, 2018

 

31

 

 

$

1.61

 

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)
 
 
WA Remaining Contractual
Term
 
 
WA Grant Date Fair Value
Outstanding at December 31, 2016
45.1
 
 
1.05
 
 
$
2.23
 
Vested
(22.5

)

 
—
 
 
 
2.36
 
Outstanding at December 31, 2017
22.6
 
 
0.35
 years 
 
$
2.37
 
Granted
111.6

1.43



2.19

Vested
(22.6
 )

 

—
 
 
 
2.37
 
Outstanding at December 31, 2018
111.6
 
 
1.43
 years
 
$
2.19