Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Shares Authorized, Available for Future Grant and Outstanding Under Each Plans

The following table presents shares authorized, available for future grant and outstanding under each of the Company’s plans as of December 31, 2013:

	Authorized	Available	Outstanding(2)
	(In thousands)
1995 Employee Stock Incentive Plan	10,800	—	234
1996 Stock Option Plan	9,000	—	100
2001 Directors Plan(1)	500	10	144
2004 Plan	24,000	10,567	4,834
2013 Directors Plan	1,000	939	60
Total	45,300	11,516	5,372

(1) The Company’s 2001 Non-Employee Directors Plan expired on December 31, 2011. The shares available for grant under this plan are only available to satisfy incremental dividend equivalent rights for outstanding awards.

(2) Outstanding shares underlying restricted stock units granted under the 2001 Directors Plan, 2004 Plan and 2013 Directors Plan include accrued incremental dividend equivalent rights.

Average Fair Value Assumptions Used in Valuation of Stock Options Granted

The table below summarizes the average fair value assumptions used in the valuation of stock options granted during the years ended December 31, 2013, 2012 and 2011.

	2013		2012		2011
Dividend yield	0.6	%	1.2	%	1.4	%
Expected volatility	48.8	%	50.6	%	48.5	%
Risk-free interest rate	0.7	%	0.8	%	2.0	%
Expected life	4.3 years		4.9 years		5.0 years

Stock Option Activities

The following table summarizes the Company’s stock option activities for the year ended December 31, 2013 (in thousands, except price per share and contractual term):

Options	Number of Shares		Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at January 1, 2013	5,167		$	11.08
Granted	1,842		$	6.53
Exercised	(216	)	$	7.66
Forfeited	(86	)	$	6.77
Expired	(2,215	)	$	11.15
Outstanding at December 31, 2013	4,492		$	9.42	5.66	$	4,446
Vested and expected to vest in the future at December 31, 2013	4,365		$	9.51	5.56	$	4,208
Exercisable at December 31, 2013	2,598		$	11.48	3.27	$	989

Roll-Forward of Activity for Restricted Stock Units

The table below is a roll-forward of the activity for restricted stock units during the 12 months ended December 31, 2013 (in thousands, except fair value amounts):

Restricted Stock Units	Units		Weighted- Average Grant-Date Fair Value
Nonvested at January 1, 2013	647		$	6.87
Granted	440		6.55
Vested	(193	)	7.86
Forfeited	(21	)	6.78
Nonvested at December 31, 2013	873		$	6.49

Roll-Forward of Activity for Phantom Stock Units

The table below is a roll-forward of the activity for phantom stock units during the 12 months ended December 31, 2013 (in thousands, except fair value amounts):

Phantom Stock Units	Units		Weighted- Average Grant-Date Fair Value
Nonvested at January 1, 2013	508		$	6.77
Granted	—		—
Vested	(17	)	7.51
Forfeited	(47	)	7.04
Nonvested at December 31, 2013	444		$	6.72

Summary of Total Number of Stock Appreciation Rights Granted

The table below summarizes the total number of SARs granted to employees during the year ended December 31, 2013 (in thousands):

Stock Appreciation Rights	Units		Weighted- Average Exercise Price Per Share
Nonvested at January 1, 2013	2,995		$	6.42
Granted	—		—
Vested	(380	)	6.48
Forfeited	(140	)	6.69
Nonvested at December 31, 2013	2,475		$	6.39

Share-Based Compensation Including Expense for Phantom Stock Units and Cash Settled Stock Appreciation Rights Granted to Employees

The table below summarizes the amounts recognized in the financial statements for the years ended December 31, 2013, 2012 and 2011 for share-based compensation, including expense for stock options, restricted stock units, phantom stock units and cash settled stock appreciation rights (in thousands):

	2013		2012		2011
Cost of sales	$	473	$	276	$	424
Operating expenses	7,711		6,874		10,882
Total cost of employee share-based compensation included in loss before income tax	$	8,184	$	7,150	$	11,306