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Stock-Based Awards (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Option Activity

A summary of option activity is as follows:

 

     Options      Weighted-
Average
Exercise
Price
 

Outstanding January 1, 2013

     12,760,191       $ 0.95   

Granted

     —          —    

Forfeitures or expirations

     (40,000      4.11   

Exercised

     (4,875,500      0.38   
  

 

 

    

 

 

 

Outstanding at December 31, 2013

     7,844,691       $ 1.29   

Granted

     —          —    

Forfeitures or expirations

     —          —    

Exercised

     (2,514,621      0.61   
  

 

 

    

 

 

 

Outstanding at December 31, 2014

     5,330,070       $ 1.61   

Granted

     —          —    

Forfeitures or expirations

     —          —    

Exercised

     (3,785,473      1.19   
  

 

 

    

 

 

 

Outstanding at December 31, 2015

     1,544,597       $ 2.62   
  

 

 

    

 

 

 
Summary of Stock Options Outstanding

The following table summarizes information on stock options outstanding at December 31, 2015:

 

     Options Outstanding      Options Exercisable  
Range of Exercise Prices    Number
Outstanding at
December 31,
2015
     Weighted-
Average
Remaining
Contractual
Life in Years
     Weighted-
Average
Exercise
Price
     Number
Exercisable at
December 31,
2015
     Weighted-
Average
Exercise
Price
     Aggregate
Intrinsic
Value at
December 31,
2015
 

$0.70 – $0.70

     435,000         3.1         0.70         435,000         0.70         6,516   

$1.07 – $1.07

     263,635         1.3         1.07         263,635         1.07         3,852   

$2.09 – $2.26

     396,426         3.4         2.20         396,426         2.20         5,345   

$5.05 – $5.05

     285,000         5.1         5.05         210,000         5.05         2,232   

$6.36 – $6.82

     74,536         5.4         6.46         74,536         6.46         687   

$7.01 – $8.51

     90,000         5.7         7.48         90,000         7.48         738   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
     1,544,597         3.5       $ 2.62         1,469,597       $ 2.50       $ 19,370   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
Summary of Restricted Shares Outstanding

The following table summarizes information about restricted shares outstanding for the years ended December 31, 2015, 2014 and 2013:

 

     Restricted
Stock Awards
 

Unvested balance at January 1, 2013

     1,281,144   

Granted

     981,810   

Vested

     (358,334

Forfeited

     (7,743
  

 

 

 

Unvested balance at December 31, 2013

     1,896,877   

Granted

     623,088   

Vested

     (996,385

Forfeited

     (9,641
  

 

 

 

Unvested balance at December 31, 2014

     1,513,939   

Granted

     886,413   

Vested

     (753,917

Forfeited

     (25,709
  

 

 

 

Unvested balance at December 31, 2015

     1,620,726   
  

 

 

 
Summary of Stock-Based Compensation Expense

The following table summarizes the Company’s stock-based compensation expense:

 

     Year Ended December 31,  
     2015      2014      2013  

Employees and directors option awards

   $ 295       $ 487       $ 381   

Employees and directors restricted stock awards

     10,605         7,650         6,078   
  

 

 

    

 

 

    

 

 

 

Total

   $ 10,900       $ 8,137       $ 6,459   
  

 

 

    

 

 

    

 

 

 
Summary of Unrecognized Stock-Based Compensation Expense and Remaining Vesting Period

The following table summarizes the Company’s unrecognized stock-based compensation expense and remaining vesting period as of December 31, 2015:

 

     Unrecognized Stock-Based
Compensation
     Average
Remaining
Vesting Period
 

Employees and directors option awards

   $ 120         1.07   

Employees and directors restricted stock awards

   $ 17,008         1.61