XML 48 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
STOCKHOLDERS' EQUITY AND SHARE-BASED COMPENSATION EXPENSE (Tables)
6 Months Ended
Jun. 30, 2012
Stockholders Equity And Share Based Compensation Expense [Abstract]  
Share-based compensation expense
The Company recognized share-based compensation expense as follows (in thousands):
 
Three Months Ended June 30,
Six Months Ended June 30,
 
2012
2011
2012
2011
Costs of sales
340
282
712
573
Research and development
306
511
673
1,038
Selling, general and administrative
9,560
1,013
11,213
2,763
Total share-based compensation expense
10,206
1,806
12,598
4,374
 
Fair value of options estimated at the date of grant with weighted-average assumptions
The fair value of options was estimated at the date of grant using the Black Scholes Merton option pricing model with the following weighted‑average assumptions:
 
Three Months Ended June 30,
  
Six Months Ended June 30,
 
 
2012
  
2011
  
2012
  
2011
 
Risk free interest rate
  
0.7
%
  
1.8
%
  
0.8
%
  
2.2
%
Expected dividend yield
  
0.0
%
  
0.0
%
  
0.0
%
  
0.0
%
Expected volatility
  
67
%
  
67
%
  
67
%
  
67
%
Expected option term (in years)
  
4.6
   
4.5
   
4.6
   
4.5
 
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]
During the three and six months ended June 30, 2012, the fair value of shares under the ESPP was estimated using the following assumptions:
Risk free interest rate
 
0.1%
Expected dividend yield
0.0%
Expected volatility
 
67%
Expected term (in years)
0.8