XML 69 R49.htm IDEA: XBRL DOCUMENT v3.3.1.900
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The weighted average assumptions used in the Black-Scholes model for grants made in the year ending December 31, 2015 were as follows:
 
For The Year Ending December 31, 2015

Risk-free interest rate
1.86
%
Expected term (years)
6.25

Expected volatility
75.18
%
Dividend yield
0
%
Weighted-average fair value
$
1.54

Schedule of Stock-Based Compensation Charged
 
For The Year Ending December 31,
 
2015

 
2014

 
2013

Selling, general and administrative expenses
$
2,439

 
$
1,344

 
$
4,197

Restructuring costs (Note 15)

 

 
1,919

Total stock-based compensation charge
$
2,439

 
$
1,344

 
$
6,116

Schedule of Stock Option Activity
A summary of option activity for the year ended December 31, 2015 is presented below:
 
Shares

 
Weighted Average Exercise Price per Share

 
Weighted Average Remaining Contractual Term (years)
 
Aggregate Intrinsic Value

Outstanding at December 31, 2014
155,000

 
$
29.88

 
0.92
 
$

Granted
1,600,000

 
2.29

 
 
 
 
Forfeited
(20,000
)
 
23.12

 
 
 
 
Expired
(69,000
)
 
28.23

 
 
 
 
Outstanding at December 31, 2015
1,666,000

 
$
3.53

 
9.07
 
$
640

Vested or expected to vest
1,666,000

 
3.53

 
9.07
 
640

Exercisable at December 31, 2015
66,000

 
$
33.66

 
0.42
 
$

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
Schedule of Restricted Stock Unit Activity
The following table summarizes information about unvested RSUs as at December 31, 2015:
 
Number of
Shares / Units

 
Weighted-Average
Grant Date Fair Value

Unvested at December 31, 2014
1,367,234

 
$
3.06

Granted
1,661,430

 
2.56

Vested
(465,136
)
 
3.16

Forfeited
(8,931
)
 
3.85

Unvested at December 31, 2015
2,554,597

 
$
2.72