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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Share-Based Compensation [Abstract]  
Share-based Compensation Expense
The following table summarizes share-based compensation expense related to share-based awards recognized in 2013, 2012 and 2011:
 
 
 
Years Ended December 31,
 
 
 
2013
  
2012
  
2011
 
Share-based compensation expense included in the statement of operations:
 
  
  
 
Software and other
 
$
20
  
$
-
  
$
-
 
Professional services
  
91
   
90
   
45
 
Maintenance
  
44
   
40
   
186
 
Sales and marketing
  
1,243
   
1,805
   
1,460
 
Product research and development
  
498
   
451
   
36
 
General and administrative
  
2,749
   
3,400
   
2,181
 
Restructuring and other expenses
  
194
   
-
   
-
 
Share-based compensation expense, net of tax
 
$
4,839
  
$
5,786
  
$
3,908
 
Assumptions Used to Estimate Fair Value of Stock Option Awards
We use the Black-Scholes option pricing model to estimate the fair value of stock option awards on the date of grant utilizing the assumptions noted in the following table.  We expense the cost of stock option awards on a straight-line basis over the vesting period.  Expected volatilities are based on the historical volatility of our stock and other factors.  We use historical data to estimate option exercises and employee terminations within the valuation model.  The expected term of options represents the period of time that options granted are expected to be outstanding.  The risk-free rate for periods during the contractual life of the option is based on the U.S. Treasury rates in effect at the grant date.

 
 
Years Ended December 31,
 
 
 
2013
  
2012
  
2011
 
Dividend yield
  
0
   
0
%
  
0
%
Expected volatility
  
65
%
  
65
%
  
100
%
Risk–free interest rate
  
0.3% - 1.0
%
  
0.3% - 0.8
%
  
0.6% - 1.8
%
Expected term (in years)
  
3.0
   
3.0
   
4.0
 
Weighted–average grant date fair value
 
$
1.99
  
$
3.51
  
$
3.37
 
Stock Option Activity
Stock option activity for the year ended December 31, 2013 was as follows:
 
 
 
  
  
Weighted-Average
  
 
 
 
  
  
Remaining
  
 
 
 
Number
  
Weighted-
  
Contractual
  
Aggregate
 
 
 
of
  
Average
  
Term
  
Intrinsic
 
 
 
Options
  
Exercise Price
  
(In Years)
  
Value
 
Options outstanding, December 31, 2011
  
9,191,034
  
$
3.14
   
5.2
  
$
17,860
 
Options granted
  
4,455,000
   
5.19
         
Options exercised
  
(190,269
)
  
3.62
      
$
506
 
Options forfeited and expired
  
(1,283,313
)
  
5.60
         
Options outstanding, December 31, 2012
  
12,172,452
  
$
3.63
   
4.1
  
$
3,767
 
Options granted
  
1,120,000
   
3.19
         
Options exercised
  
(902,500
)
  
1.37
      
$
1,238
 
Options forfeited and expired
  
(3,471,662
)
  
4.37
         
Options outstanding, December 31, 2013
  
8,918,290
  
$
3.51
   
2.5
  
$
2,391
 
 
                
Options exercisable, December 31, 2013
  
6,185,165
  
$
3.06
   
1.8
  
$
2,391
 
Options exercisable, December 31, 2012
  
5,545,382
  
$
2.50
   
3.4
  
$
3,765
 
Options exercisable, December 31, 2011
  
4,215,920
  
$
2.78
   
4.6
  
$
10,381
 

Stock Options Outstanding by Exercise Price Range
The following table summarizes information about stock options outstanding at December 31, 2013:

Options Outstanding
  
Options Exercisable
 
  
  
Weighted–
  
  
  
 
  
  
average
  
  
  
 
  
  
remaining
  
Weighted–
  
  
Weighted–
 
  
Number of
  
contractual life
  
average
  
Number of
  
average
 
Range of exercise prices
  
shares
  
in years
  
exercise price
  
shares
  
exercise price
 
$
0.00 - $2.48
   
1,945,000
   
2.1
  
$
1.09
   
1,938,750
  
$
1.09
 
$
2.48 - $4.97
   
4,647,324
   
2.1
   
3.09
   
3,241,699
   
3.13
 
$
4.97 - $7.46
   
2,274,272
   
3.6
   
6.13
   
953,022
   
6.05
 
$
7.46 - $9.95
   
-
   
0.0
   
-
   
-
   
-
 
$
9.95 - $12.44
   
1,694
   
3.3
   
10.81
   
1,694
   
10.81
 
$
12.44 - $14.92
   
-
   
0.0
   
-
   
-
   
-
 
$
14.92 - $17.41
   
20,000
   
0.4
   
16.19
   
20,000
   
16.19
 
$
17.41 - $19.90
   
30,000
   
1.4
   
17.50
   
30,000
   
17.50
 
     
8,918,290
   
2.5
  
$
3.51
   
6,185,165
  
$
3.06
 
 
Summary of Restricted Stock Award Activity
The following table presents a summary of the activity for our restricted stock awards:

 
 
  
  
Weighted-Average
 
 
 
  
  
Remaining
 
 
 
Number
  
Weighted-Average
  
Vesting
 
 
 
of
  
Grant-date
  
Term
 
 
 
Shares
  
Fair Value
  
(In Years)
 
Restricted stock outstanding, December 31, 2012
  
-
  
$
-
   
-
 
Restricted stock granted
  
2,100,000
   
2.47
   
-
 
Restricted stock vested
  
-
   
-
   
-
 
Restricted stock forfeited
  
-
   
-
   
-
 
Restricted stock outstanding, December 31, 2013
  
2,100,000
  
$
2.47
   
2.9
 
Fair Value of Stock Awards
Other information pertaining to option and vested restricted stock activity was as follows:

 
 
Years Ended December 31,
 
 
 
2013
  
2012
  
2011
 
Total fair value of restricted stock awards vested
 
$
-
  
$
1,591
  
$
-