Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation and Other Benefit Plans (Tables)

v3.20.2
Stock-Based Compensation and Other Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2020
Stock-Based Compensation and Other Benefit Plans [Abstract]  
Summary of Stock-Based Compensation

Three Months Ended September 30,

Nine Months Ended September 30,

2020

2019

2020

2019

(in thousands)

Stock-based compensation - equity awards

$

322

$

180

$

527

$

802

Stock-based compensation - liability awards

(570)

970

(2,624)

1,968

Total stock-based compensation

$

(248)

$

1,150

$

(2,097)

$

2,770

Stock Option Valuation Assumptions

Nine Months Ended September 30,

2020

2019

Weighted average exercise price - ($/share)

$

1.23

$

2.08

Expected life in years

6.0

3.2

Average expected volatility

74.16

%

72.53

%

Risk-free interest rate

0.42

%

2.33

%

Weighted average grant date fair value - ($/share)

$

0.79

$

1.06

Stock Option Activity

Number of Shares Underlying Options

Weighted Average Exercise Price Per Share

Weighted Average Remaining Contractual Term

Aggregate Intrinsic Value

(in thousands)

(in years)

(in thousands)

Outstanding at January 1, 2020

2,834

$

1.55

Granted

644

1.23

Exercised

Unvested shares forfeited

(60)

1.83

Vested shares expired

(347)

2.90

Outstanding at September 30, 2020

3,071

1.32

3.38

$

60

Exercisable at September 30, 2020

1,960

1.22

1.36

$

42

Summary of Non Vested Awards

Restricted Stock

Weighted Average Grant Date Fair Value

(in thousands)

Non-vested shares outstanding at January 1, 2020

343

$

1.52

Awards granted

971

1.23

Awards vested

(145)

1.39

Awards forfeited

Non-vested shares outstanding at September 30, 2020

1,169

1.30

SAR Activity

Number of Shares Underlying SARs

Weighted Average Exercise Price Per Share

Term

Aggregate Intrinsic Value

(in thousands)

(in years)

(in thousands)

Outstanding at January 1, 2020

3,418

$

1.30

Granted

Exercised

Unvested SARs forfeited

(60)

1.83

Vested SARs expired

(61)

1.34

Outstanding at September 30, 2020

3,297

1.29

2.44

$

234

Exercisable at September 30, 2020

2,117

1.15

2.17

$

151