Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation And Other Benefit Plans (Tables)

v3.6.0.2
Stock-Based Compensation And Other Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2016
Stock-Based Compensation And Other Benefit Plans [Abstract]  
Stock Option Valuation Assumptions



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

2016

 

2015

 

2014

Weighted average exercise price - ($/share)

 

$

1.14 

 

$

4.41 

 

$

7.05 

Expected life in years

 

 

3.0 years

 

 

2.5 years

 

 

2.5 years

Average expected volatility

 

 

71% 

 

 

61% 

 

 

58% 

Risk-free interest rate

 

 

1.10% 

 

 

0.88% 

 

 

0.52% 

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

 

$

0.49 

 

$

1.65 

 

$

2.43 



Stock Option Activity



 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

Weighted

 

 

 



 

Number of

 

Weighted

 

Average

 

 

 



 

Shares

 

Average

 

Remaining

 

 

Aggregate



 

Underlying

 

Exercise Price

 

Contractual

 

 

Intrinsic



 

Options

 

Per Share

 

Term

 

 

Value



 

(in thousands)

 

 

 

 

(in years)

 

 

(in thousands)

Outstanding at January 1, 2016

 

4,144 

 

$

6.41 

 

 

 

 

 

Granted

 

1,894 

 

 

1.14 

 

 

 

 

 

Forfeited/expired

 

(3,394)

 

 

5.52 

 

 

 

 

 

Outstanding at December 31, 2016

 

2,644 

 

 

3.92 

 

2.98 

 

$

 -

Exercisable at December 31, 2016

 

1,622 

 

 

5.35 

 

2.18 

 

$

 -



Summary of Non Vested Awards



 

 

 

 

 



 

 

 

 

 



 

 

 

Weighted



 

Restricted

 

Average



 

Stock

 

Grant Price

Non-vested shares outstanding at January 1, 2016

 

419,888 

 

$

3.83 

Awards granted

 

542,330 

 

 

1.11 

Awards vested

 

(488,115)

 

 

2.05 

Awards forfeited

 

(222,250)

 

 

3.95 

Non-vested shares outstanding at December 31, 2016

 

251,853 

 

 

1.31 



SAR Activity



 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

Weighted

 

 

 



 

Number of

 

Weighted

 

Average

 

 

 



 

Shares

 

Average

 

Remaining

 

 

Aggregate



 

Underlying

 

Exercise Price

 

Contractual

 

 

Intrinsic



 

Options

 

Per Share

 

Term

 

 

Value



 

(in thousands)

 

 

 

 

(in years)

 

 

(in thousands)

Outstanding at January 1, 2016

 

 -

 

$

 -

 

 

 

 

 

Granted

 

815,355 

 

 

1.04 

 

 

 

 

 

Forfeited/expired

 

(635,775)

 

 

1.04 

 

 

 

 

 

Outstanding at December 31, 2016

 

179,580 

 

 

1.04 

 

4.21 

 

$

 -

Exercisable at December 31, 2016

 

 -

 

 

 -

 

 -

 

$

 -