Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation And Other Benefit Plans (Tables)

v3.19.1
Stock-Based Compensation And Other Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2019
Stock-Based Compensation And Other Benefit Plans [Abstract]  
Stock Option Valuation Assumptions



 

 

 

 

 

 



Three Months Ended March 31,



2019

 

2018

 

Weighted average exercise price - ($/share)

$

1.58 

 

$

0.86 

 

Expected life in years

 

3.5 

 

 

3.5 

 

Average expected volatility

 

72.93 

%

 

71.42 

%

Risk-free interest rate

 

2.52 

%

 

2.48 

%

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

$

1.23 

 

$

0.44 

 



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, 2019

 

2,601 

 

$

1.54 

 

 

 

 

 

 

Granted

 

622 

 

 

2.33 

 

 

 

 

 

 

Exercised

 

(52)

 

 

0.90 

 

 

 

 

 

 

Unvested shares forfeited

 

(207)

 

 

1.51 

 

 

 

 

 

 

Vested shares expired

 

(76)

 

 

6.98 

 

 

 

 

 

 

Outstanding at March 31, 2019

 

2,888 

 

 

1.58 

 

 

3.19 

 

$

2,472 

Exercisable at March 31, 2019

 

1,674 

 

 

1.60 

 

 

2.51 

 

$

1,590 



Summary of Non Vested Awards



 

 

 

 

 



 

Restricted Stock

 

Weighted Average Grant Price



 

(in thousands)

 

 

 

Non-vested shares outstanding at January 1, 2019

 

507 

 

$

0.91 

Awards granted

 

174 

 

 

2.33 

Awards vested

 

(107)

 

 

0.86 

Awards forfeited

 

(166)

 

 

1.29 

Non-vested shares outstanding at March 31, 2019

 

408 

 

 

1.38 



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, 2019

 

3,369 

 

$

0.96 

 

 

 

 

 

Granted

 

952 

 

 

2.33 

 

 

 

 

 

Exercised

 

(110)

 

 

0.86 

 

 

 

 

 

Unvested shares forfeited

 

(469)

 

 

1.38 

 

 

 

 

 

Vested shares expired

 

 —

 

 

 —

 

 

 

 

 

Outstanding at March 31, 2019

 

3,742 

 

 

1.25 

 

3.69 

 

$

3,757 

Exercisable at March 31, 2019

 

1,101 

 

 

0.97 

 

2.90 

 

$

1,401