Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v2.4.1.9
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2014
Share-based Compensation [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 
 
December 31, 2014
 
December 31, 2013
Risk-free interest rate
 
0.75
%
 
0.33
%
Expected life
 
3.5

 
3.5

Expected volatility
 
48.15
%
 
49.80
%
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]
The impact of stock options, SARs, performance shares, RSUs and restricted stock on net loss for the years ended December 31, 2014 and 2013 is as follows:

 
2014
 
2013
Stock options and SARs
$
727

 
$
454

Performance awards
98

 

RSUs and restricted stock
1,299

 
1,269

Total stock-based compensation expense
$
2,124

 
$
1,723

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]
A summary of stock option and SARs activity for the year ended December 31, 2014, and changes during such year, is presented below:

 
Shares
 
Average
Grant
Price
 
Remaining
Contractual
Period (in years)
 
Aggregate
Intrinsic
Value
Outstanding at January 1, 2014
838,543

 
$6.52
 
3.08
 
$
148

Granted
925,410

 
$4.33
 
4.31
 
$

Exercised

 

 
 
 
 
Forfeited or expired
(71,032
)
 
$11.47
 
 
 
 
Outstanding at December 31, 2014
1,692,921

 
$5.12
 
3.40
 
$
4

Exercisable at December 31, 2014
437,356

 
$6.32
 
1.82
 
$

Vested and expected to vest
1,456,345

 
$5.12
 
3.32
 
$
3

Schedule of Share-based Compensation, Stock Appreciation Rights Award Activity [Table Text Block]
A summary of the status of the Company’s nonvested SARs for the year ended December 31, 2014, and changes during such year, is presented below:

 
Shares
 
Weighted- Average Grant Date Fair Value
Nonvested at January 1, 2014
544,573

 
$
2.20

Granted
925,410

 
$
1.56

Vested
(208,345
)
 
$
2.27

Forfeited
(6,073
)
 
$
1.97

Nonvested at December 31, 2014
1,255,565

 
$
1.72

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
A summary of the Company’s nonvested shares of restricted stock and restricted stock units for the year ended December 31, 2014, and changes during such year, is presented below:

 
Shares
 
Weighted-
Average
Grant Date
Fair Value
 
Average
Remaining
Vesting
Period (in years)
 
Aggregate
Intrinsic
Value
Nonvested at January 1, 2014
581,709

 
$
4.81

 
1.44
 
$
2,660

Granted
402,648

 
$
3.76

 
2.48
 
$
721

Vested
(213,295
)
 
$
7.83

 
 
 
 
Forfeited
(60,059
)
 
$
5.22

 
 
 
 
Nonvested at December 31, 2014
711,003

 
$
2.81

 
1.70
 
$
1,273