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Stockholders' Deficit (Tables)
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Summary of Stock Option Activity

The following table summarizes stock option activity:

 

                Weighted        
                Average        
          Weighted     Remaining        
          Average     Contractual     Aggregate  
    Stock Options     Exercise Price     Term (years)     Intrinsic Value  

Outstanding, December 31, 2014

    1,380      $ 7.70       

Granted

    150      $ 7.17       

Exercised

    (33   $ 4.85       

Forfeited

    (200   $ 12.16       
 

 

 

       

Outstanding, December 31, 2015

    1,297      $ 7.03        5.5      $ 1,156   
 

 

 

   

 

 

   

 

 

   

 

 

 

Exercisable, December 31, 2015

    942      $ 7.47        4.2      $ 928   
 

 

 

   

 

 

   

 

 

   

 

 

 

Expected to vest, December 31, 2015

    1,296      $ 7.03        5.5      $ 1,155   
 

 

 

   

 

 

   

 

 

   

 

 

 
Schedule of Fair Value of Stock Options Weighted Average Assumptions

The weighted average fair value of stock options granted during fiscal year 2015, transition period 2014, fiscal year 2014 and fiscal year 2013 were $5.35, $3.62, $4.22 and $3.03 per option, respectively, which were calculated assuming no expected dividend yield using the following weighted average assumptions:

 

    Fiscal Year Ended     Eight Months Ended     Fiscal Year Ended
April 30,
 
    December 31, 2015     December 31, 2014     2014     2013  

Expected life

    7.24 years        7.00 years        6.79 years        6.82 years   

Risk-free interest rate

    2.02%        2.15%        2.22%        1.14%   

Expected volatility

    81.31%        82.76%        83.96%        84.40%   

Summary of Restricted Stock, Restricted Stock Unit and Performance Stock Unit Activity

The following table summarizes restricted stock, restricted stock unit and performance stock unit activity:

 

    Restricted Stock,           Weighted Average        
    Restricted Stock Units,     Weighted     Remaining        
    and Performance Stock     Average     Contractual Term     Aggregate Intrinsic  
    Units (1)     Grant Price     (years)     Value  

Outstanding, December 31, 2014

    1,048      $ 4.79       

Granted

    624      $ 4.40       

Class A Common Stock Vested

    (410   $ 4.68       

Forfeited

    (300   $ 5.09       
 

 

 

       

Outstanding, December 31, 2015

    962      $ 4.49        1.8      $ 1,449   
 

 

 

   

 

 

   

 

 

   

 

 

 

Expected to vest, December 31, 2015

    825      $ 4.51        1.8      $ 1,228   
 

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Performance stock units are included at the 100% attainment level. As of December 31, 2015, no performance stock units remain outstanding.
Summary of Grant Activity for Other Stock Awards

The following table summarizes the grant activity for other stock:

 

    Granted     Weighted
Average
Grant Date Fair
Value
    Unissued
at December 31,
2015
 

Fiscal year 2013 grants

     

Restricted stock units

    340      $ 5.15        —     

Performance stock units

    316      $ 5.17        —     

Restricted stock awards

    79      $ 4.45        —     
 

 

 

     

 

 

 

Total

    735          —     
 

 

 

     

 

 

 

Fiscal year 2014 grants

     

Restricted stock units

    482      $ 4.09        135   

Restricted stock awards

    60      $ 5.81        14   
 

 

 

     

 

 

 

Total

    542          149   
 

 

 

     

 

 

 

Transition period 2014 grants

     

Restricted stock units

    277      $ 5.28        171   

Restricted stock awards

    93      $ 3.78        44   
 

 

 

     

 

 

 

Total

    370          215   
 

 

 

     

 

 

 

Fiscal year 2015 grants

     

Restricted stock units

    562      $ 4.20        541   

Restricted stock awards

    62      $ 6.25        57   
 

 

 

     

 

 

 

Total

    624          598   
 

 

 

     

 

 

 

Accumulated Other Comprehensive Income (Loss)

The changes in the balances of each component of accumulated other comprehensive income (loss) are as follows:

 

    Marketable
Securities
    Commodity
Hedges
    Interest
Rate Swaps
    Total  

Balance as of April 30, 2012

  $ 4      $ 413      $ (2,369   $ (1,952
 

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications

    23        (1,653     (1,257     (2,887

Amounts reclassified from accumulated other comprehensive loss

    —          621        3,626        4,247   
 

 

 

   

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income (loss)

    23        (1,032     2,369        1,360   
 

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of April 30, 2013

    27        (619     —          (592
 

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications

    12        (36     —          (24

Amounts reclassified from accumulated other comprehensive loss

    —          655        —          655   
 

 

 

   

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income

    12        619        —          631   
 

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of April 30, 2014

    39        —          —          39   

Other comprehensive income

    19        —          —          19   
 

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of December 31, 2014

    58        —          —          58   

Other comprehensive loss

    (51     —          —          (51
 

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of December 31, 2015

  $ 7      $ —        $ —        $ 7   
 

 

 

   

 

 

   

 

 

   

 

 

 
Reclassification Out of Accumulated Other Comprehensive Income (Loss)

A summary of reclassifications out of accumulated other comprehensive income (loss) for fiscal year 2015, transition period 2014, fiscal year 2014 and fiscal year 2013 is as follows:

 

    Fiscal Year     Eight Months            
    Ended     Ended     Fiscal Year Ended      
    December 31,     December 31,     April 30,      
    2015     2014     2014     2013      

Details about Accumulated Other

Comprehensive Income (Loss) Components

 

Amount Reclassified Out of Accumulated Other

Comprehensive Income (Loss)

   

Affected Line Item in the Consolidated

Statements of Operations

Loss on derivative instruments:

         

GreenFiber commodity hedges

  $ —        $ —        $ (405   $ (621   Loss from equity method investments

Interest rate contracts

    —          —                     —          (3,626   Loss on derivative instruments
 

 

 

   

 

 

   

 

 

   

 

 

   
    —          —          (405     (4,247  

Loss from continuing operations before income taxes and discontinued operations

    —          —          (250             —        Benefit for income taxes
 

 

 

   

 

 

   

 

 

   

 

 

   
  $ —        $ —        $ (655   $ (4,247  

Loss from continuing operations before discontinued operations