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Equity Incentive Plan (Tables)
12 Months Ended
Dec. 31, 2014
Summary of Plan Includes Stock Options and Restricted Stock Units

The following is a summary of, the 2004 Plan, and the 2005 Plan, which includes stock options and restricted stock units:

 

     Unit
(in Thousands)
 

Available for grant at January 1, 2012

     6,506   

Restricted stock units granted

     (1,461

Option and restricted stock units forfeited

     291   
  

 

 

 

Available for grant at December 31, 2012

  5,336   

Restricted stock units granted

  (1,893

Option and restricted stock units forfeited

  123   
  

 

 

 

Available for grant at December 31, 2013

  3,566   

Restricted stock units granted

  (1,923

Option and restricted stock units forfeited

  44   
  

 

 

 

Available for grant at December 31, 2014

  1,687   
  

 

 

 
Summary of Stock Option Activity

A summary of the stock option activity and related information is as follows:

 

     Number of
Options
Shares
(in Thousands)
     Weighted
Average
Exercise
Price
(US$)
     Weighted
Average
Remaining
Contractual
Life
(Years)
 

Outstanding at January 1, 2012

     1,849         1.47      

Options forfeited

                  

Options exercised

     (152      1.47      
  

 

 

    

 

 

    

Outstanding at December 31, 2012

  1,697      1.47      3.14   
  

 

 

    

 

 

    

Options vested and expected to vest after December 31, 2012

  1,697      1.47      3.14   

Options forfeited

         

Options exercised

  (287   1.47   
  

 

 

    

 

 

    

Outstanding at December 31, 2013

  1,410      1.47      2.14   
  

 

 

    

 

 

    

Options vested and expected to vest after December 31, 2013

  1,410      1.47      2.14   

Options forfeited

         

Options exercised

  (352   1.46   
  

 

 

    

 

 

    

Outstanding at December 31, 2014

  1,058      1.47      1.35   
  

 

 

    

 

 

    

Options vested and expected to vest after December 31, 2014

  1,058      1.47      1.35   
  

 

 

    

 

 

    

Options exercisable at December 31, 2014

  1,058      1.47      1.35   
  

 

 

    

 

 

    
Summary of Restricted Stock Units and Changes

A summary of the status of restricted stock units and changes is as follows:

 

     Number of
Non-vested
Stock Units
(in Thousands)
     Weighted
Average
Grant
Date
Fair
Value
(US$)
     Weight
Average
Remaining
Recognition
Period
(Years)
 

Non-vested at January 1, 2012

     11,164         1.99      

Restricted stock units granted

     1,461         4.55      

Restricted stock units vested

     (5,316      1.75      

Restricted stock units forfeited

     (291      2.47      
  

 

 

    

 

 

    

Non-vested at December 31, 2012

  7,018      2.68      0.83   

Restricted stock units granted

  1,893      3.13   

Restricted stock units vested

  (4,867   2.60   

Restricted stock units forfeited

  (123   2.60   
  

 

 

    

 

 

    

Non-vested at December 31, 2014

  3,921      2.90      0.43   

Restricted stock units granted

  1,923      5.13   

Restricted stock units vested

  (3,640   2.96   

Restricted stock units forfeited

  (44   4.92   
  

 

 

    

 

 

    

Non-vested at December 31, 2014

  2,160      4.90      0.31   
  

 

 

    

 

 

    
Stock-based Compensation Expense

The following table shows total stock-based compensation expense included in the Consolidated Statements of Income for the years ended December 31, 2012, 2013 and 2014.

 

     Year Ended December 31  
     2012      2013      2014  
     US $      US $      US$  

Cost of sales

     375         308         282   

Research and development

     7,055         6,351         6,773   

Sales and marketing

     2,494         2,197         1,746   

General and administrative

     1,878         1,406         1,546   
  

 

 

    

 

 

    

 

 

 
  11,802      10,262      10,347