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Stock Benefit Plans and Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Option Activity
A summary of the Company’s stock option activity under the 2005 Plan and related information is as follows (in thousands, except as indicated and per share data):
 
 
Shares
 
Weighted
average
exercise
price
 
Weighted
average
remaining
contractual
term
(in years)
 
Aggregate
intrinsic
value
Outstanding at December 31, 2014
8,267

 
$
2.08

 
7.35

 
$
71

Granted
457

 
$
1.28

 

 

Exercised
(5
)
 
$

 

 

Forfeited
(1,081
)
 
$
2.10

 

 

Outstanding at December 31, 2015
7,638

 
$
2.03

 
6.36

 
$

Options vested and exercisable at December 31, 2015
5,170

 
$
2.25

 
5.63

 
$

Options vested and expected to vest at December 31, 2015
7,304

 
$
2.05

 
6.25

 
$

Summary of Information about Restricted Stock Awards Activity
The following table summarizes information about the restricted stock awards activity (in thousands, except as indicated and per share data):
 
 
Shares
 
Weighted
average
grant
date fair
value
 
Weighted
average
remaining
recognition
period
(in years)
Unvested at December 31, 2014
690

 
$
1.60

 
1.83
Awarded
291

 
$
1.36

 
 
Vested
(243
)
 
$
1.44

 
 
Forfeited
(5
)
 
$
1.80

 
 
Unvested at December 31, 2015
733

 
$
1.55

 
0.88
Schedule of Performance-Based Units, Vested, Granted, and Forfeited
The recognition of compensation expense associated with PSUs requires judgment in assessing the probability of meeting the performance goals, as well as defined criteria for assessing achievement of the performance-related goals (in thousands, except as indicated and per share data):
 
Shares
 
Weighted
average
grant
date fair
value
 
Weighted
average
remaining
recognition
period
(in years)
Unvested at December 31, 2014
854

 
$
1.42

 
2.00
Awarded
1,854

 
$
1.34

 
 
Vested

 
$

 
 
Forfeited
(338
)
 
$
1.36

 
 
Unvested at December 31, 2015
2,370

 
$
1.37

 
1.67
Summary of Common Stock Reserved for Future Issuance
Common stock reserved for future issuance consists of the following (in thousands):
 
 
December 31, 2015
Stock options outstanding
7,638

Awards outstanding
733

Performance restricted stock units outstanding
2,370

Warrants outstanding
11,544

Authorized for future grant under 2005 Plan
3,840

 
 
 
26,125