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Stock-Based Awards (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Options Activity

A summary of option activity is as follows:

 

     Options      Weighted-
Average
Exercise
Price
 

Outstanding January 1, 2012

     20,852,614       $ 0.79   

Granted

     —           0.00   

Forfeitures or expirations

     (73,907      1.75   

Exercised

     (8,018,516      0.58   
  

 

 

    

 

 

 

Outstanding at December 31, 2012

  12,760,191    $ 0.95   

Granted

  —        0.00   

Forfeitures or expirations

  (40,000   4.11   

Exercised

  (4,875,500   0.38   
  

 

 

    

 

 

 

Outstanding at December 31, 2013

  7,844,691    $ 1.29   

Granted

  —        0.00   

Forfeitures or expirations

  —        0.00   

Exercised

  (2,514,621   0.61   
  

 

 

    

 

 

 

Outstanding at December 31, 2014

  5,330,070    $ 1.61   
  

 

 

    

 

 

 

Summary of Stock Options Outstanding

The following table summarizes information on stock options outstanding at December 31, 2014:

 

     Options Outstanding      Options Exercisable  
Range of Exercise Prices    Number
Outstanding at
December 31,
2014
     Weighted-
Average
Remaining
Contractual
Life in Years
     Weighted-
Average
Exercise
Price
     Number
Exercisable at
December 31,
2014
     Weighted-
Average
Exercise
Price
     Aggregate
Intrinsic
Value at
December 31,
2014
 

$0.70 – $0.70

     2,435,000         4.1         0.70         2,285,000         0.70         34,218   

$1.07 – $1.07

     1,368,891         2.1         1.07         1,368,891         1.07         19,993   

$2.03 – $4.03

     948,299         3.4         2.19         948,299         2.19         12,790   

$5.05 – $5.05

     360,000         6.1         5.05         247,500         5.05         2,630   

$6.36 – $6.82

     122,880         6.5         6.49         72,880         6.48         670   

$7.01 – $8.51

     95,000         6.7         7.50         65,000         7.51         531   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
  5,330,070      3.7    $ 1.61      4,987,570    $ 1.47    $ 70,832   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Summary of Restricted Shares Outstanding

The following table summarizes information about restricted shares outstanding for the years ended December 31, 2014, 2013 and 2012:

 

     Restricted
Stock Awards
 

Unvested balance at January 1, 2012

     1,311,371   

Granted

     1,209,114   

Vested

     (1,209,121

Forfeited

     (30,220
  

 

 

 

Unvested balance at December 31, 2012

  1,281,144   

Granted

  981,810   

Vested

  (358,334

Forfeited

     (7,743
  

 

 

 

Unvested balance at December 31, 2013

  1,896,877   

Granted

  623,088   

Vested

  (996,385

Forfeited

  (9,641
  

 

 

 

Unvested balance at December 31, 2014

  1,513,939   
  

 

 

 

Summary of Stock-Based Compensation Expense

The following table summarizes the Company’s stock-based compensation expense:

 

     For the Year Ended
December 31,
 
     2014      2013      2012  

Employees and directors option awards

   $ 487       $ 381       $ 1,436   

Employees and directors restricted stock awards

     7,650         6,078         3,814   

Nonemployee consultants and special advisers restricted stock awards

     —           —           2,187   
  

 

 

    

 

 

    

 

 

 

Total

$ 8,137    $ 6,459    $ 7,437   
  

 

 

    

 

 

    

 

 

 

Summary of Unrecognized Stock-Based Compensation Expense and Remaining Vesting Period

The following table summarizes the Company’s unrecognized stock-based compensation expense and remaining vesting period as of December 31, 2014:

 

     Unrecognized Stock-Based
Compensation
     Average
Remaining
Vesting Period
 

Employees and directors option awards

   $ 415         1.06   

Employees and directors restricted stock awards

   $ 10,574         1.41