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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Schedule Of Share Based Compensation Expenses [Table Text Block]
The amount of share-based compensation expenses included in applicable costs of sales and expense categories and related tax effects are summarized as follows:
 
 
 
Year Ended December 31,
 
 
 
2011
 
2012
 
2013
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
Cost of revenues
 
$
124
 
176
 
235
 
Research and development
 
 
5,062
 
5,625
 
6,705
 
General and administrative
 
 
872
 
1,191
 
1,308
 
Sales and marketing
 
 
1,005
 
1,230
 
1,425
 
Total compensation recognized in income
 
$
7,063
 
8,222
 
9,673
 
Income tax benefit
 
$
818
 
1,886
 
2,170
 
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
RSUs activity under the long-term incentive plan during the periods indicated is as follows:
 
 
 
 
Number of
 
 
Weighted
 
 
 
 
Underlying
 
 
Average Grant
 
 
 
 
Shares for RSUs
 
 
Date Fair Value
 
 
 
 
 
 
 
 
 
Balance at January 1, 2011
 
 
2,688,382
 
$
2.87
 
Granted
 
 
2,727,278
 
 
1.10
 
Vested
 
 
(4,096,965)
 
 
1.74
 
Forfeited
 
 
(146,307)
 
 
2.87
 
Balance at December 31, 2011
 
 
1,172,388
 
 
2.68
 
Granted
 
 
5,522,279
 
 
1.95
 
Vested
 
 
(3,879,959)
 
 
2.10
 
Forfeited
 
 
(177,253)
 
 
2.81
 
Balance at December 31, 2012
 
 
2,637,455
 
 
1.99
 
Granted
 
 
867,771
 
 
10.15
 
Vested
 
 
(1,719,273)
 
 
5.70
 
Forfeited
 
 
(274,730)
 
 
1.92
 
Balance at December 31, 2013
 
 
1,511,223
 
 
2.47
 
Schedule Of Share Based Compensation Expenses Restricted Stock Units [Table Text Block]
The allocation of compensation expenses and related tax effects from the RSUs granted to employees under the long-term incentive plan are summarized as follows:
 
 
 
Year Ended December 31,
 
 
 
2011
 
2012
 
2013
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
Cost of revenues
 
$
124
 
176
 
235
 
Research and development
 
 
4,790
 
5,605
 
6,686
 
General and administrative
 
 
863
 
1,184
 
1,307
 
Sales and marketing
 
 
996
 
1,230
 
1,425
 
Total compensation from RSUs
 
$
6,773
 
8,195
 
9,653
 
Income tax benefit
 
$
818
 
1,886
 
2,170
 
Imaging Taiwan [Member]
 
Schedule of Nonvested Share Activity [Table Text Block]
Non-vested share activity of this award for Imaging Taiwan during the period indicated is as follows:
 
 
 
 
 
 
Weighted
 
 
 
Number of
 
Average Grant
 
 
 
Shares
 
Date Fair Value
 
 
 
 
 
 
 
 
 
Balance at January 1, 2011
 
 
1,939,490
 
$
0.72
 
Granted
 
 
567,689
 
 
0.72
 
Vested
 
 
(601,129)
 
 
0.72
 
Forfeited
 
 
(28,971)
 
 
0.72
 
Balance at December 31, 2011
 
 
1,877,079
 
 
0.72
 
Vested
 
 
(699,967)
 
 
0.72
 
Forfeited
 
 
(821,365)
 
 
0.72
 
Balance at December 31, 2012
 
 
355,747
 
 
0.72
 
Vested
 
 
(181,448)
 
 
0.72
 
Forfeited
 
 
(143,160)
 
 
0.72
 
Balance at December 31, 2013
 
 
31,139
 
 
0.72
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The risk-free rates for the expected term of the options are based on the interest rate of 3 years ROC central government bond at the time of grant.
 
 
 
2012
 
 
2013
 
Valuation assumptions:
 
 
 
 
 
 
 
 
Expected dividend yield
 
 
0
%
 
 
0
%
Expected volatility
 
 
43.29
%
 
 
39.50
%
Expected term (years)
 
 
3.125
 
 
 
2.125
 
Risk-free interest rate
 
 
0.87
%
 
 
0.85
%
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock option activity during the periods indicated is as follows:
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
Weighted
 
average
 
 
 
 
 
 
average
 
remaining
 
 
 
Number
 
exercise
 
contractual
 
 
 
of shares
 
price
 
term
 
 
 
 
 
 
 
 
 
 
 
 
Balance at January 1, 2012
 
 
-
 
$
-
 
 
 
 
Granted
 
 
1,115,000
 
 
1.004
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
Forfeited
 
 
(65,000)
 
 
1.004
 
 
 
 
Balance at December 31, 2012
 
 
1,050,000
 
 
1.004
 
 
3.5
 
Granted
 
 
425,000
 
 
1.000
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
Forfeited
 
 
(75,000)
 
 
1.004
 
 
 
 
Balance at December 31, 2013
 
 
1,400,000
 
 
1.003
 
 
2.5
 
Exercisable at December 31, 2013
 
 
700,000
 
 
1.003
 
 
 
 
Himax Media Solutions [Member]
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The risk-free rates for the expected term of the options are based on the interest rate of 10 years and 5 years ROC central government bond at the time of grant for the 2007 plan and the 2009 plan, respectively.
 
 
 
2007
 
2009
 
Valuation assumptions:
 
 
 
 
 
Expected dividend yield
 
0
%
0
%
Expected volatility
 
39.94
%
51.52
%
Expected term (years)
 
4.375
 
4.375
 
Risk-free interest rate
 
2.4776
%
2
%
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
Numbers of shares and related data have been retroactively adjusted to reflect the effect of Himax Media Solutions’ capital reduction. A summary of stock options activity during the periods indicated is as follows:
 
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
Weighted
 
 
average
 
 
 
 
 
 
average
 
 
remaining
 
 
 
 
Number
 
exercise
 
 
contractual
 
 
 
 
of shares
 
price
 
 
term
 
 
 
 
 
 
 
 
 
 
 
 
Balance at January 1, 2011
 
 
1,443,875
 
$
1.660
 
 
2.452
 
Granted
 
 
444,500
 
 
1.834
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
Forfeited
 
 
(346,813)
 
 
1.717
 
 
 
 
Balance at December 31, 2011
 
 
1,541,562
 
 
1.696
 
 
1.803
 
Granted
 
 
9,750
 
 
1.856
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
Forfeited
 
 
(372,187)
 
 
1.721
 
 
 
 
Balance at December 31, 2012
 
 
1,179,125
 
 
1.690
 
 
0.803
 
Granted
 
 
-
 
 
-
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
Forfeited
 
 
(890,625)
 
 
1.834
 
 
 
 
Balance at December 31, 2013
 
 
288,500
 
 
1.244
 
 
-
 
Exercisable at December 31, 2013
 
 
288,500
 
 
1.244