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Share-based compensation
9 Months Ended
Sep. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Share-based compensation
12. Share-based compensation

All share-based compensation costs are measured at the grant date, based on the estimated fair value of the award, and are recognized as expense in the condensed consolidated statements of operations over the requisite service period.

The following table shows the detail of share-based compensation by line item in the condensed consolidated statements of operations:

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 

(US$ in thousands)

   2013      2012      2013     2012  

Cost of sales

   $ 27       $ 155       $ (249   $ 438   

Sales and marketing

     469         598         1,375        1,440   

General and administrative

     726         1,309         3,431        2,851   

Research and development

     55         34         157        105   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 1,277       $ 2,096       $ 4,714      $ 4,834   
  

 

 

    

 

 

    

 

 

   

 

 

 

For the nine months ended September 30, 2013 and 2012, there were no performance requirements for share-based compensation awarded to employees. In March 2013, the Company granted options to its newly-appointed Chief Executive Officer, which vesting is based on achieving certain market prices for the Company’s common stock.

During the three and nine months ended September 30, 2013, there were 56,281 and 199,725 shares, respectively, of common stock issued related to stock purchase plan issuances, stock option exercises and the vesting of restricted stock awards. During the three and nine months ended September 30, 2012, there were 332,985 and 814,022 shares, respectively, of common stock issued related to stock purchase plan issuances, stock option exercises and the vesting of restricted stock awards.