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Stock Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2016
Stock Incentive Plans  
Summary of the Company's stock option activity

 

 

Shares

 

Weighted-
Average
Exercise Price

 

Weighted
Average
Remaining
Contractual
Term (years)

 

Aggregate
Intrinsic Value
(in thousands)

 

Outstanding at December 31, 2015

 

1,723,554

 

$

6.66

 

7.92

 

$

4,267

 

Granted

 

1,043,045

 

4.47

 

 

 

 

 

Exercised

 

(51,732

)

1.98

 

 

 

 

 

Cancelled or forfeited

 

(228,458

)

6.59

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at September 30, 2016

 

2,486,409

 

$

5.84

 

8.14

 

$

4,037

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at September 30, 2016

 

978,785

 

$

4.93

 

6.53

 

$

2,327

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested or expected to vest at September 30, 2016

 

2,378,562

 

$

5.83

 

8.09

 

$

3,902