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Share-based payments (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Share Options Activity

Details of share options activity during the three months ended March 31, 2016 were as follows:

 

 

 

Number of

options

 

 

Weighted average exercise price per share

 

 

Weighted average

remaining

contractual term

 

Aggregate

intrinsic

value

 

Balance as of December 31, 2015

 

 

462,000

 

 

$

9.52

 

 

5.3 years

 

$

-

 

Forfeited

 

 

(30,000

)

 

$

9.59

 

 

 

 

 

 

 

Balance as of March 31, 2016

 

 

432,000

 

 

$

9.51

 

 

3.7 years

 

$

-

 

Options exercisable as of March 31, 2016

 

 

365,333

 

 

$

9.35

 

 

2.7 years

 

 

 

 

 

Unvested Balance of Options

The unvested balance of options were shown below for the three months ended March 31, 2016:

 

 

 

Number of

options

 

 

Weighted average exercise price per share

 

 

Weighted average

remaining

contractual term

Unvested as of December 31, 2015

 

 

126,667

 

 

$

9.02

 

 

8.1 years

Vested

 

 

(30,000

)

 

$

5.50

 

 

 

Forfeited

 

 

(30,000

)

 

$

9.59

 

 

 

Unvested as of March 31, 2016

 

 

66,667

 

 

$

10.34

 

 

9.4 years

 

Schedule of Unvested Restricted Share Units Activity

Details of unvested restricted stock unit activity during the three months ended March 31, 2016 were as follows:

 

 

 

Number of units

 

 

Weighted average

grant-date fair value

 

Unvested as of December 31, 2015 (2)

 

 

13,721,000

 

 

$

7.35

 

Vested and delivered

 

 

(332,542

)

 

 

6.50

 

Withheld as treasury stock (1)

 

 

(55,212

)

 

 

6.50

 

Vested not delivered

 

 

(22,667

)

 

 

6.50

 

Forfeited

 

 

(19,000

)

 

 

7.01

 

Unvested as of March 31, 2016 (2)

 

 

13,291,579

 

 

$

7.38

 

 

Schedule of Share-based Compensation

The share-based compensation expenses for the Company’s share options, RSUs and common stock were allocated to the following accounts in the condensed consolidated financial statement for the three months ended March 31, 2016 and 2015:

 

 

 

Three Months Ended March 31,

 

(In thousands)

 

2016

 

 

2015

 

Sales and marketing expenses

 

$

546

 

 

$

-

 

General and administrative expenses

 

 

6,832

 

 

 

59

 

Discontinued operations

 

 

-

 

 

 

43

 

Capitalized in intangible assets

 

 

278

 

 

 

-

 

Total

 

$

7,656

 

 

$

102