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Stock Options (Tables) | 12 Months Ended
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Dec. 31, 2014
Stock Options |
Schedule of common shares reserved for future issuance, including conversions of preferred stock, outstanding options and options available for future grant under all of the stock option plans | Common shares reserved for future issuance, including conversions of preferred stock, outstanding options and options available for future grant under all of the stock option plans totaled 4,423,407 shares at December 31, 2013 as follows, in thousands:
(In thousands) |  | Common Shares Reserved for Future Issuance |
Preferred Stock |  | 1,067 |
1995 Plan |  | 139 |
2005 Plan |  | 3,217 |
Total |  | 4,423 |
Summary of stock option activity |
|  | 2014 |  | 2013 |
|  | Number of Options (in thousands) |  | Weighted Average Exercise Price |  | Number of Options (in thousands) |  | Weighted Average Exercise Price |
Outstanding at beginning of year |  | 3,045 |  | $ | 0.74 |  | 2,779 |  | $ | 0.78 |
Granted at price = market value |  | 224 |  | 1.83 |  | 219 |  | 0.51 |
Granted at price > market value |  | 75 |  | 1.98 |  | 75 |  | 0.53 |
Exercised |  | (193 | ) | 0.40 |  | - |  | - |
Forfeited |  | (40 | ) | 1.28 |  | (3 | ) | 0.48 |
Expired |  | (33 | ) | 1.90 |  | (25 | ) | 1.99 |
Outstanding at end of year |  | 3,076 |  | $ | 0.86 |  | 3,045 |  | $ | 0.74 |
Options exercisable at end of year |  | 2,511 |  | $ | 0.78 |  | 2,396 |  | $ | 0.78 |
Schedule of information related to stock options outstanding and exercisable, by exercise price range |
|  | Options Outstanding |  | Options Exercisable |
Range of Exercise Prices |  | Outstanding at 12/31/14 (in thousands) |  | Weighted Average Remaining Contractual Life |  | Weighted Average Exercise Price |  | Exercisable at 12/31/14 (in thousands) |  | Weighted Average Exercise Price |
$ 0.20-$0.50 |  | 1,650 |  | 3.72 years |  | $ | 0.35 |  | 1,522 |  | $ | 0.34 |
$ 0.51-$1.00 |  | 825 |  | 4.66 years |  | $ | 0.68 |  | 669 |  | $ | 0.69 |
$ 1.01-$3.00 |  | 269 |  | 7.70 years |  | $ | 1.84 |  | 1 |  | $ | 1.10 |
$ 3.01-$5.44 |  | 332 |  | 0.64 years |  | $ | 3.02 |  | 319 |  | $ | 3.05 |
|  | 3,076 |  | 3.99 years |  | $ | 0.74 |  | 2,511 |  | $ | 0.78 |
Summary of information about outstanding stock options fully vested and expected to vest in the future as well as stock options fully vested and currently exercisable |
|  | Outstanding Stock Options (Fully Vested and Expected to Vest)* |  | Options that are Exercisable |
As of December 31, 2014 |  |  |  |  |
Number of outstanding options (in thousands) |  | 3,025 |  | 2,511 |
Weighted average remaining contractual life |  | 3.94 |  | 3.31 |
Weighted average exercise price per share |  | $ | 0.85 |  | $ | .78 |
Intrinsic value (in thousands) |  | $ | 6,032 |  | $ | 5,209 |
* Includes effects of expected forfeitures |  |  |  |  |

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- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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