v2.4.1.9
SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2015
Disclosure Of Compensation Related Costs Sharebased Payments Abstract  
Schedule Of Restricted Stock Units Market Based
Three MonthsYear
EndedEnded
March 31,December 31,
20152014
(amounts in thousands, except per share data)
Reconciliation Of RSUs With Market Conditions
Beginning of period balance290-
Number of RSUs granted165290
Number of RSUs forfeited --
Number of RSUs vested(193)-
End of period balance262290
Average fair value of RSUs issued with market
conditions$8.39$6.90
Schedule Of Other Options Dislcosure
Three Months Ended March 31,
Option Exercise Data20152014
(amounts in thousands)
Intrinsic value of options exercised$72$135
Tax benefit from options exercised (1)$27$51
Cash received from exercise price of options exercised$31$26
Stock Option Valuation Assumptions
Three Months Ended
March 31,March 31,
20152014
Expected Volatility Structure (1)34% to 39%39% to 51%
Risk Free Interest Rate (2)0.1% to 1.1%0.1% to 0.4%
Dividend Yield (3)0.0%0.0%
Schedule Of significant ranges of outstanding and exercisable options
Options OutstandingOptions Exercisable
Number Of Weighted Number Of
OptionsAverageWeighted OptionsWeighted
Range OfOutstandingRemaining AverageExercisable Average
Exercise PricesMarch 31,ContractualExerciseMarch 31,Exercise
FromTo2015LifePrice2015Price
$1.34$1.34436,9253.9$1.34436,925$1.34
$2.02$11.7840,0004.0$9.4636,250$9.54
$1.34$11.78476,9253.9$2.02473,175$1.97
Schedule of recognized stock-based compensation expense
Three Months Ended
March 31,
20152014
(amounts in thousands)
Station operating expenses$177$135
Corporate general and administrative expenses9341,073
Stock-based compensation expense included in operating expenses1,1111,208
Income tax benefit (1)413353
Net stock-based compensation expense$698$855
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest
NumberWeightedAggregate
OfWeightedAverageIntrinsic
Restricted AverageRemainingValue As Of
StockPurchaseContractualMarch 31,
Period EndedUnitsPriceTerm (Years)2015
RSUs outstanding as of: December 31, 20141,258,685
RSUs awarded645,601
RSUs released(336,229)
RSUs forfeited(13,499)
RSUs outstanding as of: March 31, 20151,554,558$-1.7$18,887,880
RSUs vested and expected
to vest as of:March 31, 20151,414,787$-1.6$16,161,731
RSUs exercisable (vested and
deferred) as of:March 31, 201584,603$--$1,027,926
Weighted average remaining
recognition period in years2.4
Unamortized compensation
expense, net of estimated
forfeitures$10,435,775
Schedule Of Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding
WeightedIntrinsic
WeightedAverageValue
AverageRemainingAs Of
Number OfExerciseContractualMarch 31,
Period EndedOptionsPriceTerm (Years)2015
Options outstanding as of:December 31, 2014486,675$2.11
Options granted--
Options exercised(8,750)3.60
Options forfeited--
Options expired(1,000)33.90
Options outstanding as of:March 31, 2015476,925$2.023.9$4,830,724
Options vested and expected to vest as of:March 31, 2015476,670$2.023.9$4,829,850
Options vested and exercisable as of:March 31, 2015473,175$1.973.9$4,817,862
Weighted average remaining
recognition period in years2.4
Unamortized compensation expense,
net of estimated forfeitures$15,338