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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of stock option grants
The following table summarizes stock option grants during the years ended December 31, 2013, 2012, and 2011:
Grantee
Type
 
# of
Options
Granted
 
Vesting Period
 
Weighted
Average
Exercise Price
 
Weighted
Average Grant
Date Fair Value
2013
 
 
 
 
 
 
 
 
Director group
 
75,490

 
1 year or less
 
$
5.67

 
$
2.00

Director group
 
17,092

 
3 years
 
$
6.83

 
$
3.76

Employee group
 
549,875

 
3 years
 
$
5.75

 
$
2.48

Employee inducement (1)
 
20,000

 
3 years
 
$
7.14

 
$
3.81

 
 
 
 
 
 
 
 
 
2012
 
 
 
 
 
 
 
 
Director group
 
56,261

 
1 year or less
 
$
7.55

 
$
3.89

Director
 
8,546

 
3 years
 
$
7.72

 
$
4.25

Employee group
 
597,250

 
3 years
 
$
7.54

 
$
4.12

Employee inducement (2)
 
45,000

 
3 years
 
$
8.54

 
$
4.58

 
 
 
 
 
 
 
 
 
2011
 
 
 
 
 
 
 
 
Director group
 
65,801

 
1 year or less
 
$
7.23

 
$
4.06

Director group
 
16,237

 
3 years
 
$
6.32

 
$
3.98

Employee group
 
140,000

 
2 years
 
$
6.09

 
$
3.72

Employee group
 
475,064

 
3 years
 
$
7.38

 
$
4.33

Employee inducement (3)
 
200,000

 
3-4 years
 
$
5.37

 
$
3.13

 
(1)
The Company granted non-qualified performance-based stock options outside its existing stock-based compensation plans in the first quarter of 2013 to one employee in connection with the employee joining the Company.
(2)
The Company granted non-qualified stock options outside its existing stock-based compensation plans in the third quarter of 2012 to one employee in connection with the employee joining the Company.
(3)
The Company granted non-qualified stock options outside its existing stock-based compensation plans in the fourth quarter of 2011 to three employees in connection with their joining the company, which included 100,000 performance-based options. These options were forfeited in 2012.
Summary of nonvested stock awards granted
The following table summarizes nonvested stock awards granted during the years ended December 31, 2013, 2012 and 2011:
Grantee
Type
 
# of Shares
Granted
 
Vesting Period
 
Weighted
Average Grant
Date Fair Value
2013
 
 
 
 
 
 
Director group
 
75,490

 
1 year or less
 
$
5.67

Director group
 
17,092

 
3 years
 
$
6.83

Employee group
 
599,875

 
3 years
 
$
5.82

Employee inducement (1)
 
20,000

 
3 years
 
$
7.14

 
 
 
 
 
 
 
2012
 
 
 
 
 
 
Director group
 
56,261

 
1 year or less
 
$
7.55

Director
 
8,546

 
3 years
 
$
7.72

Employee group
 
426,286

 
3 years
 
$
7.55

Employee inducement (2)
 
45,000

 
3 years
 
$
8.54

 
 
 
 
 
 
 
2011
 
 
 
 
 
 
Director group
 
65,801

 
1 year or less
 
$
7.23

Director group
 
17,237

 
3 years
 
$
6.34

Employee group
 
60,000

 
2 years
 
$
6.09

Employee group
 
455,064

 
3 years
 
$
7.41

Employee inducement (3)
 
120,000

 
3-4 years
 
$
5.66

 
(1)
The Company granted nonvested performance-based stock awards (restricted stock) outside its existing stock-based compensation plans in the first quarter of 2013 to one employee in connection with the employee joining the Company.
(2)
The Company granted nonvested stock awards (restricted stock units) outside its existing stock-based compensation plans in the third quarter of 2012 to one employee in connection with the employee joining the Company.
(3)
The Company granted performance-based nonvested stock awards (restricted stock) outside its existing stock-based compensation plans in the fourth quarter of 2011 to two employees in connection with their joining the company. These restricted stock awards were forfeited in 2012.

A summary of nonvested stock awards (restricted stock and restricted stock units) activity as of December 31, 2013, and changes during the year then ended is presented below:
Nonvested Stock
 
Shares
 
Weighted
Average Grant
Date Fair Value
(Per Share)
Nonvested at January 1, 2013
 
1,068,008

 
$
6.54

Granted
 
712,457

 
5.86

Vested
 
(770,571
)
 
5.96

Forfeited
 
(113,485
)
 
6.78

Nonvested at December 31, 2013
 
896,409

 
$
6.47

Summary of stock option activity
A summary of option activity as of December 31, 2013, and changes during the year then ended is presented below:
Options
 
Shares
 
Weighted-
Average
Exercise
Price
(Per Share)
 
Weighted-
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
($ 000’s)
Outstanding at January 1, 2013
 
2,984,160

 
$
6.70

 
 
 
 
Granted
 
662,457

 
5.81

 
 
 
 
Exercised
 
(202,159
)
 
4.53

 
 
 
$
354

Forfeited
 
(322,038
)
 
8.34

 
 
 
 
Expired
 
(87,000
)
 
6.29

 
 
 
 
Outstanding at December 31, 2013
 
3,035,420

 
$
6.49

 
4.12 years
 
$
3,558

Exercisable at December 31, 2013
 
2,140,468

 
$
6.49

 
3.31 years
 
$
3,061