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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock-Based Compensation
Stock-based compensation consisted of the following:
 
 
Three Months Ended
 
 
March 31,
(In millions)
 
2015
 
2014
Stock-based compensation expense
 
$
0.9

 
$
1.6

Summary of Stock Option Activity
The following table summarizes our stock option activity:
 
 
Stock Options
 
Weighted Average Exercise Price
Outstanding December 31, 2014
 
3,897,986

 
$
13.07

Granted
 
24,547

 
3.94

Exercised
 

 

Canceled
 
(113,753
)
 
19.80

Forfeited
 
(39,687
)
 
5.15

Outstanding March 31, 2015
 
3,769,093

 
$
12.89

Exercisable as of March 31, 2015
 
3,351,970

 
$
13.92

Summary of Weighted Average Assumptions Used in the Valuation of Stock Options
The following table summarizes our weighted average assumptions used in the valuation of stock options:
 
Three Months Ended
 
March 31,
 
2015
 
2014
Volatility
46.0
%
 
43.0
%
Risk-free interest rate
1.9
%
 
1.1
%
Expected life (months)
73

 
72

Dividend yield

 

Summary of Restricted Stock Activity
The following table summarizes our restricted stock activity:
 
 
Restricted Stock
 
Weighted Average Grant Date Fair Value Per Share
Nonvested as of December 31, 2014
 
1,348,917

 
$
3.81

Granted
 
690,661

 
3.80

Grant adjustments
 

 

Vested
 
(332,069
)
 
3.74

Forfeited
 
(625
)
 
5.79

Nonvested as of March 31, 2015
 
1,706,884

 
$
3.82