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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 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
 
Six Months Ended
 
 
June 30,
 
June 30,
(In millions)
 
2015
 
2014
 
2015
 
2014
Stock-based compensation expense
 
$
0.5

 
$
1.4

 
$
1.4

 
$
3.0

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
 
(12,381
)
 
3.84

Canceled
 
(321,880
)
 
25.35

Forfeited
 
(43,497
)
 
7.36

Outstanding June 30, 2015
 
3,544,775

 
$
11.99

Exercisable as of June 30, 2015
 
3,348,131

 
$
12.48

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:
 
Six Months Ended
 
June 30,
 
2015
 
2014
Volatility
46.0
%
 
46.2
%
Risk-free interest rate
1.9
%
 
1.9
%
Expected life (months)
73

 
73

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
 
862,706

 
3.97

Grant adjustments
 

 

Vested
 
(807,239
)
 
4.19

Forfeited
 
(867,445
)
 
3.76

Nonvested as of June 30, 2015
 
536,939

 
$
3.57