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Share-based compensation (Tables)
6 Months Ended
Jun. 30, 2015
Share-based compensation  
Schedule of share-based compensation expense

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

 

 

(in thousands)

 

Cost of sales

 

$

713 

 

$

620 

 

$

1,314 

 

$

1,180 

 

Selling, general, and administrative

 

3,112 

 

3,324 

 

5,910 

 

6,425 

 

Research and development

 

1,096 

 

1,147 

 

1,695 

 

2,208 

 

 

 

 

 

 

 

 

 

 

 

Total share-based compensation expense

 

$

4,921 

 

$

5,091 

 

$

8,919 

 

$

9,813 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of restricted share activity

 

 

 

 

Weighted Average
Grant Date

 

 

 

Number of Shares

 

Fair Value

 

 

 

(in thousands)

 

 

 

Restricted shares outstanding - December 31, 2014

 

1,237

 

$

34.27

 

Granted

 

597

 

31.32

 

Vested

 

(125

)

40.70

 

Forfeited

 

(59

)

35.92

 

 

 

 

 

 

 

Restricted shares outstanding - June 30, 2015

 

1,650

 

$

32.66

 

 

 

 

 

 

 

 

 

Summary of stock option activity

 

 

 

 

Weighted Average

 

 

 

Number of Shares

 

Exercise Price

 

 

 

(in thousands)

 

 

 

Stock options outstanding - December 31, 2014

 

2,391

 

$

31.65

 

Granted

 

17

 

30.22

 

Exercised

 

(74

)

19.07

 

Expired or forfeited

 

(119

)

38.62

 

 

 

 

 

 

 

Stock options outstanding - June 30, 2015

 

2,215

 

$

31.69