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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2013
Schedule of Information with Respect to Outstanding and Exercisable Stock Options

The following table summarizes information with respect to all outstanding and exercisable stock options under all of our plans as of December 31, 2013:

 

     Options Outstanding      Options Exercisable  

Range of Exercise Prices

   Number of Options
Outstanding
     Weighted Average
Exercise Price
     Weighted Average
Remaining
Contractual Term
(in Years)
     Number
Exercisable
     Weighted Average
Exercise Price
 

$  2.20    $  2.20

     644,628       $ 2.20         9.27         —         $ 0.00   

$  2.62    $  2.65

     96,729       $ 2.65         9.61         2,221       $ 2.62   

$  2.72    $  2.72

     700,972       $ 2.72         9.17         337,500       $ 2.72   

$  2.82    $  6.51

     415,002       $ 3.79         9.21         84,648       $ 4.94   

$  8.63    $13.67

     394,500       $ 9.81         7.13         223,804       $ 10.70   

$14.96    $22.04

     480,384       $ 20.31         4.83         437,192       $ 20.17   

$22.13    $30.67

     481,244       $ 27.67         5.91         431,076       $ 27.96   

$30.80    $34.70

     498,751       $ 33.31         2.16         498,751       $ 33.31   

$34.86    $62.56

     185,100       $ 54.94         0.72         185,100       $ 54.94   

$68.24    $68.24

     3,125       $ 68.24         0.43         3,125       $ 68.24   
  

 

 

          

 

 

    
     3,900,435       $ 15.15         6.76         2,203,417       $ 23.42   
  

 

 

          

 

 

    
Schedule of Restricted Stock Units to be Settled in Cash

The following table summarizes information with respect to all cash-settled restricted stock units during the year to date ended December 31, 2013:

 

     Restricted Stock
Units to be Settled
in Cash
 

Outstanding as of December 31, 2012

     —     

Granted

     2,938,283   

Vested

     —     

Forfeited

     (649,368
  

 

 

 

Outstanding as of December 31, 2013

     2,288,915   
  

 

 

 
Schedule of Fair Value of Stock Option Award Granted Estimated on Date of Grant Using the Black-Scholes-Merton Option Pricing Model

The weighted average fair value per share of stock option awards granted during the years ended December 31, 2013, 2012 and 2011, and assumptions used to value stock options are as follows:

 

     For the Year Ended
December 31,
 
     2013     2012     2011  

Dividend yield

     —          —          —     

Risk-free interest rate

     1.1     0.6     2.2

Weighted average volatility

     64.6     68.4     53.3

Expected life (in years)

     5.6        5.2        5.5   

Weighted average grant date fair value per share of options granted

   $ 1.47      $ 4.10      $ 10.89   
Employee Stock Option [Member]
 
Summary of Stock Option Activity

Stock option activity during the years ended December 31, 2013, 2012 and 2011, under all of our plans was as follows:

 

     Options     Weighted Average
Exercise Price
     Weighted
Average
Remaining
Contractual
Term
     Aggregate
Intrinsic
Value (in
thousands)
 

Outstanding as of December 31, 2010

     3,574,614      $ 28.29         
  

 

 

         

Granted

     565,720        21.87         

Exercised

     (141,625     14.60          $ 1,112   

Forfeited

     (456,459     24.69         

Cancelled

     (188,788     36.94         
  

 

 

         

Outstanding as of December 31, 2011

     3,353,462      $ 27.79         
  

 

 

         

Granted

     534,895        7.91         

Exercised

     —          —            $ —     

Forfeited

     (196,400     18.52         

Cancelled

     (1,100,070     24.09         
  

 

 

         

Outstanding as of December 31, 2012

     2,591,887      $ 25.96         
  

 

 

         

Granted

     1,934,005        2.58         

Exercised

     (1,275     3.08          $ 3   

Forfeited

     (261,366     5.19         

Cancelled

     (362,816     31.60         
  

 

 

         

Outstanding as of December 31, 2013

     3,900,435      $ 15.15         6.8 years       $ 5,513   
  

 

 

         

Exercisable as of December 31, 2013

     2,203,417      $ 23.42         5.0 years       $ 1,116   
  

 

 

         
Restricted Stock Shares [Member]
 
Schedule of Information with Respect to Outstanding Shares of Restricted Stock

The following table summarizes information with respect to all outstanding restricted stock and restricted stock units to be settled in shares of stock under our plans during the years ended December 31, 2013, 2012 and 2011:

 

     Restricted Stock to be Settled in Shares of Stock  
     Shares     Weighted Average
Grant-Date Fair
Value Per Share
     Units     Weighted Average
Grant-Date Fair
Value Per Unit
     Total  

Outstanding as of December 31, 2010

     2,188,636      $ 23.17         —        $ —           2,188,636   

Granted

     1,266,170        21.83         —          —           1,266,170   

Vested

     (816,017     15.55         —          —           (816,017

Forfeited

     (842,042     25.19         —          —           (842,042
  

 

 

      

 

 

      

 

 

 

Outstanding as of December 31, 2011

     1,796,747      $ 24.74         —        $ —           1,796,747   
  

 

 

      

 

 

      

 

 

 

Granted

     —          —           1,416,832        8.32         1,416,832   

Vested

     (374,260     24.74         —          —           (374,260

Forfeited

     (568,196     24.73         (272,899     8.53         (841,095
  

 

 

      

 

 

      

 

 

 

Outstanding as of December 31, 2012

     854,291      $ 24.74         1,143,933      $ 8.27         1,998,224   
  

 

 

      

 

 

      

 

 

 

Granted

     —          —           43,313        2.72         43,313   

Vested

     (208,461     23.10         (306,605     8.60         (515,066

Forfeited

     (424,268     27.01         (342,020     7.22         (766,288
  

 

 

      

 

 

      

 

 

 

Outstanding as of December 31, 2013

     221,562      $ 22.19         538,621      $ 8.30         760,183