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Share-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Employee service share based compensation allocation of recognized period
The following table presents share-based compensation expense attributable to stock options and restricted shares:
 
For the Year Ended December 31,
 
2013
 
2012
 
2011
 
(In thousands)
Stock options
$
883

 
$
1,160

 
$
2,025

Restricted shares
2,088

 
1,560

 
2,985

Total share-based compensation expense
$
2,971

 
$
2,720

 
$
5,010


The following table presents share-based compensation expense included in the Consolidated Statements of Income:
 
For the Year Ended December 31,
 
2013
 
2012
 
2011
 
(In thousands)
Selling, general and administrative
$
2,591

 
$
2,368

 
$
4,363

Research and development
380

 
352

 
647

Total share-based compensation expense
$
2,971

 
$
2,720

 
$
5,010

Summary of awards termination dates and shares available for grant
A summary of the stock plans, the respective plan termination dates and shares available for grant as of December 31, 2013, is shown below:
Stock Plans
 
Amended and Restated
2007 Equity
Incentive Plan
 
2003
Inducement Plan
Contractual life (years)
 
10
 
10
Plan termination date
 
Board of Directors
Discretion
 
Board of Directors
Discretion
Shares available for grant at December 31, 2013 (in thousands)
 
11,580
 
471
Summary of all common stock option activity
The following table summarizes our stock option activity for the year ended December 31, 2013:
 
Number of
Shares
(In thousands)
 
Weighted Average
Exercise Price
per Share
 
Weighted Average
Remaining
Contractual Term
(Years)
 
Aggregate
Intrinsic
Value
(In thousands)
Outstanding at December 31, 2012
4,893
 
$
9.52

 
 
 
 
Granted
2,085
 
4.39

 
 
 
 
Exercised
(96)
 
4.65

 
 
 
 
Forfeited or expired
(2,009)
 
11.69

 
 
 
 
Outstanding at December 31, 2013
4,873
 
$
6.52

 
5.74
 
$
4,661

Fully vested at December 31, 2013 and expected to vest thereafter
4,834
 
$
6.54

 
5.71
 
$
4,594

Exercisable at December 31, 2013
2,688
 
$
8.22

 
2.70
 
$
926

Assumptions used in valuing the weighted average fair values of the options granted

The following assumptions were used to calculate weighted average fair values of the options granted:
 
For the Year Ended December 31,
 
2013
 
2012
 
2011
Expected life (in years)
6.2

 
6.0

 
6.2

Risk-free interest rate
1.7
%
 
1.0
%
 
2.4
%
Volatility
60
%
 
65
%
 
67
%
Dividend yield

 

 

Weighted average grant date fair value per option granted
$
2.49

 
$
2.68

 
$
4.06

Restricted share activity

The following table summarizes our restricted share activity for the year ended December 31, 2013:
 
Number of
Shares
(In thousands)
 
Weighted Average
Grant Date
Fair Value
(Per Share)
Nonvested at December 31, 2012
816

 
$
5.61

Awards granted
750

 
4.50

Awards vested
(277
)
 
6.19

Awards forfeited
(117
)
 
4.92

Nonvested at December 31, 2013
1,172

 
$
4.83