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Equity Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Fair Value of Each Stock Option Granted Weighted-Average Assumptions

The fair value of each stock option granted was estimated using the following weighted-average assumptions:

 

 

  

Year Ended

 

 

Year Ended

 

 

Year Ended

 

 

  

December 31,

 

 

December 31,

 

 

December 31,

 

 

  

2014

 

 

2013

 

 

2012

 

Fair value of options granted

  

$

3.26

  

 

$

1.69

  

 

$

1.26

  

Expected volatility

  

 

117

 

 

91

 

 

89

Risk-free interest rate

  

 

2.0

 

 

1.3

 

 

1.5

Expected lives

  

 

6.1 years

  

 

 

7.0 years

  

 

 

7.0 years

  

Dividend rate

  

 

2.3%

  

 

 

  

 

 

  

 

Summary of Stock Option Activity

The following is a summary of stock option activity: (in thousands, except exercise price data and contractual life data):

 

 

  

 

 

 

 

 

  

Weighted-

 

  

 

 

 

  

 

 

 

Weighted-

 

  

Average

 

  

 

 

 

  

Number

 

 

Average

 

  

Remaining

 

  

Aggregate

 

 

  

of

 

 

Exercise

 

  

Contractual

 

  

Intrinsic

 

Options

  

Shares

 

 

Price

 

  

Life (Years)

 

  

Value

 

Outstanding at December 31, 2011

  

 

7,205

  

 

$

6.68

  

  

 

 

 

  

 

 

 

Granted

  

 

2,592

  

 

$

1.64

  

  

 

 

 

  

 

 

 

Exercised

  

 

(50

 

 

0.46

  

  

 

 

 

  

$

45

  

Forfeited or cancelled

  

 

(1,540

 

 

9.72

  

  

 

 

 

  

 

 

 

Outstanding at December 31, 2012

  

 

8,207

  

 

$

4.55

  

  

 

 

 

  

 

 

 

Granted

  

 

2,815

  

 

$

2.18

  

  

 

 

 

  

 

 

 

Exercised

  

 

(1,683

 

 

1.67

  

  

 

 

 

  

$

4,965

  

Forfeited or cancelled

  

 

(1,622

 

 

5.70

  

  

 

 

 

  

 

 

 

Outstanding at December 31, 2013

  

 

7,717

  

 

$

4.05

  

  

 

 

  

  

$

22,023

  

Granted

  

 

350

  

 

$

4.4

  

  

 

 

 

  

 

 

 

Exercised

  

 

(1,042

 

 

1.77

  

  

 

 

 

  

$

5,036

  

Forfeited or cancelled

  

 

(1,470

 

 

8.53

  

  

 

 

 

  

 

 

 

Outstanding at December 31, 2014

  

 

5,555

  

 

$

3.33

  

  

 

6.12

  

  

$

19,015

  

Vested and Exercisable at December 31, 2014

  

 

2,594

  

 

$

4.69

  

  

 

3.91

  

  

$

6,157

  

Vested and Expected to Vest at December 31, 2014

  

 

3,546

  

 

$

2.24

  

  

 

8.01

  

  

$

15,046

  

 

Summary of Nonvested Restricted Stock and Restricted Stock Units Activity

The following is a summary of nonvested restricted stock and restricted stock units activity: (in thousands, except grant date fair value data):

 

 

  

 

 

 

Weighted-

 

 

  

Number

 

 

Average

 

 

  

of

 

 

Grant Date

 

 

  

Shares

 

 

Fair Value

 

Nonvested balance at December 31, 2011

  

 

1,910

  

 

$

2.81

  

Vested

  

 

(840

 

 

3.37

  

Forfeited or cancelled

  

 

(55

 

 

1.97

  

Nonvested balance at December 31, 2012

  

 

1,015

  

 

$

2.43

  

Vested

  

 

(487

 

 

2.16

  

Forfeited or cancelled

  

 

(34

 

 

1.78

  

Nonvested balance at December 31, 2013

  

 

494

  

 

$

2.73

  

Granted

  

 

1,181

  

 

 

4.51

  

Vested

  

 

(489

 

 

3.38

  

Forfeited or cancelled

  

 

(17

 

 

2.53

  

Nonvested balance at December 31, 2014

  

 

1,169

  

 

$

4.15