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Equity Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2017
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

 

 

 

December 31,

 

 

 

2015

 

Fair value of options granted

 

$

4.10

 

Expected volatility

 

 

84

%

Risk-free interest rate

 

 

1.6

%

Expected lives

 

 

6.0 years

  

Dividend rate

 

 

1.6

%

 

Summary of Stock Option Activity

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

 

Options

 

Number of Shares

 

 

Weighted-Average Exercise Price

 

 

Weighted-Average Remaining Contractual Life (Years)

 

 

Aggregate Intrinsic Value

 

Outstanding at December 31, 2014

 

 

5,555

 

 

$

3.33

 

 

 

 

 

 

 

 

 

Granted

 

 

75

 

 

$

6.45

 

 

 

 

 

 

 

 

 

Exercised

 

 

(966

)

 

 

2.23

 

 

 

 

 

 

$

4,954

 

Forfeited or cancelled

 

 

(1,241

)

 

 

7.07

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2015

 

 

3,423

 

 

$

2.35

 

 

 

 

 

 

$

18,341

 

Exercised

 

 

(925

)

 

$

2.36

 

 

 

 

 

 

$

4,278

 

Forfeited or cancelled

 

 

(165

)

 

 

3.61

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2016

 

 

2,333

 

 

 

2.26

 

 

 

 

 

 

$

11,061

 

Exercised

 

 

(915

)

 

 

1.89

 

 

 

 

 

 

$

3,689

 

Forfeited or cancelled

 

 

(90

)

 

 

2.48

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2017

 

 

1,328

 

 

$

2.50

 

 

 

4.66

 

 

$

6,175

 

Vested and Exercisable at December 31, 2017

 

 

1,252

 

 

$

2.32

 

 

 

4.52

 

 

$

6,045

 

Vested and Expected to Vest at December 31, 2017

 

 

1,082

 

 

$

2.52

 

 

 

5.10

 

 

$

5,008

 

 

Summary of Nonvested Restricted Stock and Restricted Stock Units Activity

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

 

 

 

Number of Shares

 

 

Weighted-Average Grant Date Fair Value

 

Nonvested balance at December 31, 2014

 

 

1,169

 

 

$

4.15

 

Granted

 

 

764

 

 

 

8.25

 

Vested

 

 

(614

)

 

 

4.91

 

Forfeited or cancelled

 

 

(51

)

 

 

4.52

 

Nonvested balance at December 31, 2015

 

 

1,268

 

 

$

6.39

 

Granted

 

 

931

 

 

 

6.78

 

Vested

 

 

(685

)

 

 

6.28

 

Forfeited or cancelled

 

 

(134

)

 

 

6.25

 

Nonvested balance at December 31, 2016

 

 

1,380

 

 

$

6.73

 

Granted

 

 

1,104

 

 

 

7.31

 

Vested

 

 

(844

)

 

 

6.64

 

Forfeited or cancelled

 

 

(83

)

 

 

7.21

 

Nonvested balance at December 31, 2017

 

 

1,557

 

 

$

7.18