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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Assumptions used in the Black-Scholes Option-Pricing Model
The assumptions used in the Black-Scholes option-pricing model for the three and nine months ended September 30, 2013 and 2012 are as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2013
 
2012
 
2013
 
2012
Risk free interest rate
1.5% to 1.7%

 
0.7% to 0.9%

 
0.8% to 1.7%

 
0.2% to 1.2%

Expected term
5.1 to 6.0 years

 
5.0 to 6.1 years

 
5.0 to 6.1 years

 
5.0 to 6.1 years

Expected volatility
82.8% to 83.9%

 
80.1% to 81.7%

 
82.8% to 87.9%

 
80.1% to 82.8%

Expected dividend yield
%
 
%
 
%
 
%
Stock-Based Compensation Expense
The Company recognized stock-based compensation expense as follows (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2013
 
2012
 
2013
 
2012
Cost of sales
$
119

 
$
53

 
$
227

 
$
130

Research and development
316

 
256

 
782

 
687

Selling, general and administrative
1,780

 
1,433

 
4,570

 
3,721

Restructuring

 

 
201

 

Total
$
2,215

 
$
1,742

 
$
5,780

 
$
4,538