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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2014
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 six months ended June 30, 2014 and 2013 are as follows:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Risk free interest rate
1.6% to 1.9%

 
1.2
%
 
1.6% to 2.0%
 
0.8% to 1.2%
Expected term
5.1 to 6.1 years

 
5.1 to 6.0 years

 
5.1 to 6.1 years
 
5.0 to 6.1 years
Expected volatility
84.2% to 84.7%

 
84.5% to 85.6%

 
84.2% to 84.9%
 
84.5% to 87.9%
Expected dividend yield
%
 
%
 
—%
 
—%
Stock-Based Compensation Expense
The Company recognized stock-based compensation expense as follows (in thousands):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Cost of goods sold
$
141

 
$
63

 
$
268

 
$
108

Research and development
364

 
250

 
721

 
466

Selling, general and administrative
2,280

 
1,465

 
4,303

 
2,790

Restructuring

 
201

 

 
201

Total
$
2,785

 
$
1,979

 
$
5,292

 
$
3,565