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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Compensation Cost
A summary of compensation cost recognized for stock-based payment arrangements is as follows:
(in thousands)
Three Months Ended March 31,
 
2015
 
2014
Compensation cost recognized:
 
 
 
Stock options
$
214

 
$
272

Restricted stock and restricted stock units
940

 
282

Total stock-based compensation
$
1,154

 
$
554

Schedule of Options, Valuation Assumptions
A summary of stock option activity and related information for the three months ended March 31, 2015 is as follows:
 
Three Months Ended March 31, 2015
 
Options
 
Weighted
Average
Exercise
Price
Outstanding at January 1, 2015
963,196

 
$
12.74

Granted

 

Exercised

 

Forfeited/expired

 

Outstanding at March 31, 2015
963,196

 
$
12.74

Exercisable March 31, 2015
801,485

 
$
12.74

Schedule of Stock Options Activity
A summary of stock option activity and related information for the three months ended March 31, 2015 is as follows:
 
Three Months Ended March 31, 2015
 
Options
 
Weighted
Average
Exercise
Price
Outstanding at January 1, 2015
963,196

 
$
12.74

Granted

 

Exercised

 

Forfeited/expired

 

Outstanding at March 31, 2015
963,196

 
$
12.74

Exercisable March 31, 2015
801,485

 
$
12.74


A summary of our unvested stock options as of March 31, 2015, and the changes during the three months then ended is presented below:
 
Three Months Ended March 31, 2015
 
Outstanding
 
Weighted
Average
Grant-Date
Fair Value
Unvested as of January 1, 2015
360,316

 
$
4.32

Granted

 

Vested
(198,605
)
 
4.84

Forfeited/expired

 

Unvested as of March 31, 2015
161,711

 
$
3.70

Schedule of Restricted Stock Activity
A summary of the status of our restricted stock awards as of March 31, 2015, and of changes in restricted stock outstanding during the three months ended March 31, 2015, is as follows:
 
Three Months Ended March 31, 2015
 
Shares
 
Weighted
Average
Grant-Date
Fair Value
Per Share
Outstanding at January 1, 2015
778,765

 
$
10.85

Granted

 

Vested

 

Forfeited
(9,090
)
 
11.00

Outstanding at March 31, 2015
769,675

 
$
10.85