Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2016

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,
	2016		2015
Compensation cost recognized:
Stock options	$	69	$	214
Restricted stock and restricted stock units	1,086		940
Total stock-based compensation	$	1,155	$	1,154

Summary of Stock Option Activity and Related Information

A summary of stock option activity and related information for the three months ended March 31, 2016 is as follows:

	Three Months Ended March 31, 2016
	Options	Weighted Average Exercise Price
Outstanding at January 1, 2016	956,653	$	12.74
Granted	—	—
Exercised	—	—
Forfeited/expired	—	—
Outstanding at March 31, 2016	956,653	$	12.74
Exercisable at March 31, 2016	882,340	$	12.74

Unvested Stock Option Activity

A summary of our unvested stock options as of March 31, 2016, and the changes during the three months then ended is presented below:

	Three Months Ended March 31, 2016
	Outstanding		Weighted Average Grant-Date Fair Value
Unvested as of January 1, 2016	104,143		$	3.88
Granted	—		—
Vested	(29,830	)	4.27
Forfeited/expired	—		—
Unvested as of March 31, 2016	74,313		$	3.73

Schedule of Restricted Stock Activity

A summary of the status of our RSUs as of March 31, 2016, and of changes in RSUs outstanding during the three months ended March 31, 2016, is as follows:

	Three Months Ended March 31, 2016
	RSUs	Weighted Average Grant-Date Fair Value Per Share
Outstanding at January 1, 2016	463,413	$	12.97
Granted	814,170	4.01
Vested and converted	—	—
Forfeited	—	—
Outstanding at March 31, 2016	1,277,583	$	7.26

A summary of the status of our restricted stock awards as of March 31, 2016, and of changes in restricted stock outstanding during the three months ended March 31, 2016, is as follows:

	Three Months Ended March 31, 2016
	Shares	Weighted Average Grant-Date Fair Value Per Share
Outstanding at January 1, 2016	388,265	$	10.80
Granted	—	—
Vested	—	—
Forfeited	—	—
Outstanding at March 31, 2016	388,265	$	10.80