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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2018
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:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in thousands)
2018
 
2017
 
2018
 
2017
Compensation cost recognized:
 
 
 
 
 
 
 
Stock options
$

 
$

 
$

 
$

Restricted stock and restricted stock units
718

 
867

 
2,080

 
3,036

Total stock-based compensation
$
718

 
$
867

 
$
2,080

 
$
3,036

Summary of Stock Option Activity and Related Information
A summary of stock option activity and related information for the nine months ended September 30, 2018 is as follows:
 
Nine Months Ended September 30, 2018
 
Options
 
Weighted
Average
Exercise
Price
Outstanding at January 1, 2018
682,950

 
$
12.74

Granted

 

Exercised

 

Forfeited/expired

 

Outstanding at September 30, 2018
682,950

 
$
12.74

Exercisable at September 30, 2018
682,950

 
$
12.74

Schedule of Restricted Stock Activity
A summary of the status of our RSUs as of September 30, 2018, and of changes in RSUs outstanding during the nine months ended September 30, 2018, is as follows:
 
Nine Months Ended September 30, 2018
 
RSUs
 
Weighted
Average
Grant-Date
Fair Value
Per Share
Outstanding at January 1, 2018
993,320

 
$
5.11

Granted
641,041

 
4.55

Vested and converted
(350,528
)
 
5.03

Forfeited
(57,660
)
 
5.36

Outstanding at September 30, 2018
1,226,173

 
$
4.83