XML 37 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following is a summary of the assumptions used for the stock options granted during the three months ended March 31, 2014 and 2013, respectively, using the Black-Scholes pricing model:

 
Three Months Ended 
 March 31,
 
2014
 
2013
Expected life (years)
5.77

 
5.86

Risk-free interest rate
1.73
%
 
0.77
%
Expected volatility
63.80
%
 
65.66
%
Expected dividend yield

 

Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes stock option activity during the three months ended March 31, 2014

 
Shares
 
Weighted
 Average
 Exercise Price
 
Weighted Avg.
 Remaining
 Contractual Term
 (In Years)
 
Aggregate Intrinsic
 Value
Options outstanding at January 1, 2014
3,153,234

 
$
9.72

 
 
 
 
Granted
31,200

 
26.02

 
 
 
 
Exercised
(279,067
)
 
6.11

 
 
 
 
Canceled
(1,608
)
 
5.11

 
 
 
 
Options outstanding at March 31, 2014
2,903,759

 
$
10.24

 
7.20
 
$
58,265,652

Options exercisable at March 31, 2014
1,521,217

 
$
6.99

 
5.92
 
$
35,468,856