Stock-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2014

Stock-Based Compensation Plans [Abstract]

Service Options – In August, 2012, we granted stock options to certain officers and other key employees as consideration for service. Options granted generally vest ratably over a three year period and have 10-year contractual terms. The table below summarizes service option activity during the year ended December 31, 2014:

	Number of Options			Weighted Average Grant-date Fair Value		Weighted Average Remaining Vesting Period	Aggregate Intrinsic Value
Service options outstanding at December 31, 2013		165,197		$	—
Granted		—			—
Exercised		—			—
Forfeited		(21,102	)	$	8.00
Service options outstanding at December 31, 2014		144,095		$	8.00	0.4 years		—
Service options vested or expected to vest		144,095		$	8.00	0.4 years		—
Service options exercisable at December 31, 2014		—		$	—	—		—

Restricted stock activity

Restricted Stock Units ("RSUs") – We grant RSUs to certain officers and other key employees as consideration for service. The table below summarizes RSU activity during the year ended December 31, 2014:

	Number of RSUs			Weighted Average Grant-date Fair Value		Weighted Average Remaining Vesting Period
RSUs unvested at December 31, 2013		887,958		$	7.28
Granted		1,030,412			4.41
Vested		(149,394	)		6.00
Forfeited		(257,202	)		7.68
RSUs unvested at December 31, 2014		1,511,774		$	5.42		—
RSUs expected to vest		1,041,001		$	-		1.73

Compensation expense recognized for share-based compensation programs

	Years Ended December 31,
(In thousands)	2014			2013			2012
Share-based compensation expense recognized		$	2,456		$	2,411		$	3,119

Assumption used with Black Scholes option-pricing model

In determining the estimated fair value of our stock option awards as of the grant date, we used the Black-Scholes option-pricing model with the assumptions illustrated in the table below:

	For the Year Ended December 31,
	2012
Expected Dividend Yield		0.00	%
Expected Volatility in Stock Price		56.4	%
Risk-Free Interest Rate		0.9	%
Expected Life of Stock Awards		6.0
Weighted-Average Fair Value at Grant Date	$	4.19