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Stock-Based Compensation
6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation
11. Stock-Based Compensation

The Company grants stock options and restricted stock awards pursuant to a stockholder approved stock-based incentive plan. This incentive plan is described in further detail in Note 15, Stock-Based Compensation, of Notes to Consolidated Financial Statements in the Annual Report on Form 10-K for the fiscal year ended December 31, 2013.

The following table summarizes the Company’s stock option and restricted stock award activity during the six months ended June 30, 2014:

 
 
 
 
Stock Options
 
Restricted Stock Awards
(In thousands except per share amounts)
 
Shares Available for Grant
 
Number of Shares Outstanding
 
Weighted Average Exercise Price
 
Number of Shares Outstanding
 
Weighted Average Grant-date Fair Value Per Share
Balance December 31, 2013
 
4,478

 
172

 
$
16.52

 
114

 
$
7.45

Granted
 
(296
)
 

 
 
 
296

 
$
8.32

Shares released
 

 

 
 
 
(38
)
 
$
8.37

Forfeited or canceled
 
105

 
(105
)
 
$
22.60

 

 
 
Plan shares expired
 
(105
)
 

 
 
 

 
 
Balance at June 30, 2014
 
4,182

 
67

 
$
7.04

 
372

 
$
8.05