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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2017
Share-Based Compensation  
Schedule of activity of parent company under the 2007 Stock Option Plan

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

 

 

    

Weighted

 

 

 

 

 

 

 

 

 

 

average

 

 

 

 

Weighted

 

Aggregate

 

remaining

 

 

Number of

 

average

 

intrinsic

 

contractual

(in thousands, except exercise price and years)

 

options

 

exercise price

 

value

 

term (years)

Outstanding at December 31, 2016

 

36,973

 

$

0.77

 

$

9,315

 

7.8

Granted

 

723

 

 

1.19

 

 

 

 

 

Exercised

 

(41)

 

 

0.71

 

$

20

 

 

Forfeited or expired

 

(378)

 

 

0.79

 

 

 

 

 

Outstanding at June 30, 2017

 

37,277

 

$

0.78

 

$

15,428

 

7.4

Exercisable at June 30, 2017

 

17,764

 

$

0.73

 

$

8,143

 

7.4

Remaining authorized options available for issue

 

6,245

 

 

 

 

 

 

 

 

 

Schedule of assumptions used in determining the fair value of stock options granted under the Black-Scholes model

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

June 30,

 

 

2017

 

 

2016

 

Risk-free interest rate

 

1.62

%

 

 

1.50

%

Expected volatility

 

29.0

%

 

 

30.9

%

Dividend yield

 

N/A

 

 

 

N/A

 

Expected option life (years)

 

4.62

 

 

 

5.83

 

Black-Scholes Value of options

$

0.32

 

 

$

0.33