XML 56 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Stock-Based Compensation  
Schedule of weighted average assumptions used to estimate fair value of each service-based stock option grant

 

 

 

Year Ended
June 30,

 

Six Month Period
December 31,

 

Year Ended
December 31,

 

Year Ended
December 31

 

Service-Based Stock Options

 

2010

 

2010

 

2011

 

2012

 

Expected dividend rate

 

0%

 

0%

 

0%

 

0%

 

Expected stock price volatility

 

70.2% - 72.8%

 

70.6% - 77.4%

 

72.1% - 78.9%

 

73.9% - 79.1%

 

Risk-free interest rate

 

2.4% - 3.1%

 

1.5% - 2.1%

 

1.4% - 2.7%

 

0.9% - 1.5%

 

Expected life (years)

 

5.5 - 6.3

 

6.1 - 6.3

 

6.0 - 6.3

 

5.5 – 6.3

 

Summary of activity for service-based stock options

 

Service-Based Stock Options

 

Options

 

Weighted Average
Exercise Price

 

Weighted Average
Remaining
Contractual Term

 

Aggregate
Intrinsic
Value

 

Outstanding at June 30, 2009

 

1,365,382

 

$

7.76

 

7.9

 

$

114,000

 

Granted

 

2,508,525

 

$

2.02

 

 

 

 

 

Forfeited or expired

 

(590,727

)

$

7.63

 

 

 

 

 

Outstanding at June 30, 2010

 

3,283,180

 

$

3.40

 

8.6

 

$

2,750

 

Granted

 

1,700,000

 

$

1.54

 

 

 

 

 

Exercised

 

(7,500

)

$

1.80

 

 

 

$

3,000

 

Forfeited or expired

 

(678,471

)

$

4.85

 

 

 

 

 

Outstanding at December 31, 2010

 

4,297,209

 

$

2.43

 

8.9

 

$

3,159,000

 

Granted

 

4,310,550

 

$

2.31

 

 

 

 

 

Exercised

 

(19,688

)

$

1.64

 

 

 

$

21,000

 

Forfeited or expired

 

(508,404

)

$

2.33

 

 

 

 

 

Outstanding at December 31, 2011

 

8,079,667

 

$

2.38

 

8.4

 

$

674,000

 

Granted

 

5,467,445

 

$

2.21

 

 

 

 

 

Exercised

 

(144,167

)

$

1.48

 

 

 

$

52,000

 

Cancelled

 

(1,057,700

)

$

2.03

 

 

 

 

 

Forfeited or expired

 

(2,357,777

)

$

2.18

 

 

 

 

 

Outstanding at December 31, 2012

 

9,987,468

 

$

2.38

 

7.5

 

$

 

Exercisable at December 31, 2012

 

4,209,163

 

$

2.67

 

5.8

 

$