Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The following table summarizes the impact on MRV's results of operations of recording share-based compensation for the three and six months ended June 30, 2014 and 2013 (in thousands):



	Three months ended				Six months ended
	June 30,				June 30,
	2014		2013		2014		2013
Cost of goods sold	$	33	$	26	$	53	$	43
Product development and engineering	50		15		73		25
Selling, general and administrative	245		42		349		234
Total share-based compensation expense (1)	$	328	$	83	$	475	$	302


(1)	Income tax benefits realized from stock option exercises and similar awards were immaterial in both periods.

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following weighted average assumptions were used for estimating the fair value of options granted during the six months ended June 30, 2014 and the options modified during the six months ended June 30, 2013, respectively.




Six months ended June 30,	2014		2013
Risk-free interest rate	2.0	%	1.2	%
Dividend yield ₍₁₎	—		—
Volatility	51	%	52	%
Expected life (in years)	5.9		5.7


(1)	As the Company does not pay a dividend on a regular basis, and dividends paid in the past have been special in nature, a dividend rate of zero was used.