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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2012
Stock-Based Compensation  
Summary of the option activity under the Company's Amended and Restated 2000 Stock Option and Equity Incentive Plan and 2010 Equity Incentive Plan (2010 Plan), referred to collectively as the "Plans,"

 

 

 

 

 

 

Options Outstanding

 

 

 

Available
for Grant

 

Number of
Shares

 

Weighted
Average
Exercise
Prices

 

Balance at December 31, 2011

 

1,977

 

6,528

 

$

4.48

 

Additional shares authorized under the 2010 Plan

 

500

 

 

 

Options granted

 

(4

)

4

 

$

3.93

 

Options cancelled

 

111

 

(111

)

$

4.23

 

Options exercised

 

 

(34

)

$

2.85

 

Options expired

 

(55

)

 

 

Balance at March 31, 2012

 

2,529

 

6,387

 

$

4.50

 

Options granted

 

(430

)

430

 

$

3.23

 

Options cancelled

 

361

 

(361

)

$

6.70

 

Options exercised

 

 

(20

)

$

1.98

 

Options expired

 

(235

)

 

 

Balance at June 30, 2012

 

2,225

 

6,436

 

$

4.30

 

Options granted

 

(1,338

)

1,338

 

$

3.23

 

Options cancelled

 

356

 

(356

)

$

5.77

 

Options exercised

 

 

(78

)

$

2.29

 

Options expired

 

(209

)

 

 

Balance at September 30, 2012

 

1,034

 

7,340

 

$

4.04

 

 

Summary of the inducement grant option activity

 

 

 

 

Options Outstanding

 

 

 

Number of
Shares

 

Weighted
Average
Exercise
Prices

 

Balance at December 31, 2011

 

4,815

 

$

3.29

 

Granted

 

350

 

$

3.92

 

Cancelled

 

(103

)

$

1.54

 

Exercised

 

(111

)

$

1.54

 

Balance at March 31, 2012

 

4,951

 

$

3.41

 

Cancelled

 

(199

)

$

1.55

 

Exercised

 

(438

)

$

1.55

 

Balance at June 30, 2012

 

4,314

 

$

3.69

 

Cancelled

 

(248

)

$

1.55

 

Exercised

 

(597

)

$

1.55

 

Balance at September 30, 2012

 

3,469

 

4.21

 

 

Summary of significant ranges of outstanding and exercisable options, excluding restricted stock awards and restricted stock unit activity

 

 

 

 

Options Outstanding

 

Options Exercisable

 

Range of Exercise Price

 

Number
Outstanding

 

Weighted
Average
Remaining
Contractual
Life
(in Years)

 

Weighted
Average
Exercise
Price

 

Aggregate
Intrinsic
value

 

Number
Exercisable

 

Weighted
Average
Remaining
Contractual
Life (in
Years)

 

Weighted
Average
Exercise
Price

 

Aggregate
Intrinsic
value

 

$1.50 - $3.09

 

2,995

 

3.79

 

$

2.30

 

$

5,224

 

1,408

 

2.72

 

$

1.85

 

$

3,087

 

$3.10 - $3.92

 

3,048

 

4.73

 

$

3.62

 

1,291

 

1,042

 

3.96

 

$

3.71

 

339

 

$3.93 - $5.61

 

3,216

 

3.48

 

$

4.96

 

 

2,756

 

3.43

 

$

5.03

 

 

$5.62 - $15.00

 

1,550

 

2.93

 

$

6.70

 

 

1,043

 

2.17

 

$

7.03

 

 

 

 

10,809

 

3.84

 

$

4.09

 

$

6,515

 

6,249

 

3.15

 

$

4.43

 

$

3,426

 

 

Schedule of assumptions used in estimation of fair value of the share-based payment awards on the grant date

 

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Employee stock options:

 

 

 

 

 

 

 

 

 

Risk-free interest rate

 

0.2% – 0.6%

 

0.2% – 0.7%

 

0.2% – 0.8%

 

0.2% – 1.7%

 

Volatility

 

65.2% – 73.1%

 

40.7% – 61.3%

 

65.2% – 73.1%

 

40.7% – 63.8%

 

Expected life (years)

 

4.0

 

4.0

 

4.0

 

4.0

 

Dividend yield

 

0%

 

0%

 

0%

 

0%