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CAPITAL STOCK (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock option plans
Information with respect to options granted under all stock option plans for the year ended December 31, 2014 was as follows:
 
Total Shares
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Term (years)
Aggregate
Intrinsic
Value
(in thousands)
Options outstanding at January 1, 2014
4,726,415

$14.18
 
 
Granted
2,097,350

$7.54
 
 
Exercised
(25,505
)
$9.79
 
 
Forfeited or canceled
(1,234,149
)
$16.44
 
 
Options outstanding at December 31, 2014
5,564,111

$11.20
4.83
$24,940
Options vested at December 31, 2014 or expected to vest
5,272,012

$11.38
4.71
$23,086
Options exercisable at December 31, 2014
3,044,259

$13.81
3.91
$9,144


The following table sets forth the weighted-average key assumptions and fair value results for stock options granted during the years ended December 31, 2014, 2013 and 2012:
 
 
Year Ended December 31,
 
 
2014
 
2013
 
2012
Expected dividend yield
 
0.00%
 
0.00%
 
0.00%
Risk-free interest rate
 
1.24%
 
0.87%
 
0.94%
Expected volatility
 
50.3%
 
50.1%
 
52.8%
Expected life (in years)
 
4.16
 
4.68
 
4.56
Weighted-average fair value of options granted (per share)
 
$3.03
 
$3.33
 
$4.89
Non-vested restricted stock and restricted units
Information with respect to non-vested restricted stock units for the year ended December 31, 2014 was as follows:
 
Non-Vested Restricted Stock Units
 
Total Shares
Weighted-
Average
Grant-Date
Fair Value
Weighted-
Average
Remaining
Contractual
Term (years)
Aggregate
Intrinsic
Value
(in thousands)
Non-vested at January 1, 2014
322,733

$11.30
 
 
Granted
801,316

$10.19
 
 
Vested
(264,513
)
$11.19
 
 
Forfeited
(47,656
)
$15.25
 
 
Non-vested at December 31, 2014
811,880

$10.01
0.88
$11,529
Expected to vest
741,436

$10.02
0.84
$10,528


Weighted-average key assumptions for shares issued under the ESPP
The following table sets forth the weighted-average key assumptions and fair value results for shares issued under the ESPP during the years ended December 31, 2014, 2013 and 2012:
 
Year Ended December 31,
 
2014
 
2013
 
2012
Expected dividend yield
0.00%
 
0.00%
 
0.00%
Risk-free interest rate
0.09%
 
0.09%
 
0.08%
Expected volatility
35.0%
 
51.0%
 
51.5%
Expected life (in years)
0.17
 
0.25
 
0.25
Weighted-average fair value of shares issued (per share)
$2.02
 
$1.00
 
$1.30

The following table sets forth the quantities and average prices of shares issued under the ESPP for the years ended December 31, 2014, 2013 and 2012:
 
Year Ended December 31,
 
2014
 
2013
 
2012
Shares issued under the ESPP
 
27,936
 
142,658
Average price of shares issued
$—
 
$6.29
 
$6.96

Allocated share-based compensation expense

Stock-based compensation was included in the following captions in the Company’s consolidated statements of operations for the years ended December 31, 2014, 2013 and 2012, respectively (in thousands):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Cost of products revenues
$
397

 
$
360

 
$
410

Cost of services revenues
279

 
436

 
582

Research and development expenses
502

 
582

 
986

Marketing and selling expenses
3,658

 
1,778

 
3,754

General and administrative expenses
6,677

 
3,761

 
5,700

Total
$
11,513

 
$
6,917

 
$
11,432