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CAPITAL STOCK (Tables)
12 Months Ended
Dec. 31, 2015
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, 2015 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, 2015
5,564,111

$11.20
 
 
Granted
4,000

$9.10
 
 
Exercised
(421,961
)
$9.55
 
 
Forfeited or canceled
(800,816
)
$14.84
 
 
Options outstanding at December 31, 2015
4,345,334

$10.68
4.05
$—
Options vested at December 31, 2015 or expected to vest
4,289,778

$10.72
4.03
$—
Options exercisable at December 31, 2015
3,622,761

$11.28
3.82
$—


The following table sets forth the weighted-average key assumptions and fair value results for stock options granted during the years ended December 31, 2015, 2014 and 2013:
 
 
Year Ended December 31,
 
 
2015
 
2014
 
2013
Expected dividend yield
 
0.00%
 
0.00%
 
0.00%
Risk-free interest rate
 
1.07%
 
1.24%
 
0.87%
Expected volatility
 
52.0%
 
50.3%
 
50.1%
Expected life (in years)
 
4.48
 
4.16
 
4.68
Weighted-average fair value of options granted (per share)
 
$3.91
 
$3.03
 
$3.33
Non-vested restricted stock and restricted units
Information with respect to non-vested restricted stock units for the year ended December 31, 2015 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, 2015
811,880

$10.01
 
 
Granted
1,264,116

$10.31
 
 
Vested
(421,314
)
$10.04
 
 
Forfeited
(388,674
)
$10.90
 
 
Non-vested at December 31, 2015
1,266,008

$9.97
0.99
$9,216
Expected to vest
820,741

$11.14
0.94
$5,975


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, 2015, 2014 and 2013:
 
Year Ended December 31,
 
2015
 
2014
 
2013
Expected dividend yield
0.00%
 
0.00%
 
0.00%
Risk-free interest rate
0.03%
 
0.09%
 
0.09%
Expected volatility
37.0%
 
35.0%
 
51.0%
Expected life (in years)
0.24
 
0.17
 
0.25
Weighted-average fair value of shares issued (per share)
$2.15
 
$2.02
 
$1.00

The following table sets forth the quantities and average prices of shares issued under the ESPP for the years ended December 31, 2015, 2014 and 2013:
 
Year Ended December 31,
 
2015
 
2014
 
2013
Shares issued under the ESPP
98,300

 

 
27,936

Average price of shares issued
$10.17
 
$—
 
$6.29

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, 2015, 2014 and 2013, respectively (in thousands):
 
Year Ended December 31,
 
2015
 
2014
 
2013
Cost of products revenues
$
199

 
$
397

 
$
360

Cost of services revenues
624

 
279

 
436

Research and development expenses
461

 
502

 
582

Marketing and selling expenses
1,785

 
3,658

 
1,778

General and administrative expenses
6,445

 
6,677

 
3,761

Total
$
9,514

 
$
11,513

 
$
6,917