Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation and Other Benefit Plans (Tables)

v3.19.3
Stock-Based Compensation and Other Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2019
Stock-Based Compensation and Other Benefit Plans [Abstract]  
Summary of Stock-Based Compensation

Three Months Ended September 30,

Nine Months Ended September 30,

2019

2018

2019

2018

(in thousands)

Stock-based compensation - equity awards

$

180

$

136

$

802

$

683

Stock-based compensation - liability awards

970

837

1,968

3,046

Total stock-based compensation

$

1,150

$

973

$

2,770

$

3,729

Stock Option Valuation Assumptions

Nine Months Ended September 30,

2019

2018

Weighted average exercise price - ($/share)

$

2.08

$

1.05

Expected life in years

3.2

3.5

Average expected volatility

72.53

%

70.50

%

Risk-free interest rate

2.33

%

2.51

%

Weighted average grant date fair value - ($/share)

$

1.06

$

0.68

Stock Option Activity

Number of Shares Underlying Options

Weighted Average Exercise Price Per Share

Weighted Average Remaining Contractual Term

Aggregate Intrinsic Value

(in thousands)

(in years)

(in thousands)

Outstanding at January 1, 2019

2,601

$

1.54

Granted

923

2.08

Exercised

(141)

0.94

Unvested shares forfeited

(306)

1.50

Vested shares expired

(124)

6.70

Outstanding at September 30, 2019

2,953

1.52

2.96

$

2,010

Exercisable at September 30, 2019

1,952

1.45

2.52

$

1,497

Summary of Non Vested Awards

Restricted Stock

Weighted Average Grant Price

(in thousands)

Non-vested shares outstanding at January 1, 2019

507

$

0.91

Awards granted

309

2.00

Awards vested

(232)

1.14

Awards forfeited

(166)

1.29

Non-vested shares outstanding at September 30, 2019

418

1.44

SAR Activity

Number of Shares Underlying SARs

Weighted Average Exercise Price Per Share

Term

Aggregate Intrinsic Value

(in thousands)

(in years)

(in thousands)

Outstanding at January 1, 2019

3,369

$

0.96

Granted

1,148

2.23

Exercised

(270)

0.86

Unvested shares forfeited

(541)

1.41

Vested shares expired

Outstanding at September 30, 2019

3,706

1.29

3.39

$

2,971

Exercisable at September 30, 2019

1,240

1.04

2.75

$

1,231