Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation and Other Benefit Plans (Tables)

v3.20.1
Stock-Based Compensation and Other Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2019
Stock-Based Compensation and Other Benefit Plans [Abstract]  
Summary of Stock-Based Compensation

Years Ended December 31,

2019

2018

2017

(in thousands)

Stock-based compensation - equity awards

$

985

$

820

$

977

Stock-based compensation - liability awards

2,521

1,568

121

Total stock-based compensation

$

3,506

$

2,388

$

1,098

Stock Option Valuation Assumptions

Years Ended December 31,

2019

2018

2017

Weighted average exercise price - ($/share)

$

2.08

$

1.05

$

0.99

Expected life in years

3.2

3.5

3.2

Average expected volatility

73

%

71

%

73

%

Risk-free interest rate

2.33

%

2.51

%

1.51

%

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

$

1.06

$

0.68

$

0.49

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

(260)

0.99

Unvested shares forfeited

(306)

1.50

Vested shares expired

(124)

6.70

Outstanding at December 31, 2019

2,834

1.55

2.77

$

2,301

Exercisable at December 31, 2019

1,858

1.46

2.34

$

1,736

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

(307)

1.12

Awards forfeited

(166)

1.29

Non-vested shares outstanding at December 31, 2019

343

1.52

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

(558)

1.04

Unvested shares forfeited

(541)

1.41

Vested shares expired

Outstanding at December 31, 2019

3,418

1.30

3.21

$

3,240

Exercisable at December 31, 2019

952

0.99

2.56

$

1,173