Annual report pursuant to Section 13 and 15(d)

Stock Incentive Plan (Tables)

v3.10.0.1
Stock Incentive Plan (Tables)
 12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Options Activity
The following table summarizes the collective activity under the 2000 Plan and the 2010 Plan:
 
Number of Options
 
Weighted-Average Exercise Price
 
Weighted-Average Remaining Contractual Term
 
Aggregate Intrinsic Value
Outstanding at December 31, 2015
4,139

 
$
7.740

 
 
 
 
Granted(1)
665

 
4.703

 
 
 
 
Exercised
(321
)
 
3.286

 
 
 
 
Forfeited
(194
)
 
8.154

 
 
 
 
Expired
(318
)
 
11.293

 
 
 
 
Outstanding at December 31, 2016
3,971

 
7.300

 
 
 
 
Granted(1)
390

 
6.061

 
 
 
 
Exercised
(401
)
 
4.935

 
 
 
 
Forfeited
(41
)
 
6.421

 
 
 
 
Expired
(85
)
 
10.157

 
 
 
 
Outstanding at December 31, 2017
3,834

 
7.367

 
 
 
 
Granted(1)
518

 
10.878

 
 
 
 
Exercised
(909
)
 
7.367

 
 
 
 
Forfeited
(87
)
 
4.726

 
 
 
 
Expired
(51
)
 
9.146

 
 
 
 
Outstanding at December 31, 2018
3,305

 
$
8.050

 
4.99
 
$
20,120

Options exercisable at December 31, 2018
1,926

 
$
8.824

 
2.87
 
$
10,237

Expected to vest at December 31, 2018
1,379

 
$
6.970

 
7.94
 
$
9,883

 
(1) Grants are related to the 2010 Plan.
Schedule of Stock Options Valuation Assumptions
The following table sets forth the significant assumptions used in the model during 2018, 2017 and 2016:
 
 
Year Ended December 31,
 
2018
 
2017
 
2016
Expected dividend yield
—%
 
—%

—%
Risk-free interest rate
2.71%-3.00%
 
1.96%-2.36%
 
1.16%-1.77%
Expected volatility
43%-45%
 
46%
 
46%-49%
Expected life
6.5 years
 
6.5 years
 
6.5-10 years