Annual report pursuant to Section 13 and 15(d)

Equity-Based Compensation (Tables)

v2.4.0.6
Equity-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Equity-Based Compensation [Abstract]  
Schedule of stock options
             
    Year Ended
December 31,
2012
  Year Ended
December 31,
2011
  Year Ended
December 31,
2010

Expected term (in years)

  3.0 - 7.0   1.0 - 7.0   0.6 - 7.0

Risk-free interest rate

  0.34% - 1.61%   0.09% - 2.61%   1.3% - 2.7%

Expected volatility

  41% - 68%   69%   69% - 74%

Expected dividend yield

  0%   0%   0%
Summary of option activity under stock plans
                                 

Options

  Number of
options
    Weighted
average
exercise
price
    Weighted
average
remaining
contractual
term (years)
    Aggregate
intrinsic value
(in thousands)
 

Outstanding at December 31, 2011

    16,814,521     $ 2.64       4.3     $ 38,092  

Granted

    2,279,500     $ 4.59                  

Exercised

    (1,019,967   $ 2.19                  

Forfeited

    (327,750   $ 3.36                  

Expired

    (4,500   $ 2.41                  
   

 

 

                         

Outstanding at December 31, 2012

    17,741,804     $ 2.90       3.8     $ 34,227  
   

 

 

   

 

 

   

 

 

   

 

 

 

Vested and expected to vest at December 31, 2012

    15,106,165     $ 2.85       3.8     $ 29,973  
   

 

 

   

 

 

   

 

 

   

 

 

 

Exercisable at December 31, 2012

    11,513,890     $ 2.48       2.9     $ 27,080  
   

 

 

   

 

 

   

 

 

   

 

 

 
Summary of grant date fair value under stock option activity
                 

Options

  Number of
options
    Weighted
average
grant
date fair
value
 

Nonvested at December 31, 2011

    6,484,875     $ 1.84  

Granted

    2,279,500     $ 2.44  

Forfeited

    327,750     $ 1.89  

Nonvested at December 31, 2012

    6,227,914     $ 1.45