Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation and Employee Benefit Plans (Tables)

v2.4.0.8
Stock-Based Compensation and Employee Benefit Plans (Tables)
 9 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Fair Value of Stock Options(Table)
The fair values of stock options were estimated at their respective grant date using the following assumptions:
Stock Options
 
Nine Months Ended
September 30,
 
2014
 
2013
Weighted-average grant date fair value per share
$
4.03

 
$
3.24

Risk-free interest rate
1.70
%
 
0.71
%
Dividend yield
—

 
—

Expected life (years)
4.56

 
4.75

Volatility
51.00
%
 
56.00
%
Fair Value of Employee Stock Purchase Rights(Table)
Employee Stock Purchase Rights
 
Nine Months Ended
September 30,
 
2014
 
2013
Weighted-average grant date fair value per share
$
2.47

 
$
1.85

Risk-free interest rate
0.05
%
 
0.09
%
Dividend yield
—

 
—

Expected life (years)
0.50

 
0.50

Volatility
47.75
%
 
41.58
%
Stock-Based Compensation (Table)
The Company recognized stock-based compensation in the statements of operations as follows:
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2014
 
2013
 
2014
 
2013
Cost of net revenue
$
35

 
$
29

 
$
96

 
$
79

Research and development
2,574

 
2,183

 
7,152

 
6,095

Selling, general and administrative
1,393

 
1,251

 
3,832

 
3,417

 
$
4,002

 
$
3,463

 
$
11,080

 
$
9,591