Share-Based Compensation (Tables)
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12 Months Ended |
Dec. 31, 2015 |
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
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| Summary of Valuation Assumptions |
The following table sets forth the significant assumptions used in the Black-Scholes option pricing model and the Monte Carlo simulations and the calculation of share-based compensation expense during 2015, 2014 and 2013: | | | | | | | | | | | | | Year Ended December 31, | | | 2015 | | 2014 | | 2013 | Expected dividend yield | | — |
| | — |
| | — |
| Risk-free interest rate | | 1.5% to 2.0% | | 1.9% to 2.2% | | 0.9% to 2.1% | Expected volatility | | 50% | | 50% | | 50% | Expected term (in years) | | 6.25 | | 6.25 to 7.50 | | 5.82 to 8.82 | Forfeitures | | 5.68% annually | | 5.68% annually | | 5.68% annually |
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| Schedule of Share-based Compensation Expense |
Total share-based compensation costs that have been included in the Company’s consolidated statements of operations were as follows (in thousands): | | | | | | | | | | | | | | | | Year Ended December 31, | | | 2015 | | 2014 | | 2013 | | | | | | | | Share-Based Compensation Expense Allocation Details: | | | | | | | Cost of services | | $ | 7,208 |
| | $ | 6,668 |
| | $ | 10,740 |
| Selling, general and administrative | | 24,463 |
| | 13,503 |
| | 13,061 |
| Restatement and other costs | | — |
| | 8,761 |
| | 1,224 |
| Total share-based compensation expense (1) | | $ | 31,671 |
| | $ | 28,932 |
| | $ | 25,025 |
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(1) Includes $2.4 million and $1.8 million in share-based compensation expense paid in cash during the years ended December 31, 2015 and 2014, respectively.
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| Schedule of Stock Option Activity |
The following table sets forth a summary of all employee and non-employee option activity under all plans and inducement grants for the years ended December 31, 2015, 2014 and 2013: | | | | | | | | | | | | | | | | | Shares | | Weighted- Average Exercise Price | | Weighted- Average Remaining Contractual Term (in years) | | Aggregate Intrinsic Value (in thousands) | Outstanding at January 1, 2013 | | 17,707,139 |
| | $ | 13.88 |
| | 7.6 | | $ | 25,957 |
| Granted | | 8,345,437 |
| | 10.09 |
| | | | | Exercised | | (9,400 | ) | | 4.34 |
| | | | | Canceled | | (1,057,052 | ) | | 17.60 |
| | | | | Forfeited | | (4,445,851 | ) | | 15.64 |
| | | | | Outstanding at December 31, 2013 | | 20,540,273 |
| | 11.77 |
| | 7.4 | | 15,673 |
| Granted | | 4,406,856 |
| | 8.78 |
| | | | | Exercised | | — |
| | — |
| | | | | Canceled | | (1,494,219 | ) | | 13.41 |
| | | | | Forfeited | | (3,528,505 | ) | | 12.14 |
| | | | | Outstanding at December 31, 2014 | | 19,924,405 |
| | 10.91 |
| | 6.9 | | 9,444 |
| Granted | | 2,231,504 |
| | 5.60 |
| | | | | Exercised | | (1,374,438 | ) | | 1.13 |
| | | | | Canceled | | (4,484,843 | ) | | 14.10 |
| | | | | Forfeited | | (1,036,362 | ) | | 8.47 |
| | | | | Outstanding at December 31, 2015 | | 15,260,266 |
| | 10.23 |
| | 7.0 | | 261 |
| Outstanding, vested and exercisable at December 31, 2013 | | 9,605,505 |
| | $ | 11.89 |
| | 5.9 | | $ | 15,096 |
| Outstanding, vested and exercisable at December 31, 2014 | | 11,879,209 |
| | $ | 11.73 |
| | 5.6 | | $ | 9,444 |
| Outstanding, vested and exercisable at December 31, 2015 | | 8,876,517 |
| | $ | 11.63 |
| | 6.1 | | $ | 108 |
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| Schedule of Restricted Stock Awards Activity |
In the third quarter of 2011, the Company began to grant RSAs to its employees. A summary of the activity during the years ended December 31, 2015, 2014 and 2013 is shown below: | | | | | | | | | | | | | Shares | | Weighted- Average Grant Date Fair Value | | Weighted- Average Remaining Contractual Term (in years) | Outstanding and Unvested at January 1, 2013 | | 160,220 |
| | $ | 21.23 |
| | 9.0 | Granted | | 508,303 |
| | 11.46 |
| | | Vested | | (50,004 | ) | | 11.47 |
| | | Forfeited | | (160,220 | ) | | 21.23 |
| | | Outstanding and Unvested at December 31, 2013 | | 458,299 |
| | $ | 11.45 |
| | 9.4 | Granted | | 2,365,000 |
| | 8.39 |
| | | Vested | | (127,084 | ) | | 11.46 |
| | | Forfeited | | (218,750 | ) | | 9.40 |
| | | Outstanding and Unvested at December 31, 2014 | | 2,477,465 |
| | $ | 8.71 |
| | 9.3 | Granted | | 8,994,729 |
| | 3.34 |
| | | Vested | | (1,892,049 | ) | | 5.24 |
| | | Forfeited | | (324,213 | ) | | 7.61 |
| | | Outstanding and Unvested at December 31, 2015 | | 9,255,932 |
| | $ | 4.24 |
| | 9.4 |
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