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STOCK-BASED COMPENSATION
 9 Months Ended
Sep. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
Expense
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(in thousands)
2019
 
2018
 
2019
 
2018
Cost of revenues
$
4,787


$
4,319

 
$
14,216


$
12,277

Selling and marketing
8,317


6,198

 
24,055


16,895

Research and development
4,858


3,917

 
13,990


11,356

General and administrative
3,884


1,974

 
7,981


7,045

 
$
21,846


$
16,408

 
$
60,242


$
47,573

Income tax benefit
$
(4,430
)

$
(3,555
)
 
$
(12,226
)

$
(10,037
)

As of September 30, 2019, the Company had $95.6 million of unrecognized stock-based compensation expense, net of estimated forfeitures, which is expected to be recognized over a weighted-average period of 2.2 years.
Grants
The Company granted the following stock-based compensation awards:
 
Nine Months Ended
September 30, 2019
(in thousands)
Shares
 
Total Fair Value
RSUs
1,153

 
$
75,510

Non-qualified stock options
2,165

 
$
41,260

Common stock
11

 
$
800


Common stock issued
During the nine months ended September 30, 2019, the Company issued 1.1 million shares of common stock under the Company’s stock-based compensation plans.