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STOCK-BASED COMPENSATION
6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION
8. STOCK-BASED COMPENSATION
Expense
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2020201920202019
Cost of revenues
$5,384  $4,911  $10,536  $9,430  
Selling and marketing
11,592  8,364  21,310  15,738  
Research and development
5,805  4,572  11,302  9,132  
General and administrative
2,874  2,200  5,683  4,097  
$25,655  $20,047  $48,831  $38,397  
Income tax benefit
$(5,107) $(4,056) $(9,689) $(7,796) 
As of June 30, 2020, the Company had $130.3 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:
Six Months Ended
June 30, 2020
(in thousands)SharesTotal Fair Value
RSUs
939  $82,823  
Non-qualified stock options
1,696  $38,551