XML 134 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stockholders' Equity (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2013
Dec. 31, 2012
Authorized and Outstanding Convertible Preferred Stock  

Authorized and outstanding Series A, Series B, Series C, Series C-1, Series D, Series E and Series F convertible preferred stock (collectively, preferred stock) as of December 31, 2012 are as follows:

 

            Shares  

Convertible Preferred Stock

   Net Carrying
Amount
(In Thousands)
     Authorized      Issued and
Outstanding
 

Series A

   $ 30         181,722         45,430   

Series B

     4,744         10,411,625         2,602,903   

Series C

     11,931         13,650,896         3,412,719   

Series C-1

     4,725         5,682,948         1,420,730   

Series D

     14,910         17,062,711         4,265,676   

Series E

     20,210         18,436,763         4,609,185   

Series F

     56,718         21,300,000         5,087,608   
  

 

 

    

 

 

    

 

 

 
   $ 113,268         86,726,665         21,444,251   
  

 

 

    

 

 

    

 

 

 
Weighted Average Assumptions for Options Granted

The following table presents the weighted-average assumptions for options granted during the periods presented:

 

     Six Months Ended
June 30,
 
     2012     2013  
     (unaudited)  

Expected term (in years)

     6.3        6.2   

Risk-free interest rate

     1.37     1.02

Dividend yield

     None        None   

Volatility rate

     42     44

The following table presents the weighted-average assumptions used to estimate the fair value of the stock options granted in the Company’s consolidated financial statements:

 

     Year Ended December 31,  
     2010     2011     2012  

Expected term (in years)

     6.2        5.8        6.3   

Risk-free interest rate

     2.90     1.73     1.26

Dividend yield

     None        None        None   

Volatility rate

     47     39     42
Stock Option Activity and Related Information

Stock option activity and related information during the period indicated was as follows (unaudited):

 

     Options
Outstanding
    Weighted-
Average
Exercise
Price
     Options
Exercisable
     Exercisable
Weighted-
Average
Exercise Price
 

Outstanding at December 31, 2012

     6,730,520      $ 5.10         3,352,116       $ 2.20   

Granted

     354,250        20.82         

Exercised

     (265,560     2.02         

Forfeited

     (88,749     10.34         
  

 

 

         

Outstanding at June 30, 2013

     6,730,461      $ 5.98         3,694,041       $ 2.94   
  

 

 

         

The Company’s stock option activity and related information under the 2010 Plan was as follows:

 

      Options
Outstanding
    Weighted
Average
Exercise Price
     Options
Exercisable
     Exercisable
Weighted
Average
Exercise Price
 

Outstanding at December 31, 2011

     4,278,806      $ 2.57         2,716,392       $ 1.56   

Granted

     2,578,821        9.28         

Exercised

     (56,367     2.58         

Forfeited

     (70,740     6.12         
  

 

 

         

Outstanding at December 31, 2012

     6,730,520      $ 5.10         3,352,116       $ 2.20   
  

 

 

         
Summary of Options Outstanding  

The summary of options outstanding as of December 31, 2012 is shown below:

 

     Outstanding Options      Options Exercisable  

Exercise Price

   Number
Outstanding
     Weighted
Average
Remaining
Contractual
Life (Years)
     Number
Exercisable
     Weighted
Average
Remaining
Contractual
Life (Years)
 

$  0.20

     15,000         1.93         15,000         1.93   

    0.40

     8,750         2.17         8,750         2.17   

    0.68

     1,397,665         3.68         1,397,665         3.68   

    1.00

     653,066         5.08         653,066         5.08   

    2.00

     64,984         5.85         63,706         5.84   

    2.64

     107,500         6.65         88,953         6.64   

    4.48

     1,937,809         7.59         1,029,280         7.41   

    6.84

     1,620,746         9.15         74,915         8.93   

  12.72

     353,750         9.39         20,781         9.39   

  14.12

     571,250         9.63                   
  

 

 

       

 

 

    
     6,730,520         7.13         3,352,116         5.36