XML 43 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Value Assumptions
The range of assumptions for the years ended December 31, 2015, 2016, and 2017, are provided in the following table.

 
Year End December 31,
 
2015
 
2016
 
2017
 
 
 
 
 
 
Expected life
7 years
 
7 years
 
7 years
Volatility
42.51%-49.62%
 
38.15%-41.36%
 
37.88%-40.97%
Risk-free interest rate
1.71%-2.01%
 
1.39%-2.32%
 
1.96%-2.26%
Dividend yield
—%
 
—%
 
—%
Weighted-average grant date fair value
$3.99
 
$4.11
 
$4.86
Schedule of Stock Option Activity
The following table presents information regarding options granted, exercised, forfeited, or cancelled for the periods presented:
 

Number Of Options
 
Weighted- Average Exercise Price
 
Weighted Average Remaining Contractual Life (years)
 

Aggregate Intrinsic Value
 
 
 
 
 
 
 
 
Outstanding at January 1, 2017
13,291,684

 
$
5.85

 
7.74
 
$
61,774

Options granted
1,137,046

 
10.78

 
 
 
 
Options exercised
(744,215
)
 
4.03

 
 
 
20,308

Options forfeited or canceled
(503,565
)
 
7.95

 
 
 
 
Outstanding at December 31, 2017
13,180,950

 
6.30

 
7.02
 
329,786

Options exercisable at December 31, 2017
8,754,523

 
4.94

 
6.25
 
230,914

Schedule of Share-based Compensation, Restricted Stock Units Award Activity
The following table summarizes activity for restricted stock units for the year ended December 31, 2017:
 
Restricted Stock Units
 
Weighted Average Grant-Date Fair Value
 
 
 
 
Unvested outstanding at January 1, 2017

 
$

Granted
981,929

 
22.78

Vested

 

Forfeited or canceled
(653
)
 
22.78

Unvested outstanding at December 31, 2017
981,276

 
$
22.78

Schedule of Allocation of Share-based Compensation Costs
The following table presents the detail of stock-based compensation amounts included in the Company’s consolidated statements of operations for the periods indicated below:

 
Year End December 31,
 
2015
 
2016
 
2017
 
 
 
 
 
 
Cost of revenue
$
1,440

 
$
2,266

 
$
2,902

Technology and development
1,375

 
2,383

 
3,325

Marketing
298

 
469

 
487

General and administrative
2,449

 
3,295

 
4,387

Total stock-based compensation
$
5,562

 
$
8,413

 
$
11,101