Stock-Based Incentive Compensation Plans (Tables)

6 Months Ended

Jun. 30, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Option Activity

The table below summarizes the stock option activity for the six months ended June 30, 2022:

	Number of Shares	Weighted- Average Exercise Price
Outstanding as of December 31, 2021	2,009,513	$8.73
Exercised	(39,267)	5.09
Canceled and forfeited	(14,229)	12.36
Outstanding as of June 30, 2022	1,956,017	10.22

Schedule of Share-based Payment Award, Equity Instruments Other Than Options, Valuation Assumptions

The table below summarizes the assumptions used to estimate the grant date fair value of the PSUs granted:

	Six Months Ended June 30, 2022
Expected volatility of common stock	48.9%	to	58.7%
Expected volatility of peer companies	24.2%	to	152.5%
Correlation coefficient of peer companies	(0.13)	to	1.00
Risk-free interest rate	0.4%	to	1.2%
Dividend yield	—%	to	1.0%

Schedule of Restricted Stock Unit Activity

The table below summarizes RSU and PSU activity for the six months ended June 30, 2022:

	RSUs		PSUs
	Number of Shares	Weighted Average Grant Date Fair Value	Number of Shares	Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2021	1,566,522	$25.17	—	$—
Granted	1,130,467	21.30	155,596	19.50
Vested	(395,489)	24.88	—	—
Canceled and forfeited	(129,123)	23.81	—	—
Outstanding as of June 30, 2022	2,172,377	23.29	155,596	19.50

Schedule of Performance-based Restricted Stock Unit Activity Arrangement

The table below summarizes RSU and PSU activity for the six months ended June 30, 2022:

	RSUs		PSUs
	Number of Shares	Weighted Average Grant Date Fair Value	Number of Shares	Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2021	1,566,522	$25.17	—	$—
Granted	1,130,467	21.30	155,596	19.50
Vested	(395,489)	24.88	—	—
Canceled and forfeited	(129,123)	23.81	—	—
Outstanding as of June 30, 2022	2,172,377	23.29	155,596	19.50

Schedule of Stock-Based Compensation

The table below presents the detail of stock-based compensation expense amounts included in the condensed consolidated statements of operations:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(in thousands)
Cost of goods sold	$	117	$	129	$	238	$	303
Sales and marketing	2,746		2,125		5,340		4,024
Research and development	664		404		1,297		823
General and administrative	2,224		1,599		4,383		3,137
	$	5,751	$	4,257	$	11,258	$	8,287