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Employee Benefit Plan
12 Months Ended
Dec. 31, 2017
Employee Benefit Plan [Abstract]  
Employee Benefit Plan

10. Employee Benefit Plan    

 

The Company sponsors a defined contribution 401(k) retirement plan covering all eligible employees.

 

Qualified employees may elect to contribute to the 401(k) Plan on a pre-tax basis. The maximum amount of employee contribution is subject only to statutory limitations. Starting on January 1, 2015, the Company matched 50% of the first 6% of contributions made by employees. Since January 1, 2016, the Company has matched 100% of the first 1% of contributions and 50% of the next 5% of contributions made by employees. The Company contributed $2.6 million, $2.5 million and $1.3 million to the 401(k) Plan for the years ended December 31, 2017, 2016 and 2015, respectively.