Stock-based Compensation

9 Months Ended

Sep. 30, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Total compensation expense (in thousands) by award type and line item in our consolidated financial statements (in thousands) were as follows:



	For the Three				For the Nine
	Months Ended				Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Award Type
Stock options	$	4,074	$	3,982	$	11,961	$	5,148
Restricted stock	—		—		—		4,875
RSUs	725		400		1,883		513
Total	$	4,799	$	4,382	$	13,844	$	10,536

Line Item
Cost of revenue	$	369	$	384	$	1,219	$	793
Selling, general and
administrative expenses	4,430		3,998		12,625		9,743
Total	$	4,799	$	4,382	$	13,844	$	10,536

No stock-based compensation in the totals above was capitalized as software development costs for the three and nine months ended September 30, 2016. Less than $0.1 million of stock-based compensation included in the totals above was capitalized as software development costs for the three and nine months ended September 30, 2015. We did not recognize stock compensation in 2015 prior to the Offering Reorganization.

As described in Note 2, the Company elected to early adopt ASU 2016-09 during the second quarter of 2016. This resulted in a reduction to stock compensation expense of approximately $0.1 million for the three months ended March 31, 2016.

Stock-based awards granted were as follows:



	For the Three		For the Nine
	Months Ended		Months Ended
	September 30,		September 30,
	2016	2015	2016	2015
Stock options	—	—	1,167,770	1,789,243
RSUs	32,238	—	445,569	318,336