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Stock-based Compensation
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-based Compensation
Stock-based Compensation

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