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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Summary of Stock Options Outstanding
The following table summarizes the Company’s stock option activities and related information during the year ended December 31, 2019 (in thousands, except per share amounts and terms):
 
Stock Options Outstanding
 
Number
of
Shares
 
Weighted
Average
Exercise
Price (per share)
 
Weighted Average Remaining Contractual Term (Years)
 
Aggregate Intrinsic Value
Balance at December 31, 2018
3,068

 
$
5.76

 
 
 
 
Granted

 

 
 
 
 
Exercised
(801
)
 
5.40

 
 
 
 
Forfeited

 

 
 
 
 
Canceled or expired
(379
)
 
6.14

 
 
 
 
Balance at December 31, 2019
1,888

 
5.83

 
1.8
 
$
3,715.5

As of December 31, 2019
 
 
 
 
 
 
 
Vested and expected to vest
1,888

 
$
5.83

 
1.8
 
$
3,715.5

Exercisable
1,888

 
$
5.83

 
1.8
 
$
3,715.5

Summary of Restricted Stock Units Outstanding
The following table summarizes the Company’s RSUs activities and related information during the year ended December 31, 2019 (in thousands, except per share amounts and terms):
 
Restricted Stock Units Outstanding
 
Number
of
Shares
 
Weighted
Average Grant
Date Fair Value
Per Share
Balance at December 31, 2018
3,403

 
$
3.99

Granted
2,717

 
5.78

Vested
(2,421
)
 
4.02

Forfeited
(98
)
 
5.10

Balance at December 31, 2019
3,601

 
$
5.18

Schedule of Defined Benefit Plans Disclosures
The Company’s pension obligations as of December 31, 2019 and December 31, 2018 and the changes to the Company’s pension obligations for each of those years were as follows (in thousands):
 
December 31,
 
2019
 
2018
Projected benefit obligation:
 
 
 
Balance at January 1
$
4,881

 
$
5,033

  Service cost
227

 
243

  Interest cost
78

 
74

  Actuarial (gains) losses
206

 
(202
)
  Benefits paid
(31
)
 
(13
)
  Foreign currency translation adjustment
(102
)
 
(254
)
Balance at December 31
$
5,259

 
$
4,881

 
 
 
 
Presented on the Consolidated Balance Sheets under:
 
 
 
Current portion (presented under “Accrued and other current liabilities”)
$
30

 
63

Long-term portion (presented under “Other non-current liabilities”)
$
5,229

 
4,818

Components of Net Periodic Benefit Costs
The table below presents the components of net periodic benefit costs (in thousands):

 
Year ended December 31,
 
2019
 
2018
Service cost
$
227

 
$
243

Interest cost
78

 
74

  Net periodic benefit cost included in operating loss
$
305

 
$
317

Schedule of Pension Obligations Assumptions Used
The following assumptions were used in determining the Company’s pension obligation:
 
December 31,
 
2019
 
2018
 Discount rate
0.7
%
 
1.7
%
 Mobility rate
5.0
%
 
6.0
%
 Salary progression rate
2.0
%
 
2.0
%

Schedule of Expected Benefit Payments
As of December 31, 2019, future benefits expected to be paid in each of the next five years, and in the aggregate for the five year period thereafter are as follows (in thousands):
Years ending December 31,
 
2020
$
30

2021
12

2022

2023
315

2024
370

2025 - 2029
3,105

 
$
3,832

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The following table summarizes stock-based compensation expense for all plans (in thousands):
 
Year ended December 31,
 
2019
 
2018
 
2017
Stock-based compensation in:
 
 
 
 
 
   Cost of revenue
$
1,124

 
$
1,953

 
$
2,370

   Research and development expense
3,261

 
5,192

 
5,313

   Selling, general and administrative expense
7,689

 
10,144

 
8,927

      Total stock-based compensation in operating expense
10,950

 
15,336

 
14,240

Total stock-based compensation recognized in net loss
$
12,074

 
$
17,289

 
$
16,610

Valuation Assumptions for Stock Options
At the date of grant, the Company estimated the fair value of each stock option grant and stock purchase right granted under the ESPP using the following weighted average assumptions:
 
Employee Stock Options
 
ESPP
 
2017
 
2019
 
2018
 
2017
Expected term (in years)
4.30

 
0.50

 
0.50

 
0.50

Volatility
42
%
 
38
%
 
55
%
 
48
%
Risk-free interest rate
1.8
%
 
2.3
%
 
1.9
%
 
1.2
%
Expected dividends
0.0
%
 
0.0
%
 
0.0
%
 
0.0
%