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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Awards Granted

The following table summarizes the Company’s stock awards granted for each of the periods indicated:

 

 

 

For the Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

 

 

Grants

 

 

Weighted

Average

Grant

Date Fair

Value

 

 

Grants

 

 

Weighted

Average

Grant

Date Fair

Value

 

Stock options

 

 

1,085,330

 

 

$

56.80

 

 

 

990,234

 

 

$

76.44

 

Restricted stock units

 

 

498,910

 

 

$

114.28

 

 

 

324,630

 

 

$

143.14

 

 

Summary of Stock-Based Compensation Expense by Function Included within Condensed Consolidated Statements of Operations and Comprehensive Loss The following table summarizes stock-based compensation expense by function included within the unaudited condensed consolidated statements of operations and comprehensive loss:

 

 

 

For the Three Months Ended

March 31,

 

 

 

2020

 

 

2019

 

 

(in thousands)

 

Research and development

 

$

9,249

 

 

$

5,087

 

Selling, general and administrative

 

 

14,775

 

 

 

11,052

 

Total stock-based compensation expense

 

$

24,024

 

 

$

16,139

 

Summary of Stock-Based Compensation Expense by Grant Type Included within Condensed Consolidated Statements of Operations and Comprehensive Loss

 

The following table summarizes stock-based compensation expense by grant type included within the unaudited condensed consolidated statements of operations and comprehensive loss:

 

 

 

For the Three Months Ended

March 31,

 

 

 

2020

 

 

2019

 

 

(in thousands)

 

Stock options

 

$

15,355

 

 

$

11,457

 

Restricted stock awards/units

 

 

6,745

 

 

 

3,916

 

Employee stock purchase plan

 

 

1,924

 

 

 

766

 

Total stock-based compensation expense

 

$

24,024

 

 

$

16,139