XML 42 R20.htm IDEA: XBRL DOCUMENT v3.7.0.1
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Summary of Stock Option Activity under the Company's Equity-Based Plans
The following table summarizes stock option activity under our equity-based plans for the three months ended March 31, 2017:
 
Number
of Shares
Balance at December 31, 2016
2,815,224

Granted

Exercised
(349,264
)
Forfeited
(20,174
)
Expired

Balance at March 31, 2017
2,445,786

Exercisable at March 31, 2017
1,872,720

Summary of Restricted Stock Unit Activity under the Company's Equity-Based Plans
The following table summarizes restricted stock unit (RSU) and performance-based restricted stock unit (PSU) activity under our equity-based plans for the three months ended March 31, 2017:
 
RSUs
PSUs
 
Number of Units
Weighted-Average
Grant Date
Fair Value
Number of Units
Weighted-Average
Grant Date
Fair Value
Nonvested at December 31, 2016
2,323,051

$
20.32

149,412

$
33.51

Granted
842,909

27.89

239,792

28.43

Vested
(320,751
)
17.47

(7,518
)
33.51

Forfeited
(42,235
)
22.90



Nonvested at March 31, 2017
2,802,974

$
22.88

381,686

$
30.32

Summary of Performance Based Restricted Stock Unit Activity
The following table summarizes restricted stock unit (RSU) and performance-based restricted stock unit (PSU) activity under our equity-based plans for the three months ended March 31, 2017:
 
RSUs
PSUs
 
Number of Units
Weighted-Average
Grant Date
Fair Value
Number of Units
Weighted-Average
Grant Date
Fair Value
Nonvested at December 31, 2016
2,323,051

$
20.32

149,412

$
33.51

Granted
842,909

27.89

239,792

28.43

Vested
(320,751
)
17.47

(7,518
)
33.51

Forfeited
(42,235
)
22.90



Nonvested at March 31, 2017
2,802,974

$
22.88

381,686

$
30.32

Summary of Stock-based Compensation Expense
Stock-based compensation expense and other disclosures for stock-based awards made to our employees pursuant to the equity plans was as follows: 
 
Three Months Ended March 31,
(in thousands)
2017
2016
Cost of providing services
$
1,612

$
1,815

Sales and marketing
1,302

1,985

General and administrative
2,291

2,974

Systems development and programming costs
1,002

623

Total stock-based compensation expense
$
6,207

$
7,397

Income tax benefit related to stock-based compensation expense
$
2,127

$
2,580

Actual tax benefit realized from stock options exercised
$
5,509

$
1,988