Stock-Based Compensation

9 Months Ended

Sep. 30, 2021

Share-based Payment Arrangement, Noncash Expense [Abstract]

Stock-Based Compensation

Stock-based Compensation

Stock-based compensation is classified in the Condensed Consolidated Statements of Comprehensive Income in the same expense line items as cash compensation. The following table presents the classification of stock-based compensation:

	Three Months Ended September 30,				Nine Months Ended  September 30,
	2021		2020		2021		2020
	(In thousands)
Cost of revenues	$	1,636	$	1,558	$	4,925	$	4,761
Sales and marketing	1,202		830		3,241		2,558
Research and development	2,151		1,810		6,078		5,266
General and administrative	9,439		8,480		26,775		23,521
Total stock-based compensation expense	$	14,428	$	12,678	$	41,019	$	36,106

The following table presents the nature of the Company’s total stock-based compensation:

	Three Months Ended September 30,				Nine Months Ended  September 30,
	2021		2020		2021		2020
	(In thousands)
RSUs	$	11,899	$	10,871	$	31,777	$	29,060
Performance-based RSUs	1,857		1,102		7,283		5,146
ESPP	1,063		1,105		3,222		3,320
Capitalization (included in Property and equipment, net)	(391)		(400)		(1,263)		(1,420)
Total stock-based compensation expense	$	14,428	$	12,678	$	41,019	$	36,106