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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Summary of Restricted Stock Unit Activity
The following table summarizes RSU activity for the three months ended March 31, 2017 (number of units and aggregate intrinsic value in thousands):
 
Number
of
Units
 
Weighted
Average
Grant-Date
Fair Value
 
Aggregate
Intrinsic Value
Units outstanding, beginning of year
1,330

 
$
20.40

 
 
Granted
786

 
25.57

 
 
Released
(241
)
 
18.87

 
 
Forfeited
(16
)
 
23.87

 
 
Units outstanding, end of period
1,859

 
22.74

 
$
42,367

Summary of the Stock Option Activity
The following table summarizes stock option activity for the three months ended March 31, 2017 (number of units and aggregate intrinsic value in thousands):
 
Number
of
Options
 
Weighted
Average
Exercise
Price
 
Weighted Average Remaining Contractual Life (years)
 
Aggregate
Intrinsic Value
Options outstanding, beginning of year
1,008

 
$
5.40

 
 
 
 
Granted

 

 
 
 
 
Exercised
(45
)
 
6.60

 
 
 
 
Expired / terminated

 

 
 
 
 
Options outstanding, end of period
963

 
5.35

 
2.03
 
$

Options exercisable, end of period
932

 
5.38

 
2.03
 

Options expected to vest, end of period
25

 
4.75

 
1.73
 
451

Stock-Based Compensation
The following table summarizes the composition of stock stock-based compensation for the three months ended March 31, 2017 and 2016 (in thousands):
 
Three Months Ended March 31,
 
2017
 
2016
Cost of products sold and services delivered
$
79

 
$
100

Sales, general and administrative expenses
2,028

 
1,390

Research and development expenses
1,340

 
730

Total stock-based compensation
$
3,447

 
$
2,220