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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Number of Reserved and Authorized Shares In Equity Incentive Plans

As of December 31, 2019, the number of Reserved and Authorized Shares under the Equity Incentive Plans is as detailed below:

2019

 

 

 

Stock options exercised and outstanding

28,286,653

RSUs vested and outstanding

2,741,853

Ordinary shares available for issuance under the Equity Incentive Plans

2,284,461

 

Total reserved and authorized shares as of December 31, 2019

 

33,312,967

Summary of Stock Option Activity

A summary of employees and directors option activity under the Company's Stock Option Plans as of December 31, 2019 is as follows:

 

Number of options

Weighted-average

exercise price

Weighted- average

remaining contractual

term

(in years)

Aggregate intrinsic

value

 

Outstanding at January 1, 2019

4,855,203

$

16.96

3.30

$

29,774

Granted

1,207,866

24.05

Exercised

(1,250,680

)

14.43

Expired

(2,875

)

16.43

 

Forfeited

 

(511,235

)

18.24

 

Outstanding at December 31, 2019

 

4,298,279

$

19.54

 

3.12

$

27,514

 

Exercisable at December 31, 2019

 

1,185,612

$

15.42

 

1.91

$

12,361

 

Vested and expected to vest at December 31, 2019

 

3,980,155

$

19.27

 

3.04

$

26,549

Summary of Stock Options Outstanding by Exercise Price Range

The options outstanding under the Company's Stock Option Plans as of December 31, 2019, have been separated into ranges of exercise price as follows:

December 31, 2019

Outstanding

Exercisable

Ranges of

exercise

price

Number of

options

Weighted

average

remaining

contractual

life (years)

Weighted

average

exercise

price

Number of

options

Weighted

Average

Exercise

price

 

 

 

 

 

 

 

 

 

 

 

$

10.04-14.74

1,291,709

1.73

$

13.40

620,850

$

13.31

$

15.09-19.30

905,825

2.43

$

16.78

490,075

$

16.44

$

20.62-27.15

 

2,100,745

4.28

$

24.51

 

74,687

$

26.29

 

 

4,298,279

 

1,185,612

Summary of RSU Activity

The following table summarizes information relating to RSUs, as well as changes to such awards during 2019:

Year ended December 31,

2019

 

Outstanding at January 1, 2019

1,077,909

Granted

802,513

Vested

(388,073

)

Forfeited

 

(125,436

)

 

Outstanding as of December 31, 2019

1,366,913

Summary of Stock-Based Compensation Expense

Stock-based compensation was recorded in the following items within the consolidated statements of income (loss):

Year ended

December 31,

2019

2018

2017

 

Cost of revenues

$

224

$

221

$

241

Research and development, net

2,855

3,123

3,867

Sales and marketing

6,953

7,072

6,894

General and administrative

 

3,032

 

2,087

 

2,029

 

Total expenses

$

13,064

$

12,503

$

13,031