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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Stock-Based Compensation  
Summary of option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding Options

 

 

 

Number of

 

Weighted-Average

 

 

 

Shares

 

Exercise Price

 

 

 

(In thousands)

 

 

 

Balance at December 31, 2016

 

3,606

 

$

25.07

 

Options granted

 

624

 

$

27.48

 

Options exercised

 

(290)

 

$

20.91

 

Options forfeited

 

(15)

 

$

28.67

 

Options expired

 

(3)

 

$

20.48

 

Balance at March 31, 2017

 

3,922

 

$

25.75

 

Exercisable at March 31, 2017

 

2,540

 

$

24.58

 

Vested and expected to vest at March 31, 2017

 

3,803

 

$

25.69

 

 

Summary of RSU activity

 

 

 

 

 

 

 

    

 

    

Weighted-Average

 

 

Number of

 

Grant Date Fair

 

 

Shares

 

Value

 

 

(In thousands)

 

 

 

Balance at December 31, 2016

 

871

 

$

28.42

RSUs granted

 

523

 

$

27.88

RSUs vested

 

(330)

 

$

28.76

RSUs cancelled

 

(22)

 

$

28.23

Balance at March 31, 2017

 

1,042

 

$

28.04

 

Schedule of share-based compensation expense

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2017

 

2016

 

 

 

(In thousands)

 

Cost of product revenues

 

$

191

    

$

176

 

Research and development

 

 

1,389

 

 

1,237

 

Selling and marketing

 

 

1,511

 

 

1,438

 

General and administrative

 

 

2,014

 

 

1,691

 

Total

 

$

5,105

 

$

4,542