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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2017
Stock-Based Compensation  
Summary of option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of

 

Weighted-Average

 

 

 

Shares

 

Exercise Price

 

 

 

(In thousands)

 

 

 

Balance at December 31, 2016

 

3,606

 

$

25.07

 

Options granted

 

684

 

$

27.84

 

Options exercised

 

(460)

 

$

21.20

 

Options forfeited

 

(19)

 

$

28.30

 

Options expired

 

(4)

 

$

20.08

 

Balance at June 30, 2017

 

3,807

 

$

26.02

 

Exercisable at June 30, 2017

 

2,502

 

$

24.96

 

Vested and expected to vest at June 30, 2017

 

3,707

 

$

25.98

 

 

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

 

538

 

$

27.97

RSUs vested

 

(346)

 

$

28.70

RSUs cancelled

 

(51)

 

$

28.41

Balance at June 30, 2017

 

1,012

 

$

28.09

 

Schedule of share-based compensation expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

 

June 30,

 

June 30,

 

 

 

 

2017

 

2016

 

2017

 

2016

 

 

 

 

(In thousands)

 

(In thousands)

 

 

Cost of product revenues

 

$

170

    

$

152

    

$

361

    

$

312

 

 

Research and development

 

 

1,443

 

 

1,269

 

 

2,831

 

 

2,522

 

 

Selling and marketing

 

 

1,478

 

 

1,437

 

 

2,989

 

 

2,875

 

 

General and administrative

 

 

2,106

 

 

1,989

 

 

4,121

 

 

3,680

 

 

Total

 

$

5,197

 

$

4,847

 

$

10,302

 

$

9,389