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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 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

 

727

 

$

28.09

 

Options exercised

 

(569)

 

$

20.95

 

Options forfeited

 

(72)

 

$

28.12

 

Options expired

 

(4)

 

$

20.08

 

Balance at September 30, 2017

 

3,688

 

$

26.24

 

Exercisable at September 30, 2017

 

2,479

 

$

25.33

 

Vested and expected to vest at September 30, 2017

 

3,604

 

$

26.20

 

 

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

 

572

 

$

28.24

RSUs vested

 

(367)

 

$

28.59

RSUs cancelled

 

(90)

 

$

28.30

Balance at September 30, 2017

 

986

 

$

28.26

 

Schedule of share-based compensation expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

 

September 30,

 

September 30,

 

 

 

 

2017

 

2016

 

2017

 

2016

 

 

 

 

(In thousands)

 

(In thousands)

 

 

Cost of product revenues

 

$

187

    

$

155

    

$

548

    

$

501

 

 

Research and development

 

 

1,378

 

 

1,108

 

 

4,209

 

 

3,596

 

 

Selling and marketing

 

 

1,325

 

 

1,359

 

 

4,315

 

 

4,234

 

 

General and administrative

 

 

2,065

 

 

2,091

 

 

6,185

 

 

5,771

 

 

Total

 

$

4,955

 

$

4,713

 

$

15,257

 

$

14,102