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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2018
Stock-Based Compensation  
Summary of option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding Options

 

 

 

Number of

 

Weighted-Average

 

 

 

Shares

 

Exercise Price

 

 

 

(In thousands)

 

 

 

Balance at December 31, 2017

 

3,460

 

$

26.42

 

Options granted

 

599

 

$

33.21

 

Options exercised

 

(65)

 

$

17.66

 

Options forfeited

 

(77)

 

$

29.44

 

Options expired

 

 —

 

$

 —

 

Balance at March 31, 2018

 

3,917

 

$

27.54

 

Exercisable at March 31, 2018

 

2,493

 

$

26.02

 

Vested and expected to vest at March 31, 2018

 

3,799

 

$

27.44

 

 

Summary of RSU activity

 

 

 

 

 

 

 

    

 

    

Weighted-Average

 

 

Number of

 

Grant Date Fair

 

 

Shares

 

Value

 

 

(In thousands)

 

 

 

Balance at December 31, 2017

 

964

 

$

28.25

RSUs granted

 

503

 

$

33.34

RSUs vested

 

(383)

 

$

28.32

RSUs cancelled

 

(123)

 

$

30.12

Balance at March 31, 2018

 

961

 

$

30.64

 

Schedule of share-based compensation expense

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

March 31,

 

 

 

 

2018

 

2017

 

 

 

 

(In thousands)

 

 

Cost of product revenues

 

$

228

    

$

191

 

 

Research and development

 

 

1,263

 

 

1,389

 

 

Selling and marketing

 

 

1,287

 

 

1,511

 

 

General and administrative

 

 

2,408

 

 

2,014

 

 

Total

 

$

5,186

 

$

5,105