XML 33 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Activity

The following table summarizes stock option activity under our 2013 Plan and related information during the six months ended June 30, 2017:

 

 

 

Shares

 

 

 

 

 

 

 

Subject to

 

 

Weighted-

 

 

 

Outstanding

 

 

Average Exercise

 

 

 

Options

 

 

Price Per Share

 

Balance at December 31, 2016

 

 

5,817,116

 

 

$

25.26

 

Options granted

 

 

1,259,150

 

 

 

29.05

 

Options exercised

 

 

(757,573

)

 

 

11.42

 

Options canceled

 

 

(142,391

)

 

 

33.90

 

Balance at June 30, 2017

 

 

6,176,302

 

 

$

27.53

 

 

Summary of PSO Activity

The following table summarizes PSO activity under our 2013 Plan and related information during the six months ended June 30, 2017:

 

 

 

Shares

 

 

 

 

 

 

 

Subject to

 

 

Weighted-

 

 

 

Outstanding

 

 

Average Exercise

 

 

 

Options

 

 

Price Per Share

 

Balance at December 31, 2016

 

 

180,752

 

 

$

23.76

 

Options granted

 

 

 

 

 

 

Options exercised

 

 

 

 

 

 

Options canceled

 

 

 

 

 

 

Balance at June 30, 2017

 

 

180,752

 

 

$

23.76

 

 

Summary of RSU Activity

The following table summarizes RSU activity, under our 2013 Plan and related information:

 

 

 

Shares

 

 

 

 

 

 

 

Subject to

 

 

Weighted-

 

 

 

Outstanding

 

 

Average grant date

 

 

 

RSUs

 

 

fair value per share

 

Balance at December 31, 2016

 

 

546,507

 

 

$

28.38

 

RSUs granted

 

 

335,050

 

 

 

26.41

 

RSUs released

 

 

(211,882

)

 

 

28.26

 

RSUs canceled

 

 

(23,022

)

 

 

27.42

 

Balance at June 30, 2017

 

 

646,653

 

 

$

27.43

 

 

Summary of PSU Activity

The following table summarizes PSU activity, under our 2013 Plan and related information:

 

 

 

Shares

 

 

 

 

 

 

 

Subject to

 

 

Weighted-

 

 

 

Outstanding

 

 

Average grant date

 

 

 

PSUs

 

 

fair value per share

 

Balance at December 31, 2016

 

 

285,866

 

 

$

29.24

 

PSUs granted

 

 

143,750

 

 

 

25.54

 

PSUs released

 

 

(8,917

)

 

 

50.30

 

PSUs canceled

 

 

(52,281

)

 

 

33.76

 

Balance at June 30, 2017

 

 

368,418

 

 

$

26.64

 

 

Classification of Stock-Based Compensation Expense

 

The table below sets forth the functional classification of stock-based compensation expense, net of estimated forfeitures, for the periods presented (in thousands):  

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Research and development

 

$

6,670

 

 

$

3,066

 

 

$

10,820

 

 

$

6,096

 

Selling, general and administrative

 

 

6,587

 

 

 

4,556

 

 

 

11,471

 

 

 

8,595

 

Total stock-based compensation

 

$

13,257

 

 

$

7,622

 

 

$

22,291

 

 

$

14,691