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EQUITY AWARD PLAN (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of stock options outstanding
The following table summarizes the outstanding stock option activity (in thousands, except per share amounts and years):
 
Options Outstanding
 
Number of
Shares
 
Weighted
Average
Exercise Price Per Share
 
Weighted
Average
Remaining
Contractual Life (Years)
 
Aggregate
Intrinsic
Value
Balance, December 31, 2013
19,609
 
$
4.51

 
7.3
 
$
195,142

Options granted
1,585
 
13.00

 

 


Options exercised
(3,618)
 
2.11

 

 


Options forfeited
(534)
 
10.94

 

 


Balance, December 31, 2014
17,042
 
$
5.60

 
6.7
 
$
119,782

Options exercisable as of December 31, 2014
11,278
 
$
3.74

 
6.0
 
$
97,008

Options vested and expected to vest as of December 31, 2014
16,853
 
$
5.54

 
6.7
 
$
119,331

Summary of restricted stock units outstanding
The following table summarizes the outstanding activity of RSUs (in thousands, except per share amounts and years):
 
RSUs Outstanding
 
Number of Shares
 
Weighted
Average
Grant Date Fair Value
Per Share
 
Weighted
Average
Remaining
Contractual Life (Years)
 
Aggregate
Intrinsic
Value
Balance, December 31, 2013
1,011

 
$
17.11

 
1.6
 
$
14,356

RSUs granted
2,289

 
12.70

 
 
 
 
RSUs vested
(319
)
 
17.53

 
 
 
 
RSUs forfeited
(156
)
 
14.27

 
 
 
 
Balance, December 31, 2014
2,825

 
$
13.65

 
1.7
 
$
33,955

Summary of stock activity and number of shares available for grant
The following table summarizes the stock activity and the total number of shares available for grant under the 2012 Plan as of December 31, 2014 (in thousands):
 
Number of
Shares
Balance, December 31, 2013
8,547

Additional shares reserved for issuance
4,035

Options granted
(1,585
)
Options forfeited
534

RSUs granted
(2,289
)
RSUs forfeited
156

Balance, December 31, 2014
9,398

Summary of stock options, valuation assumptions
The following table summarizes the weighted average assumptions relating to the Company’s stock options:

Years Ended December 31,

2014
 
2013
 
2012
Volatility
60.7
%

67.4
%
 
69.1
%
Expected term (years)
6.1


6.1

 
6.0

Risk-free interest rate
1.9
%

1.9
%
 
1.0
%
Dividend yield
—


—

 
—

Summary of Employee Stock Purchase Plan, valuation assumptions
The following table summarizes the weighted average assumptions relating to the Company’s ESPP:
 
Years Ended December 31,
 
2014
 
2013
Volatility
40.2
%
 
59.6
%
Expected term (years)
0.7

 
0.7

Risk-free interest rate
0.1
%
 
0.1
%
Dividend yield
—

 
—

Schedule of allocation of stock-based compensation expense
The following table summarizes the stock-based compensation expense recorded for stock awards issued to employees and non-employees (in thousands):
 
Years Ended December 31,
 
2014
 
2013
 
2012
Cost of revenue
$
1,092

 
$
818

 
$
243

Research and development
9,099

 
6,738

 
2,409

Sales and marketing
7,180

 
4,922

 
1,787

General and administrative
9,223

 
6,637

 
4,012

Total stock-based compensation
26,594

 
19,115

 
8,451

Tax benefit from stock-based compensation
(688
)
 
(1,535
)
 
(2,417
)
Total stock-based compensation, net of tax effect
$
25,906

 
$
17,580

 
$
6,034