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Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2020
Stockholders Equity Note [Abstract]  
Summary of Changes of Shareholders' Equity (Deficit)

The changes to the Company’s shareholders’ equity during the three months March 31, 2020 is as follows (in thousands, except share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

Other

 

 

 

 

 

 

Total

 

 

Common Stock

 

 

Paid-In

 

 

Comprehensive

 

 

Accumulated

 

 

Shareholders’

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Income (Loss)

 

 

Deficit

 

 

Equity

 

Balance at January 1, 2020

 

77,447,620

 

 

$

8

 

 

$

976,627

 

 

$

(2,719

)

 

$

(510,194

)

 

$

463,722

 

Exercise of stock options

 

532,848

 

 

 

 

 

 

 

7,928

 

 

 

 

 

 

 

 

 

 

 

7,928

 

Vesting of restricted stock units

 

186,475

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based compensation cost

 

 

 

 

 

 

 

 

 

9,749

 

 

 

 

 

 

 

 

 

 

 

9,749

 

Shares issued under employee stock

   purchase plan

 

81,894

 

 

 

 

 

 

 

5,716

 

 

 

 

 

 

 

 

 

 

 

5,716

 

Shares issued related to business

   combination earnouts

 

44,659

 

 

 

 

 

 

 

3,750

 

 

 

 

 

 

 

 

 

 

 

3,750

 

Shares issued to purchase intangible

   assets

 

1,191

 

 

 

 

 

 

 

87

 

 

 

 

 

 

 

 

 

 

 

87

 

Gain on translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

625

 

 

 

 

 

 

 

625

 

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(15,283

)

 

 

(15,283

)

Balance at March 31, 2020

 

78,294,687

 

 

$

8

 

 

$

1,003,857

 

 

$

(2,094

)

 

$

(525,477

)

 

$

476,294

 

 

 

The changes to the Company’s shareholders’ equity for the three months ended March 31, 2019 is as follows (in thousands, except share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

Other

 

 

 

 

 

 

Total

 

 

Common Stock

 

 

Paid-In

 

 

Comprehensive

 

 

Accumulated

 

 

Shareholders’

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Income (Loss)

 

 

Deficit

 

 

Equity

 

Balance at January 1, 2019

 

66,768,563

 

 

$

7

 

 

$

599,493

 

 

$

(2,345

)

 

$

(487,602

)

 

$

109,553

 

Impact of adoption of new accounting

   pronouncements - ASC 606 (see Note 2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

27,622

 

 

 

27,622

 

Exercise of stock options

 

2,763,291

 

 

 

 

 

 

 

27,311

 

 

 

 

 

 

 

 

 

 

 

27,311

 

Shares tendered for cashless redemption of

   stock-based awards

 

(2,805

)

 

 

 

 

 

 

(93

)

 

 

 

 

 

 

 

 

 

 

(93

)

Stock-based compensation cost

 

 

 

 

 

 

 

 

 

6,571

 

 

 

 

 

 

 

 

 

 

 

6,571

 

Shares issued under employee stock

   purchase plan

 

372,764

 

 

 

 

 

 

 

7,664

 

 

 

 

 

 

 

 

 

 

 

7,664

 

Shares issued to purchase intangible assets

 

1,634

 

 

 

 

 

 

 

50

 

 

 

 

 

 

 

 

 

 

 

50

 

Loss on translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

(462

)

 

 

 

 

 

 

(462

)

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(10,354

)

 

 

(10,354

)

Balance at March 31, 2019

 

69,903,447

 

 

$

7

 

 

$

640,996

 

 

$

(2,807

)

 

$

(470,334

)

 

$

167,862