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Stockholders' Equity and Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock-Based Compensation Expense Recorded in Unaudited Consolidated Statement of Operations Stock-based compensation expense recorded in the Company’s unaudited consolidated statements of operations was as follows (in thousands)

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Subscription and support cost of revenue

 

$

406

 

 

$

336

 

 

$

1,346

 

 

$

872

 

Professional services and other cost of revenue

 

 

488

 

 

 

267

 

 

 

1,664

 

 

 

706

 

Sales and marketing

 

 

3,774

 

 

 

1,385

 

 

 

11,772

 

 

 

4,404

 

Research and development

 

 

4,974

 

 

 

2,026

 

 

 

14,917

 

 

 

5,953

 

General and administrative

 

 

4,452

 

 

 

1,669

 

 

 

13,699

 

 

 

4,167

 

Total stock-based compensation

 

$

14,094

 

 

$

5,683

 

 

$

43,398

 

 

$

16,102

 

Summary of Stock Option Activity The following table summarizes stock option activity for the nine months ended September 30, 2019 (in thousands, except per share data and years):

 

  

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

Average

 

 

 

 

 

 

 

Shares

 

 

Average

 

 

Remaining

 

 

Aggregate

 

 

 

Underlying

 

 

Exercise

 

 

Life

 

 

Intrinsic

 

 

 

Options

 

 

Price

 

 

(in years)

 

 

Value

 

Outstanding at December 31, 2018

 

 

1,303

 

 

$

14.09

 

 

 

6.5

 

 

$

30,552

 

Granted

 

 

41

 

 

 

3.54

 

 

 

 

 

 

 

 

 

Exercised

 

 

(436

)

 

 

9.04

 

 

 

 

 

 

 

 

 

Forfeited or cancelled

 

 

(42

)

 

 

21.45

 

 

 

 

 

 

 

 

 

Outstanding at September 30, 2019

 

 

866

 

 

 

15.73

 

 

 

6.1

 

 

 

20,329

 

Vested and expected to vest—September 30, 2019

 

 

866

 

 

 

15.73

 

 

 

6.1

 

 

 

20,329

 

Exercisable at September 30, 2019

 

 

681

 

 

 

12.08

 

 

 

5.6

 

 

 

18,286

 

Summary of RSUs Activity The following table summarizes the activity of RSUs for the nine months ended September 30, 2019 (in thousands, except per share data):

 

 

RSUs Outstanding

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

Grant Date Fair

 

 

 

Shares

 

 

Value Per Share

 

Unvested and outstanding at December 31, 2018

 

 

1,690

 

 

$

32.87

 

Granted

 

 

2,412

 

 

 

42.56

 

Vested

 

 

(1,026

)

 

 

36.63

 

Cancelled

 

 

(329

)

 

 

36.31

 

Unvested and outstanding at September 30, 2019

 

 

2,747

 

 

 

39.58