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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2018
Stockholders' Equity Note [Abstract]  
Share-based Compensation, Stock Options, Activity
A summary of employees’ stock options activities during the nine months ended September 30, 2018 is as follows:
 
 
Nine Months Ended
September 30, 2018 (unaudited)
 
Number
 
Weighted
average
exercise price
 
Aggregate
intrinsic value
(in thousands)
 
Weighted average
remaining
contractual life
(years)
 
 
 
 
 
 
 
 
Options outstanding as of January 1, 2018
1,456,285

 
$
16.172

 
$
47,152

 
4.906
Granted

 
$

 
 
 
 
Exercised
(689,227
)
 
$
13.843

 
 
 
 
Forfeited
(1,471
)
 
$
21.972

 
 
 
 
 
 
 
 
 
 
 
 
Options outstanding as of September 30, 2018
765,587

 
$
18.257

 
$
42,102

 
4.800
 
 
 
 
 
 
 
 
Options exercisable at the end of the period
722,216

 
$
18.054

 
$
39,900

 
4.682
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
The options outstanding as of September 30, 2018 (unaudited) have been separated into ranges of exercise price as follows:

Range of exercise price
 
Options
outstanding
as of
September 30,
2018
 
Weighted
average
remaining
contractual
life (years)
 
Weighted
average
exercise price
 
Options
exercisable
as of
September 30,
2018
 
Weighted
average
remaining
contractual
life (years)
 
Weighted
average
exercise price
of options
exercisable
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
1.256

 
 
1.576
 
130,625

 
0.914

 
$
1.282

 
130,625

 
0.914

 
$
1.282

$
6.230

 
 
8.800
 
12,356

 
3.259

 
$
8.039

 
12,356

 
3.259

 
$
8.039

$
12.470

 
 
16.870
 
157,613

 
5.201

 
$
13.936

 
139,903

 
4.924

 
$
13.463

$
19.510

 
 
21.660
 
240,699

 
5.825

 
$
21.190

 
230,416

 
5.806

 
$
21.191

$
22.010

 
 
24.230
 
98,380

 
5.427

 
$
22.404

 
98,380

 
5.427

 
$
22.404

 

 
$29.880
 
 
 
75,936

 
6.397

 
$
29.880

 
60,558

 
6.397

 
$
29.880

 

 
$39.860
 
 
 
49,978

 
5.477

 
$
39.860

 
49,978

 
5.477

 
$
39.860

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
765,587

 
4.800

 
$
18.257

 
722,216

 
4.682

 
$
18.054

Schedule of Stockholders' Equity Note, Warrants or Rights
The Company’s outstanding options granted to consultants for services as of September 30, 2018 (unaudited) were as follows:
 
 
Options for
shares of
common stock
 
Exercise price
per share
 
Options
exercisable
 
Exercisable
through
 
(number)
 
 
 
(number)
 
 
 
 
 
 
 
 
 
 
February 2013
1,500

 
$
12.470

 
1,500

 
February 2023
August 2013
4,000

 
$
21.140

 
4,000

 
August 2023
March 2014
5,550

 
$
39.860

 
5,550

 
March 2024
May 2014
3,700

 
$
22.010

 
3,700

 
May 2024
November 2014
6,693

 
$
21.660

 
6,296

 
November 2024
May 2015
1,137

 
$
19.510

 
805

 
May 2025
February 2016
2,138

 
$
16.870

 
1,250

 
February 2026
 
 
 
 
 
 
 
 
 
24,718

 
 

 
23,101

 
 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of restricted stock units for employees, consultants and non-employee directors of the Company for the nine months ended September 30, 2018 (unaudited) is as follows:
 
 
Number of
shares underlying
outstanding
restricted stock units
 
Weighted-
average
grant date
fair value
Unvested balance - January 1, 2018
2,018,121

 
$
27.32

Granted
1,220,624

 
$
53.56

Vested
(553,671
)
 
$
26.28

Forfeited
(121,351
)
 
$
37.04

Unvested balance – September 30, 2018
2,563,723

 
$
38.81

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The Company recognized non-cash stock-based compensation expense in the consolidated statements of operations as follows:
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2018
 
2017
 
2018
 
2017
 
(unaudited)
(in thousands)
 
(unaudited)
(in thousands)
 
 
 
 
 
 
 
 
Cost of revenues
$
470

 
$
283

 
$
1,300

 
$
783

Research and development
2,097

 
1,374

 
7,180

 
3,805

Sales and marketing
3,600

 
1,856

 
10,349

 
6,277

General and administrative
2,232

 
1,269

 
5,345

 
3,580

 
 
 
 
 
 
 
 
Total
$
8,399

 
$
4,782

 
$
24,174

 
$
14,445