XML 28 R17.htm IDEA: XBRL DOCUMENT v3.19.1
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2019
Stockholders' Equity Note [Abstract]  
Share-based Compensation, Stock Options, Activity
A summary of employees’ stock options activities during the three months ended March 31, 2019 is as follows:
 
 
Three Months Ended
March 31, 2019 (unaudited)
 
Number
 
Weighted
average
exercise price
 
Aggregate
intrinsic value
(in thousands)
 
Weighted average
remaining
contractual life
(years)
 
 
 
 
 
 
 
 
Options outstanding as of January 1, 2019
709,668

 
$
17.941

 
$
24,810

 
4.513
Granted

 
$

 
 
 
 
Exercised
(149,132
)
 
$
5.503

 
 
 
 
Forfeited

 
$

 
 
 
 
 
 
 
 
 
 
 
 
Options outstanding as of March 31, 2019
560,536

 
$
21.250

 
$
21,514

 
5.069
 
 
 
 
 
 
 
 
Options exercisable as of March 31, 2019
548,421

 
$
21.343

 
$
20,997

 
5.029
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
The options outstanding as of March 31, 2019 (unaudited) have been separated into ranges of exercise price as follows:

Range of exercise price
 
Options
outstanding
as of
March 31,
2019
 
Weighted
average
remaining
contractual
life (years)
 
Weighted
average
exercise price
 
Options
exercisable
as of
March 31,
2019
 
Weighted
average
remaining
contractual
life (years)
 
Weighted
average
exercise price
of options
exercisable
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
1.256

 
 
1.576
 
8,970

 
0.892

 
$
1.562

 
8,970

 
0.892

 
$
1.562

$
6.230

 
 
8.800
 
12,356

 
2.760

 
$
8.039

 
12,356

 
2.760

 
$
8.039

$
12.470

 
 
16.870
 
144,925

 
4.778

 
$
14.052

 
133,465

 
4.596

 
$
13.749

$
19.510

 
 
21.660
 
201,472

 
5.371

 
$
21.160

 
200,817

 
5.369

 
$
21.164

$
22.010

 
 
24.230
 
85,361

 
5.037

 
$
22.366

 
85,361

 
5.037

 
$
22.366

 

 
$29.880
 
 
 
64,725

 
5.899

 
$
29.880

 
64,725

 
5.899

 
$
29.880

 

 
$39.860
 
 
 
42,727

 
4.978

 
$
39.860

 
42,727

 
4.978

 
$
39.860

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
560,536

 
5.069

 
$
21.250

 
548,421

 
5.029

 
$
21.343

Schedule of Stockholders' Equity Note, Warrants or Rights
The Company’s outstanding options granted to consultants for services as of March 31, 2019 (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
5,468

 
$
21.660

 
5,468

 
November 2024
May 2015
1,137

 
$
19.510

 
1,055

 
May 2025
February 2016
2,138

 
$
16.870

 
1,563

 
February 2026
 
 
 
 
 
 
 
 
 
23,493

 
 

 
22,836

 
 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of restricted stock units and performance stock units for employees, consultants and non-employee directors of the Company for the three months ended March 31, 2019 (unaudited) is as follows:
 
 
Number of
shares underlying
outstanding
restricted stock units
 
Weighted-
average
grant date
fair value
Unvested balance - January 1, 2019
2,440,027

 
$
40.00

Granted
1,149,434

 
$
55.52

Vested
(622,523
)
 
$
35.95

Forfeited
(101,638
)
 
$
41.33

Unvested balance – March 31, 2019
2,865,300

 
$
47.09

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
March 31,
 
2019
 
2018
 
(unaudited)
(in thousands)
 
 
 
 
Cost of revenues
$
558

 
$
362

Research and development
2,678

 
2,105

Sales and marketing
3,443

 
3,101

General and administrative
2,282

 
1,359

 
 
 
 
Total
$
8,961

 
$
6,927