XML 72 R26.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Stock by Class
 
Authorized
 
Issued and outstanding
 
Number of shares
 
December 31,
 
December 31,
 
2019
 
2018
 
2019
 
2018
Stock of $0.001 par value:
 
 
 
 
 
 
 
Common stock
200,000,000

 
200,000,000

 
30,583,311

 
29,576,880


Share-based Compensation, Stock Options, Activity
A summary of employees’ stock options activities during the year ended December 31, 2019 is as follows:
 
 
Year ended
 
December 31, 2019
 
Number
 
Weighted
average
exercise
price
 
Aggregate
intrinsic
value
(in thousands)
 
Weighted
average
remaining
contractual
life (years)
Options outstanding at the beginning of the year
709,668

 
$
17.941

 
$
24,810

 
4.513

Granted

 
$

 
 
 
 
Exercised
(253,715
)
 
$
13.068

 
 
 
 
Forfeited
(1,605
)
 
$
27.512

 
 
 
 
Options outstanding at the end of the period
454,348

 
$
20.628

 
$
25,935

 
4.343

Options exercisable at the end of the period
452,264

 
$
20.645

 
$
25,808

 
4.335



Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
The options outstanding as of December 31, 2019 have been separated into ranges of exercise price as follows:
 
Range of exercise price
 
Options
outstanding
as of
December 31,
2019
 
Weighted
average
remaining
contractual
life (years)
 
Weighted
average
exercise
price
 
Options
exercisable
as of
December 31,
2019
 
Weighted
average
remaining
contractual
life (years)
 
Weighted
average
exercise
price of
options
exercisable
 
 
$
1.576

 
 
 
1,970

 
0.038

 
$
1.576

 
1,970

 
0.038

 
$
1.576

$
6.230

 
 
8.800
 
11,856

 
1.992

 
$
8.084

 
11,856

 
1.992

 
$
8.084

$
12.470

 
 
16.870
 
130,925

 
4.045

 
$
14.112

 
128,841

 
4.012

 
$
14.057

$
19.510

 
 
21.660
 
164,253

 
4.587

 
$
21.177

 
164,253

 
4.587

 
$
21.177

$
22.010

 
 
24.230
 
70,848

 
4.268

 
$
22.434

 
70,848

 
4.268

 
$
22.434

 

 
$
29.880

 
 
 
56,879

 
5.145

 
$
29.880

 
56,879

 
5.145

 
$
29.880

 

 
$
39.860

 
 
 
17,617

 
4.057

 
$
39.860

 
17,617

 
4.057

 
$
39.860

 

 
 
 
 
 
454,348

 
4.343

 
$
20.628

 
452,264

 
4.335

 
$
20.645



Schedule of Stockholders' Equity Note, Warrants or Rights
The Company’s outstanding options granted to consultants for services as of December 31, 2019 were as follows:
 
Issuance date
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
3,750

 
$
39.860

 
3,750

 
March 2024
May 2014
3,700

 
$
22.010

 
3,700

 
May 2024
November 2014
4,218

 
$
21.660

 
4,218

 
November 2024
May 2015
1,137

 
$
19.510

 
1,137

 
May 2025
February 2016
1,982

 
$
16.870

 
1,877

 
February 2026
 
20,287

 
 
 
20,182

 
 

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following provides a summary of the restricted stock unit activity for the Company for the year ended December 31, 2019:
 
 
Number of
Shares
Underlying
Outstanding
Restricted Stock
Units
 
Weighted-
Average
Grant Date
Fair Value
Outstanding as of January 1, 2019
2,440,027

 
$
40.00

Granted
1,307,134

 
$
58.22

Vested
(823,036
)
 
$
36.45

Forfeited
(365,042
)
 
$
46.37

Unvested as of December 31, 2019
2,559,083

 
$
49.58


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 (in thousands):
 
 
Year ended
 
December 31,
 
2019
 
2018
 
2017
Cost of revenues
$
2,561

 
$
1,757

 
$
1,078

Research and development
13,188

 
9,645

 
5,209

Sales and marketing
14,782

 
16,081

 
8,542

General and administrative
15,608

 
7,478

 
5,006

Total
$
46,139

 
$
34,961

 
$
19,835