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Stock incentive plan (Tables)
12 Months Ended
Dec. 31, 2016
Stock incentive plan  
Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average

 

 

 

Number of

 

Weighted-average

 

remaining contractual

 

Aggregate

 

 

options

 

exercise price

 

life (in years)

 

intrinsic value

Outstanding as of December 31, 2015

 

7,339,296

 

 

2.45

 

5.80

 

 

4,587,530

Options granted

 

800,749

 

 

2.61

 

 

 

 

 

Options exercised

 

(1,433,017)

 

 

2.45

 

 

 

 

 

Options cancelled

 

(222,089)

 

 

2.84

 

 

 

 

 

Options expired

 

(3,000)

 

 

2.50

 

 

 

 

 

Options forfeited

 

(84,574)

 

 

2.83

 

 

 

 

 

Outstanding as of December 31, 2016

 

6,397,365

 

 

2.45

 

5.48

 

 

10,449,189

Options exercisable as of December 31, 2016

 

4,622,154

 

 

2.40

 

4.73

 

 

7,784,568

Vested and expected to vest as of December 31, 2016

 

6,354,908

 

 

2.45

 

5.77

 

 

10,387,307

 

Schedule of additional information pertaining to the stock options

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31,

 

 

2016

 

2015

 

2014

Weighted-average grant date fair value for options granted during the period

    

$

0.92

    

$

0.92

    

$

1.36

Total fair value of options vested during the period

 

 

936,619

 

 

784,965

 

 

775,899

Total intrinsic value of options exercised during the period

 

 

4,639,383

 

 

1,090,711

 

 

803,141

 

Summary of the status of the non-vested shares of restricted stock grants

 

 

 

 

 

 

 

    

 

    

Weighted-Average

 

 

Number of

 

Grant Date Fair

 

 

Awards

 

Value

Non-vested awards as of January 1, 2016

 

1,224,737

 

$

1.71

Awards granted

 

59,260

 

 

4.05

Awards vested

 

(677,401)

 

 

1.68

Awards repurchased

 

 —

 

 

 —

Awards cancelled and forfeited

 

 —

 

 

 —

Non-vested awards as of December 31, 2016

 

606,596

 

$

1.97