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Stock Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Summary of Share-based Awards Available for Grant under 2016 Plan
A summary of share-based awards available for grant under the 2016 Equity Incentive Plan is as follows: 
Shares Available
for Grant
Balance at December 31, 20163,743,037  
Additional options authorized1,106,966  
Awards granted(837,436) 
Awards forfeited21,585  
Balance at December 31, 20174,034,152  
Additional awards authorized1,168,865  
Awards granted(666,913) 
Awards forfeited124,478  
Awards withheld for tax purposes56,710  
Balance at December 31, 20184,717,292  
Additional awards authorized1,218,402  
Awards granted(649,911) 
Awards forfeited181,513  
Awards withheld for tax purposes60,836  
Balance at December 31, 20195,528,132  
Summary of Stock Option Activity Under 2006 and 2016 Plans, Including Grants To Nonemployees
The following table summarizes stock option activity under the 2006 and 2016 Plans, including grants to nonemployees:
Options Outstanding
Options
Outstanding
Weighted-
Average
Exercise
Price Per
Share
Weighted-
Average
Remaining
Contractual
Life (years)
Aggregate
Intrinsic
Value
(in thousands)
Balance at December 31, 20162,977,218  $6.16  6.93$70,979  
Options granted465,271  $36.76  
Options exercised(827,556) $4.11  
Options forfeited(13,752) $14.43  
Balance at December 31, 20172,601,181  $12.24  7.17$113,958  
Options granted366,928  $68.32  
Options exercised(798,424) $7.19  
Options forfeited(75,548) $34.30  
Balance at December 31, 20182,094,137  $23.20  7.0297,976  
Options granted20,010  $82.77  
Options exercised(540,307) $9.59  
Options forfeited(70,593) $54.54  
Balance at December 31, 20191,503,247  $27.40  6.4362,401  
Options exercisable – December 31, 20191,147,525  $19.64  6.0255,919  
Options vested and expected to vest – December 31, 20191,487,867  $27.07  6.4162,220  
Summary of Non-vested Restricted Stock Units ("RSUs")
The fair value of non-vested restricted stock units (“RSUs”) is based on the Company’s closing stock price on the date of grant. A summary for the year ended December 31, 2019, is as follows:
Shares
Underlying
RSUs
Weighted
Average
Grant Date
Fair Value
Weighted
Remaining
Vesting
Period
(in years)
Aggregate
Intrinsic
Value
(in thousands)
Non-vested as of December 31, 2018547,891  $56.62  2.45$38,067  
Granted629,901  $87.72  
Vested(180,842) $52.52  
Forfeited(110,920) $69.77  
Non-vested as of December 31, 2019886,030  $77.92  1.39$60,330