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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Composition of Common Stock Capital

a.Common Stock:

Number of shares

Authorized as of

Issued as of

Outstanding as of

September

30, 2020

December

31, 2019

September

30, 2020

December

31, 2019

September

30, 2020

December

31, 2019

Stock of $0.0001 par  value:

Common stock

125,000,000

125,000,000

51,207,310

49,081,457

51,207,310

48,898,062

Schedule of Stock Option Activity

A summary of the activity in the stock options granted to employees and members of the board of directors for the nine months ended September 30, 2020 and related information are as follows:

Number

of

Options

Weighted

average

exercise

price

Weighted

average

remaining

contractual

term

in years

Aggregate

intrinsic

Value

 

Outstanding as of December 31, 2019

2,112,009

15.44

3.58

168,229

Granted

59,558

101.81

Exercised

(1,434,129

)

10.93

Outstanding as of September 30, 2020

737,438

31.18

5.79

152,776

 

Vested and expected to vest as of September 30, 2020

728,547

31.01

6.85

151,055

 

Exercisable as of September 30, 2020

497,011

23.48

6.32

106,792

Schedule of RSU Activity

A summary of the activity in the RSUs granted to employees and directors for the nine months ended September 30, 2020 is as follows:

Number of

RSUs

Weighted average

grant date

fair value

 

Unvested as of December 31, 2019

2,742,589

52.77

Granted

606,666

180.66

Vested

(807,986

)

43.34

Forfeited

(166,461

)

65.30

Unvested as of September 30, 2020

2,374,808

87.78

Schedule of Recognized Stock-Based Compensation Expense

The Company recognized stock-based compensation expenses related to stock options, RSUs and PSUs granted to employees and non-employee consultants and ESPP in the condensed consolidated statement of income for the three and nine months ended September 30, 2020 and 2019, as follows:

Three months ended

September 30,

Nine months ended

September 30,

2020

2019

2020

2019

 

Cost of revenues

$

2,730

$

1,691

$

7,362

$

4,696

Research and development

6,904

4,269

18,129

11,935

Selling and marketing

4,066

2,779

10,703

7,905

General and administrative

2,559

2,628

6,799

7,907

Other operating expenses

-

6,242

-

6,242

 

Total stock-based compensation expense

$

16,259

$

17,609

$

42,993

$

38,685