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Equity Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Activity Under 2007 Plan, 2011 Plan and 2016 Plan

Stock option activity under the 2007 Plan, 2011 Plan and the 2016 Plan during the nine months ended September 30, 2016 was as follows (in thousands, except per share and contractual life data):

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

Remaining

 

 

Total

 

 

 

Options

 

 

Exercise Price

 

 

Contractual

 

 

Intrinsic

 

 

 

Outstanding

 

 

per Share

 

 

Life (years)

 

 

Value

 

Outstanding at December 31, 2015

 

 

10,506

 

 

$

8.51

 

 

 

7.49

 

 

$

60,911

 

Options granted

 

 

2,063

 

 

 

14.31

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(222

)

 

 

4.50

 

 

 

 

 

 

 

 

 

Options forfeited or canceled

 

 

(815

)

 

 

11.46

 

 

 

 

 

 

 

 

 

Outstanding at September 30, 2016

 

 

11,532

 

 

$

9.42

 

 

 

7.22

 

 

$

141,628

 

Vested and expected to vest - September 30, 2016

 

 

10,612

 

 

$

9.09

 

 

 

7.08

 

 

$

133,851

 

Exercisable - September 30, 2016

 

 

6,496

 

 

$

6.23

 

 

 

5.87

 

 

$

100,492

 

 

Summary of Stock Based Compensation Expenses

Stock-based compensation expense recognized in the Company’s statement of comprehensive loss was as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Cost of revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subscription

 

$

232

 

 

$

145

 

 

$

564

 

 

$

341

 

Professional services

 

 

190

 

 

 

179

 

 

 

557

 

 

 

574

 

Research and development

 

 

698

 

 

 

577

 

 

 

1,965

 

 

 

1,737

 

Sales and marketing

 

 

735

 

 

 

623

 

 

 

2,176

 

 

 

1,833

 

General and administrative

 

 

632

 

 

 

498

 

 

 

1,640

 

 

 

1,392

 

Total stock-based compensation

 

$

2,487

 

 

$

2,022

 

 

$

6,902

 

 

$

5,877