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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Option Activity
The following is a summary of option activity for the six months ended June 30, 2017:
 
 
Number of
Options
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Contractual
Term
(in years)
 
Aggregate
Intrinsic
Value
(in thousands)
Outstanding at January 1, 2017
11,426,296

 
$
6.10

 

 

Granted
368,894

 
$
4.13

 

 

Exercised
(1,003,735
)
 
$
0.93

 

 

Forfeited
(1,075,772
)
 
$
9.00

 

 

Expired
(555,889
)
 
$
11.74

 

 

Outstanding at June 30, 2017
9,159,794

 
$
5.90

 
7.0

 
$
15,276

Exercisable at June 30, 2017
6,346,632

 
$
5.09

 
6.3

 
$
14,670

Vested or expected to vest as of June 30, 2017
9,066,131

 
$
5.89

 
7.0

 
$
15,271

Schedule of Activities of RSUs
The following table summarizes our activities of Restricted Stock Units ("RSUs") and Performance Restricted Stock Units ("PRSUs") during the six months ended June 30, 2017:
 
Number of RSUs
 
Weighted-Average Grant Date Fair Value
Unvested at January 1, 2017
3,888,768

 
$
8.46

RSUs and PRSUs granted
629,552

 
$
4.26

RSUs vested
(401,768
)
 
8.62

RSUs forfeited/expired
(1,359,360
)
 
$
8.37

Unvested at June 30, 2017
2,757,192

 
$
7.24

Expected to vest after June 30, 2017
2,522,671

 
$
7.30

Schedule of Stock-based Compensation Expense
Stock-based compensation expense related to stock options, RSUs, PRSUs and Employee Stock Purchase Program are included in the following line items in our accompanying condensed consolidated statements of operations for the three and six months ended June 30, 2017 and 2016 (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Sales and marketing
$
521

 
$
941

 
$
1,292

 
$
1,829

Technology and analytics
542

 
887

 
1,325

 
1,644

Processing and servicing
157

 
211

 
330

 
554

General and administrative
1,754

 
1,871

 
3,518

 
3,635

Total
$
2,974

 
$
3,910

 
$
6,465

 
$
7,662