XML 47 R24.htm IDEA: XBRL DOCUMENT v3.19.1
Stock-Based Compensation and Employee Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Option Activity
The following is a summary of option activity for the three months ended March 31, 2019:
 
Number of
Options
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Contractual
Term
(in years)
 
Aggregate
Intrinsic
Value
(in thousands)
Outstanding at January 1, 2019
7,932,782

 
$
5.86

 

 

Exercised
(315,959
)
 
$
3.15

 

 

Expired
(182,492
)
 
$
12.19

 

 

Outstanding at March 31, 2019
7,434,331

 
$
5.82

 
5.5

 
$
13,360

Exercisable at March 31, 2019
6,207,892

 
$
5.79

 
4.9

 
$
13,165

Vested or expected to vest as of March 31, 2019
7,372,107

 
$
5.82

 
5.5

 
$
13,351

Schedule of Activities of RSUs
The following table is a summary of activity in RSUs and PRSUs for the three months ended March 31, 2019:
 
Number of RSUs
 
Weighted-Average Grant Date Fair Value
Unvested at January 1, 2019
3,307,561

 
$
6.00

RSUs and PRSUs granted
1,323,978

 
$
6.07

RSUs and PRSUs vested
(116,798
)
 
$
6.06

RSUs and PRSUs forfeited/expired
(87,635
)
 
$
5.59

Unvested at March 31, 2019
4,427,106

 
$
6.03

Expected to vest after March 31, 2019
3,537,088

 
$
6.04

Schedule of Stock-based Compensation Expense
Stock-based compensation expense related to stock options, RSUs, PRSUs and the employee stock purchase plan are included in the following line items in our accompanying consolidated statements of operations for the three months ended March 31, 2019 and 2018 (in thousands):
 
March 31, 2019
 
March 31, 2018
Sales and marketing
$
559

 
$
535

Technology and analytics
828

 
597

Processing and servicing
90

 
105

General and administrative
1,606

 
1,973

Total
$
3,083

 
$
3,210