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Employee Stock Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of weighted-average assumptions used in estimation of grant date fair values
The weighted-average assumptions used in the Black-Scholes option-pricing model were as follows:
 
Years Ended
December 31,
 
2018
 
2017
 
2016
Expected term (years)
6.23

 
6.02

 
5.95

Volatility
56
%
 
57
%
 
55
%
Expected dividend yield
0
%
 
0
%
 
0
%
Risk-free interest rates
2.68
%
 
2.01
%
 
1.91
%
Summary of stock option activity
A summary of stock option activity for the year ended December 31, 2018 is as follows (in thousands, except for per share and weighted-average contractual life amounts):
 
Shares
 
Weighted-Average
Exercise Price
(in dollars
per share)
 
Weighted-Average
Contractual Life
(In Years)
 
Aggregate
Intrinsic
Value
Options outstanding at December 31, 2017
5,648

 
$
37.71

 
 
 
 

Granted
1,447

 
33.76

 
 
 
 

Exercised
(472
)
 
16.06

 
 
 
 

Canceled
(529
)
 
41.64

 
 
 
 

Expired
(631
)
 
48.68

 
 
 
 

Options outstanding at December 31, 2018
5,463

 
$
36.88

 
7.39
 
$
4,910

Options exercisable at December 31, 2018
3,102

 
$
36.53

 
6.43
 
$
4,901

Summary of restricted stock units activity
A summary of RSU activity during the year ended December 31, 2018 is as follows (in thousands, except for per share amounts):
 
RSUs
 
Weighted-Average Grant Date Fair Value (in dollars per share)
RSUs Outstanding at December 31, 2017
147

 
$
36.69

Granted
221

 
37.83

Vested
(37
)
 
36.60

Forfeited
(104
)
 
36.98

RSUs Outstanding at December 31, 2018
227

 
$
37.69

Summary of stock-based compensation expense by financial statement line
The following table summarizes stock-based compensation expense by financial statement line (in thousands):
 
Years Ended December 31,
 
2018
 
2017
 
2016
Research and development
$
11,657

 
$
14,699

 
$
11,190

General and administrative
17,044

 
20,304

 
14,868

Share-based compensation expense included in operating expenses
$
28,701

 
$
35,003

 
$
26,058