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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock option activity
Activity under the 2007 Plan and 2015 Plan is as follows (in thousands except per share amounts):
 
Stock Options Outstanding
 
Number of
Shares Subject
to
Stock Options
 
Weighted–
Average
Exercise
Price
 
Weighted–
Average Remaining Contractual Term
(in years)
 
Aggregate
Intrinsic
Value
Balance—December 31, 2017
21,386

 
$
3.01

 
 
 
 
Granted

 
$

 
 
 
 
Exercised
(4,375
)
 
$
2.29

 
 
 
$
21,744

Canceled
(748
)
 
$
7.33

 
 
 
 
Balance—December 31, 2018
16,263

 
$
3.00

 
4.9
 
$
38,459

Stock options exercisable—December 31, 2018
15,131

 
$
2.80

 
4.8
 
$
37,707

Stock options vested and expected to vest—December 31, 2018
16,253

 
$
3.00

 
4.9
 
$
38,455

Schedule of restricted stock unit activity
RSU activity under the equity incentive plans is as follows:
 
RSUs
Outstanding
 
Weighted-
Average
Grant Date
Fair Value
 
(in thousands)
 
 
Unvested balance—December 31, 2017
19,188

 
$
9.13

Granted
14,666

 
5.14

Vested
(10,113
)
 
8.39

Forfeited or canceled
(5,365
)
 
7.95

Unvested balance—December 31, 2018
18,376

 
6.69

Schedule of stock-based compensation expense
Total stock-based compensation recognized was as follows (in thousands):
 
Year Ended December 31,
 
2018
 
2017
 
2016
 
 
 
 
 
 
Cost of revenue
$
7,312

 
$
5,312

 
$
4,797

Research and development
57,188

 
54,123

 
47,207

Sales and marketing
14,726

 
14,959

 
11,575

General and administrative
17,783

 
17,187

 
15,853

Total stock-based compensation expense
$
97,009

 
$
91,581

 
$
79,432

Schedule of options valuation assumptions
The fair value of the stock option awards, warrants, awards issued under the 2015 ESPP, and awards granted to employees was estimated at the date of grant using a Black-Scholes option-pricing model. The fair value of the RSUs with market conditions were estimated using a Black-Scholes option-pricing model combined with a Monte Carlo simulation model. The fair value of these awards were estimated using the following Black-Scholes assumptions:
 
Year Ended December 31,
 
2018
 
2017
 
2016
Employee stock options
 
 
 
 
 
Expected term (in years)
 
6.25
 
6.25
Volatility
—%
 
32.2%
 
40.7%
Risk-free interest rate
—%
 
2.1%
 
1.6%
Dividend yield
—%
 
—%
 
—%
 
 
 
 
 
 
Warrants
 
 
 
 
 
Expected term (in years)
 
9.5
 
Volatility
—%
 
32.0%
 
—%
Risk-free interest rate
—%
 
2.1%
 
—%
Dividend yield
—%
 
—%
 
—%
 
 
 
 
 
 
Employee stock purchase plan
 
 
 
 
 
Expected term (in years)
0.5
 
0.5
 
0.5
Volatility
47.8% - 60.1%
 
27.7% - 31.3%
 
30.1% - 39.0%
Risk-free interest rate
2.1% - 2.5%
 
1.0% - 1.4%
 
0.4% - 0.6%
Dividend yield
—%
 
—%
 
—%
 
 
 
 
 
 
RSUs with market conditions
 
 
 
 
 
Expected term (in years)
3.0
 
 
Volatility
39.3%
 
—%
 
—%
Risk-free interest rate
2.6%
 
—%
 
—%
Dividend yield
—%
 
—%
 
—%