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COMMON STOCK AND STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2016
Stockholders' Equity Note [Abstract]  
Schedule of Redeemable Convertible Preferred Stock into Common Stock
As a result of this amendment, the redeemable convertible preferred stock became convertible into shares of common stock upon a qualifying event, including completion of an initial public offering, as follows:
Preferred Stock
 
Number of
Shares,
Actual
 
Conversion
Rate
 
Number of
Shares, As
Converted
Series A
 
1,319,940

 
1.0088

 
1,331,507

Series B
 
988,411

 
1.0148

 
1,003,071

Series C
 
4,019,524

 
1.0192

 
4,096,561

Series D
 
5,308,875

 
1.0218

 
5,424,802

Series E
 
2,439,058

 
1.0000

 
2,439,058

Series F
 
2,685,997

 
1.0000

 
2,685,997

Series G
 
3,692,684

 
1.0000

 
3,692,684

Total
 
20,454,489

 
 
 
20,673,680

Schedule of Restricted Stock Units And Restricted Stock Awards Activity
A summary of the activity for the Company’s RSUs and RSAs is presented below (in thousands, except share numbers, per share amounts, and contractual life years):
 
Number of
Shares
 
Weighted-
Average
Grant Date
Fair Value
(per share)
 
Weighted-
Average
Remaining
Contractual
Life (Years)
 
Aggregate
Intrinsic
Value
Unvested balance – December 31, 2015

 
$

 
 
 
$

Granted
937,863

 
13.74

 
 
 
 
Vested
(207,860
)
 
12.92

 
 
 
 
Forfeited
(11,850
)
 
13.84

 
 
 
 
Unvested balance – September 30, 2016
718,153

 
$
13.97

 
3.8
 
$
14,119

Expected to vest – September 30, 2016
679,139

 
$
13.97

 
3.8
 
$
13,352

Schedule of Stock Option Activity
The following table summarizes the Company’s stock option activity for the nine months ended September 30, 2016 (in thousands, except share numbers, per share amounts, and contractual life years):
 
Options Outstanding
Number of
Shares
Underlying
Outstanding
Options
 
Weighted-
Average
Exercise Price
 
Weighted-
Average
Remaining
Contractual
Life (Years)
 
Aggregate
Intrinsic Value
Outstanding – December 31, 2015
4,311,463

 
$
9.87

 
7.9

 
$
22,709

Granted
612,144

 
13.89

 
9.4

 
 
Exercised
(679,175
)
 
7.45

 

 
 
Forfeited or cancelled
(187,185
)
 
12.68

 

 
 
Outstanding – September 30, 2016
4,057,247

 
$
10.75

 
7.9

 
$
36,161

Exercisable – September 30, 2016
2,089,327

 
$
7.93

 
6.6

 
$
24,514

Vested and expected to vest – September 30, 2016
3,988,909

 
$
10.70

 
7.6

 
$
35,755

Summary of Black-Scholes Option-Pricing Model to Determine Fair value of Stock Options
The following table summarizes the assumptions used in the Black-Scholes option-pricing model to determine the fair value of the Company’s stock options:
 
Nine Months Ended September 30,
2016
 
2015
Expected term (in years)
5.8
 
5.8
Expected volatility
44% - 45%
 
45% - 46%
Risk-free interest rate
1.2% - 1.5%
 
1.4% - 1.8%
Dividend yield
0%
 
0%
Summary of Stock-Based Compensation Expenses
Total stock-based compensation expense was allocated as follows (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
2016
 
2015
 
2016
 
2015
Cost of revenue
$
231

 
$
219

 
$
666

 
$
451

Sales and marketing
613

 
1,043

 
1,636

 
2,487

Research and development
490

 
288

 
1,456

 
546

General and administrative
975

 
735

 
2,848

 
1,766

Total stock-based compensation expense
$
2,309

 
$
2,285

 
$
6,606

 
$
5,250