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Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2017
Stock-based Compensation  
Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Remaining

    

Aggregate

 

 

 

 

 

Exercise

 

Contractual Term

 

Intrinsic Value

 

 

 

Shares

 

Price

 

(in years)

 

(in thousands)(1)

 

Balance at December 31, 2016

 

3,308,158

 

$

20.40

 

3.50

 

$

46,086

 

Granted

 

 —

 

$

 

 

$

 

Exercised

 

(97,500)

 

$

22.71

 

 

$

1,618

 

Forfeited/canceled

 

 —

 

$

 

 

$

 

Balance at September 30, 2017

 

3,210,658

 

$

20.33

 

2.74

 

$

71,569

 

Vested and exercisable as of September 30, 2017

 

3,210,658

 

$

20.33

 

2.74

 

$

71,569

 


(1)

The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the closing stock price of our Class A common stock as of the respective date.

Summary of additional information regarding exercisable and vested stock options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock Options Exercisable

 

 

 

and Vested

 

 

    

 

    

Weighted-

 

 

 

 

 

Average

 

 

 

Number of

 

Remaining Life

 

Range of exercise prices

 

Shares

 

(in years)

 

$20.00

 

3,090,658

 

2.71

 

$28.80

 

120,000

 

3.57

 

$20.00 - $28.80

 

3,210,658

 

2.74

 

 

Summary of activities for unvested RSUs

 

 

 

 

 

 

 

 

 

 

Unvested Restricted Stock Units

 

 

 

 

 

Weighted-Average

 

 

 

 

 

Grant-Date

 

 

    

Number of Shares

     

Fair Value

 

Unvested at December 31, 2016

 

1,129,045

 

$

37.47

 

Granted

 

505,545

 

$

45.05

 

Vested

 

(311,259)

 

$

37.43

 

Forfeited/canceled

 

(103,364)

 

$

48.27

 

Unvested at September 30, 2017

 

1,219,967

 

$

39.71