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Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2018
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, 2017

 

2,858,158

 

$

20.37

 

2.49

 

$

79,230

Granted

 

 

$

 —

 

 —

 

$

 —

Exercised

 

(206,363)

 

$

20.00

 

 —

 

$

4,903

Forfeited/canceled

 

 

$

 

 

$

 —

Balance at June 30, 2018

 

2,651,795

 

$

20.40

 

1.99

 

$

57,204

Vested and exercisable as of June 30, 2018

 

2,651,795

 

$

20.40

 

1.99

 

$

57,204


(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

 

2,531,795

 

1.95

$28.80

 

120,000

 

2.82

$20.00 - $28.80

 

2,651,795

 

1.99

 

Summary of activities for unvested RSUs

 

 

 

 

 

 

 

 

 

Unvested Restricted Stock Units

 

 

 

 

Weighted-Average

 

 

 

 

Grant-Date

 

    

Number of Shares

     

Fair Value

Unvested at December 31, 2017

 

1,163,700

 

$

40.24

Granted

 

379,480

 

$

47.26

Vested

 

(401,959)

 

$

42.48

Forfeited/canceled

 

(35,089)

 

$

47.83

Unvested at June 30, 2018

 

1,106,132

 

$

41.60

Expected to vest after June 30, 2018

 

1,142,464

 

$

41.64