Stockholders' Equity and Redeemable Noncontrolling Interests

9 Months Ended

Sep. 30, 2015

Stockholders' Equity and Redeemable Non-controlling Interests

Stockholders' Equity and Redeemable Non-controlling Interests

6. Stockholders’ Equity and Redeemable Non-controlling Interests

The following table summarizes the activity in stockholders’ equity and redeemable non-controlling interests for the period indicated below (in thousands):

	Total Stockholders’ Equity			Redeemable Non-controlling Interests
Balance as of December 31, 2014	$	113,176		$	800
Issuance of common stock upon exercise and early exercise of stock options	4,765			—
Issuance of common stock under employee stock purchase plan	5,629			—
Investment by redeemable non-controlling interests	233			1,445
Adjustment to redemption value	(2,542		)	2,542
Withholding taxes for the net share settlement of equity awards	(405		)	—
Vesting of early exercised options	111			—
Stock-based compensation expense	30,532			—
Net loss	(51,804		)	(1,236		)
Foreign currency translation adjustments	(40		)	(10		)
Balance as of September 30, 2015	$	99,655		$	3,541

For the nine months ended September 30, 2015, the Company incurred $29.7 million of stock-based compensation expense and capitalized stock-based compensation expense of $0.9 million associated with the Company’s internal-use software projects.