Employee Benefit Plan

6 Months Ended

Jun. 30, 2019

Postemployment Benefits [Abstract]

Employee Benefit Plan

Employee Benefit Plan

The Company offers eligible employees the opportunity to contribute a percentage of their earned income into company-sponsored 401(k) plans.

Since January 2018, participants in the 401(k) plans have been eligible for the Company's matching program. Under this matching program, the Company matches an employee’s contributions to the 401(k) savings plan dollar-for-dollar up to 1% of such employee’s eligible earnings and $0.50 for every $1.00 for the next 5% of such employee’s eligible earnings. The maximum match available under the 401(k) plan is 3.5% of the employee’s eligible earnings. For employees who have been employed by the Company for less than two years, matching contributions vest on the second anniversary of their date of hire. The Company's matching contributions to employees who have been employed by the Company for two years or more are fully vested.

Matching contributions that were made to the plans totaled $1.5 million and $1.4 million during the three months ended June 30, 2019 and 2018, respectively and $3.4 million and $3.0 million during the six months ended June 30, 2019 and 2018, respectively.