XML 36 R20.htm IDEA: XBRL DOCUMENT v3.7.0.1
Equity Award Plan Activities (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock-based Compensation Expense
Total stock-based compensation expense related to options, restricted stock awards, employee stock purchases, restricted stock units and stock purchase rights granted were allocated as follows (in thousands):
 
Three Months Ended
March 31,
 
2017
 
2016
Cost of revenue
$
1,024

 
$
793

Research and development
9,587

 
7,457

Sales and marketing
3,456

 
3,647

General and administrative
2,372

 
1,463

           Total stock-based compensation
$
16,439

 
$
13,360

Schedule of Option and RSA Activity
The following table summarizes the option and RSA (Restricted Stock Award) activity under our equity stock plans and related information:
 
 
Options and RSAs Outstanding 
 
 
 
 
 
 
Number of
Shares
Underlying
Outstanding Options and RSAs
 (in thousands)
 
Weighted-
Average
Exercise
Price per Share
 
Weighted-
Average
Remaining
Contractual
Term (Years) of
Stock Options
 
Aggregate
Intrinsic
Value
of Stock
Options
Outstanding
(in thousands)
Outstanding—December 31, 2016
 
9,509

 
$
28.79

 
6.9
 
$
646,394

Options granted
 
165

 
95.51

 
 
 
 
Options exercised
 
(882
)
 
15.32

 
 
 
 
Options canceled
 
(223
)
 
32.10

 
 
 
 
Outstanding—March 31, 2017
 
8,569

 
$
31.38

 
6.8
 
$
864,597

Vested and exercisable—March 31, 2017
 
3,144

 
$
16.75

 
6.0
 
$
363,194

Vested and expected to vest—March 31, 2017
 
8,569

 
$
31.38

 
6.8
 
$
864,597

Schedule of Nonvested Restricted Stock Units Activity
A summary of the RSU activity under our stock plans during the reporting period and a summary of information related to RSUs expected to vest are presented below (in thousands, except per share and year amounts):
 
Number of
Shares
 
Weighted-
Average Grant
Date Fair Value Per Share
 
Weighted-Average
Remaining
Contractual Term (in years)
 
Aggregate Intrinsic Value
Unvested balance—December 31, 2016
1,375

 
$
74.23

 
1.8
 
$
133,081

       RSUs granted
283

 
109.51

 
 
 
 
       RSUs vested
(119
)
 
72.85

 
 
 
 
       RSUs forfeited
(20
)
 
69.30

 
 
 
 
Unvested balance—March 31, 2017
1,519

 
$
80.97

 
1.8
 
$
200,947

Vested and expected to vest—March 31, 2017
1,519

 
$
80.97

 
1.8
 
$
200,947

Schedule of Shares Available For Grant
The following table presents the stock activity and the total number of shares available for grant as of March 31, 2017 (in thousands):
 
 
 
 
 
Number of Shares
Balance—December 31, 2016
 
11,754

Authorized
 
2,124

Options granted
 
(165
)
RSUs granted
 
(283
)
Options canceled
 
223

Options repurchased
 
2

RSUs forfeited
 
20

Shares traded for taxes
 
5

Balance—March 31, 2017
 
13,680