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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of stock option activity

Outstanding Options

 

    

    

    

    

Weighted-

    

 

Weighted-

Average

 

Shares

Average

Remaining

Aggregate

 

Available for

Number of

Exercise

Contractual

Intrinsic

 

(in thousands, except for contractual life and exercise price)

Grant

Shares

Price

Life

Value

 

(In years)

 

Balance at December 31, 2018

 

5,431

 

9,463

$

7.69

 

6.91

$

61,718

Additional shares authorized

 

2,483

$

Options granted

 

(1,838)

 

1,838

$

18.01

Options exercised

 

 

(2,464)

$

5.29

Options forfeited

 

340

 

(340)

$

13.13

Balance at December 31, 2019

 

6,416

 

8,497

$

10.39

 

6.88

$

197,955

Exercisable at December 31, 2019

 

4,835

$

7.27

 

5.56

$

127,753

Vested and expected to vest at December 31, 2019

 

8,288

$

10.29

 

6.83

$

193,940

Summary of offering activity

Number of

Total

Shares Purchased

Proceeds

Offering Period

(in thousands)

November 1, 2017 - April 30, 2018

206,447

$

1,855

May 1, 2018 - October 31, 2018

184,825

$

1,763

November 1, 2018 - April 30, 2019

132,177

$

2,147

May 1, 2019 - October 31, 2019

136,084

$

2,176

Restricted stock units

Weighted-

Average

Number of

Grant Date

Shares

Fair Value

Balance at December 31, 2018

1,084

$

11.72

Granted

2,019

$

20.97

Vested

(541)

$

12.56

Canceled/Forfeited

(158)

$

16.68

Balance at December 31, 2019

 

2,404

$

19.86

Summary of stock-based compensation expenses

Year ended December 31, 

 

2019

2018

2017

 

    

Employee

    

Non-Employee

    

Total

    

Employee

    

Non-Employee

    

Total

    

Employee

    

Non-Employee

    

Total

 

 

(in thousands)

Cost of revenues

$

905

$

32

`

937

$

564

$

5

$

569

$

544

$

$

544

Research and development

 

5,354

 

 

5,354

 

4,043

 

 

4,043

3,214

 

3,214

Selling, general and administrative

 

21,730

 

603

 

22,333

 

9,474

 

112

 

9,586

7,644

 

7,644

Total

$

27,989

$

635

$

28,624

$

14,081

$

117

$

14,198

$

11,402

$

$

11,402

Performance-based awards  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of assumptions used in valuation of fair value of employee stock options

December 31, 

2019

Risk-free interest rate

1.63% – 2.61%

Expected dividend yield

Expected volatility

50.00%

Expected term (years)

7.25

Employee stock options  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of assumptions used in valuation of fair value of employee stock options

Year ended December 31, 

   

2019

    

    

2018

    

    

2017

Expected term (years)

 

5.23

10.00

5.24

5.62

5.14

5.24

Expected volatility

 

42.53

%  

45.84

%

 

40.28

%  

42.53

%

40.75

%

62.93

%

Expected dividend rate

 

0

%

 

0

%

0

%

Risk-free interest rate

 

1.60

%  

2.60

%

 

2.37

%  

3.06

%

1.67

%

2.16

%

Non-employee stock options  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of assumptions used in valuation of fair value of employee stock options

Year ended December 31, 

    

2018

    

    

2017

    

Expected term (years)

 

2.72

2.76

2.67

2.71

Expected volatility

 

41.36

%  

43.84

%

41.22

%  

52.18

%

Expected dividend rate

 

0

%

0

%

Risk-free interest rate

 

2.36

%  

2.86

%

1.42

%  

1.95

%