XML 115 R68.htm IDEA: XBRL DOCUMENT v3.20.4
Stock-Based Compensation - Additional Information (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended 13 Months Ended
Sep. 25, 2020
shares
Sep. 11, 2020
USD ($)
$ / shares
shares
Jun. 30, 2020
USD ($)
$ / shares
shares
Dec. 31, 2020
USD ($)
shares
Dec. 31, 2020
USD ($)
Employee
$ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
Dec. 31, 2018
USD ($)
$ / shares
shares
Oct. 31, 2020
shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Weighted-average grant date fair value of stock options granted | $ / shares         $ 4.23 $ 1.27 $ 1.17  
Aggregate intrinsic value of options exercised | $         $ 112,700 $ 11,100 $ 11,200  
Fair value of stock options vested | $         $ 10,200 $ 2,500 $ 1,600  
Share based compensation, volatility rate           50.00% 60.00%  
Cash bonuses paid to vested option holders | $             $ 38,800  
Common Stock                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Shares for tax withholding obligations         1,800,000      
Stock Options                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Stock options exercised, Shares         3,769,000      
Award vesting percentage         25.00%      
Term of stock option         10 years      
Stock-based compensation expense | $         $ 13,000 $ 2,500 $ 1,800  
Unrecognized stock-based compensation cost | $       $ 36,800 $ 36,800      
Weighted-average period over which cost is expected to be recognized         3 years      
Grant to purchase shares of common stock     400,000          
Fair value of stock option | $     $ 2,400          
Weighted average remaining contractual term, Exercisable         7 years 1 month 6 days      
Stock Options | First Anniversary of the Vesting Commencement Date, and Thereafter Ratably Monthly Over the Remaining Period                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Vesting period         3 years      
Performance and Marked Based Stock Options                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Stock-based compensation expense | $         $ 600      
Stock options granted to purchase of common stock     600,000          
Exercise price of common stock | $ / shares     $ 6.84          
Estimated grant date fair value | $     $ 1,400          
Performance and Marked Based Stock Options | Satisfied Monthly Over 4-year                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Vesting period     4 years          
Stock options granted to purchase of common stock     400,000          
Performance and Marked Based Stock Options | Satisfied on January 1, 2022                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Stock options granted to purchase of common stock     200,000          
Stock options vesting date     Jan. 01, 2022          
Restricted Stock                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Fair value of RSAs and RSUs vested | $         $ 335,400      
Weighted-average fair value of restricted shares granted | $ / shares         $ 23.56      
Restricted Stock Units ("RSUs")                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Restricted shares granted           0 0  
Restricted shares outstanding           0 0  
Restricted Stock Awards                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Stock-based compensation expense | $         $ 1,800 $ 1,300    
Unrecognized stock-based compensation cost | $       $ 4,200 $ 4,200      
Weighted-average period over which cost is expected to be recognized         2 years 3 months 18 days      
Restricted shares granted         0   0  
Restricted shares outstanding       1,409,000 1,409,000 1,879,000    
Weighted-average fair value of restricted shares granted | $ / shares           $ 3.88    
Shares vested         470,000      
Maximum                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Share based compensation, deferred period         6 years 3 months 18 days 6 years 3 months 18 days 6 years 1 month 6 days  
Minimum                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Share based compensation, deferred period         5 years 3 months 18 days 5 years 7 months 6 days 5 years 8 months 12 days  
Common Class A | Restricted Stock Units ("RSUs")                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Vesting period         4 years      
Stock-based compensation expense | $         $ 9,500      
Weighted-average period over which cost is expected to be recognized         3 years 8 months 12 days      
Unrecognized stock-based compensation cost | $       $ 109,000 $ 109,000      
Common Class B | Restricted Stock Units ("RSUs")                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Stock-based compensation expense | $         373,000      
Grant date fair value | $   $ 533,300            
Unrecognized compensation cost | $       160,300 160,300      
Excess tax benefit associated with equity awards | $         21,700 $ 900 $ 1,300  
Common Class B | Restricted Stock Units ("RSUs") | Co-Chief Executive Officers                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Restricted shares granted   24,633,066            
Common Class B | Restricted Stock Units ("RSUs") Performance-Vesting Founders Awards                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Stock-based compensation expense | $       $ 232,100 $ 319,800      
Shares vested       16,422,044        
Shares for tax withholding obligations       700,000        
Remaining shares not issued until three years from vesting date               15,700,000
Share based compensation, volatility rate   55.00%            
Share based compensation, cost of equity   11.00%            
Share based compensation, DLOM of issuance of shares   20.00%            
Share based compensation, deferred period   3 years            
Common Class B | Restricted Stock Units ("RSUs") Performance-Vesting Founders Awards | Common Stock                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Shares for tax withholding obligations         700,000      
Common Class B | Restricted Stock Units ("RSUs") Performance-Vesting Founders Awards | Co-Chief Executive Officers                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Shares vested   8,211,022            
Common Class B | Restricted Stock Units ("RSUs") Time-Vesting Founders Awards                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Stock-based compensation expense | $         $ 53,200      
Weighted average remaining contractual term, Exercisable         2 years 1 month 6 days      
Common Class B | Restricted Stock Units ("RSUs") Time-Vesting Founders Awards | Co-Chief Executive Officers                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Vesting period   4 years            
Shares vested   4,105,511            
Common Class B | Maximum | Restricted Stock Units ("RSUs") Performance-Vesting Founders Awards | Co-Chief Executive Officers                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Stock price | $ / shares   $ 51.28            
Common Class B | Minimum | Restricted Stock Units ("RSUs") Performance-Vesting Founders Awards | Co-Chief Executive Officers                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Stock price | $ / shares   $ 6.07            
2020 Equity Incentive Plan                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Common stock, shares available for issuance       34,400,000 34,400,000      
2020 Equity Incentive Plan | Common Class A And Common Class B                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Common stock, shares available for issuance       60,700,000 60,700,000      
Description of shares available for issue         The number of shares available for issuance under the 2020 Plan will be increased by an annual increase on the first day of each calendar year beginning January 1, 2021 and ending on and including January 1, 2030, equal to the lesser of (A) 5% of the aggregate number of shares of Class A and Class B common stock outstanding on the final day of the immediately preceding calendar year and (B) such smaller number of shares as is determined by the Company’s board of directors.      
Percentage of shares issued on common stock outstanding         5.00%      
2020 Equity Incentive Plan | Common Class A And Common Class B | Maximum                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Stock options exercised, Shares         300,000,000      
2020 Employee Stock Purchase Plan | Common Class A                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Common stock, shares available for issuance 9,000,000     9,000,000 9,000,000      
Description of shares available for issue         In addition, the number of shares available for issuance under the ESPP will be annually increased on January 1 of each calendar year beginning in 2021 and ending in 2030, by an amount equal to the lesser of: (i) 1% of the aggregate number of shares of Class A and Class B common stock outstanding on the final day of the immediately preceding calendar year and (ii) such smaller number of shares as is determined by the Company’s board of directors.      
Percentage of shares issued on common stock outstanding 1.00%              
Purchase price of shares as a percentage of fair market value         85.00%      
Employee stock purchase offerings         0      
Number of eligible employees enrolled | Employee         0      
2020 Employee Stock Purchase Plan | Common Class A | Maximum                
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                
Common stock, shares available for issuance 100,000,000