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Common Stock, Preferred Stock and Equity Plans (Tables)
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Schedule of stock and stock equity plans
The following table contains information about the Company’s equity plans:
 
 
 
 
 
 
As of December 31, 2015
Title of Plan
 
Group Eligible
 
Type of Award
Granted
 
Awards
Outstanding
 
Additional Awards
Authorized for
Grant
2013 Stock and Option Plan
 
Employees, Non-employee Directors and Consultants
 
NSO,
RS and RSU
 
5,851,040

 
14,124,989

2006 Stock and Option Plan
 
Employees, Non-employee Directors and Consultants
 
NSO,
RS and RSU
 
8,274,211

 
—

1996 Stock and Option Plan
 
Employees, Non-employee Directors, Advisors and Consultants
 
NSO
 
43,664

 
—

 
 
 
 
Total
 
14,168,915

 
14,124,989

Outstanding and vested options
The following table summarizes information related to the outstanding and exercisable options during the year ended December 31, 2015:
 
Stock Options
 
Weighted-average
Exercise Price
 
Weighted-average
Remaining
Contractual Life
 
Aggregate Intrinsic
Value
 
(in thousands)
 
(per share)
 
(in years)
 
(in thousands)
Outstanding at December 31, 2014
12,003

 
$
56.81

 
 
 
 
Granted
3,531

 
$
119.09

 
 
 
 
Exercised
(3,289
)
 
$
50.34

 
 
 
 
Forfeited
(1,100
)
 
$
81.77

 
 
 
 
Outstanding at December 31, 2015
11,145

 
$
75.99

 
7.15
 
$
567,531

Exercisable at December 31, 2015
5,541

 
$
56.85

 
5.80
 
$
385,214

Exercisable and Expected to Vest at December 31, 2015
10,461

 
$
74.11

 
7.04
 
$
551,593

Stock options outstanding and exercisable
The following table summarizes information about stock options outstanding and exercisable at December 31, 2015:
 
 
Options Outstanding
 
Options Exercisable
Range of Exercise Prices
 
Number
Outstanding
 
Weighted-average
Remaining
Contractual Life
 
Weighted-average
Exercise Price
 
Number
Exercisable
 
Weighted-average
Exercise Price
 
 
(in thousands)
 
(in years)
 
(per share)
 
(in thousands)
 
(per share)
$18.93–$20.00
 
138

 
2.10
 
$
18.93

 
138

 
$
18.93

$20.01–$40.00
 
2,247

 
3.70
 
$
34.38

 
2,155

 
$
34.24

$40.01–$60.00
 
2,310

 
6.61
 
$
48.09

 
1,444

 
$
49.03

$60.01–$80.00
 
1,434

 
8.09
 
$
75.96

 
557

 
$
75.15

$80.01–$100.00
 
1,785

 
7.99
 
$
90.28

 
702

 
$
87.55

$100.01–$120.00
 
1,727

 
9.05
 
$
109.31

 
294

 
$
109.23

$120.01–$134.69
 
1,504

 
9.53
 
$
131.04

 
251

 
$
128.90

Total
 
11,145

 
7.15
 
$
75.99

 
5,541

 
$
56.85

Restricted stock and restricted stock units activity
The following table summarizes the restricted stock and restricted stock units activity of the Company during the year ended December 31, 2015:
 
Restricted Stock
 
Restricted Stock Units
 
Number of Units
 
Weighted-average
Grant-date
Fair Value
 
Number of Shares
 
Weighted-average
Grant-date
Fair Value
 
(in thousands)
 
(per share)
 
(in thousands)
 
(per share)
Unvested at December 31, 2014
2,907

 
$
78.18

 
185

 
$
76.79

Granted
1,407

 
$
116.63

 
97

 
$
118.26

Vested
(1,033
)
 
$
68.39

 
(66
)
 
$
70.24

Cancelled
(450
)
 
$
91.21

 
(23
)
 
$
89.97

Unvested at December 31, 2015
2,831

 
$
98.80

 
193

 
$
98.36

Shares issued under Employee Stock Purchase Plan
In 2015, the following shares were issued to employees under the ESPP:
 
Year Ended December 31, 2015
 
(in thousands,
except per share amount)
Number of shares
233

Average price paid per share
$
84.50