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Stock compensation (Tables)
3 Months Ended
Mar. 31, 2017
Stock Compensation  
Schedule of valuation assumptions used for valuation of fair value of stock compensation granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Employee Stock Options For the Three Months Ended

 

Employee Stock Purchase Plan For the Three Months Ended

 

 

 

March 31,

 

March 31,

 

 

 

2017

       

2016

      

 

2017

      

2016

      

 

 

Average risk-free interest rates

1.82

%  

1.50

%  

 

1.27

%  

0.73

%  

 

 

Average expected life (in years)

5.36

 

5.00

 

 

0.25

 

0.25

 

 

 

Volatility

49

%  

49

%  

 

40

%  

61

%  

 

 

Weighted-average fair value (in dollars)

51.93

 

41.56

 

 

17.82

 

26.67

 

 

 

 

Schedule of option activity under the 2010 Stock Plan

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares Subject to

 

 

 

 

 

Outstanding Options

 

 

 

Shares Available

 

 

 

Weighted Average

 

 

    

for Grant

    

Shares

    

Exercise Price

 

Balance at December 31, 2016

 

6,327,138

 

11,504,572

 

$

48.40

 

Options granted

 

(1,471,156)

 

1,471,156

 

$

114.41

 

Options exercised

 

 —

 

(1,688,337)

 

$

26.42

 

Options cancelled

 

48,932

 

(48,932)

 

$

93.65

 

Balance at March 31, 2017

 

4,904,914

 

11,238,459

 

$

60.15

 

 

Schedule of RSU and PSU award activity under the 2010 Stock Plan

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares Subject to

 

 

 

Shares Available

 

Outstanding Awards

 

 

    

for Grant

    

Shares

    

Grant Date Value

 

Balance at December 31, 2016

    

1,146,152

    

1,246,570

 

 

 —

 

RSUs granted

 

(68,782)

 

68,782

 

$

117.54

 

RSUs cancelled

 

15,341

 

(15,341)

 

$

83.64

 

RSUs released

 

 —

 

(163,354)

 

$

118.45

 

PSUs released

 

 —

 

(43,376)

 

$

122.29

 

Balance at March 31, 2017

 

1,092,711

 

1,093,281

 

 

 —