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Stock compensation (Tables)
3 Months Ended
Mar. 31, 2018
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,

 

 

 

2018

       

2017

      

 

2018

      

2017

      

 

 

Average risk-free interest rates

2.42

%  

1.82

%  

 

2.26

%  

1.27

%  

 

 

Average expected life (in years)

5.53

 

5.36

 

 

0.25

 

0.25

 

 

 

Volatility

45

%  

49

%  

 

36

%  

40

%  

 

 

Weighted-average fair value (in dollars)

41.59

 

51.93

 

 

18.17

 

17.82

 

 

 

 

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, 2017

 

3,909,701

 

11,206,553

 

$

68.36

 

Options granted

 

(1,308,438)

 

1,308,438

 

$

94.59

 

Options exercised

 

 —

 

(486,605)

 

$

22.17

 

Options cancelled

 

139,853

 

(139,853)

 

$

102.47

 

Balance at March 31, 2018

 

2,741,116

 

11,888,533

 

$

72.74

 

 

Schedule of RSU award activity under the 2010 Stock Plan

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares Subject to

 

 

 

Shares Available

 

Outstanding Awards

 

 

    

for Grant

    

Shares

    

Grant Date Value

 

Balance at December 31, 2017

    

769,202

    

1,178,660

 

$

98.88

 

RSUs granted

 

(92,290)

 

92,290

 

$

93.62

 

RSUs cancelled

 

27,982

 

(27,982)

 

$

104.64

 

RSUs released

 

 —

 

(160,123)

 

$

78.41

 

Balance at March 31, 2018

 

704,894

 

1,082,845

 

$

101.31

 

 

Schedule of summary of share activity

 

 

 

 

 

 

Shares Issued

 

 

    

and Outstanding

 

Balance at December 31, 2017

 

211,262,906

 

Exercise of stock options and issuance under ESPP

 

487,637

 

Settlement of employee restricted stock units

 

137,104

 

Conversion of convertible senior notes

 

539

 

Balance at March 31, 2018

 

211,888,186