Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.5.0.2
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Summary of Stock Options Activity

The activity for stock options under the Company’s stock plans is as follows:  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Remaining

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

weighted-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

average

 

 

Per share

 

 

 

 

 

 

 

 

 

 

 

average

 

 

contractual

 

 

average

 

 

 

 

 

 

 

Price per

 

 

exercise

 

 

terms

 

 

intrinsic

 

 

 

Options

 

 

share

 

 

price

 

 

(in years)

 

 

value

 

Outstanding as of December 31, 2015

 

 

2,295,370

 

 

$0.60-$46.66

 

 

$

19.36

 

 

 

5.98

 

 

$

21.07

 

Granted

 

 

657,998

 

 

 

44.19

 

 

 

44.19

 

 

 

 

 

 

 

 

 

Exercised

 

 

(268,828

)

 

0.60-38.54

 

 

 

7.41

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(43,429

)

 

8.37-38.54

 

 

 

27.57

 

 

 

 

 

 

 

 

 

Expired

 

 

(515

)

 

 

8.70

 

 

 

8.70

 

 

 

 

 

 

 

 

 

Outstanding as of June 30, 2016

 

 

2,640,596

 

 

0.60-46.66

 

 

 

26.63

 

 

 

5.85

 

 

 

23.48

 

Vested and exercisable as of June 30, 2016

 

 

1,042,447

 

 

0.60-46.66

 

 

 

14.12

 

 

 

5.31

 

 

 

35.99

 

Vested and expected to vest as of June 30, 2016

 

 

2,519,129

 

 

$0.60-$46.66

 

 

$

26.41

 

 

 

5.83

 

 

$

23.70

 

 

Summary of Stock-based Compensation Expense

Stock-based compensation expense recognized for the three months and six months ended June 30, 2016 and June 30, 2015 was as follows:

 

 

Three months ended

 

 

Six months ended

 

 

June 30,

 

 

June 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Stock-based compensation expense by type of award:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock option plan awards

$

2,001

 

 

$

704

 

 

$

3,205

 

 

$

1,137

 

Employee stock purchase plan

 

155

 

 

 

105

 

 

 

246

 

 

 

190

 

Total stock-based compensation

$

2,156

 

 

$

809

 

 

$

3,451

 

 

$

1,327

 

For the three months and six months ended June 30, 2016 and June 30, 2015, stock-based compensation expense recognized under ASC 718, included in cost of revenues, sales and marketing expense, general and administrative expense, and research and development expense was as follows:

 

 

Three months ended

 

 

Six months ended

 

 

June 30,

 

 

June 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Cost of revenue

$

160

 

 

$

108

 

 

$

279

 

 

$

166

 

Sales and marketing

 

314

 

 

 

224

 

 

 

541

 

 

 

380

 

General and administrative

 

1,475

 

 

 

372

 

 

 

2,293

 

 

 

609

 

Research and development

 

207

 

 

 

105

 

 

 

338

 

 

 

172

 

Total stock-based compensation

$

2,156

 

 

$

809

 

 

$

3,451

 

 

$

1,327