XML 61 R38.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Shareholders' Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Equity [Abstract] |
Summary of the Stock Option and RSU Award Activities | The following table summarizes the stock option and RSU award activities under the Company's share-based compensation plans for the years ended December 31, 2015, 2014, and 2013:
| Shares Subject to Options Outstanding |  | Outstanding RSUs
| Number of Options (1) |  | Weighted Average Exercise Price $ |  | Remaining Contractual Term (in years) |  | Aggregate Intrinsic Value (2) $ |  | Weighted Average Grant Date Fair Value $ |  | Outstanding RSUs |  | Weighted Average Grant Date Fair Value $
Balance as at December 31, 2013 | 12,737,893 |  |  | 0.38 |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Stock options granted | 2,985,495 |  |  | 5.28 |  | — |  |  | — |  |  | 5.63 |  |  | — |  |  | — |
Stock options exercised | (305,649 | ) |  | 0.46 |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Stock options forfeited | (386,351 | ) |  | 1.40 |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Balance as at December 31, 2014 | 15,031,388 |  |  | 1.31 |  |  | 7.16 |  |  | 73,642 |  |  | — |  |  | — |  |  | — |
Stock options granted | 1,259,025 |  |  | 22.16 |  | — |  |  | — |  |  | 12.16 |  |  | — |  |  | — |
Stock options exercised | (4,665,059 | ) |  | 0.34 |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Stock options forfeited | (421,328 | ) |  | 12.04 |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
RSUs granted | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 503,701 |  |  | 32.01 |
RSUs settled | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
RSUs forfeited | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (75,135 | ) |  | 30.95 |
Balance as at December 31, 2015 | 11,204,026 |  |  | 3.65 |  |  | 6.99 |  |  | 248,119 |  |  | — |  |  | 428,566 |  |  | 32.19 |
Stock options exercisable as of December 31, 2015 | 6,902,359 |  |  | 0.82 |  | 6.03 |  |  | 172,415 |  |  |  |  |  |  |
(1) As at December 31, 2015 10,519,901 of the outstanding stock options were granted under the Company's Legacy Option Plan and are exercisable for Class B multiple voting shares, and 684,125 of the outstanding stock options were granted under the Company's Stock Option Plan and are exercisable for Class A subordinate voting shares. (2) The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying stock option awards and the assessed fair value of the common stock as of December 31, 2014 and the closing market price of our common stock as of December 31, 2015.
Schedule of Assumptions Used to Estimate the Fair Value of Stock Options | The assumptions used to estimate the fair value of stock options granted to employees are as follows:
| 2015 |  | 2014 |  | 2013
Expected volatility | 64.3 | % |  | 62.4 | % |  | 73.9 | %
Risk free interest rate | 1.62 | % |  | 1.82 | % |  | 1.67 | %
Dividend yield | Nil |  |  | Nil |  |  | Nil |
Average expected life | 5.26 |  |  | 5.73 |  |  | 6.06 |
Schedule of Classification of Stock-based Compensation | The following table illustrates the classification of stock-based compensation in the Consolidated Statements of Operations and Comprehensive Loss, which includes both stock-based compensation and restricted share-based compensation expense.
| Years ended
| December 31, 2015 |  | December 31, 2014 |  | December 31, 2013
| $ |  | $ |  | $
Cost of revenues | 282 |  |  | 259 |  | 113
Sales and marketing | 1,099 |  |  | 696 |  | 354
Research and development | 4,509 |  |  | 2,776 |  | 1,152
General and administrative | 2,268 |  |  | 712 |  | 147
| 8,158 |  |  | 4,443 |  | 1,766

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of share-based compensation plans that may be presented in a single table for outstanding, vested and expected to vest, and exercisable awards. The information that may be disclosed in this table may include, but is not limited to, number of shares, weighted average exercise price, weighted average remaining contractual life, and aggregate intrinsic value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration