XML 40 R30.htm IDEA: XBRL DOCUMENT v3.21.1

Stock-based Compensation (Tables)

3 Months Ended

Mar. 31, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Stock-based Awards

The following table summarizes the stock options activity under the 2010 Plan and 2019 Plan for the three months ended March 31, 2021:

			Stock Options Outstanding
			(in thousands, except year and per share data)
			Shares Subject to Options Outstanding						Weighted- Average Exercise Price per Option						Weighted- Average Remaining Contractual Terms (in years)						Aggregate Intrinsic Value
Balances as of December 31, 2020			18,186						$	3.92					7.0						$	1,310,650
Options granted			—						$	—
Options exercised			(1,282)						$	6.25											$	93,204
Options canceled/forfeited/expired			(71)						$	2.73
Balances as of March 31, 2021			16,833						$	3.75					6.7						$	1,119,535
Vested and expected to vest as of March 31, 2021			16,813						$	3.75					6.7						$	1,118,271
Exercisable as of March 31, 2021			15,555						$	2.58					6.5						$	1,052,717

Schedule of Assumptions Used to Determine the Fair Value of Stock Options Granted

The weighted-average assumptions used to determine the fair value of stock options granted during the three months ended March 31, 2020 were as follows:

									Three Months ended March 31,
									2020
Expected term (in years)									6.1
Expected volatility									40.0		%
Risk-free interest rate									1.5		%
Dividend yield									—

Schedule of Restricted Stock Units Activity

RSU and restricted stock activity for the three months ended March 31, 2021 was as follows:

			Restricted Stock and RSUs						Weighted-Average Grant Date Fair Value
			(in thousands, except per share data)
Unvested and outstanding as of December 31, 2020			8,629						$	21.38
Granted - RSUs			637						$	82.58
Granted - Restricted stock			—						$	—
Vested - RSUs			(649)						$	15.32
Vested - Restricted stock			—						$	—
Forfeited			(170)						$	25.78
Unvested as of March 31, 2021			8,447						$	26.52
Vested and not yet released
Outstanding as of March 31, 2021			8,447

Schedule of Fair Value Assumptions for Employee Stock Purchase Plan

The weighted-average assumptions used to determine the fair value of the ESPP during the periods presented were as follows:

			Three Months ended March 31,
			2021						2020
Expected term (in years)			0.5						0.6
Risk-free interest rate			0.1		%				1.8		%
Expected volatility			59.7		%				35.5		%
Dividend yield			—						—		%

Schedule of Stock-based Compensation Expense

The following table sets forth the total stock-based compensation expense included in the Company’s condensed consolidated statements of operations:

			Three Months Ended March 31,
			2021						2020
			(in thousands)
Cost of revenue			$	414					$	267
Sales and marketing			5,645						3,163
Research and development			8,364						6,090
General and administrative			3,615						3,377
Total stock-based compensation expense			$	18,038					$	12,897

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-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=115993241&loc=d3e301413-122809

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
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 employee stock purchase plans, including, but not limited to: (a) expected term, (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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock
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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in restricted stock units (RSUs).

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfUnvestedRestrictedStockUnitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration