v2.4.1.9
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following table summarizes the weighted-average assumptions relating to our employee stock options:
 
 
Three Months Ended
 
March 31,
2015
 
March 31,
2014
Expected term in years
4.3

 
4.9

Volatility
40
%
 
45
%
Risk-free interest rate
1.5
%
 
1.7
%
Dividend rate
%
 
%
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes the stock option activity and related information for the periods presented below (in thousands, except exercise prices and contractual life):
 
 
Options Outstanding
 
Number
of Shares
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Contractual
Life (Years)
 
Aggregate
Intrinsic
Value
Balance—December 31, 2014
10,702

 
$
14.98

 
 
 
 
Granted
269

 
32.79

 
 
 
 
Forfeited
(73
)
 
24.59

 
 
 
 
Exercised
(1,931
)
 
10.49

 
 
 
 
Balance—March 31, 2015
8,967

 
$
16.41

 
 
 
 
Options vested and expected to vest—March 31, 2015
8,924

 
$
16.35

 
2.8
 
$
165,975

Options exercisable—March 31, 2015
7,589

 
$
14.71

 
2.4
 
$
153,634


Schedule of Share-based Payment Award, Stock Options, Additional Information [Table Text Block]
Additional information related to our stock options is summarized below (in thousands, except per share amounts):

 
Three Months Ended
 
March 31, 2015
 
March 31, 2014
Weighted-average fair value per share granted
$
11.17

 
$
8.65

Intrinsic value of options exercised
41,003

 
15,321

Fair value of options vested
3,792

 
4,562

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]
The following table summarizes the activity and related information for RSUs for the periods presented below (in thousands, except per share amounts):

 
Restricted Stock Units Outstanding
 
Number of Shares
 
Weighted-Average Grant-Date-Fair Value per Share
Balance—December 31, 2014
6,291

 
$
22.93

Granted
2,492

 
32.96

Forfeited
(198
)
 
26.36

Vested
(670
)
 
22.01

Balance—March 31, 2015
7,915

 
$
26.18

RSUs expected to vest—March 31, 2015
7,450

 
$
26.02

Schedule of Share-based Compensation, Shares Withheld for Taxes [Table Text Block]
The following summarizes the number and value of the shares withheld for employee taxes (in thousands):

 
Three Months Ended
 
March 31,
2015
 
March 31,
2014
Shares withheld for taxes
221

 
171

Amount withheld for taxes
$
6,600

 
$
3,633

Schedule of Share-based Payment Award, Equity Instruments Other than Options, Valuation Assumptions [Table Text Block]
The following table summarizes the weighted-average assumptions relating to our PSUs granted to our executive officers:
 
 
Three Months Ended
 
March 31, 2015
 
March 31, 2014
Expected term in years
3.0

 
3.0

Volatility
38
%
 
48
%
Risk-free interest rate
1.1
%
 
0.7
%
Dividend rate
%
 
%
Share-based Compensation, Performance Shares Award Activity [Table Text Block]
The following table summarizes the activity and related information for PSUs for the periods presented below (in thousands, except per share amounts):

 
Three Months Ended
 
March 31,
2015
 
March 31,
2014
Shares granted to executive officers and employees
206

 
25

Weighted-average fair value per share granted

$
34.86

 
$
22.44

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]
In determining the fair value of our ESPP, we use the Black-Scholes option pricing model that employs the following weighted-average assumptions:

 
Three Months Ended
 
March 31,
2015
 
March 31,
2014
Expected term in years
0.5

 
0.5

Volatility
28
%
 
37
%
Risk-free interest rate
0.1
%
 
0.1
%
Dividend rate
%
 
%
Schedule of Share-based Payment Award Employee Stock Purchase Plan Additional Information [Table Text Block]
Additional information related to the ESPP is provided below (in thousands, except per share amounts):

 
Three Months Ended
 
March 31,
2015
 
March 31,
2014
Weighted-average fair value per share granted
$
7.56

 
$
5.76

Shares issued under the ESPP
427

 
424

Weighted-average price per share issued
$
21.34

 
$
17.18

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
Stock-based compensation expense is included in costs and expenses as follows (in thousands):
 
Three Months Ended
 
March 31,
2015
 
March 31,
2014
Cost of product revenue
$
140

 
$
113

Cost of service revenue
1,632

 
1,329

Research and development
5,157

 
3,882

Sales and marketing
9,307

 
5,746

General and administrative
2,686

 
1,860

Total stock-based compensation expense
$
18,922

 
$
12,930

Schedule of Employee Service Share based Compensation Allocation of Recognized Period Costs by Award Type [Table Text Block]
The following table summarizes stock-based compensation expense by award type (in thousands):

 
Three Months Ended
 
March 31,
2015
 
March 31,
2014
Stock options
$
3,455

 
$
4,692

RSUs (including PSUs)
14,292

 
7,363

ESPP
1,175

 
875

Total stock-based compensation expense
$
18,922

 
$
12,930

Income Tax Benefit from Stock Option Plans [Table Text Block]
Total income tax benefit associated with stock-based compensation that is recognized in the condensed consolidated statements of operations is as follows (in thousands):

 
Three Months Ended
 
March 31,
2015
 
March 31,
2014
Income tax benefit associated with stock-based compensation
$
3,377

 
$
3,349