v3.5.0.2
CONDENSED CONSOLIDATED STATEMENT OF CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY - 9 months ended Sep. 30, 2016 - USD ($)
shares in Thousands, $ in Thousands
Convertible Preferred Stock
Common Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Total
Balance at beginning of period (in shares) at Dec. 31, 2015 66,330 10,884 [1]      
Increase (Decrease) in Shares          
Exercise of common stock options (in shares) [1]   626      
Issuance of stock (in shares) 11,501 4,667 [1]      
Net exercise of warrant (in shares) 789 449 [1]      
Repurchase of convertible preferred stock (in shares) (12,384)        
Repurchase and retirement of common stock (in shares) [1]   (189)      
Conversion of convertible preferred stock to Class B common stock in connection with initial public offering (in shares) (66,236) 22,079 [1]      
Balance at end of period (in shares) at Sep. 30, 2016 [1]   38,516      
Balance at beginning of period at Dec. 31, 2015 $ 24,204       $ 24,204
Increase (Decrease) in Convertible Preferred Stock          
Issuance of series C convertible preferred stock, net of issuance costs 59,871        
Reclassification of preferred stock warrant liability upon net exercise of warrant 3,789        
Repurchase of convertible preferred stock (4,623)        
Conversion of convertible preferred stock to Class B common stock in connection with initial public offering $ (83,241)        
Balance at beginning of period at Dec. 31, 2015     $ 1,039 $ 13,103 14,142
Increase (Decrease) in Stockholders' Equity (Deficit)          
Exercise of common stock options     433   433
Stock-based compensation     1,057   1,057
Repurchase of convertible preferred stock     (1,168) (46,041) (47,209)
Repurchase and retirement of common stock       (2,362) (2,362)
Issuance of Class A common stock upon initial public offering, net of underwriters' commissions and offering costs of $10,366     73,634   73,634
Conversion of convertible preferred stock to Class B common stock in connection with initial public offering     83,241   83,241
Conversion of warrant for convertible preferred stock to a warrant for Class B common stock in connection with initial public offering     12,596   12,596
Net income       10,202 10,202
Balance at end of period at Sep. 30, 2016     $ 170,832 $ (25,098) $ 145,734
[1] See Note7-Capitalization for discussion of the establishment of the Company's two classes of common stock and the reclassification of its common stock into Class B common stock prior to the Company's initial public offering in September 2016.