XML 31 R21.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of stock-based compensation expense by operating expense category

Stock-based compensation expense included in the condensed consolidated statements of operations was as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Platform operations

 

$

818

 

 

$

75

 

 

$

1,543

 

 

$

114

 

Sales and marketing

 

 

1,500

 

 

 

200

 

 

 

3,277

 

 

 

318

 

Technology and development

 

 

1,990

 

 

 

216

 

 

 

3,981

 

 

 

330

 

General and administrative

 

 

1,585

 

 

 

165

 

 

 

3,605

 

 

 

286

 

Total

 

$

5,893

 

 

$

656

 

 

$

12,406

 

 

$

1,048

 

 

Summary of stock option activity

Stock option activity for the nine months ended September 30, 2017 was as follows:

 

 

 

Shares

Under Option

(in thousands)

 

 

Weighted-

Average

Exercise Price

 

Outstanding as of December 31, 2016 (1)

 

 

5,429

 

 

$

4.94

 

Granted

 

 

966

 

 

 

40.55

 

Exercised

 

 

(1,758

)

 

 

1.01

 

Cancelled

 

 

(192

)

 

 

17.17

 

Outstanding as of September 30, 2017 (2)

 

 

4,445

 

 

$

13.71

 

Exercisable as of September 30, 2017

 

 

2,163

 

 

$

3.63

 

 

 

(1)

Includes options to purchase 389 and 5,040 shares of Class A and Class B common stock, respectively.

 

(2)

Includes options to purchase 1,296 and 3,149 shares of Class A and Class B common stock, respectively.

Schedule of Nonvested Restricted Stock Activity

Restricted Stock activity for the nine months ended September 30, 2017 was as follows:

 

 

 

Shares

(in thousands)

 

 

Weighted-

Average

Grant Date

Fair Value

 

Unvested as of December 31, 2016

 

 

193

 

 

$

29.65

 

Granted

 

 

123

 

 

 

35.25

 

Vested

 

 

(1

)

 

 

22.90

 

Forfeited

 

 

(28

)

 

 

29.92

 

Unvested as of September 30, 2017

 

 

287

 

 

$

32.07