v3.6.0.2
CONSOLIDATED STATEMENT OF CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Convertible Preferred Stock
Common Stock
Common Stock
IPO
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Balance at beginning of period (in shares) at Dec. 31, 2013   57,959 10,848 [1]      
Increase (Decrease) in Shares            
Issuance of stock (in shares)   8,371 2 [1]      
Repurchase and retirement of common stock (in shares) [1]     (686)      
Exercise of common stock options (in shares) [1]     2      
Balance at end of period (in shares) at Dec. 31, 2014   66,330 10,166 [1]      
Balance at beginning of period at Dec. 31, 2013   $ 7,647        
Increase (Decrease) in Convertible Preferred Stock            
Issuance of Series B convertible preferred stock   20,350        
Balance at end of period at Dec. 31, 2014   $ 27,997        
Balance at beginning of period at Dec. 31, 2013 $ (5,687)       $ 396 $ (6,083)
Increase (Decrease) in Stockholders' Equity (Deficit)            
Repurchase and retirement of common stock (561)       (20) (541)
Exercise of common stock options 1       1  
Stock-based compensation 111       111  
Net income 5         5
Balance at end of period at Dec. 31, 2014 (6,131)       488 (6,619)
Increase (Decrease) in Shares            
Issuance of stock (in shares) [1]     7      
Exercise of common stock options (in shares) [1]     711      
Balance at end of period (in shares) at Dec. 31, 2015   66,330 10,884 [1]      
Increase (Decrease) in Convertible Preferred Stock            
Modification to Series B participation rights   $ (3,793)        
Balance at end of period at Dec. 31, 2015 24,204 $ 24,204        
Increase (Decrease) in Stockholders' Equity (Deficit)            
Modification to Series B participation rights 3,793         3,793
Exercise of common stock options 166       166  
Stock-based compensation 385       385  
Net income 15,929         15,929
Balance at end of period at Dec. 31, 2015 14,142       1,039 13,103
Increase (Decrease) in Shares            
Issuance of stock (in shares) [1]       4,667    
Repurchase and retirement of common stock (in shares) [1]     (189)      
Exercise of common stock options (in shares) [1]     785      
Conversion of convertible preferred stock to Class B common stock in connection with IPO (in shares)   (66,236) 22,079 [1]      
Net exercise of warrant to purchase Class B common stock (in shares) [1]     449      
Issuance of common stock under employee stock purchase plan (in shares) [1]     276      
Grants of restricted stock awards(in shares) [1]     180      
Balance at end of period (in shares) at Dec. 31, 2016 [1]     39,131      
Increase (Decrease) in Convertible Preferred Stock            
Issuance of Series B convertible preferred stock   $ 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 IPO   $ (83,241)        
Increase (Decrease) in Stockholders' Equity (Deficit)            
Repurchase and retirement of common stock (2,362)         (2,362)
Exercise of common stock options 488       488  
Issuance of Class A common stock upon IPO, net of underwriters' commissions and offering costs of $10,366 73,634       73,634  
Stock-based compensation 5,144       5,144  
Repurchase of convertible preferred stock (47,209)       (1,168) (46,041)
Conversion of convertible preferred stock to Class B common stock in connection with IPO 83,241       83,241  
Conversion of warrant for convertible preferred stock to a warrant for Class B common stock in connection with IPO 12,596       12,596  
Net exercise of warrant to purchase Class B common stock 0   $ 0 [1]   0 0
Issuance of common stock under employee stock purchase plan 4,224       4,224  
Grants of restricted stock awards 0   $ 0 [1]   0 0
Net income 20,482         20,482
Balance at end of period at Dec. 31, 2016 $ 164,380       $ 179,198 $ (14,818)
[1] See Note 9-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 IPO in September 2016.