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Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
Total stock‑based compensation expense consists of the following:
Three Months EndedNine Months Ended
September 30,September 30,
2025202420252024
Restricted stock and RSUs expense
$15,614 $14,375 $47,056 $44,052 
Bonus Plan expense (see Note 11)1,754 1,057 5,406 11,237 
ESPP expense (see Note 13)674 622 1,975 1,837 
Stock grants expense— — 600 600 
DCP elective participant deferrals expense (see Note 12)
— 43 — 130 
Total stock-based compensation expense (1)
$18,042 $16,097 $55,037 $57,856 
(1)As of September 30, 2025 and December 31, 2024, $2,162 and $1,556 remained in Accruals and other current liabilities in the consolidated balance sheets, respectively.
Total stock‑based compensation expense is included in the consolidated statements of operations as follows:
Three Months EndedNine Months Ended
September 30,September 30,
2025202420252024
Cost of subscriptions and licenses$984 $520 $3,034 $882 
Cost of services563 705 1,871 2,343 
Research and development5,601 5,018 16,654 14,981 
Selling and marketing4,014 3,305 11,977 9,625 
General and administrative6,880 6,549 21,501 30,025 
Total stock-based compensation expense$18,042 $16,097 $55,037 $57,856 
Schedule of Restricted Stock and Restricted Stock Unit Activity
The following is a summary of unvested RSUs activity and related information:
Time-Performance-
BasedBased
WeightedWeighted
AverageAverage
Time-Performance-Grant DateGrant Date
TotalBasedBasedFair ValueFair Value
RSUsRSUsRSUsPer SharePer Share
Unvested, December 31, 20243,417,009 3,067,703 
(1)
349,306 
(2)
$45.45 $44.83 
Granted1,764,488 1,547,982 216,506 
(3)
$40.81 $40.53 
Vested(1,220,396)(905,492)(314,904)$43.87 $43.84 
Forfeited and canceled(175,389)(167,503)(7,886)$42.59 $52.53 
Unvested, September 30, 20253,785,712 
(4)
3,542,690 243,022 $43.97 $42.02 
(1)Includes 175,928 time‑based RSUs granted during the three months ended March 31, 2022 to certain officers and key employees, which cliff vested on January 31, 2025. Additionally, includes 300,964 time‑based RSUs granted during the three months ended June 30, 2024 to certain officers, which vest 20% on each of December 15, 2025, 2026, 2027, 2028, and 2029.
(2)Primarily relates to the 2024 annual performance period. Includes 162,038 performance‑based RSUs granted during the year ended December 31, 2022 with extraordinary terms, which are described below.
(3)Primarily relates to the 2025 annual performance period. Includes 10,493 additional shares earned based on the achievement of 2024 performance goals for performance-based RSUs granted during the year ended December 31, 2024.
(4)Includes 41,621 RSUs which are expected to be settled in cash.