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Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2020

Summary of Stock Option Award Activity

The following table summarizes the stock option award activity under the Stock Plans during the six months ended June 30, 2020:

		Class A Number of Shares				Class B Number of Shares				Weighted- Average Exercise Price				Weighted- Average Remaining Contractual Term (in years)				Aggregate Intrinsic Value(1)
		(in thousands, except per share data)
Outstanding at December 31, 2019			8,712				1,550			$	9.00				5.59			$	75,460
Granted			2				—			$	17.83				—			$	—
Exercised			(2,744	)			(393	)		$	7.52				—			$	—
Forfeited			(119	)			—			$	13.17				—			$	—
Outstanding at June 30, 2020			5,851				1,157			$	9.60				5.22			$	97,375

(1) The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying stock option awards and the closing market price of our Class A common stock as of December 31, 2019 and June 30, 2020, respectively.

Summary of Total Stock-based Compensation Expense

Total stock-based compensation expense by function was as follows:

	Three Months Ended June 30,								Six Months Ended June 30,
	2020				2019				2020				2019
	(in thousands)
Cost of revenue	$	2,066			$	1,786			$	3,848			$	3,635
Research and development		127,516				132,610				245,833				244,852
Sales and marketing		27,107				26,474				51,913				44,234
General and administrative		29,482				34,704				56,626				65,409
Total	$	186,171			$	195,574			$	358,220			$	358,130

Restricted Stock Units and Restricted Stock Awards

Summary of RSU and RSA Activity

Restricted Stock Units and Restricted Stock Awards

The following table summarizes the RSU and RSA activity during the six months ended June 30, 2020:

		Class A Outstanding				Weighted- Average Grant Date Fair Value
		(in thousands, except per share data)
Unvested at December 31, 2019			148,797			$	12.39
Granted			45,118			$	15.04
Vested			(36,051	)		$	13.46
Forfeited			(4,892	)		$	12.83
Unvested at June 30, 2020			152,972			$	12.91

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