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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Option Activity
A summary of our stock option activity for the nine months ended September 30, 2017, is as follows (number of shares in thousands):
 
 
Number of
Shares
 
Weighted
Average
Exercise
Price per Share
 
Weighted
Average
Remaining
Contractual Life
in Years
Options outstanding as of December 31, 2016
 
1,718

 
$
8.75

 
8.2
Options granted
 
172

 
24.77

 
 
Options exercised
 
(133
)
 
3.83

 
 
Options cancelled/forfeited
 
(29
)
 
9.84

 
 
Options outstanding as of September 30, 2017
 
1,728

 
$
10.70

 
7.9
Schedule of Valuation Assumptions, Stock Options
The following table summarizes information relating to our stock options granted during the three and nine months ended September 30, 2017 and 2016
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2017
 
2016
 
2017
 
2016
Stock options granted (in thousands)
 

 

 
172

 
750

Weighted average exercise price per share
 
$

 
$

 
$
24.77

 
$
12.85

Weighted average grant-date fair value per share
 
$

 
$

 
$
9.58

 
$
4.85

Weighted average Black-Scholes model assumptions:
 
 
 
 
 
 
 
 
Risk-free interest rate
 
%
 
%
 
2.02
%
 
1.45
%
Expected term (in years)
 

 

 
6.4

 
5.9

Expected volatility
 
%
 
%
 
35
%
 
37
%
Expected dividend yield
 

 

 

 

Schedule of Restricted Stock Units Activity
A summary of activity in connection with our RSUs for the nine months ended September 30, 2017, is as follows (number of shares in thousands):
 
 
Number of Shares
 
Weighted- Average Grant Date Fair Value per Share
Unvested as of December 31, 2016
 
496

 
$
13.34

Granted
 
307

 
25.64

Vested
 
(139
)
 
12.81

Forfeited
 
(46
)
 
16.17

Unvested as of September 30, 2017
 
618

 
$
19.36

Schedule of Restricted Stock Awards Activity
A summary of activity in connection with our restricted stock awards for the nine months ended September 30, 2017, follows (number of shares in thousands): 
 
 
Number of
Shares
 
Weighted-Average
Grant Date
Fair Value per Share
Unvested as of December 31, 2016
 
46

 
$
8.55

Granted
 
9

 
33.30

Vested
 
(38
)
 
9.33

Forfeited
 

 

Unvested as of September 30, 2017
 
17

 
$
19.79