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Stock-based Compensation
9 Months Ended
Sep. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock-based Compensation

9. Stock-based Compensation

Total stock-based compensation expense was $8,761, $5,528, $25,390 and $14,951 for the three months ended September 30, 2019 and 2018 and for the nine months ended September 30, 2019 and 2018, respectively.  The following two tables show stock compensation expense by award type and where the stock compensation expense is recorded in the Company’s Unaudited Condensed Consolidated Income Statements:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Options

 

$

35

 

 

$

63

 

 

$

130

 

 

$

192

 

RSUs

 

 

8,726

 

 

 

5,465

 

 

 

25,260

 

 

 

14,759

 

Total stock-based compensation expense

 

$

8,761

 

 

$

5,528

 

 

$

25,390

 

 

$

14,951

 

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Cost of revenue

 

$

92

 

 

$

83

 

 

$

268

 

 

$

264

 

Sales and marketing expense

 

 

2,520

 

 

 

1,216

 

 

 

7,392

 

 

 

3,762

 

Product, technology, and development

   expense

 

 

3,938

 

 

 

2,584

 

 

 

11,118

 

 

 

6,903

 

General and administrative expense

 

 

2,211

 

 

 

1,645

 

 

 

6,612

 

 

 

4,022

 

Total stock-based compensation expense

 

$

8,761

 

 

$

5,528

 

 

$

25,390

 

 

$

14,951

 

 

 

Excluded from stock-based compensation expense is $324, $89, $950, and $299 of capitalized website development and internal-use software costs for the three months ended September 30, 2019 and 2018 and for the nine months ended September 30, 2019 and 2018, respectively.  

 

During the three months ended September 30, 2019 and 2018 and nine months ended September 30, 2019 and 2018, the Company withheld 120,943, 93,933, 345,114, and 565,403 shares of Class A common stock, respectively, to satisfy employee tax withholding requirements and option costs due to net share settlements. The shares withheld remain in the authorized, but unissued pool under the Company’s Omnibus Equity Compensation Plan and can be reissued by the Company. Total payments for the employees’ tax obligations to the taxing authorities and for option costs due to net share settlements were $4,192, $4,379, $12,783, and $21,867 for the three months ended September 30, 2019 and 2018 and for the nine months ended September 30, 2019 and 2018, respectively, and are reflected as a financing activity within the Unaudited Condensed Consolidated Statements of Cash Flows.