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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Domestic and Foreign Components of Income Before Income Taxes

The domestic and foreign components of income before income taxes are as follows:

		Year Ended December 31,
		2019				2018				2017
United States		$	37,476			$	24,426			$	15,543
Foreign			1,229				1,058				294
Income before income taxes		$	38,705			$	25,484			$	15,837

Schedule of (Benefit From) Provision for Income Taxes

The (benefit from) provision for income taxes contained the following components:

		Year Ended December 31,
		2019				2018				2017
Current (benefit) provision:
Federal		$	—			$	(860	)		$	3,262
State			(220	)			92				431
Foreign			513				122				62
			293				(646	)			3,755
Deferred (benefit) provision:
Federal			(2,377	)			(27,675	)			(755	)
State			(1,306	)			(11,499	)			(343	)
Foreign			(51	)			134				(19	)
			(3,734	)			(39,040	)			(1,117	)
Income tax (benefit) provision		$	(3,441	)		$	(39,686	)		$	2,638

Schedule of Effective Tax Rates Less than US Federal Statutory Rate Primarily Due to Excess Tax Deductions

The Company's effective tax rates for the years ending December 31, 2019 and 2018 are less than the U.S. federal statutory rate due to excess tax deductions related to stock-based compensation awards and federal and state research and development credits.  The Company’s effective tax rate for the year ending December 31, 2017 is less than the U.S. federal statutory rate primarily due to federal and state research and development credits, excess tax deductions related to stock-based compensation awards, and tax deductions for fees incurred during the IPO process.

		Year Ended December 31,
		2019				2018				2017
U.S. federal taxes at statutory rate			21.0	%			21.0	%			35.0	%
State taxes, net of federal benefit			0.2				(25.6	)			3.1
Nondeductible expenses			2.9				4.1				1.2
Tax deductible IPO costs			—				—				(9.3	)
Stock compensation			(22.0	)			(127.2	)			(4.4	)
Foreign rate differential			(0.3	)			(0.4	)			(0.4	)
Credits			(10.3	)			(28.4	)			(9.0	)
Other			(0.2	)			0.7				0.5
Total			(8.7	)%			(155.8	)%			16.7	%

Schedule of Income Tax Effect of Each Type of Temporary Difference and Carryforward

The approximate income tax effect of each type of temporary difference and carryforward as of December 31, 2019 and 2018 is as follows:

		As of December 31,
		2019				2018
Deferred tax assets:
Net operating loss carryforwards		$	35,977			$	34,450
Credit carryforwards			10,472				6,562
Stock-based compensation			2,953				1,945
Landlord allowance on leasehold improvements			—				1,908
Lease liability			17,965				—
Intangible Assets			62				—
Deferred rent			—				873
Accruals and reserves			1,185				1,074
			68,614				46,812
Valuation Allowance			(62	)			—
			68,552				46,812
Deferred tax liabilities:
Prepaid expenses			(1,523	)			(931	)
Deferred commissions			(5,100	)			(3,187	)
Right of use assets			(15,270	)			—
Unbilled revenue			—				(227	)
Fixed assets			(4,230	)			(3,581	)
			(26,123	)			(7,926	)
Net deferred tax assets		$	42,429			$	38,886

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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