XML 41 R30.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Expense Recognized to Statements of Operations
A summary of share-based compensation expense recognized in the Condensed Consolidated Statements of Operations is as follows (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
 2024202320242023
Cost of revenues$7,883 $8,870 $15,916 $17,604 
Research and development19,055 22,888 38,297 46,093 
Sales and marketing32,874 40,026 66,789 76,761 
General and administrative26,968 32,876 53,946 62,393 
Total share-based compensation expense$86,780 $104,660 $174,948 $202,851 
Schedule of Share-Based Compensation Expense by Award Type
A summary of share-based compensation expense by award type is as follows (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
 2024202320242023
Employee stock purchase plan rights (“ESPP”)$1,972 $2,430 $3,703 $4,681 
Performance stock units (“PSUs”) 5,373 3,767 12,374 4,336 
Restricted stock units (“RSUs”) 79,435 98,463 158,871 193,834 
Total share-based compensation expense$86,780 $104,660 $174,948 $202,851 
Schedule of RSUs Activity
A summary of activity of restricted and performance-based stock units as of June 30, 2024, and changes during the period then ended is presented in the following table:
Number of
RSUs/PSUs
Outstanding
(in thousands)
Weighted-
Average
Grant Date Fair
Value Per Share
Aggregate
Intrinsic Value
(in thousands)
Outstanding as of December 31, 202310,047 $52.47 $325,153 
Granted5,100 36.58 
Released(3,381)55.70 
Canceled/Forfeited(912)43.18 
Outstanding as of June 30, 202410,854 $44.78 $306,086