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v3.25.2

Stock Based Compensation (Tables) | 6 Months Ended
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Jun. 30, 2025
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
Summary of Stock Option Activity | A summary of the status of the Company’s stock option activity and the changes during the six months ended June 30, 2025, are as follows (in millions, except share and per share amounts):
|  | Number of Shares |  |  | Weighted Average Exercise Price Per Share |  |  | Average Remaining Contractual Term |  |  | Aggregate Intrinsic Value |
Exercisable at December 31, 2024 |  |  | 1,640,638 |  |  |  | 10.12 |  |  |  | 5.7 |  |  | $ | 53.4 |
Balance at December 31, 2024 |  |  | 1,906,483 |  |  |  | 11.51 |  |  |  | 6.0 |  |  | $ | 59.4 |
Granted |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Exercised |  |  | (144,232 | ) |  |  | 9.75 |  |  |  | — |  |  |  | — |
Forfeited |  |  | (35,679 | ) |  |  | 19.17 |  |  |  | — |  |  |  | — |
Expired |  |  | (24,490 | ) |  |  | 29.25 |  |  |  | — |  |  |  | — |
Balance at June 30, 2025 |  |  | 1,702,082 |  |  |  | 11.24 |  |  |  | 5.2 |  |  | $ | 38.6 |
Exercisable at June 30,2025 |  |  | 1,557,526 |  |  |  | 10.40 |  |  |  | 5.0 |  |  | $ | 36.6 |
Summary of Restricted Stock Unit Activity | A summary of the status of the Company’s restricted stock unit activity and the changes during the six months ended June 30, 2025 are as follows (in millions, except share and per share amounts):
|  | Number of Shares |  |  | Weighted Average Grant Date fair value (per share) |  |  | Aggregate Intrinsic Value |
Unvested RSUs as of December 31, 2024 |  |  | 2,530,358 |  |  |  | 19.15 |  |  | $ | 107.9 |
Granted |  |  | 1,352,865 |  |  |  | 25.72 |  |  |  | — |
Vested |  |  | (730,629 | ) |  |  | 20.24 |  |  |  | — |
Forfeited and cancelled |  |  | (326,589 | ) |  |  | 21.43 |  |  |  | — |
Unvested RSUs as of June 30, 2025 |  |  | 2,826,005 |  |  |  | 21.75 |  |  | $ | 95.5 |
Schedule of Total Stock-based Compensation Costs | Total stock-based compensation cost for the three and six months ended June 30, 2025 and 2024 were as follows (in thousands):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Sales and marketing |  | $ | 2,194 |  |  | $ | 2,400 |  |  | $ | 4,223 |  |  | $ | 3,920 |
Operations and support |  |  | 2,684 |  |  |  | 2,241 |  |  |  | 5,173 |  |  |  | 4,333 |
Product development |  |  | 1,731 |  |  |  | 1,834 |  |  |  | 3,400 |  |  |  | 3,250 |
General and administrative |  |  | 1,286 |  |  |  | 1,650 |  |  |  | 2,441 |  |  |  | 2,658 |
Total stock compensation expense |  | $ | 7,895 |  |  | $ | 8,125 |  |  | $ | 15,237 |  |  | $ | 14,161 |
Performance Restricted Stock Units |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
Summary of Restricted Stock Unit Activity | A summary of the status of the Company's performance restricted stock unit activity and the changes during the six months ended June 30, 2025 are as follows (in millions, except share and per share amounts):
|  | Number of Shares |  |  | Weighted Average Grant Date fair value (per share) |  |  | Aggregate Intrinsic Value |
Unvested PRSUs as of December 31, 2024 |  |  | 272,515 |  |  |  | 17.32 |  |  | $ | 11.6 |
Granted |  |  | 328,616 |  |  |  | 22.87 |  |  |  | — |
Vested |  |  | (91,527 | ) |  |  | 17.32 |  |  |  | — |
Forfeited and cancelled |  |  | (48,367 | ) |  |  | 20.26 |  |  |  | — |
Unvested PRSUs as of June 30, 2025 |  |  | 461,237 |  |  |  | 20.97 |  |  | $ | 15.6 |

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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