XML 59 R35.htm IDEA: XBRL DOCUMENT v3.20.4
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted

    

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

Aggregate

 

 

Number of 

 

Grant Date

 

Contractual 

 

Intrinsic

 

 

Shares

 

Fair Value

 

Life (Years)

 

Value

 

 

 

 

 

 

 

 

 

(In thousands)

Outstanding at December 31, 2019

 

15,721,085

 

$

2.44

 

8.4

 

$

165,906

Granted

 

1,375,738

 

 

26.56

 

  

 

 

 

Exercised

 

(2,979,700)

 

 

1.82

 

  

 

 

 

Forfeited

 

(725,582)

 

 

3.14

 

  

 

 

 

Cancelled

 

(7,240)

 

 

1.42

 

 

 

 

 

Outstanding at December 31, 2020

 

13,384,301

 

$

5.03

 

7.7

 

$

500,053

 

 

 

 

 

 

 

 

 

 

 

Exercisable at December 31, 2019

 

4,349,090

 

$

0.96

 

7.4

 

$

52,367

 

 

 

 

 

 

 

 

 

 

 

Exercisable at December 31, 2020 

 

7,343,948

 

$

2.02

 

7.1

 

 

296,496

 

Schedule of assumptions used in the option-pricing model for options granted

 

 

 

 

 

 

 

 

 

Year Ended December 31

 

    

2020

    

2019

    

2018

Expected term (in years)

 

5.50 - 6.11

 

5.63 - 6.28

 

5.38 - 6.10

Risk-free interest rate

 

0.3% - 1.7%

 

1.5% - 2.5%

 

2.6% - 3.1%

Expected volatility

 

49.2% - 54.7%

 

48.6% - 49.0%

 

48.1% - 48.9%

Expected dividend rate

 

 —

 

 —

 

 —

 

Summary of restricted stock unit activity

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Number

 

 

Average

 

 

of

 

 

Grant Date

 

 

Shares

 

 

Fair Value

 

 

 

 

 

 

Outstanding at December 31, 2019

 

 —

 

$

 —

Granted

 

558,008

 

$

25.46

Vested

 

(48,096)

 

$

26.08

Forfeited

 

(20,845)

 

$

23.76

Outstanding at December 31, 2020

 

489,067

 

$

25.47

 

Summary of stock based compensation expense for employees

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

December 31

 

    

2020

    

2019

    

2018

Cost of services

 

$

3,056

 

$

537

 

$

96

Selling and marketing

 

 

2,066

 

 

900

 

 

366

General and administrative

 

 

7,699

 

 

3,624

 

 

2,535

Total stock-based compensation expense

 

$

12,821

 

$

5,061

 

$

2,997