XML 68 R41.htm IDEA: XBRL DOCUMENT
v3.24.3

Stock-based compensation (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of Service Vesting-Based Stock Option Activity | The following is a summary of service-based vesting stock option activity for the September 30, 2024, and the status of service-based vesting stock options outstanding as of September 30, 2024:
| Nine Months Ended September 30, 2024
| Options |  | Wtd. Avg. Exercise Price
Outstanding as of beginning of period | 217,250 |  |  | $ | 2.21 |
Exercised | (58,750) |  |  | 2.33 |
Outstanding as of September 30, 2024 | 158,500 |  |  | $ | 2.16 |
Stock options exercisable as of September 30, 2024 | 158,500 |  |  | $ | 2.16 |
Schedule of Service Vesting-Based and Market Based Restricted Stock Activity | The following is a summary of service-based vesting restricted stock activity for the nine months ended September 30, 2024, and the status of unvested service-based vesting restricted stock outstanding as of September 30, 2024:
| Nine Months Ended September 30, 2024
| Shares |  | Wtd. Avg. Grant Date Fair Value
Outstanding as of beginning of period | 2,312,898 |  |  | $ | 18.32 |
Granted | 484,886 |  |  | 20.53 |
Vested | (701,436) |  |  | 25.83 |
Forfeited | (116,386) |  |  | 17.33 |
Non-vested as of September 30, 2024 | 1,979,962 |  |  | $ | 16.22 |
The following is a summary of market-based restricted stock activity under our stock option plan for the nine months ended September 30, 2024 and the status of market-based restricted stock outstanding as of September 30, 2024:
| Nine Months Ended September 30, 2024
| Shares |  | Wtd. Avg. Grant
Outstanding as of beginning of period | 509,166 |  |  | $ | 26.50 |
Granted | 299,565 |  |  | 27.12 |
Vested | (300,529) |  |  | 27.97 |
Non-vested as of September 30, 2024 | 508,202 |  |  | $ | 25.70 |
Schedule of Stock Compensation Expense | We recorded total stock compensation expense for the three and nine months ended September 30, 2024 and 2023, as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Cost of revenue | $ | 826 |  |  | $ | 1,031 |  |  | $ | 2,482 |  |  | $ | 2,991 |
General and administrative costs | 2,873 |  |  | 3,349 |  |  | 8,648 |  |  | 9,497 |
Sales and marketing costs | 1,001 |  |  | 1,920 |  |  | 2,909 |  |  | 3,575 |
Research and development costs | 624 |  |  | 1,684 |  |  | 1,983 |  |  | 3,652 |
Total | $ | 5,324 |  |  | $ | 7,984 |  |  | $ | 16,022 |  |  | $ | 19,715 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration