XML 46 R36.htm IDEA: XBRL DOCUMENT
v3.23.3

Stockholders’ Equity (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Equity [Abstract] |
Summary of Share-based Payment Arrangement, Option, Activity | The following table summarizes option activity under the plans:
| Options Outstanding |  | Weighted-Average Remaining |  | Aggregate Intrinsic Value (In Millions)
| Number of Shares |  | Weighted Average Exercise Price |  | Contract Term (In Years) |
Outstanding as of December 31, 2022 | 1,986,978 |  | $ | 36.54 |  |  | 7.8 |  | $ | 1.3 |
Granted | — |  | — |  |  |  |  |
Exercised | (103,002) |  | 11.89 |  |  |  |  |
Cancelled/Expired | (257,719) |  | 25.30 |  |  |  |  |
Outstanding as of September 30, 2023 | 1,626,257 |  | 16.12 |  |  | 7.1 |  | $ | 0.1 |
Vested and exercisable as of September 30, 2023 | 1,273,336 |  | $ | 16.09 |  |  | 6.9 |  | $ | 0.1 |
Summary of Unvested Restricted Stock Units Roll Forward | The following table summarizes the RSU and PRSU activity for the nine months ended September 30, 2023:
| Number of Shares |  | Weighted Average Grant-Date Fair Value per Share
Unvested and outstanding as of December 31, 2022 | 2,881,984 |  | $ | 41.15 |
Granted | 1,372,585 |  | 17.97 |
Released | (861,292) |  | 40.81 |
Canceled and forfeited | (414,068) |  | 39.29 |
Unvested and outstanding as of September 30, 2023 | 2,979,209 |  |  | $ | 30.79 |
Summary of Share-based Payment Arrangement, Expensed and Capitalized, Amount | Total stock-based compensation expense, classified in the accompanying consolidated statements of operations and comprehensive loss was as follows (in millions):
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022 |  |
Losses and loss adjustment expenses | $ | 0.4 |  |  | $ | 0.7 |  |  | $ | 1.0 |  |  | $ | 1.9 |  |  |
Insurance related expenses | 1.1 |  |  | 1.4 |  |  | 3.7 |  |  | 3.9 |  |  |
Technology and development | 2.8 |  |  | 5.1 |  |  | 10.1 |  |  | 15.9 |  |  |
Sales and marketing | 3.3 |  |  | 4.0 |  |  | 11.2 |  |  | 9.3 |  |  |
General and administrative | 6.4 |  |  | 5.8 |  |  | 20.8 |  |  | 15.3 |  |  |
Total stock-based compensation expense | $ | 14.0 |  |  | $ | 17.0 |  |  | $ | 46.8 |  |  | $ | 46.3 |  |  |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
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 -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -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 Tabular disclosure of the change in restricted stock units (RSUs). + References No definition available. + Details
Name: | us-gaap_ScheduleOfUnvestedRestrictedStockUnitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration