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Equity-based Compensation | 6 Months Ended
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Jun. 30, 2021
Share-based Payment Arrangement [Abstract] |
Equity-based Compensation | Equity-based compensation The Company’s equity-based compensation plans are fully described in Part II, Item 8 "Financial Statements and Supplementary Data—Note 10 to the Consolidated Financial Statements—Equity-based compensation plans" in the 2020 Annual Report on Form 10-K. A summary of equity-based compensation cost recognized for equity based awards outstanding during the three and six months ended June 30, 2021 and 2020 is as follows:
|  | Three months ended June 30, |  | Six Months Ended June 30,
(in thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020
QLH Class B units |  | — |  |  | $ | 681 |  |  | — |  |  | $ | 1,947 |
QLH restricted Class B-1 units |  | 140 |  |  | — |  |  | 265 |  |  | — |
Restricted Class A shares |  | 285 |  |  | — |  |  | 552 |  |  | — |
Restricted stock units |  | 11,096 |  |  | — |  |  | 21,306 |  |  | — |
Total equity-based compensation |  | $ | 11,521 |  |  | $ | 681 |  |  | $ | 22,123 |  |  | $ | 1,947 |
Equity-based compensation cost is allocated to the following expense categories in the consolidated statements of operations during the three and six months ended June 30, 2021 and 2020:
|  | Three months ended June 30, |  | Six Months Ended June 30,
(in thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Cost of revenue |  | $ | 442 |  |  | $ | 18 |  |  | $ | 842 |  |  | $ | 40 |
Sales and marketing |  | 1,981 |  |  | 79 |  |  | 3,683 |  |  | 155 |
Product development |  | 1,665 |  |  | 315 |  |  | 2,997 |  |  | 629 |
General and administrative |  | 7,433 |  |  | 269 |  |  | 14,601 |  |  | 1,123 |
Total equity-based compensation |  | $ | 11,521 |  |  | $ | 681 |  |  | $ | 22,123 |  |  | $ | 1,947 |
As of June 30, 2021, unrecognized compensation cost related to the QLH restricted Class B-1 units, Restricted Class A shares, and Restricted stock units was $1.1 million, $2.6 million, and $104.8 million, respectively, and will be recognized over weighted-average periods of 2.46 years, 2.67 years, and 2.56 years, respectively.

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- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
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- References No definition available. + Details
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