v3.19.2
Stock incentive plans (Tables)
6 Months Ended
Jun. 30, 2019
Stock incentive plans  
Schedule of stock-based compensation expense

Three Months Ended

Six Months Ended

June 30, 

June 30, 

    

2019

    

2018

    

2019

    

2018

Network operations

$

348

$

516

$

854

$

1,053

Development and technology

 

334

 

314

 

637

 

592

Selling and marketing

 

548

 

393

 

1,077

 

866

General and administrative

 

806

 

1,723

 

1,812

 

3,561

Total stock-based compensation

$

2,036

$

2,946

$

4,380

$

6,072

Summary of stock option activity

    

    

    

Weighted-

    

Average

Weighted

Remaining

Number of

Average

Contract

Aggregate

Options

Exercise

Life

Intrinsic

    

 (000’s)

    

Price

    

 (years)

    

Value

Outstanding at December 31, 2018

 

304

$

7.49

 

3.8

$

3,970

Exercised

 

(15)

$

5.47

Canceled/forfeited

 

$

Outstanding and exercisable at June 30, 2019

 

289

$

7.59

 

3.3

$

2,999

Summary of RSU activity

                                                                                                                                                                                

Weighted Average

Number of Shares

Grant-Date Fair

    

(000’s)

    

Value

Non-vested at December 31, 2018

 

3,119

$

8.60

Granted(1)

 

593

$

22.76

Vested

 

(2,806)

$

7.21

Canceled/forfeited

 

(51)

$

23.31

Non-vested at June 30, 2019

 

855

$

22.08

(1)The RSUs granted to all of our named executive officers in 2017 were subject to satisfaction of specified service-based and performance-based conditions. The performance objectives were subject to under- or over- achievement on a sliding scale, with a threshold of 50% of the target number of RSUs and a maximum of 150% of the target RSUs. In February 2019, our Compensation Committee determined actual achievement of the 2017 performance-based RSUs resulting in additional RSUs granted of approximately 29,000 at a grant-date fair value of $11.94 per share during the six months ended June 30, 2019.