v3.19.3
Stock incentive plans (Tables)
9 Months Ended
Sep. 30, 2019
Stock incentive plans  
Schedule of stock-based compensation expense

Three Months Ended 

Nine Months Ended 

September 30, 

September 30, 

    

2019

    

2018

    

2019

    

2018

Network operations 

$

387

$

549

$

1,241

$

1,602

Development and technology 

 

325

 

323

 

962

 

915

Selling and marketing 

 

578

 

511

 

1,655

 

1,377

General and administrative 

 

764

 

1,772

 

2,576

 

5,333

Total stock-based compensation 

$

2,054

$

3,155

$

6,434

$

9,227

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 

 

(27)

$

5.72

Canceled/forfeited 

 

$

Outstanding and exercisable at September 30, 2019

 

277

$

7.66

 

3.1

$

1,044

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)

 

637

$

22.15

Vested 

 

(2,896)

$

7.56

Canceled/forfeited 

 

(60)

$

23.71

Non-vested at September 30, 2019

 

800

$

21.97

(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 nine months ended September 30, 2019.