Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation Plans and Awards (Tables)

v3.7.0.1
Stock-based Compensation Plans and Awards (Tables)
 3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of assumptions used for determining the per-share fair value of shares granted under the ESPP The following assumptions for the Black-Scholes option pricing model were used to determine the per-share fair value of shares to be granted under the ESPP:
Three months ended March 31,
 
2016

2017
Expected life (in years)
0.5

 
0.5

Risk-free interest rate
0.24 - 0.41%

 
0.44 - 0.65%

Expected volatility
41%

 
39 - 52%

Expected dividend yield
0
%
 
0
%
The per-share fair value of each stock option was determined on the grant date using the Black-Scholes option pricing model using the following assumptions:

 
Three months ended March 31,
 
2016
 
2017
Expected life (in years)
N/A
 
5.93 - 6.05

Risk-free interest rate
N/A
 
2.03 - 2.18%

Expected volatility
N/A
 
61%

Expected dividend yield
N/A
 
0
%
Schedule of stock-based compensation expenses related to all employee and non-employee stock-based awards Stock-based compensation expense related to all employee and non-employee stock-based awards was as follows:
 
 
Three months ended 
 March 31,
 
2016
 
2017
 
(in thousands)
Stock-based compensation expense
 

 
 

Cost of revenue—Other
$
1,477

 
$
815

Cost of revenue—Ticketing service
60

 
29

Product development
8,501

 
7,915

Sales and marketing
13,613

 
13,496

General and administrative
15,004

 
7,363

Total stock-based compensation expense
$
38,655

 
$
29,618