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)
 6 Months Ended
Jun. 30, 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 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 June 30,
 
Six months ended June 30,
 
2016
 
2017
 
2016
 
2017
Expected life (in years)
N/A
 
6.00

 
N/A
 
5.93 - 6.05

Risk-free interest rate
N/A
 
1.92%

 
N/A
 
1.92 - 2.18%

Expected volatility
N/A
 
61%

 
N/A
 
61%

Expected dividend yield
N/A
 
0
%
 
N/A
 
0
%
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 June 30,
 
Six months ended June 30,
 
2016

2017
 
2016
 
2017
Expected life (in years)
0.5

 
0.5

 
0.5

 
0.5

Risk-free interest rate
0.41%

 
0.65
%
 
0.24 - 0.41%

 
0.44 - 0.65%

Expected volatility
41%

 
39
%
 
41
%
 
39 - 52%

Expected dividend yield
0
%
 
0
%
 
0
%
 
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 
 June 30,
 
Six months ended June 30,
 
2016
 
2017
 
2016
 
2017
 
(in thousands)
 
(in thousands)
Stock-based compensation expense
 

 
 

 
 
 
 
Cost of revenue—Other
$
1,544

 
$
814

 
$
3,021

 
$
1,629

Cost of revenue—Ticketing service
67

 
34

 
127

 
63

Product development
7,243

 
9,422

 
15,744

 
17,337

Sales and marketing
15,128

 
15,102

 
28,741

 
28,598

General and administrative
8,450

 
13,236

 
23,454

 
20,599

Total stock-based compensation expense
$
32,432

 
$
38,608

 
$
71,087

 
$
68,226