Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation Plans and Awards (Tables)

v3.8.0.1
Stock-based Compensation Plans and Awards (Tables)
9 Months Ended
Sep. 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 September 30,
 
Nine months ended 
 September 30,
 
2016
 
2017
 
2016
 
2017
Expected life (in years)
N/A
 
6.30

 
N/A
 
5.93 - 6.25

Risk-free interest rate
N/A
 
1.97
%
 
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 September 30,
 
Nine months ended September 30,
 
2016

2017
 
2016
 
2017
Expected life (in years)
0.5

 
0.5

 
0.5

 
0.5

Risk-free interest rate
0.41 - 0.44%

 
0.65 - 1.13%

 
0.24 - 0.44%

 
0.44 - 1.13%

Expected volatility
41 - 52%

 
39 - 45%

 
41 - 52%

 
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 
 September 30,
 
Nine months ended September 30,
 
2016
 
2017
 
2016
 
2017
 
(in thousands)
 
(in thousands)
Stock-based compensation expense
 

 
 

 
 
 
 
Cost of revenue—Other
$
1,538

 
$
803

 
$
4,559

 
$
2,432

Cost of revenue—Ticketing service
27

 
6

 
154

 
69

Product development
7,347

 
8,428

 
23,091

 
25,765

Sales and marketing
14,932

 
14,059

 
43,673

 
42,657

General and administrative
8,910

 
6,805

 
32,364

 
27,404

Total stock-based compensation expense
$
32,754

 
$
30,101

 
$
103,841

 
$
98,327