v3.23.3
STOCK-BASED COMPENSATION (Tables)
 9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Share-based Payment Arrangement, Option, Activity
A summary of stock option activity under the Plans was as follows:
(In thousands, except prices and years)Number of
options		Weighted-
average
exercise
price		Weighted- average remaining contractual life (years)Aggregate intrinsic value
Options outstanding at January 1, 20234,410 $14.04 6.25$251,832 
Granted (1)— 
Exercised(1,068)9.46 
Forfeited and expired(28)13.84 
Options outstanding at September 30, 2023
3,314 $15.52 5.79$499,576 
Options exercisable at September 30, 2023
3,042 $14.94 5.70$459,149 
________________
(1) There were no stock options granted during the nine months ended September 30, 2023.
Share-based Payment Arrangement, RSU, Activity
A summary of RSU activity under the Plans was as follows:
(In thousands, except prices)Restricted stock unitsWeighted-
average
grant date fair value per share
Outstanding at January 1, 2023
2,036 $85.74 
Granted803 132.05 
Released(447)90.07 
Forfeited(169)95.57 
Outstanding at September 30, 2023
2,223 $100.86 
Share-based Payment Arrangement, Payment Award
TrancheCompany Stock Price HurdleNumber of RSUs Eligible to Vest
1$127.50 90 
2$153.00 90 
3$178.50 90 
4$204.00 180 
5$255.00 180 
6$306.00 180 
7$357.00 180 
8$408.00 180 
9$612.00 270 
10$816.00 360 
Share-based Payment Arrangement, Expensed, Amount
Stock based compensation expense is included in the Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) as shown in the following table:
Three Months Ended September 30,Nine Months Ended September 30,
(In thousands)2023202220232022
Cost of revenues$15 $11 $40 $27 
Research and development12,244 8,030 32,568 17,435 
Sales and marketing1,151 786 2,899 1,729 
General and administrative12,022 11,661 34,712 33,997 
Total$25,432 $20,488 $70,219 $53,188