v3.24.3
Stock-based Compensation and Common Stock Share Repurchases (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Stock-based Compensation Expense by Award Type

For the three months ended September 30, 2024 and 2023 and for the nine months ended September 30, 2024 and 2023, stock-based compensation expense by award type and where the stock-based compensation expense was recognized in the Unaudited Condensed Consolidated Income Statements is as follows:

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Options

 

$

556

 

 

$

591

 

 

$

1,702

 

 

$

1,795

 

Restricted Stock Units

 

 

14,899

 

 

 

13,672

 

 

 

45,132

 

 

 

42,047

 

CO Incentive Units and Subject Units (1)

 

 

—

 

 

 

(1,225

)

 

 

—

 

 

 

—

 

Total

 

$

15,455

 

 

$

13,038

 

 

$

46,834

 

 

$

43,842

 

(1) As each term is defined in Note 2 to the consolidated financial statements contained within the Annual Report.

Summary of Allocation of Stock-based Compensation Expense

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Cost of revenue

 

$

96

 

 

$

185

 

 

$

387

 

 

$

513

 

Sales and marketing expense

 

 

3,017

 

 

 

2,780

 

 

 

9,141

 

 

 

8,736

 

Product, technology, and development expense

 

 

6,164

 

 

 

5,745

 

 

 

18,165

 

 

 

18,068

 

General and administrative expense

 

 

6,178

 

 

 

4,328

 

 

 

19,141

 

 

 

16,525

 

Total

 

$

15,455

 

 

$

13,038

 

 

$

46,834

 

 

$

43,842