Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

The following table summarizes the activity for the Company’s unvested RSUs, which includes Financial PBRSUs and TSR PBRSUs, during the nine months ended September 30, 2022:


	Shares	Weighted-Average Grant Date Fair Value
Unvested at December 31, 2021	3,506,721	$	137.87
Granted	4,895,738	120.39
Vested	(897,273)	105.23
Forfeited/Canceled	(500,420)	157.15
Unvested at September 30, 2022	7,004,766	128.29

Schedule of Stock-based Compensation Expense

Stock-based compensation expense included in the Condensed Consolidated Statements of Operations for the periods presented below is as follows (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Cost of revenue	$	6,089	$	3,587	$	16,545	$	8,985
Marketing	5,083		4,102		14,552		7,639
Product development	34,106		17,345		88,656		40,588
General and administrative	7,627		17,222		46,780		32,835
Stock-based compensation expense	$	52,905	$	42,256	$	166,533	$	90,047