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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2012
Stockholders' Equity [Abstract]  
Share-based compensation expense
Share-based compensation expense is included in costs and expenses in the Consolidated Statements of incomes as follows:

 
 
 
  
 
 
 
Years Ended December 31,
 
 
 
2012
  
2011
 
 
 
(in thousands)
 
Share-based compensation expense:
 
  
 
Cost of revenues
 
$
46
  
$
34
 
Sales and marketing
  
225
   
358
 
Technology support
  
288
   
332
 
General and administrative
  
356
   
308
 
 
        
          Share-based compensation expense
  
915
   
1,032
 
 
        
Amount capitalized to internal use software
  
5
   
10
 
 
        
Total share-based compensation expense
 
$
910
  
$
1,022
 
Stock options fair value weighted average assumptions
Awards granted under the Company's stock option plans were estimated to have a weighted average grant date fair value per share of $2.37 and $3.04 for the years ended December 31, 2012 and 2011, respectively, based on the Black-Scholes option-pricing model on the date of grant using the following weighted average assumptions:
 
 
 
  
 
 
 
Years Ended December 31,
 
 
 
2012
  
2011
 
Expected volatility
  
84
%
  
84
%
Expected risk-free interest rate
  
0.6
%
  
1.4
%
Expected life (years)
  
4.2
   
4.1
 
Summary of outstanding stock options
A summary of the Company's outstanding stock options as of December 31, 2012, and changes during the year then ended is presented below:
 
 
 
  
  
 
 
 
 
Number of
Options
  
Weighted Average
Exercise Price
per Share
  
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
 
 
 
  
  
(years)
 
(thousands)
 
Outstanding at December 31, 2011
  
1,547,544
  
$
6.46
   
6.3
 
 
Granted
  
330,099
   
3.88
     
 
Exercised
  
(10,982
)
  
1.97
     
 
Forfeited or expired
  
(307,322
)
  
5.59
     
 
 
            
 
Outstanding at December 31, 2012
  
1,559,339
  
$
6.12
   
5.6
  
$
766
 
 
                
Vested and expected to vest at December 31, 2012
  
1,529,929
  
$
6.15
   
5.6
  
$
764
 
 
                
Exercisable at December 31, 2012
  
1,130,140
  
$
6.83
   
5.5
  
$
732
 
Shares of common stock reserved for future issuance
The Company had the following shares of common stock reserved for future issuance upon the exercise or issuance of equity instruments as of December 31, 2012:

 
Number of Shares
 
Stock options outstanding
  
1,559,339
 
Authorized for future grants under stock-based incentive plans
  
527,582
 
Reserved for exercise of Warrant
  
400,000
 
Reserved for conversion of promissory note
  
1,075,268
 
Total
  
3,562,189