Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2013

Share-Based Compensation [Abstract]

Share-based compensation expense included in costs and expenses

Share-based compensation expense is included in costs and expenses in the accompanying Unaudited Consolidated Condensed Statements of Income and Comprehensive Income as follows:

	Three Months Ended March 31,
	2013		2012
	(in thousands)
Share-based compensation expense:
Cost of revenues	$	12	$	12
Sales and marketing		35		92
Technology support		60		92
General and administrative		79		86
Share-based compensation costs		186		282
Amount capitalized to internal use software		—		1
Total share-based compensation costs	$	186	$	281

Fair value of stock options granted using the following weighted average assumptions

During the three months ended March 31, 2013, 8,000 stock options (inclusive of the 4,000 market condition stock options exercised during the period)  were exercised, with aggregate weighted average exercise prices of $2.43.  There were 1,606 stock options (inclusive of the 930 market condition stock options exercised during the period) exercised during the three months ended March 31, 2012, with aggregate weighted average exercise prices of $2.32.  The grant date fair value of stock options granted during these periods was estimated using the Black-Scholes option pricing model using the following weighted average assumptions:

	Three Months Ended March 31,
	2013			2012
Dividend yield		—			—
Volatility		72	%		84	%
Risk-free interest rate		0.6	%		0.7	%
Expected life (years)		4.3			4.2