Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-based compensation expense included in costs and expenses

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
	(in thousands)
Share-based compensation expense:
Cost of revenues	$	38	$	17	$	63	$	34
Sales and marketing		146		142		287		251
Technology support		153		68		227		125
General and administrative [1]		217		142		634		246
Share-based compensation costs		554		369		1,211		656
Amount capitalized to internal use software		2		1		6		1
Total share-based compensation costs	$	552	$	368	$	1,205	$	655

Service based options granted during period

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Number of service-based options granted		269,500		—		584,550		401,750
Weighted average grant date fair value	$	6.75	$	—	$	5.62	$	7.46
Weighted average exercise price	$	14.60	$	—	$	12.24	$	16.47

Stock option exercises

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Number of stock options exercised		18,821		45,393		19,074		118,996
Weighted average exercise price	$	5.90	$	4.11	$	5.92	$	4.20

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

	Three Months Ended June 30,					Six Months Ended June 30,
	2015			2014		2015			2014
Dividend yield		—			—		—			—
Volatility		57	%		—		56	%		56	%
Risk-free interest rate		1.3	%		—		1.3	%		1.3	%
Expected life (years)		4.4			—		4.4			4.3