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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation Expense
The Company included total stock-based compensation expense related to all its stock awards in various operating expense categories for the three months and six months ended June 30, 2013 and 2012, as follows:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
  
 
2013
 
2012
 
2013
 
2012
  
 
(In Thousands)
Product and content development
 
$
619

 
$
651

 
$
1,175

 
$
1,485

Sales and marketing
 
476

 
531

 
817

 
1,411

General and administrative
 
488

 
713

 
895

 
1,573

Total stock-based compensation
 
$
1,583

 
$
1,895

 
$
2,887

 
$
4,469

Summary of Stock Option Activity and Related Information, without Regard for Estimated Forfeitures
The following table represents a summary of the Company’s stock option activity under the 2009 Stock Incentive Plan and the 2000 Non-Officer Stock Incentive Plan and related information, without regard for estimated forfeitures, for the six months ended June 30, 2013:
 
 
Shares
 
Weighted Average Exercise
Price
  
 
(In Thousands)
 
  
Options outstanding at December 31, 2012
 
201

 
$
3.60

Options granted
 

 

Options exercised
 
(69
)
 
2.84

Options forfeited
 
(1
)
 
2.80

Options outstanding at June 30, 2013
 
131

 
$
4.00

Information about Options Outstanding
The following table summarizes information about options outstanding at June 30, 2013:
Exercise Price
 
Number Outstanding and Exercisable as of June 30, 2013
 
Weighted
Average Remaining Contractual Life(in Years)
 
Weighted
Average
Exercise
Price
  
 
(In Thousands)
 
  
 
  
$4.00
 
131

 
0.99
 
$
4.00

Restricted Stock Activity
The following table summarizes the restricted stock activity for the six months ended June 30, 2013:
 
 
Restricted Stock
 
Weighted Average Grant Date
Fair Value
(per share)
  
 
(In Thousands)
 
  
Unvested as of December 31, 2012
 
1,539

 
$
9.38

Granted
 
1,260

 
9.34

Vested
 
(440
)
 
8.99

Forfeited
 
(169
)
 
9.46

Unvested as of June 30, 2013
 
2,190

 
$
9.43

Fair Value of Employee Stock Purchase Plan Estimated using Black-Scholes Option Pricing Model
The fair value of ESPP rights have been estimated on the date of grant using the Black-Scholes option pricing model with the following assumptions:
 
 
Six Months Ended June 30,
  
 
2013
 
2012
  
 
ESPP Rights
 
ESPP Rights
Expected term
 
6 months
 
6 months
Risk-free rate
 
0.11%
 
0.15%
Expected volatility
 
19.9%
 
29.4%
Dividend yield
 
—%
 
—%