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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation Expense
The Company includes total stock-based compensation expense related to all its stock awards in various operating expense categories for the years ended December 31, 2013, 2012 and 2011, as follows:
 
 
Year Ended December 31,
  
 
2013
 
2012
 
2011
  
 
(In Thousands)
Product and content development
 
$
2,391

 
$
2,084

 
$
2,102

Sales and marketing
 
1,591

 
2,036

 
1,810

General and administrative
 
2,715

 
2,268

 
2,021

Total stock-based compensation
 
$
6,697

 
$
6,388

 
$
5,933

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 and 2000 Plans and related information, without regard for estimated forfeitures, for the year ended December 31, 2013:

 
 
Shares
 
Weighted Average Exercise
Price
  
 
(In Thousands)
 
  
Options outstanding at December 31, 2012
 
201

 
$
3.60

Options granted
 
150

 
12.97

Options exercised
 
(69
)
 
2.84

Options forfeited
 
(1
)
 
2.80

Options outstanding at December 31, 2013
 
281

 
$
8.79

Fair Value of Options Estimated using Black-Scholes Option Pricing Model
The fair value of the options granted during the year ended December 31, 2013 have been estimated on the date of grant using the Black-Scholes option pricing model with the following assumptions:
  
 
Year to date December 31, 2013
 
 
2013
 
2012
Expected term
 
3.75 years
 
N/A
Risk-free rate
 
1.4% - 1.6%
 
N/A
Expected volatility
 
37.0% - 37.1%
 
N/A
Dividend yield
 
—%
 
N/A
Information about Options Outstanding

 
 
Options Outstanding
 
Options Exercisable
Exercise Prices
 
Number Outstanding as of December 31, 2013
 
Weighted
Average Remaining Contractual Life (in Years)
 
Weighted
Average
Exercise
Price
 
Number Exercisable as of December 31, 2013
 
Weighted
Average Remaining Contractual Life (in Years)
 
Weighted
Average
Exercise
Price
  
 
(In Thousands)
 
  
 
  
 
(In Thousands)
 
 
 
 
$4.00
 
131

 
0.49
 
$
4.00

 
131

 
0.49
 
$
4.00

$12.97
 
150

 
4.73
 
$
12.97

 

 
0.00
 
$

 
 
281

 
2.76
 
$
8.79

 
131

 
0.49
 
$
4.00

Restricted Stock Activity
The following table summarizes the activity for awards of restricted stock with service-based vesting terms for the year ended December 31, 2013:
 
 
Restricted Stock
 
Weighted Average Grant Date
Fair Value
(per share)
  
 
(In Thousands)
 
  
Unvested at December 31, 2012
 
1,539

 
$
9.38

Granted
 
1,620

 
10.21

Vested
 
(471
)
 
8.93

Forfeited
 
(378
)
 
9.62

Unvested at December 31, 2013
 
2,310

 
$
10.01

Shares Issued Under the Employee Stock Purchase Plan
During the years ended December 31, 2013 and 2012, the Company issued shares of common stock under the 2009 ESPP, as follows:

Offering Period Purchase Date
Number of Shares
Purchase Price
January 31, 2012
19,823

$
7.00

July 31, 2012
20,961

$
7.19

Total 2012
40,784

 
January 31, 2013
20,170

$
7.11

July 31, 2013
19,048

$
8.15

Total 2013
39,218

 
Fair Value of Employee Stock Purchase Plan Estimated using Black-Scholes Option Pricing Model
The fair value of 2009 ESPP rights have been estimated on the date of grant using the Black-Scholes option pricing model with the following assumptions:
 
 
Year Ended December 31,
  
 
2013
 
2012
 
2011
  
 
ESPP Rights
 
ESPP Rights
 
ESPP Rights
Expected term
 
6 months
 
6 months
 
6 months
Risk-free rate
 
0.08% - 0.11%
 
0.14% - 0.15%
 
0.16% - 0.18%
Expected volatility
 
19.9% - 20.3%
 
8.3% - 29.4%
 
21.0% - 36.1%
Dividend yield
 
—%
 
—%
 
—%