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Stockholders' Equity and Stock Based Compensation
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stockholders' Equity and Stock-Based Compensation
Stockholders’ Equity and Stock Based Compensation

The Company maintains several stock-based compensation plans, which are more fully described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015.

During the three month periods ended March 31, 2016 and March 31, 2015, common stock outstanding changed as a result of the following activity:
 
 
Three Months Ended March 31,
 
 
2016
 
2015
 
 
(In Thousands)
Balance as of December 31
 
26,236

 
26,631

 
 
 
 
 
Issuance of shares of restricted common stock, net of cancellations
 
361

 
290

Issuance of shares of common stock pursuant to the employee stock purchase plan
 
29

 
20

Shares of common stock repurchased and retired
 

 
(343
)
Shares of restricted common stock surrendered for income tax purposes
 
(115
)
 
(130
)
 
 
 
 
 
Balance as of March 31
 
26,511

 
26,468

 
 
 
 
 
Shares of restricted common stock vested
 
291

 
216



The Company included total stock-based compensation expense related to all its stock awards in various operating expense categories for the three month periods ended March 31, 2016 and March 31, 2015, as follows:
 
 
Three Months Ended March 31,
  
 
2016
 
2015
  
 
(In Thousands)
Product and content development
 
$
405

 
$
584

Sales and marketing
 
411

 
370

General and administrative
 
840

 
526

Total stock-based compensation
 
$
1,656

 
$
1,480