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Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2012

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

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, 2012, 2011 and 2010, as follows:



	Year Ended December 31,
	2012		2011		2010
	(In Thousands)
Product and content development	$	2,084	$	2,102	$	1,356
Sales and marketing	2,036		1,810		1,161
General and administrative	2,268		2,021		1,443
Total stock-based compensation	$	6,388	$	5,933	$	3,960

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, 2012:



	Shares		Weighted Average Exercise Price
	(In Thousands)
Options outstanding at December 31, 2011	362		$	10.07
Options exercised*	—		2.80
Options forfeited	(161	)	18.13
Options outstanding at December 31, 2012	201		$	3.60

Information about Options Outstanding

The following table summarizes information about options outstanding at December 31, 2012:



Range of Exercise Price	Number Outstanding and Exercisable as of December 31, 2012	Weighted Average Remaining Contractual Life (in Years)	Weighted Average Exercise Price
	(In Thousands)
$1.37 to $4.10	201	1.16	$	3.60

Restricted Stock Activity

The following table summarizes the restricted stock activity for the year ended December 31, 2012:



	Restricted Stock		Weighted Average Grant Date Fair Value (per share)
	(In Thousands)
Unvested at December 31, 2011	1,627		$	9.43
Granted	679		9.19
Vested	(572	)	8.94
Forfeited	(195	)	9.48
Unvested at December 31, 2012	1,539		$	9.38

Shares Issued Under the Employee Stock Purchase Plan

During the years ended December 31, 2012 and 2011, the Company issued shares of common stock under the 2009 ESPP, as follows:



Offering Period Purchase Date	Number of Shares	Purchase Price
January 31, 2011	22,119	$	7.00
July 31, 2011	17,920	$	7.95
Total 2011	40,039
January 31, 2012	19,823	$	7.00
July 31, 2012	20,961	$	7.19
Total 2012	40,784

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:



	Year Ended December 31,
	2012		2011		2010
	ESPP Rights		ESPP Rights		ESPP Rights
Expected term	6 months		6 months		6 months
Risk-free rate	0.14% – 0.15%		0.16% – 0.18%		0.17% – 0.20%
Expected volatility	8.3% – 29.4%		21.0% – 36.1%		25.7% – 30.7%
Dividend yield	—	%	—	%	—	%

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References+ Details

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

+ References+ Details

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References+ Details