STOCK BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2015

Stock-based Compensation Expense

The following table presents stock-based compensation expense included in the Company’s unaudited consolidated statements of income (in thousands):

	Three months ended						Nine months ended
	September 30,						September 30,
	2015			2014			2015			2014
Cost of portal revenues, exclusive of depreciation & amortization	$	317		$	430		$	1,086		$	1,032
Cost of software & services revenues, exclusive of depreciation & amortization		32			13			54			39
Selling & administrative		1,240			1,711			4,245			3,497
Stock-based compensation expense before income taxes		1,589			2,154			5,385			4,568
Income tax benefit		(573	)		(798	)		(2,047	)		(1,762	)
Net stock-based compensation expense	$	1,016		$	1,356		$	3,338		$	2,806