Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2012

Stock-Based Compensation [Abstract]

Stock-based compensation expense

	Three months ended September 30,				Nine months ended September 30,
	2012		2011		2012		2011
Services cost of sales	$	183	$	37	$	331	$	234
Engineering and technology		332		251		894		684
Sales and marketing		587		177		1,389		829
General and administrative		1,093		2,584		8,309		4,673
Discontinued operations		—		—		—		(159	)
Total	$	2,195	$	3,049	$	10,923	$	6,261
Excluded and capitalized as part of internal-use software	$	21	$	44	$	66	$	197

Intrinsic value and net shares issued for restricted stock units

The total intrinsic value and net shares issued for RSUs vested, MSUs vested, options exercised, and shares purchased pursuant to the ESPP during the three and nine months ended September 30, 2012 and 2011 is presented below (in thousands):

	Three months ended September 30,								Nine months ended September 30,
	2012				2011				2012				2011
	Intrinsic value		Net shares issued		Intrinsic value		Net shares issued		Intrinsic value		Net shares issued		Intrinsic value		Net shares issued
RSUs vested	$	356		18	$	857		67	$	3,258		191	$	4,598		362
MSUs vested		—		—		—		—		511		30		—		—
Options exercised		1,335		243		814		504		2,832		817		2,300		2,053
Shares purchased pursuant to ESPP		178		38		58		24		277		62		100		54
Total	$	1,869		299	$	1,729		595	$	6,878		1,100	$	6,998		2,469

Stock option grants and warrant

The following weighted-average inputs were used for stock option grants and the Warrant:

	Three months ended September 30,						Nine months ended September 30,
	2012			2011			2012			2011
Employee stock option grants:
Risk-free interest rate		0.38	%		0.64	%		0.47	%		1.05	%
Expected dividend yield		0	%		0	%		0	%		0	%
Expected volatility		44	%		46	%		44	%		47	%
Expected life		3.3 years			3.3 years			3.1 years			3.0 years
Non-employee stock option grant:
Risk-free interest rate		—			—			0.26	%		—
Expected dividend yield		—			—			0	%		—
Expected volatility		—			—			38-41	%		—
Expected remaining life		—			—			1.6 – 2.2 years			—
Market stock unit grants:
Risk-free interest rate		—			0.15	%		—			0.15	%
Blucora expected dividend yield		—			0	%		—			0	%
iShares Russell 2000 Index expected dividend yield		—			1.08	%		—			1.08	%
Blucora closing stock price		—		$	8.74			—		$	8.74
iShares Russell 2000 Index closing price		—		$	82.29			—		$	82.29
Blucora expected volatility		—			37.4	%		—			37.4	%
iShares Russell 2000 Index expected volatility		—			20.3	%		—			20.3	%
Measurement period		—			1.0 years			—			1.0 years
Warrant grant:
Risk-free interest rate		0.68	%		0.46	%		0.68% -0.89	%		0.46	%
Expected dividend yield		0	%		0	%		0	%		0	%
Expected volatility		47	%		39	%		46 – 48	%		39	%
Remaining contractual term		4.9 years			2.0 years			5.4 - 4.9 years			2.0 years