Stockholders' Equity

6 Months Ended

Jun. 30, 2015

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders’ Equity

Share Repurchase Program

In October 2013, the Board of Directors authorized a $750.0 million share repurchase program, effective from October 16, 2013 through December 31, 2016. During the six months ended June 30, 2015, the Company repurchased 1.8 million shares of its common stock for $126.1 million.

Stock-Based Compensation

The following table summarizes stock-based compensation included in the Company’s consolidated statements of income for the three and six months ended June 30, 2015 and 2014 (in thousands):

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2015			2014			2015			2014
Cost of revenue	$	3,502		$	3,076		$	6,665		$	5,871
Research and development	6,009			5,061			11,375			9,538
Sales and marketing	12,847			12,796			25,830			23,328
General and administrative	9,893			10,745			18,050			18,055
Total stock-based compensation	32,251			31,678			61,920			56,792
Provision for income taxes	(10,405		)	(10,156		)	(22,107		)	(18,380		)
Total stock-based compensation, net of income taxes	$	21,846		$	21,522		$	39,813		$	38,412

In addition to the amounts of stock-based compensation reported in the table above, the Company’s consolidated statements of income for the three and six months ended June 30, 2015 include stock-based compensation reflected as a component of amortization of capitalized internal-use software of $3.4 million and $6.4 million, respectively, before income taxes. For the three and six months ended June 30, 2014, the Company's consolidated statements of income include stock-based compensation reflected as a component of amortization of capitalized internal-use software of $2.0 million and $3.9 million, respectively, before income taxes.