Stockholders' Equity

9 Months Ended

Sep. 30, 2014

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 nine months ended September 30, 2014, the Company repurchased 3.9 million shares of its common stock for $226.5 million.

Stock-Based Compensation

The following table summarizes stock-based compensation included in the Company’s consolidated statements of operations for the three and nine months ended September 30, 2014 and 2013 (in thousands):

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2014			2013			2014			2013
Cost of revenue	$	3,030		$	2,885		$	8,901		$	8,230
Research and development	4,979			4,583			14,517			12,819
Sales and marketing	12,110			10,048			35,438			29,278
General and administrative	7,889			6,963			25,944			21,884
Total stock-based compensation	28,008			24,479			84,800			72,211
Provision for income taxes	(8,472		)	(8,272		)	(26,852		)	(24,581		)
Total stock-based compensation, net of income taxes	$	19,536		$	16,207		$	57,948		$	47,630

In addition to the amounts of stock-based compensation reported in the table above, the Company’s consolidated statements of operations for the three and nine months ended September 30, 2014, include stock-based compensation reflected as a component of amortization of capitalized internal-use software of $3.6 million and $7.5 million, respectively, before income taxes. For the three and nine months ended September 30, 2013, the Company's consolidated statements of operations include stock-based compensation reflected as a component of amortization of capitalized internal-use software of $2.2 million and $6.1 million, respectively, before income taxes.