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Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock-Based Compensation Expense Recognized

For stock options and restricted stock, the total amount of stock-based compensation expense recognized in the Company’s Condensed Consolidated Statements of Comprehensive Income was as follows (in thousands):

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
Statements of Comprehensive Income Classification    2014      2013      2014      2013  

Cost of software-enabled services

   $ 924       $ 721       $ 2,932       $ 2,191   

Cost of maintenance

     61         66         218         204   

Cost of professional services

     108         81         324         252   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total cost of revenues

     1,093         868         3,474         2,647   

Selling and marketing

     538         375         1,673         981   

Research and development

     279         215         862         681   

General and administrative

     874         517         2,545         1,701   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total operating expenses

     1,691         1,107         5,080         3,363   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total stock-based compensation expense

   $ 2,784       $ 1,975       $ 8,554       $ 6,010   
  

 

 

    

 

 

    

 

 

    

 

 

 

Summary of Stock Option Activity

A summary of stock option activity as of and for the nine months ended September 30, 2014 is as follows:

 

     Shares of Common
Stock Underlying
Options
 

Outstanding at January 1, 2014

     11,515,642   

Granted

     116,000   

Cancelled/forfeited

     (171,871

Exercised

     (1,255,159
  

 

 

 

Outstanding at September 30, 2014

     10,204,612