Equity and Stock-based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

Equity [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 June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Statements of Comprehensive Income Classification
Cost of software-enabled services	$	1,525	$	924	$	3,129	$	2,008
Cost of maintenance		101		66		202		157
Cost of professional services		159		99		325		216
Total cost of revenues		1,785		1,089		3,656		2,381
Selling and marketing		745		498		1,488		1,135
Research and development		444		273		894		583
General and administrative		1,234		935		2,276		1,671
Total operating expenses		2,423		1,706		4,658		3,389
Total stock-based compensation expense	$	4,208	$	2,795	$	8,314	$	5,770

Summary of Stock Option Activity

A summary of stock option activity as of and for the six months ended June 30, 2015 is as follows:

	Shares of Common Stock Underlying Options
Outstanding at January 1, 2015		11,720,648
Granted		80,950
Cancelled/forfeited		(158,364	)
Exercised		(438,046	)
Outstanding at June 30, 2015		11,205,188