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Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock Options and Awards
     December 31,  
    

2013

 

Common stock shares available for grant

     1,811,121   

Common stock options outstanding

     3,227,167   

Restricted stock awards outstanding

     44,000   

Restricted stock units outstanding

     668,056   
Schedule of Employee Stock Purchase Plan

The intrinsic value listed below is calculated as the difference between the market value on the date of purchase and the purchase price of the shares.

 

    

Year Ended
December 31,
2013

 

Shares purchased under ESPP

     36,921   

Average price of shares purchased under ESPP

   $ 5.36   

Intrinsic value of shares purchased under ESPP

   $     210,984   
Schedule of Stock Options Activity

The following table sets forth the summary of option activity under the Company’s stock option plans for the years ended December 31, 2013, 2012, and 2011:

 

    Number
of Shares
    Weighted
Average
Exercise Price
    Weighted
Average
Fair Value
Of Options
Granted
    Aggregate
Intrinsic
Value
of Options
Exercised
(In  thousands)
 

Outstanding at January 1, 2011

    4,000,526      $ 6.26       

Granted

    429,963        7.11      $ 4.07     

Exercised

    (560,132     4.09        $ 2,485   

Cancelled

    (602,519     6.99       
 

 

 

       

Outstanding at December 31, 2011

    3,267,838        6.61       

Granted

    425,150        6.10        3.35     

Exercised

    (231,403     4.52          443   

Cancelled

    (305,954     7.10       
 

 

 

       

Outstanding at December 31, 2012

    3,155,631        6.65       

Granted

    1,058,700        10.20        5.63     

Exercised

    (956,633     6.68          5,774   

Cancelled

    (30,531     8.75       
 

 

 

       

Outstanding at December 31, 2013

    3,227,167        7.78       
 

 

 

       
Schedule of Information Regarding Stock Options Outstanding

Information regarding stock options outstanding at December 31, 2013, 2012, and 2011 is summarized below:

 

     Number of
Shares
     Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Life (years)
     Aggregate
Intrinsic
Value
(In millions)
 

December 31, 2011

           

Options outstanding

     3,267,838       $         6.61         5.53       $         1.3   

Options vested and expected to vest using estimated forfeiture rates

     3,151,950         6.62         5.44         1.3   

Options exercisable

     2,377,683         6.99         4.61         0.8   

December 31, 2012

           

Options outstanding

     3,155,631       $ 6.65         5.24       $ 3.5   

Options vested and expected to vest using estimated forfeiture rates

     3,019,979         6.67         5.17         3.4   

Options exercisable

     2,329,987         6.91         4.69         2.5   

December 31, 2013

           

Options outstanding

     3,227,167       $ 7.78         5.46       $ 9.9   

Options vested and expected to vest using estimated forfeiture rates

     2,994,044         7.61         5.41         9.6   

Options exercisable

     1,774,546         6.67         4.95         7.5   
Additional Information Regarding Options Outstanding

Additional information regarding options outstanding as of December 31, 2013 is as follows:

 

    

Options Outstanding

    

Options Exercisable

 

Range of

Exercise

  Prices

  

Number
Outstanding

  

Weighted
Average
Remaining
Contractual
Life (Years)

   Weighted
Average
Exercise
Price
    

Number
Exercisable

   Weighted
Average
Exercise
Price
 

$  2.70 - $3.81

   25,630    5.20    $ 2.84       25,630    $ 2.84   

      3.85 - 3.85

   600,000    5.87      3.85       600,000      3.85   

      4.17 - 6.11

   417,541    4.97      5.49       335,700      5.49   

      6.12 - 6.39

   378,000    5.55      6.20       145,265      6.18   

      6.41 - 8.61

   437,184    4.77      7.48       361,832      7.58   

      8.71 - 9.20

   153,712    3.92      9.13       122,119      9.11   

      9.53 - 9.53

   850,000    6.18      9.53       0      0.00   

  10.24 - 14.80

   250,100    5.72      13.79       69,000      14.02   

  15.12 - 15.12

   15,000    3.62      15.12       15,000      15.12   

  16.57 - 16.57

   100,000    3.74      16.57       100,000      16.57   
  

 

        

 

  

$2.70 - $16.57

   3,227,167    5.46    $     7.78       1,774,546    $         6.67   
  

 

        

 

  
Schedule of Restricted Stock Units Activity

RSU activity for the years ended December 31, 2013, 2012, and 2011 was as follows:

 

     Number
    of Shares    
     Weighted
Average
Grant Date
    Fair Value     
       Fair Value
of Released

RSU’s
    (In thousands)    
 

Outstanding at January 1, 2011

     417,923           

Awarded

     243,908       $ 6.61        

Released

     (159,384         $ 1,163   

Forfeited

     (94,682        
  

 

 

         

Outstanding at December 31, 2011

     407,765           
          

Awarded

     555,911         6.64        
          

Released

     (203,519           1,128   
          

Forfeited

     (51,506        
  

 

 

         

Outstanding at December 31, 2012

     708,651           
          

Awarded

     294,150         7.12        
          

Released

     (303,882           2,806   
          

Forfeited

     (30,863        
  

 

 

         

Outstanding at December 31, 2013

     668,056           
  

 

 

         
Schedule of Information Regarding Restricted Stock Unit Outstanding

Information regarding RSU’s at December 31, 2013, 2012, and 2011 is summarized below:

 

     Number of
      Shares      
     Weighted
Average
Remaining
Contractual
    Life (years)     
     Aggregate
Intrinsic
Value
  (In millions)  
     Fair Value
  (In millions)  
 

December 31, 2011

           

RSUs outstanding

     407,765         0.95       $             2.1       $                 2.1   

RSUs vested and expected to vest using estimated forfeiture rates

     336,454         0.92       $ 1.7      

December 31, 2012

           

RSUs outstanding

     708,651         1.09       $ 4.9       $ 4.9   

RSUs vested and expected to vest using estimated forfeiture rates

     588,170         1.05       $ 4.0      

December 31, 2013

           

RSUs outstanding

     668,056         0.91       $ 6.9       $ 6.9   

RSUs vested and expected to vest using estimated forfeiture rates

     583,711         0.89       $ 6.1      
Schedule of Restricted Stock Awards Activity

Restricted stock award activity for the years ended December 31, 2013, 2012, and 2011 was as follows:

 

     Number
    of Shares    
    Weighted
Average
Grant Date
Fair Value
     Total
Fair
Value of
Awards
Released
(In thousands)
 

Outstanding at January 1, 2011

     18,000      $             5.59      

Awarded

     30,000        6.61      

Released

     (21,000     5.74       $     159   

Forfeited

     (9,000     6.61      
  

 

 

      

Outstanding at December 31, 2011

     18,000        6.61      

Awarded

     57,750        5.70      

Released

     (31,750     6.72         171   

Forfeited

     0        
  

 

 

      

Outstanding at December 31, 2012

     44,000        5.34      

Awarded

     44,000        14.09      

Released

     (44,000     5.34         676   

Forfeited

     0        
  

 

 

      

Outstanding at December 31, 2013

     44,000        14.09      
  

 

 

      
Schedule of Stock Option and Employee Stock Purchase Plan, Valuation Assumptions

The assumptions used to value option grants and shares under the ESPP are as follows:

 

                     Options                        Employee Stock Purchase Plan    
    

2013

 

2012

 

2011

 

2013

 

2012

 

2011

Expected life (in years)

   4.9   4.5   4.5   0.5   0.5   0.5

Interest rate

   0.8%   0.7%   0.8%   0.1%   0.1%   0.2%

Volatility

   70%   70%   72%   67%   62%   45%

Dividend yield

   0.0%   0.0%   0.0%   0.0%   0.0%   0.0%
Schedule of Stock-Based Compensation

Total stock-based compensation recognized in the consolidated statements of operations is as follows:

 

    

Year Ended December 31,

 
    

2013

    

2012

    

2011

 

Income Statement Classifications

   (In thousands)  

Sales and marketing

   $ 747       $ 547       $ 526   

Research and development

     1,040         756         825   

General and administrative

     2,857         1,843         2,204   
  

 

 

    

 

 

    

 

 

 

Total

   $             4,644       $             3,146       $             3,555