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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2012
Stockholders' Equity Note [Abstract]  
Summary Of Activity Related To Stock Option Plans
A summary of the activity related to the Company’s stock option plans during the three months ended March 31, 2012 is as follows:
 
 
 
 
Options Outstanding
 
 
 
 
 
Shares
Available
for Grant
 
Number of
Shares
 
Weighted-
Average
Exercise Price
 
Weighted-Average
Remaining
Contractual Term
(in Years)
 
Aggregate
Intrinsic Value
(in Thousands)
Balances as of December 31, 2011
7,013,508

 
2,957,754

 
$
66.59

 
 
 
 
Granted
(347,367
)
 
347,367

 
97.75

 
 
 
 
Exercised

 
(117,016
)
 
10.47

 
 
 
 
Canceled
48

 
(48
)
 
35.95

 
 
 
 
Expired
(1,160,721
)
 

 

 
 
 
 
Balances as of March 31, 2012
5,505,468

 
3,188,057

 
72.04

 
6.61
 
$
183,361

Vested and exercisable at March 31, 2012
 
 
3,188,057

 
72.04

 
6.61
 
$
183,361

Summary Of Assumptions Used To Value Stock Option Grants Using Lattice-Binomial Model
The following table summarizes the assumptions used to value stock option grants using the lattice-binomial model:

 
Three Months Ended
 
March 31,
2012
 
March 31,
2011
Dividend yield
%
 
%
Expected volatility
65
%
 
52
%
Risk-free interest rate
1.97
%
 
3.42
%
Suboptimal exercise factor
2.26 - 3.65

 
2.17 – 3.39

Summary Of Stock-Based Compensation Expense
The following table summarizes stock-based compensation expense, net of tax, related to stock option plans which was allocated as follows:
 
 
Three Months Ended
 
March 31,
2012
 
March 31,
2011
 
(in thousands)
Fulfillment expenses
$
67

 
$
560

Marketing
1,404

 
1,249

Technology and development
10,600

 
5,292

General and administrative
7,261

 
5,163

Stock-based compensation expense before income taxes
19,332

 
12,264

Income tax benefit
(6,708
)
 
(4,744
)
Stock-based compensation after income taxes
$
12,624

 
$
7,520