STOCK-BASED COMPENSATION

6 Months Ended

Jun. 30, 2014

Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]

In the three-month periods ended June 30, 2014 and 2013, the Company recognized stock-based compensation of $4.8 million. In the six-month periods ended June 30, 2014 and 2013, the Company recognized stock-based compensation of $9.6 million and $9.4 million, respectively.

The following table summarizes, by statement of comprehensive income line item, the impact of stock-based compensation and the related income tax benefits recognized in the three- and six-month periods ended June 30, 2014 and 2013 (in thousands):



	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Sales and marketing	$	1,371		$	1,389		$	2,532		$	2,547
General and administrative	1,987			2,304			4,390			4,558
Technology	1,470			1,140			2,655			2,245
Total stock-based compensation	4,828			4,833			9,577			9,350
Related income tax benefits	(1,804		)	(1,920		)	(3,746		)	(4,008		)
Stock-based compensation, net of tax benefits	$	3,024		$	2,913		$	5,831		$	5,342

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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