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Stock Plans (Tables)
6 Months Ended
Jun. 30, 2012
Stock Plans [Abstract]  
Schedule Of Share-Based Compensation Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

2012

 

 

2011

 

 

2012

 

2011

Cost of revenues

 

$

102

 

 

$

72

 

 

$

187

 

 

$

118

 

Sales and marketing

 

 

419

 

 

 

282

 

 

 

710

 

 

 

435

 

General and administrative

 

 

1,740

 

 

 

1,169

 

 

 

3,148

 

 

 

2,006

 

Research and development

 

 

172

 

 

 

136

 

 

 

305

 

 

 

227

 

Total share-based compensation expense

 

$

2,433

 

 

$

1,659

 

 

$

4,350

 

 

$

2,786

 

Schedule Of Assumptions Used In Determining The Fair Value Of Service-Based Stock Option Awards

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended

June 30, 2012

 

Year ended

December 31, 2011

 

Expected volatility

 

 

63.31-63.96

%

 

 

62.85-64.42

%

 

Expected dividends

 

 

—

 

 

 

—

 

 

Expected term (in years)

 

 

3.00 - 6.25

 

 

 

3.00 - 6.25

 

 

Risk-free rate

 

 

0.44-1.49

%

 

 

0.71-2.88

%

 

Summary Of Activity Of Stock Options Under All Plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding Options

 

 

 

 

 

 

 

 

Shares

 

Wtd. Avg.

Exercise

Price

 

Wtd. Avg.

remaining contractual life in years

 

 

 

Aggregate Intrinsic Value

(in thousands)

 

 

Outstanding at December 31, 2011

 

 

2,865,390

 

 

$

15.73

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

443,996

 

 

$

28.80

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(197,320)

 

 

$

14.99

 

 

 

 

 

 

 

$

2,905

 

 

Forfeited or expired

 

 

(390,875)

 

 

$

34.75

 

 

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2012

 

 

2,721,191

 

 

$

15.19

 

 

 

6.37

 

 

 

$

37,957

 

 

Exercisable at June 30, 2012

 

 

1,092,820

 

 

$

14.26

 

 

 

4.32

 

 

 

$

16,297

 

 

Summary Of Unvested Stock Options

 

 

 

 

 

 

 

 

 

 

 

Unvested Shares

 

 

 

 

Shares

 

Wtd. Avg.

Grant Date

Fair Value

Unvested at December 31, 2011

 

 

1,657,618

 

 

$

6.68

 

Granted

 

 

443,996

 

 

 

16.78

 

Vested

 

 

(454,368)

 

 

 

8.08

 

Forfeited or expired

 

 

(18,875)

 

 

 

12.34

 

Unvested at June 30, 2012

 

 

1,628,371

 

 

$

8.97

 

Summary Of Activity Of Restricted Stock Awards And Restricted Stock Units

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted Stock Units

 

 

Restricted Stock Awards

 

Wtd. Avg.

Grant Date Fair Value

 

Outstanding/unvested balance at December 31, 2011

 

 

189,650

 

 

 

 

7,104

 

 

$

22.11

 

Awarded

 

 

127,750

 

 

 

 

6,036

 

 

$

28.84

 

Released/vested

 

 

(50,206)

 

 

 

 

(7,104)

 

 

$

21.67

 

Forfeited/cancelled

 

 

(150)

 

 

 

 

—

 

 

$

31.25

 

Outstanding/unvested balance at June 30, 2012

 

 

267,044

 

 

 

 

6,036

 

 

$

25.50