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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2012
Employee Benefit Plans [Abstract]  
Amounts recorded as expense in the consolidated statement of operations
                                 
    Three Months Ended June 30,     Six Months Ended June 30,  
    2011     2012     2011     2012  
         

Cost of revenue

  $ 59     $ 104     $ 123     $ 151  

Technology and development

    67       79       134       137  

Sales and marketing

    104       136       213       224  

General and administrative

    345       796       729       1,162  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 575     $ 1,115     $ 1,199     $ 1,674  
   

 

 

   

 

 

   

 

 

   

 

 

 
Summary of weighted-average fair value of stock options granted
                                 
    Three Months Ended June 30,     Six Months Ended June 30,  
    2011     2012     2011     2012  
         

Stock options granted (in thousands)

    32       79       138       871  
         

Weighted average fair value at date of grant

  $ 6.42     $ 5.46     $ 6.09     $ 5.35  
Stock option activity
                                 
    Shares     Weighted average
exercise price
    Remaining
contractual term
(years)
    Aggregate intrinsic
value (dollars in
thousands)
 

December 31, 2011

    4,540     $ 7.29       6.62     $ 10,888  

Granted

    871       9.69                  

Exercised

    (8     1.00                  

Forfeited

    (160     7.86                  
   

 

 

                         

Outstanding as of June 30, 2012

    5,243     $ 7.68       6.72     $ 38,665  
   

 

 

                         

Vested and expected to vest at June 30, 2012

    4,451     $ 7.62       6.31     $ 29,845  

Exercisable at June 30, 2012

    4,196     $ 7.32       6.07     $ 28,690  
Calculated fair value of option award using the Black-Scholes option pricing model
                 
    Three Months Ended June 30,   Six Months Ended June 30,
    2011   2012   2011   2012

Fair value of underlying stock per share

  $12.10   $10.66   $10.98 - 12.10   $9.59 - 10.66

Expected volatility

  54.72 - 54.77%   54.63 - 54.75%   54.72 - 56.09%   54.63 - 56.14%

Risk-free interest rate

  2.18 - 2.23%   0.95 - 0.98%   2.18 - 2.72%   0.94 - 1.74%

Expected term

  5.90 - 6.07 years   5.94 - 6.08 years   5.47 - 6.08 years   5.27 - 8.50 years

Dividend yield

  —  %   —  %   —  %   —  %