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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of stock option activity
A summary of stock option activity for the three months ended March 31, 2013 is as follows:
 
 
Stock Option Activity
 
Weighted-Average
Remaining
Contractual Term
(in years)
 
Aggregate
Intrinsic
Value
(in thousands)
 
Number of
Shares
 
Weighted-Average
Exercise Price
 
 
 
 
Outstanding—December 31, 2012
8,251,850

 
$
10.50

 
 
 
 
Granted
698,576

 
169.94

 
 
 
 
Exercised
(1,291,004
)
 
9.35

 
 
 
 
Canceled or expired
(115,766
)
 
12.94

 
 
 
 
Outstanding—March 31, 2013
7,543,656

 
$
25.43

 
7.15
 
$
1,136,374

Options vested and expected to vest as of March 31, 2013
7,131,220

 
$
22.48

 
7.07
 
$
1,095,246

Options vested and exercisable as of March 31, 2013
3,483,625

 
$
5.38

 
6.22
 
$
594,569

Summary of RSU activity
A summary of RSU activity for the three months ended March 31, 2013 is as follows:
 
 
Number of
Shares
 
Weighted-
Average
Grant Date
Fair Value
Unvested—December 31, 2012
3,239,272

 
$
94.69

Granted
1,218,804

 
168.87

Vested and issued
(210,648
)
 
82.50

Canceled
(84,541
)
 
96.85

Unvested—March 31, 2013
4,162,887

 
$
116.98

Stock-based compensation related to stock-based awards to employees and nonemployees
The following table presents the amount of stock-based compensation related to stock-based awards to employees and nonemployees on the Company’s condensed consolidated statements of operations during the periods presented (in thousands):
 
 
Three Months Ended
March 31,
 
2013
 
2012
Cost of revenue
$
2,806

 
$
801

Sales and marketing
6,861

 
2,868

Product development
17,638

 
5,889

General and administrative
6,634

 
3,068

Total stock-based compensation
33,939

 
12,626

Tax benefit from stock-based compensation
(9,289
)
 
(2,841
)
Total stock-based compensation, net of tax effect
$
24,650

 
$
9,785