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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of stock option activity
A summary of stock option activity for the six months ended June 30, 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

 
 
 
 
Assumed options from acquisition
9,182

 
14.50

 
 
 
 
Granted
710,381

 
170.02

 
 
 
 
Exercised
(2,170,457
)
 
9.10

 
 
 
 
Canceled or expired
(166,991
)
 
12.34

 
 
 
 
Outstanding—June 30, 2013
6,633,965

 
$
28.00

 
6.95
 
$
997,105

Options vested and expected to vest as of June 30, 2013
6,306,705

 
$
25.00

 
6.87
 
$
966,837

Options vested and exercisable as of June 30, 2013
3,281,054

 
$
6.59

 
6.04
 
$
563,399

Summary of RSU activity
A summary of RSU activity for the six months ended June 30, 2013 is as follows:
 
 
Number of
Shares
 
Weighted-
Average
Grant Date
Fair Value
Unvested—December 31, 2012
3,239,272

 
$
94.69

Granted
1,510,644

 
172.52

Vested and issued
(484,373
)
 
96.85

Canceled
(171,818
)
 
116.32

Unvested—June 30, 2013
4,093,725

 
$
122.25

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
June 30,
 
Six Months Ended
June 30,
 
2013
 
2012
 
2013
 
2012
Cost of revenue
$
3,913

 
$
1,236

 
$
6,719

 
$
2,037

Sales and marketing
8,843

 
4,327

 
15,704

 
7,195

Product development
24,885

 
10,572

 
42,523

 
16,461

General and administrative
10,713

 
3,188

 
17,347

 
6,256

Total stock-based compensation
48,354

 
19,323

 
82,293

 
31,949

Tax benefit from stock-based compensation
(13,465
)
 
(3,762
)
 
(22,754
)
 
(6,603
)
Total stock-based compensation, net of tax effect
$
34,889

 
$
15,561

 
$
59,539

 
$
25,346