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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2011
Income Taxes [Abstract]  
Schedule of provision for income taxes
                         
    Year Ended December 31,  
    2011     2010     2009  
    (In thousands)  

Current:

                       

Federal

  $ 3,605     $     $ (308

State and local

    2,793       355       57  

Foreign

    1,194       1,348       2,022  
   

 

 

   

 

 

   

 

 

 

Total current provision

    7,592       1,703       1,771  
   

 

 

   

 

 

   

 

 

 

Deferred:

                       

Federal

    20,531       14,494       6,763  

State and local

    2,890       3,170       5,014  

Foreign

    16       115       399  
   

 

 

   

 

 

   

 

 

 

Total deferred provision

    23,437       17,779       12,176  
   

 

 

   

 

 

   

 

 

 

Provision for income taxes

  $ 31,029     $ 19,482     $ 13,947  
   

 

 

   

 

 

   

 

 

 
Difference between the Company's reported provision for income taxes and the U.S. federal statutory rate
                         
    Year Ended
December 31,
 
    2011     2010     2009  

U.S. federal tax at statutory rate

    35.0     35.0     35.0

State and local taxes — net of federal benefit

    5.2       4.6       6.1  

Stock compensation

    (0.1     (0.1     1.2  

Change in rates for deferred tax assets

    (0.2     (0.1     5.2  

Tax-exempt interest income

    (0.0     (0.1     (0.6

Other, net

    (0.5     (1.1     (0.5
   

 

 

   

 

 

   

 

 

 

Provision for income taxes

    39.4     38.3     46.4
   

 

 

   

 

 

   

 

 

 
Summary of company's net deferred tax assets
                 
    As of December 31,  
    2011     2010  
    (In thousands)  

Deferred tax assets

               

U.S net operating loss carryforwards

  $ 4,589     $ 6,935  

Foreign net operating loss carryforwards

    165       237  

Depreciation and amortization

          789  

Stock compensation expense

    5,312       6,945  

Tax credits

          6,035  

Other

    3,280       1,958  
   

 

 

   

 

 

 

Total deferred tax assets

    13,346       22,899  

Valuation allowance

    (287     (249
   

 

 

   

 

 

 

Net deferred tax assets

    13,059       22,650  

Deferred tax liabilities

               

Depreciation and amortization

    (1,905      

Capitalized software development costs

    (1,980     (1,210

Intangible assets

    (1,085     (1,627
   

 

 

   

 

 

 

Deferred tax assets, net

  $ 8,089     $ 19,813  
   

 

 

   

 

 

 
Summary of changes in valuation allowance
                         
    Year Ended December 31,  
    2011     2010     2009  
    (In thousands)  

Valuation allowance at beginning of year

  $ 249     $ 666     $ 567  

Increase (decrease) to valuation allowance attributable to:

                       

Net operating losses

    38       (132     39  

Temporary differences

                186  

Tax credits

          (285     (126
   

 

 

   

 

 

   

 

 

 

Valuation allowance at end of year

  $ 287     $ 249     $ 666  
   

 

 

   

 

 

   

 

 

 
Reconciliation of the unrecognized tax benefits
                         
    2011     2010     2009  
    (In thousands)  

Balance at beginning of year

  $ 3,329     $ 2,924     $ 2,685  

Additions for tax positions of prior years

    366       277       239  

Additions for tax positions of current year

          128        

Reductions for tax positions of prior years

    (48            
   

 

 

   

 

 

   

 

 

 

Balance at end of year

  $ 3,647     $ 3,329     $ 2,924