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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2012
Income Taxes [Abstract]  
Schedule of provision for income taxes
                         
    Year Ended December 31,  
    2012     2011     2010  
    (In thousands)  

Current:

                       

Federal

  $ 12,981     $ 3,605     $ —    

State and local

    2,138       2,793       355  

Foreign

    1,315       1,194       1,348  
   

 

 

   

 

 

   

 

 

 

Total current provision

    16,434       7,592       1,703  
   

 

 

   

 

 

   

 

 

 

Deferred:

                       

Federal

    8,951       20,531       14,494  

State and local

    1,238       2,890       3,170  

Foreign

    (6 )      16       115  
   

 

 

   

 

 

   

 

 

 

Total deferred provision

    10,183       23,437       17,779  
   

 

 

   

 

 

   

 

 

 

Provision for income taxes

  $ 26,617     $ 31,029     $ 19,482  
   

 

 

   

 

 

   

 

 

 
Difference between the Company's reported provision for income taxes and the U.S. federal statutory rate
                         
    Year Ended December 31,  
    2012     2011     2010  

U.S. federal tax at statutory rate

    35.0 %      35.0 %      35.0 % 
       

State and local taxes—net of federal benefit

    2.4       5.2       4.6  

Release of previously unrecognized tax benefits

    (7.8 )      —         —    

Other, net

    1.1       (0.8 )      (1.4 ) 
   

 

 

   

 

 

   

 

 

 

Provision for income taxes

    30.7 %      39.4 %      38.3 % 
   

 

 

   

 

 

   

 

 

 
Summary of company's net deferred tax assets
                 
    As of December 31,  
    2012     2011  
    (In thousands)  

Deferred tax assets

               

U.S net operating loss carryforwards

  $ 7,175     $ 4,589  

Foreign net operating loss carryforwards

    160       165  

Stock compensation expense

    5,296       5,312  

Other

    2,839       3,280  
   

 

 

   

 

 

 

Total deferred tax assets

    15,470       13,346  

Valuation allowance

    (727 )      (287 ) 
   

 

 

   

 

 

 

Net deferred tax assets

    14,743       13,059  

Deferred tax liabilities

               

Depreciation and amortization

    (2,025 )      (1,905 ) 

Capitalized software development costs

    (2,752 )      (1,980 ) 

Intangible assets

    (524 )      (1,085 ) 
   

 

 

   

 

 

 

Deferred tax assets, net

  $ 9,442     $ 8,089  
   

 

 

   

 

 

 
Summary of changes in valuation allowance
                         
    Year Ended December 31,  
    2012     2011     2010  
    (In thousands)  

Valuation allowance at beginning of year

  $ 287     $ 249     $ 666  

Increase (decrease) to valuation allowance attributable to:

                       

Net operating losses

    440       38       (132 ) 

Tax credits

    —         —         (285 ) 
   

 

 

   

 

 

   

 

 

 

Valuation allowance at end of year

  $ 727     $ 287     $ 249  
   

 

 

   

 

 

   

 

 

 
Reconciliation of the unrecognized tax benefits
                         
    Year Ended December 31,  
    2012     2011     2010  
    (In thousands)  

Balance at beginning of year

  $ 3,647     $ 3,329     $ 2,924  

Additions for tax positions of prior years

    —         366       277  

Additions for tax positions of current year

    —         —         128  

Reductions for tax positions of prior years

    (3,598 )      (48 )      —    
   

 

 

   

 

 

   

 

 

 

Balance at end of year

  $ 49     $ 3,647     $ 3,329