Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes

The provision for income taxes from continuing operations consists of the following:

	Year Ended December 31,
	2013			2012			2011
	(In thousands)
Current:
Federal	$	26,071		$	14,402		$	6,187
State and local		5,958			2,287			2,849
Foreign		1,014			1,315			1,194
Total current provision		33,043			18,004			10,230
Deferred:
Federal		5,507			8,542			19,090
State and local		812			1,046			2,667
Foreign		(645	)		(6	)		16
Total deferred provision		5,674			9,582			21,773
Provision for income taxes	$	38,717		$	27,586		$	32,003

Difference Between the Company's Reported Provision for Income Taxes and the U.S. Federal Statutory Rate

The difference between the Company’s reported provision for income taxes and the U.S. federal statutory rate of 35% is as follows:

	Year Ended December 31,
	2013			2012			2011
U.S. federal tax at statutory rate		35.0	%		35.0	%		35.0	%
State and local taxes—net of federal benefit		4.1			2.4			4.9
Release of previously unrecognized tax benefits		—			(7.5	)		—
Other, net		(3.0	)		1.0			(0.6	)
Provision for income taxes		36.1	%		30.9	%		39.3	%

Summary of Company's Net Deferred Tax Assets

The following is a summary of the Company’s net deferred tax assets:

	As of December 31,
	2013			2012
	(In thousands)
Deferred tax assets
U.S. net operating loss carryforwards	$	4,273		$	7,175
Foreign net operating loss carryforwards		101			160
Capital loss carryforwards		7,487			—
Stock compensation expense		6,022			5,296
Other		3,206			2,839
Total deferred tax assets		21,089			15,470
Valuation allowance		(7,743	)		(727	)
Net deferred tax assets		13,346			14,743
Deferred tax liabilities
Depreciation and amortization		(1,905	)		(2,025	)
Capitalized software development costs		(4,163	)		(2,752	)
Intangible assets		(2,331	)		(524	)
Deferred tax assets, net	$	4,947		$	9,442

Summary of Changes in Valuation Allowance

A summary of the changes in the valuation allowance follows:

	Year Ended December 31,
	2013			2012		2011
	(In thousands)
Valuation allowance at beginning of year	$	727		$	287	$	249
Increase (decrease) to valuation allowance attributable to:
Current year income		(65	)		440		38
State net operating loss		(406	)		—		—
Capital loss		7,487			—		—
Valuation allowance at end of year	$	7,743		$	727	$	287

Reconciliation of the Unrecognized Tax Benefits

A reconciliation of the unrecognized tax benefits is as follows:

	Year Ended December 31,
	2013			2012			2011
	(In thousands)
Balance at beginning of year	$	49		$	3,647		$	3,329
Additions for tax positions of prior years		—			—			366
Additions for tax positions of current year		235			—			—
Reductions for tax positions of prior years		(19	)		(3,598	)		(48	)
Balance at end of year	$	265		$	49		$	3,647