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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 78,709 $ 192,563
Investments 46 [1] 490 [1],[2]
Customer funds 1,097  
Customer funds receivable 18,695  
Accounts receivable, net of allowances of $5,102 and $3,258 as of December 31, 2011 and 2010, respectively 37,588 24,273
Deferred tax assets 9,171 125
Prepaid expenses and other current assets 23,011 17,804
Total current assets 168,317 235,255
Investments - long-term 89,000 2,254
Property and equipment, net 21,637 18,875
Software and website developments costs, net 37,341 29,875
Intangible assets, net 96,441 23,163
Goodwill 200,840 136,408
Deferred tax assets 34,421 1,015
Other long-term assets 12,356 12,118
Total assets 660,353 458,963
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 7,792 5,241
Accrued compensation and benefits 17,915 10,823
Accrued liabilities - other 15,487 12,511
Customer funds payable 19,792  
Deferred revenue 9,115 5,010
Deferred tax liabilities 3,443 411
Capital leases payable 255 317
Total current liabilities 73,799 34,313
Long-term liabilities    
Capital leases payable 107 165
Deferred tax liabilities 70,087 9,488
Deferred revenue 6,730 3,254
Due to acquirees 10,493  
Other liabilities 4,381 2,826
Total long-term liabilities 91,798 15,733
Total liabilities 165,597 50,046
Commitments and contingencies (Note 13)      
Stockholders' equity    
Preferred stock, $0.01 par value; 10,000,000 shares authorized and no shares issued and outstanding as of December 31, 2011 and 2010      
Common stock, $0.01 par value; 175,000,000 shares authorized; 44,957,890 shares issued and 41,858,697 shares outstanding as of December 31, 2011; and 43,748,237 shares issued and 40,673,042 shares outstanding as of December 31, 2010 450 437
Treasury stock, at cost, 3,099,193 and 3,075,195 shares as of December 31, 2011 and 2010, respectively (51,567) (51,083)
Additional paid-in capital 486,284 463,614
Accumulated other comprehensive income 6,363 7,858
Retained earnings (accumulated deficit) 53,226 (11,909)
Total stockholders' equity 494,756 408,917
Total liabilities and stockholders' equity $ 660,353 $ 458,963
[1] As of December 31, 2011 and 2010, Level 1 short-term investments include an investment in a tax-advantaged preferred security, for which we determined fair value based on the quoted market price of an underlying security.
[2] Level 3 short-term investments as of December 31, 2010 included an auction rate security invested in a tax-exempt state government obligation that was valued at par of $0.4 million, or 0.1% of our total assets. Our intent was not to hold the auction rate security invested in a tax-exempt state government obligation to maturity, but rather to use the interest reset feature to provide liquidity. In October 2010, $1.1 million of this security was redeemed by the issuer at par. Due to continued failures in the marketplace auctions, we held the remaining $0.4 million auction rate security until the maturity date in September 2011, when it was redeemed by the issuer at par.