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Stock-based Compensation Plans and Awards (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock-based Payment Award, Stock Options, Valuation Weighted Average Assumptions

 

 

Year ended December 31,

 

 

    

2015

    

2014

    

2013

 

Expected life (in years)

 

5.94

 

5.89

 

5.50

 

Risk-free interest rate

 

1.69

%  

1.82

%  

0.83

%  

Expected volatility range

 

53.4

%  

54.1

%  

51

%  

Expected dividend yield

 

—

 

—

 

—

 

 

Stock Options Activity

Stock option activity is as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

average

 

 

 

 

 

 

 

 

 

Weighted

 

remaining

 

 

 

 

 

 

Number of

 

 

average

 

contractual

 

Aggregate

 

 

    

options

 

 

exercise

 

term

 

intrinsic

 

 

 

outstanding

 

 

price

 

(in years)

 

value

 

Outstanding at December 31, 2014

 

3,473

 

$

8.65

 

9.33

 

$

353

 

Options granted

 

1,056

 

$

5.37

 

 

 

 

 

 

Options exercised

 

(15)

 

$

4.39

 

 

 

 

 

 

Options forfeited or cancelled

 

(1,315)

 

$

7.40

 

 

 

 

 

 

Outstanding at December 31, 2015

 

3,199

 

$

8.10

 

8.67

 

$

409

 

Exercisable at December 31, 2015

 

861

 

$

9.21

 

7.71

 

$

39

 

Vested and expected to vest at December 31, 2015

 

2,895

 

$

8.38

 

8.62

 

$

313

 

 

Schedule of Stock-Based Compensation, Activity

Information related to stock-based compensation activity is as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31,

 

 

    

2015

    

2014

    

2013

 

Weighted average fair value of options granted (per option)

 

$

2.74

 

$

4.21

 

$

3.92

 

Intrinsic value of options exercised

 

$

13

 

$

303

 

$

2,179

 

 

Restricted Stock Unit Activity

Restricted Stock Units

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

average

 

 

 

Number of

 

grant date

 

 

    

Shares

 

fair value

 

Unvested at December 31, 2014

 

857

 

$

10.28

 

Granted

 

1,005

 

$

5.26

 

Vested

 

(278)

 

$

10.53

 

Forfeited

 

(607)

 

$

8.06

 

Unvested at December 31, 2015

 

977

 

$

6.42

 

 

Stock-based Compensation Expense

Stock-based compensation expense related to all employee and non-employee stock-based awards was as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 

 

 

 

    

2015

    

2014

    

2013

 

 

Service costs

 

$

1,084

 

$

1,422

 

$

2,420

 

 

Sales and marketing

 

 

588

 

 

683

 

 

3,823

 

 

Product development

 

 

1,836

 

 

4,745

 

 

3,835

 

 

General and administrative

 

 

4,054

 

 

12,016

 

 

12,525

 

 

Discontinued operations

 

 

 —

 

 

2,949

 

 

4,781

 

 

Total stock-based compensation

 

 

7,562

 

 

21,815

 

 

27,384

 

 

Income tax benefit related to stock-based compensation included in net income (loss)

 

 

 —

 

 

(706)

 

 

(782)

 

 

 

 

$

7,562

 

$

21,109

 

$

26,602