XML 45 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2014
Accounting Policies [Abstract]  
Schedule of Revenue by Geographic Areas

The Company’s revenue by geography (based on customer address) is as follows (in thousands):

 

     Three Months Ended June 30,      Six Months Ended June 30,  
     2013      2014      2013      2014  

Revenues:

           

United States

   $ 26,695      $ 36,465       $ 51,483      $ 68,870   

United Kingdom

     3,643        4,918        7,106        9,325  

International - all other

     10,332        13,592        19,518        25,800  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total revenue

   $ 40,670      $ 54,975       $ 78,107      $ 103,995   
  

 

 

    

 

 

    

 

 

    

 

 

 

Schedule of Options to Purchase Common Shares and Restricted Stock Units

The Company excluded the following options to purchase common shares and restricted stock units from the computation of diluted net (loss) income per share either because they had an anti-dilutive impact or because the Company had a net loss in the period (in thousands):

 

     Three Months Ended June 30,      Six Months Ended June 30,  
     2013      2014      2013      2014  

Options to purchase common shares

     2,947         50         2,947         457   

Restricted stock units

     1,134         71         1,134         408   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total options and restricted stock units

     4,081            121         4,081            865   
  

 

 

    

 

 

    

 

 

    

 

 

 
Reconciliation of Basic and Diluted Net (Loss) Income per Share

Basic and diluted net (loss) income per share was calculated as follows (in thousands, except share and per share data):

 

     Three Months Ended
June 30, 2013
    Six Months Ended
June 30, 2013
 

Basic and diluted net loss per share:

    

Net loss

   $ (1,360   $ (7,167
  

 

 

   

 

 

 

Weighted average common shares outstanding

     24,262,417        24,485,429   
  

 

 

   

 

 

 

Basic and diluted net loss per share

   $ (0.06   $ (0.29
  

 

 

   

 

 

 

 

     Three Months Ended
June 30, 2014
     Six Months Ended
June 30, 2014
 

Basic:

     

Net income

   $ 1,330       $ 2,334   
  

 

 

    

 

 

 

Weighted average common shares outstanding, basic

     24,425,081         24,134,686   
  

 

 

    

 

 

 

Net income per share, basic

   $ 0.05       $ 0.10   
  

 

 

    

 

 

 

Diluted:

     

Net income

   $ 1,330       $ 2,334   
  

 

 

    

 

 

 

Weighted average common shares outstanding

     24,425,081         24,134,686   

Add: Options to purchase common shares and restricted stock units

     734,259         755,044   
  

 

 

    

 

 

 

Weighted average common shares outstanding, diluted

     25,159,340         24,889,730   
  

 

 

    

 

 

 

Net income per share, diluted

   $ 0.05       $ 0.09