EARNINGS PER SHARE AND STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2012

EARNINGS PER SHARE AND STOCK-BASED COMPENSATION

Schedule of computation of Basic and Diluted earnings per share

	Three Months Ended September 30,
	2012				2011
	Basic		Diluted		Basic			Diluted
	(In thousands, except per share data)
Numerator:
Income (loss) from continuing operations	$	270	$	270	$	(3,406	)	$	(3,406	)
Income from discontinued operations, net of tax	4,112		4,112		16,721			16,721
Net income attributable to common shareholders	$	4,382	$	4,382	$	13,315		$	13,315
Denominator:
Weighted average common shares	11,389		12,003		11,037			11,037
Income (loss) per share:
Income (loss) from continuing operations	$	0.02	$	0.02	$	(0.31	)	$	(0.31	)
Income from discontinued operations, net of tax	0.36		0.35		1.52			1.52
Net income per common share	$	0.38	$	0.37	$	1.21		$	1.21

	Nine Months Ended September 30,
	2012						2011
	Basic			Diluted			Basic			Diluted
	(In thousands, except per share data)
Numerator:
Loss from continuing operations	$	(4,752	)	$	(4,752	)	(44,608		)	(44,608		)
Income (loss) from discontinued operations, net of tax	49,058			49,058			(16,077		)	(16,077		)
Net income (loss) available to common shareholders	$	44,306		$	44,306		$	(60,685	)	$	(60,685	)
Denominator:
Weighted average common shares	11,293			11,293			10,978			10,978
Income (loss) per share:
Loss from continuing operations	$	(0.42	)	$	(0.42	)	$	(4.06	)	$	(4.06	)
Income (loss) from discontinued operations, net of tax	4.34			4.34			(1.47		)	(1.47		)
Net income (loss) per common share	$	3.92		$	3.92		$	(5.53	)	$	(5.53	)

Schedule of non-cash compensation expense related to equity awards

Non-cash compensation expense related to equity awards is included in the following line items in the accompanying consolidated statements of operations for the three and nine months ended September 30, 2012 and 2011 (in thousands):

	Three Months Ended September 30,					Nine Months Ended September 30,
	2012		2011			2012		2011
Cost of revenue	$	2	$	(1	)	$	6	$	3
Selling and marketing expense	145		50			504		314
General and administrative expense	1,026		712			2,662		2,196
Product development	136		63			393		218
Non-cash compensation expense	$	1,309	$	824		$	3,565	$	2,731

Summary of changes in outstanding stock options

	Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
					(In years)	(In thousands)
Outstanding at January 1, 2012	1,046,746		$	9.09
Granted	150,000		7.43
Exercised	(79,660	)	7.49
Forfeited	—		—
Expired	(26,635	)	10.33
Outstanding at September 30, 2012	1,090,451		$	8.95	5.9	$	3,422
Options exercisable at September 30, 2012	248,021		$	12.26	4.2	$	513

Summary of the information about stock options outstanding and exercisable

The following table summarizes the information about stock options outstanding and exercisable as of September 30, 2012:

	Options Outstanding				Options Exercisable
Range of Exercise Prices	Outstanding at September 30, 2012	Weighted Average Remaining Contractual Life in Years	Weighted Average Exercise Price		Exercisable at September 30, 2012	Weighted Average Exercise Price
$.01 to $4.99	4,363	1.0	$	3.22	4,363	$	3.22
$5.00 to $7.45	306,821	8.9	6.65		54,241	5.92
$7.46 to $9.99	635,597	5.3	8.42		45,747	7.63
$10.00 to $14.99	16,117	2.0	12.37		16,117	12.37
$15.00 to $19.99	80,890	2.7	15.02		80,890	15.02
$20.00 to $24.99	46,663	2.7	20.19		46,663	20.19
	1,090,451	5.9	$	8.95	248,021	$	12.26

Schedule of non-vested RSUs and restricted stock outstanding as at the end of the period and changes during the reporting period

Nonvested RSUs and restricted stock outstanding as of September 30, 2012 and changes during the nine months ended September 30, 2012 were as follows:

	RSUs				Restricted Stock
	Number of Shares		Weighted Average Grant Date Fair Value		Number of Shares		Weighted Average Grant Date Fair Value
Nonvested at January 1, 2012	933,051		$	6.48	299,642		$	6.70
Granted	343,218		11.09		—		—
Vested	(318,429	)	7.19		(112,142	)	5.45
Forfeited	(104,495	)	6.68		—		—
Nonvested at September 30, 2012	853,345		$	8.09	187,500		$	7.44