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Stock-Based Compensation Plans (Tables)

9 Months Ended

Sep. 30, 2014

Summary of Stock Options Issued Pursuant to Stock Incentive Plans

A summary of stock options issued pursuant to the Company’s stock incentive plans is as follows:


	Number of Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value of In-the-Money Options
Outstanding as of December 31, 2013		7,408,821		$	11.02
Granted		27,132			20.13
Exercised		(1,371,369	)		8.09
Forfeited or expired		(95,886	)		17.30

Outstanding as of September 30, 2014		5,968,698		$	11.64		5.47	$	44,151,829

Exercisable as of September 30, 2014		4,208,882		$	9.39		4.16	$	39,428,761

Estimated Fair Value of Options Granted using Black-Scholes Option-Pricing Model with Weighted-Average Assumptions

The fair value of options granted during the nine months ended September 30, 2014 and the three and nine months ended September 30, 2013 was estimated on the date of grant using the Black-Scholes option-pricing model, a pricing model acceptable under U.S. GAAP, with the following weighted-average assumptions:


	Nine Months Ended September 30, 2014			Three Months Ended September 30, 2013			Nine Months Ended September 30, 2013
Expected life (years)		5.93			5.55			8.64
Interest rate		1.8	%		1.7	%		1.8	%
Volatility		45.2	%		47.1	%		47.6	%
Dividend yield		—			—			—

Summary of Nonvested Long-Term Incentive Program Performance Share Awards Outstanding and Changes During Period

A summary of nonvested long-term incentive program performance share awards (“LTIP performance shares”) outstanding as of September 30, 2014 and changes during the period are as follows:


Nonvested LTIP Performance Shares	Number of Shares at Expected Attainment			Weighted- Average Grant Date Fair Value
Nonvested as of December 31, 2013		2,718,576		$	13.79
Granted		19,065			20.13
Forfeited		(91,265	)		15.91
Vested		(635,643	)		8.88
Change in attainment for 2010 grants		26,226			8.88

Nonvested as of September 30, 2014		2,036,959		$	15.22

Summary of Nonvested Restricted Share Awards and Changes During Period

A summary of nonvested restricted share awards (“RSAs”) as of September 30, 2014 and changes during the period are as follows:


Nonvested Restricted Share Awards	Number of Restricted Share Awards			Weighted-Average Grant Date Fair Value
Nonvested as of December 31, 2013		145,065		$	14.91
Granted		106,275			18.57
Vested		(60,916	)		14.92
Forfeited		(1,461	)		20.51

Nonvested as of September 30, 2014		188,963		$	16.92

Online Resources Corporation

Summary of Stock Options Issued Pursuant to Stock Incentive Plans

A summary of transaction stock options issued pursuant to the ORCC Incentive Plan is as follows:


	Number of Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value of In-the-Money Options
Outstanding as of December 31, 2013		62,445		$	35.03
Exercised		(909	)		13.92
Forfeited or Expired		(13,425	)		30.59

Outstanding as of September 30, 2014		48,111		$	36.67		1.81	$	33,643

Exercisable as of September 30, 2014		48,111		$	36.67		1.81	$	33,643

S1 2003 Stock Incentive Plan

Summary of Nonvested Restricted Share Awards and Changes During Period

A summary of nonvested Transaction RSAs issued under the S1 2003 Stock Incentive Plan as of September 30, 2014 and changes during the period are as follows:


Nonvested Transaction Restricted Share Awards	Number of Restricted Share Awards			Weighted-Average Grant Date Fair Value
Nonvested as of December 31, 2013		57,552		$	11.80
Forfeited		(17,924	)		11.80

Nonvested as of September 30, 2014		39,628		$	11.80