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Noncash Share-based Compensation (Note)
6 Months Ended
Jun. 30, 2013
Noncash Share-based Compensation [Abstract]  
Noncash Share-based Compensation
4. Noncash Share-based Compensation

During the three months ended June 30, 2013, the Company granted 14,750 shares of RSUs with a weighted average grant-date fair value of $28.87 per share. The Company did not grant stock options, SARs or MSUs during the three months ended June 30, 2013.

During the six months ended June 30, 2013, the Company granted 794,600 shares of RSUs with a weighted average grant-date fair value of $19.77 per share. The Company granted 270,000 MSUs with a weighted average grant-date fair value of $40.58 to certain executive officers and non-executive employees during the six months ended June 30, 2013. These MSU's vest on January 1, 2016 and the actual number of MSUs that will be eligible to vest is based on the total shareholder return of the Company relative to the total shareholder return of the Index over the Performance Period, as defined by each award's plan documents. The Company did not grant any stock options or SARs during the six months ended June 30, 2013.

Share-based compensation expense is allocated to expense categories on the unaudited condensed consolidated statements of comprehensive income. The following table summarizes share-based compensation expense included in the Company’s unaudited condensed consolidated statements of comprehensive income for the three and six months ended June 30, 2013 and 2012:
 
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2013
 
2012
 
2013
 
2012
Share-based compensation:
 
 
 
 
 
 
 
Cost of revenue:
 
 
 
 
 
 
 
License and implementation
$
534

 
$
301

 
$
996

 
$
630

Total included in cost of revenue
534

 
301

 
996

 
630

Operating expenses:
 
 
 
 
 
 
 
Selling, marketing, general and administrative
2,838

 
1,636

 
5,059

 
2,904

Research and development
767

 
503

 
1,504

 
938

Total included in operating expenses
3,605

 
2,139

 
6,563

 
3,842

Total share-based compensation expense
$
4,139

 
$
2,440

 
$
7,559

 
$
4,472


    
In February 2013, the number of shares available for issuance increased by 900,000 to 7,268,000 under an evergreen provision in our 2007 Equity Incentive Plan ("2007 Stock Plan"). As of June 30, 2013, 458,840 shares remained available for issuance under the 2007 Stock Plan. At June 30, 2013, there was an estimated $36.6 million of total unrecognized compensation costs related to share-based compensation arrangements. These costs will be recognized over a weighted average period of 2.7 years.