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Common Stock and Stock-Based Compensation Plans (Tables)
6 Months Ended
Jun. 30, 2012
Common Stock and Stock-Based Compensation Plans [Abstract]  
Summary of stock option activity and related information
                                 
    Number of
options
    Weighted
average
exercise

price
    Weighted
average
remaining

contractual
term
    Aggregate
intrinsic-
value
 

Outstanding as of March 31, 2012

    1,864,858     $ 15.79                  

Granted

    165,000       17.38                  

Exercised

    (7,615     8.06                  

Forfeited or expired

    (3,447     23.79                  
   

 

 

   

 

 

                 

Outstanding as of June 30, 2012

    2,018,796     $ 15.93       4.9     $ 3,383,254  
   

 

 

   

 

 

   

 

 

   

 

 

 

Exercisable as of June 30, 2012

    1,134,037     $ 11.84       3.7     $ 6,548,109  
   

 

 

   

 

 

   

 

 

   

 

 

 
Equity-based compensation expense included in interim condensed consolidated statements of comprehensive income
                                 
    Six months ended
June 30,
    Three months ended
June 30,
 
    2012     2011     2012     2011  
    (unaudited)     (unaudited)     (unaudited)     (unaudited)  

Cost of revenue

  $ 104     $ 110     $ 53     $ 61  

Research and development, net

    859       862       394       484  

Sales and marketing

    439       456       200       255  

General and administrative

    920       697       430       371  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total equity-based compensation expense

  $ 2,322     $ 2,125     $ 1,077     $ 1,171  
   

 

 

   

 

 

   

 

 

   

 

 

 
Assumptions used to estimate stock options granted to employees and non-employees directors
                 
    Three months ended
June 30,
 
    2012     2011  
    (unaudited)     (unaudited)  

Expected dividend yield

    0     0

Expected volatility

    47%-58     39%-56

Risk-free interest rate

    0.2%-1.2     0.2%-2.5

Expected forfeiture (employees)

    10     10

Expected forfeiture (executives)

    5     5

Contractual term of up to

    10 Years       10 Years  

Suboptimal exercise multiple (employees)

    2.1       2.0  

Suboptimal exercise multiple (executives)

    2.4       2.3