XML 21 R10.htm IDEA: XBRL DOCUMENT
v3.25.1

Equity | 3 Months Ended
--- | ---
Mar. 31, 2025
Stockholders' Equity Note [Abstract] |
Equity | Equity Stock Repurchase Programs – We had no stock repurchase activity during the three months ended March 31, 2025 or 2024 except for the repurchase of shares to satisfy employee tax withholding obligations. As of March 31, 2025 and 2024, we had a total o f 13.5 million and 13.0 million shares, respectively, held in treasury. As of March 31, 2025 and 2024, we had 2.8 million and 2.3 million shares, respectively, in treasury that were previously surrendered by employees to satisfy tax withholding due in connection with the vesting of certain restricted stock units as well as 10.7 million shares previously repurchased under our past repurchase programs. For accounting purposes, common stock repurchased under our stock repurchase programs is recorded based upon the settlement date of the applicable trade. Such repurchased shares are held in treasury and are presented using the cost method. Stock-Based Compensation Expense – Our stock-based compensation expense is summarized by award types for the periods presented below (in thousands):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
Restricted stock units |  |  |  |  | $ | 3,137 |  |  | $ | 4,636 |
Performance-based stock units |  |  |  |  | 446 |  |  | 407 |
Common stock options |  |  |  |  | 166 |  |  | 400 |
Employee stock purchase program |  |  |  |  | 40 |  |  | 97 |
Total stock-based compensation expense |  |  |  |  | $ | 3,789 |  |  | $ | 5,540 |
Related tax benefit recognized |  |  |  |  | $ | 910 |  |  | $ | 1,312 |
The following table summarizes stock-based compensation expense by operating function for the periods presented (in thousands):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
Marketing and advertising |  |  |  |  | $ | 497 |  |  | $ | 644 |
Customer care and enrollment |  |  |  |  | 264 |  |  | 524 |
Technology and content |  |  |  |  | 688 |  |  | 974 |
General and administrative |  |  |  |  | 2,340 |  |  | 3,398 |
Total stock-based compensation expense |  |  |  |  | $ | 3,789 |  |  | $ | 5,540 |
Amount capitalized for internal-use software |  |  |  |  | 108 |  |  | 178 |
Total stock-based compensation |  |  |  |  | $ | 3,897 |  |  | $ | 5,718 |

X
- Definition The entire disclosure for shareholders' equity and share-based payment arrangement. Includes, but is not limited to, disclosure of policy and terms of share-based payment arrangement, deferred compensation arrangement, and employee stock purchase plan (ESPP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/505/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/718/tableOfContent + Details
Name: | us-gaap_ShareholdersEquityAndShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration