Avantax (AVTA) 10-Q 30 Jul 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 23, 2015
Document And Entity Information [Abstract]
Entity Registrant Name	BLUCORA, INC.
Entity Central Index Key	1,068,875
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Amendment Flag	false
Trading Symbol	BCOR
Entity Common Stock, Shares Outstanding		40,963,103

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 59,498	$ 46,444
Available-for-sale investments	237,389	254,854
Accounts receivable, net of allowance of $111 and $67	26,688	30,988
Other receivables	1,046	3,295
Inventories	34,434	29,246
Prepaid expenses and other current assets, net	12,529	13,477
Total current assets	371,584	378,304
Property and equipment, net	15,595	15,942
Goodwill, net	304,658	304,658
Other intangible assets, net	153,654	168,919
Other long-term assets	4,238	4,891
Total assets	849,729	872,714
Current liabilities:
Accounts payable	31,274	37,755
Accrued expenses and other current liabilities	24,391	21,505
Deferred revenue	6,074	7,884
Short-term portion of long-term debt, net	0	7,914
Total current liabilities	61,739	75,058
Long-term liabilities:
Long-term debt, net	30,000	85,835
Convertible senior notes, net	187,075	185,177
Deferred tax liability, net	23,178	42,963
Deferred revenue	2,910	1,915
Other long-term liabilities	3,195	2,741
Total long-term liabilities	246,358	318,631
Total liabilities	$ 308,097	$ 393,689
Commitments and contingencies (Note 7)
Stockholders’ equity:
Common stock, par $0.0001—authorized shares, 900,000; issued and outstanding shares, 40,944 and 40,882	$ 4	$ 4
Additional paid-in capital	1,501,793	1,467,658
Accumulated deficit	(960,173)	(987,524)
Accumulated other comprehensive income (loss)	8	(1,113)
Total stockholders’ equity	541,632	479,025
Total liabilities and stockholders’ equity	$ 849,729	$ 872,714

Unaudited Condensed Consolidat3

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Allowance for accounts receivable	$ 111	$ 67
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	900,000,000	900,000,000
Common stock, shares issued	40,944,000	40,882,000
Common stock, shares outstanding	40,944,000	40,882,000

Unaudited Condensed Consolidat4

Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues:
Services revenue	$ 83,030	$ 106,270	$ 222,844	$ 285,314
Product revenue, net	35,946	35,299	70,958	72,438
Total revenues	118,976	141,569	293,802	357,752
Cost of revenues:
Services cost of revenue	30,771	56,233	65,712	127,526
Product cost of revenue	25,255	23,137	49,355	48,166
Total cost of revenues	56,026	79,370	115,067	175,692
Engineering and technology	5,168	4,817	10,385	8,952
Sales and marketing	27,287	22,287	81,483	78,123
General and administrative	11,014	10,425	21,423	19,057
Depreciation	1,187	1,135	2,325	2,193
Amortization of intangible assets	6,118	5,761	12,236	11,345
Total operating expenses	106,800	123,795	242,919	295,362
Operating income	12,176	17,774	50,883	62,390
Other loss, net	(4,577)	(3,724)	(8,303)	(7,793)
Income before income taxes	7,599	14,050	42,580	54,597
Income tax expense	(3,348)	(5,313)	(15,229)	(19,873)
Net income	$ 4,251	$ 8,737	$ 27,351	$ 34,724
Net income per share:
Basic, USD per share	$ 0.10	$ 0.21	$ 0.67	$ 0.83
Diluted, USD per share	$ 0.10	$ 0.20	$ 0.65	$ 0.79
Weighted average shares outstanding:
Basic, Shares	40,918	41,570	40,953	41,866
Diluted, Shares	41,936	43,084	41,918	43,803
Other comprehensive income:
Net income	$ 4,251	$ 8,737	$ 27,351	$ 34,724
Unrealized gain (loss) on available-for-sale investments, net of tax	(187)	2,076	(260)	2,090
Reclassification adjustment for realized loss on available-for-sale investments, net of tax, included in net income as Other loss, net	376	0	417	0
Reclassification adjustment for other-than-temporary impairment loss on available-for-sale investments, included in net income as Other loss, net	964	0	964	0
Other comprehensive income	1,153	2,076	1,121	2,090
Comprehensive income	$ 5,404	$ 10,813	$ 28,472	$ 36,814

Condensed Consolidated Statemen

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating Activities:
Net income	$ 27,351	$ 34,724
Adjustments to reconcile net income to net cash from operating activities:
Stock-based compensation	6,047	6,366
Depreciation and amortization of intangible assets	18,932	17,920
Excess tax benefits from stock-based award activity	(32,535)	(34,369)
Deferred income taxes	(21,558)	(18,172)
Amortization of premium on investments, net	902	2,221
Amortization of debt issuance costs	643	565
Accretion of debt discounts	2,089	1,822
Realized loss on available-for-sale investments, net	417	0
Other-than-temporary impairment loss on equity securities	964	0
Other	112	57
Cash provided (used) by changes in operating assets and liabilities:
Accounts receivable	4,245	12,347
Other receivables	2,249	4,362
Inventories	(5,188)	(1,738)
Prepaid expenses and other current assets	2,048	874
Other long-term assets	(2)	48
Accounts payable	(6,481)	(18,011)
Deferred revenue	(815)	(555)
Accrued expenses and other current and long-term liabilities	35,270	26,789
Net cash provided by operating activities	34,690	35,250
Investing Activities:
Business acquisition, net of cash acquired	0	(44,927)
Purchases of property and equipment	(2,105)	(2,859)
Purchases of intangible assets	(696)	0
Proceeds from sales of investments	15,008	21,546
Proceeds from maturities of investments	113,406	121,496
Purchases of investments	(112,090)	(144,049)
Net cash provided (used) by investing activities	13,523	(48,793)
Financing Activities:
Proceeds from credit facilities	20,000	4,000
Repayment of credit facilities	(83,940)	(60,000)
Stock repurchases	(5,521)	(25,785)
Excess tax benefits from stock-based award activity	32,535	34,369
Proceeds from stock option exercises	2,093	1,746
Proceeds from issuance of stock through employee stock purchase plan	608	665
Tax payments from shares withheld upon vesting of restricted stock units	(934)	(1,913)
Net cash used by financing activities	(35,159)	(46,918)
Net increase (decrease) in cash and cash equivalents	13,054	(60,461)
Cash and cash equivalents, beginning of period	46,444	130,225
Cash and cash equivalents, end of period	59,498	69,764
Supplemental disclosure of non-cash investing activities:
Purchases of property and equipment through leasehold incentives	515	120
Cash paid for:
Income taxes	1,080	2,012
Interest	$ 5,241	$ 5,766

The Company and Basis of Presen

The Company and Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
The Company and Basis of Presentation	The Company and Basis of Presentation Description of the business: Blucora, Inc. (the “ Company ” or “ Blucora ”) operates three primary businesses: an internet Search and Content business, an online Tax Preparation business, and an E-Commerce business. The Search and Content business operates through our InfoSpace LLC subsidiary (“ InfoSpace ”) and provides search services to users of its owned and operated and distribution partners' web properties, as well as online content. The Tax Preparation business consists of the operations of TaxACT, Inc. (“ TaxACT ”) and provides online tax preparation service for individuals, tax preparation software for individuals and professional tax preparers, and ancillary services through its website, www.taxact.com. The E-Commerce business consists of the operations of Monoprice, Inc. (“ Monoprice ”) and sells self-branded electronics and accessories to both consumers and businesses primarily through its website, www.monoprice.com. On May 30, 2014 , InfoSpace acquired the assets of HowStuffWorks (“ HSW ”), which constituted a business, pursuant to the terms of the Asset Purchase Agreement dated April 18, 2014. HSW provides online content through various websites, including www.HowStuffWorks.com. HSW generates revenue primarily through advertisements appearing on its websites. Segments: The Company has three reportable segments: Search and Content, Tax Preparation, and E-Commerce. The Search and Content segment is the InfoSpace business, the Tax Preparation segment is the TaxACT business, and the E-Commerce segment is the Monoprice business. Unless the context indicates otherwise, the Company uses the term “ Search and Content ” to represent search and content services provided through the InfoSpace business, the term “ Tax Preparation ” to represent services and software sold through the TaxACT business, and the term “ E-Commerce ” to represent products sold through the Monoprice business (see “Note 9: Segment Information”). Principles of consolidation : The consolidated financial statements include the accounts of the Company and its subsidiaries. Intercompany accounts and transactions have been eliminated. Use of estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP” ) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses, and disclosure of contingencies. Estimates include those used for impairment of goodwill and other intangible assets, useful lives of other intangible assets, acquisition accounting, valuation of investments, revenue recognition, the estimated allowance for sales returns and doubtful accounts, the estimated allowance for obsolete, slow moving, and nonsalable inventory, internally developed software, accrued contingencies, stock option valuation, and valuation allowance for deferred tax assets. Actual amounts may differ from estimates. Seasonality: Blucora’s Tax Preparation segment is highly seasonal, with the significant majority of its annual revenue earned in the first four months of the Company’s fiscal year. During the third and fourth quarters, the Tax Preparation segment typically reports losses because revenue from the segment is minimal while core operating expenses continue at relatively consistent levels. Revenue from the E-Commerce segment also is seasonal, with revenues historically being the lowest in the second quarter, a period that does not include consumer back-to-school or holiday-related spending.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Interim financial information : The accompanying consolidated financial statements have been prepared by the Company under the rules and regulations of the Securities and Exchange Commission (the “ SEC ”) for interim financial reporting. These consolidated financial statements are unaudited and, in management’s opinion, include all adjustments, consisting of normal recurring adjustments and accruals, necessary for a fair presentation of the consolidated financial position, results of operations, and cash flows for the periods presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted in accordance with the rules and regulations of the SEC. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes in Part II Item 8 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 . Interim results are not necessarily indicative of results for a full year. Short-term investments: The Company principally invests its available cash in fixed income debt and marketable equity securities. Fixed income debt securities include investment-grade income securities, AAA-rated money market funds, and insured time deposits with commercial banks. Equity securities include common stock in a publicly-traded company. Such investments are included in “Cash and cash equivalents” and “Available-for-sale investments” on the consolidated balance sheets and reported at fair value with unrealized gains and losses included in “ Accumulated other comprehensive income (loss) ” on the consolidated balance sheets. Amounts reclassified out of comprehensive income into net income are determined on the basis of specific identification. The Company reviews its available-for-sale investments for impairment and classifies the impairment of any individual available-for-sale investment as either temporary or other-than-temporary. The differentiating factors between temporary and other-than-temporary impairments are primarily the length of the time and the extent to which the fair value has been less than cost, the financial condition and near-term prospects of the issuer, and the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. An impairment classified as temporary is recognized in " Accumulated other comprehensive income (loss) " on the consolidated balance sheets. An impairment classified as other-than-temporary is recognized in " Other loss, net " on the consolidated statements of comprehensive income. Inventories: Inventories, consisting of merchandise available for sale in the E-Commerce business, are accounted for using the first-in-first-out (“ FIFO ”) method of accounting and are valued at the lower of cost or market and include the related inbound shipping and handling costs. Inventory quantities on hand are reviewed regularly, and allowances are maintained for obsolete, slow moving, and nonsalable inventory. Business combinations and intangible assets including goodwill : The Company accounts for business combinations using the acquisition method, and, accordingly, the identifiable assets acquired and liabilities assumed are recorded at their acquisition date fair values. Goodwill is calculated as the excess of the purchase price over the fair value of net assets, including the amount assigned to identifiable intangible assets, and is assigned to reporting units that are expected to benefit from the synergies of the business combination as of the acquisition date. Reporting units are consistent with reportable segments. Identifiable intangible assets with finite lives are amortized over their useful lives on a straight-line basis. Acquisition-related costs, including advisory, legal, accounting, valuation, and other similar costs, are expensed in the periods in which the costs are incurred. The results of operations of acquired businesses are included in the consolidated financial statements from the acquisition date. Fair value of financial instruments : The Company measures its cash equivalents and available-for-sale investments at fair value. The Company considers the carrying values of accounts receivable, other receivables, inventories, prepaid expenses, other current assets, accounts payable, accrued expenses, and other current liabilities to approximate fair values primarily due to their short-term natures. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Marketable equity securities are classified within Level 1 of the fair value hierarchy because the Company values its marketable equity securities using quoted prices in active markets for identical securities. Cash equivalents and debt securities are classified within Level 2 of the fair value hierarchy because the Company values its cash equivalents and debt securities utilizing market observable inputs. Supplier concentration risk : During the six months ended June 30, 2015 and 2014 , Monoprice inventory purchases from two key unrelated vendors accounted for 18% of Monoprice’s total inventory purchases. Recent accounting pronouncements: Changes to GAAP are established by the Financial Accounting Standards Board (“ FASB ”) in the form of accounting standards updates (“ ASUs ”) to the FASB’s Accounting Standards Codification (" ASC "). The Company considers the applicability and impact of all recent ASUs. ASUs not listed below were assessed and determined to be either not applicable or are expected to have minimal impact on the Company’s consolidated financial position and results of operations. In May 2014, the FASB issued guidance codified in ASC 606, "Revenue from Contracts with Customers," which amends the guidance in former ASC 605 "Revenue Recognition." The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This will be achieved in a five-step process. Enhanced disclosures also will be required. This guidance is effective on a retrospective basis--either to each reporting period presented or with the cumulative effect of initially applying this guidance recognized at the date of initial application--for annual reporting periods, including interim reporting periods within those annual reporting periods, beginning after December 15, 2017. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company currently is evaluating the impact of this guidance on its consolidated financial statements. In April 2015, the FASB issued two separate ASUs, both of which are effective for annual reporting periods beginning after December 15, 2015, including interim reporting periods within that reporting period. Earlier adoption is permitted for both ASUs. One of these ASUs provides guidance about whether a cloud computing arrangement includes a software license, in which case the software license element should be accounted for consistent with the acquisition of other software licenses; otherwise, the arrangement should be accounted for as a service contract. This guidance may be applied either prospectively or retrospectively. The other ASU provides guidance related to the balance sheet presentation of debt issuance costs, in which those debt issuance costs should be presented as a direct deduction from the carrying amount of the recognized debt, consistent with debt discounts. This guidance must be applied retrospectively. The adoption of these ASUs are not expected to have a material impact on the Company's consolidated financial statements.

Business Combinations

Business Combinations	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Business Combinations	Business Combinations HSW: On May 30, 2014 , InfoSpace acquired HSW, a provider of online content (see "Note 1: The Company and Basis of Presentation"), for $44.9 million in cash, which was funded from available cash. The acquisition of HSW is strategic to InfoSpace and intended to expand its operations. HSW is included in the Search and Content segment. The identifiable net assets acquired amounted to approximately $4.5 million , consisting primarily of marketable equity securities, and intangible assets acquired amounted to approximately $25.4 million , consisting of $18.2 million in content, $1.3 million in proprietary technology, and $5.9 million in trade names. The Company estimates the economic lives of the content and proprietary technology to be 10 years and 4 years, respectively, and the trade names are estimated to have indefinite lives. Goodwill amounted to $15.1 million and is expected to be deductible for income tax purposes. Goodwill consists largely of the ability to attract new customers through utilization of current content and to develop new content post-acquisition, neither of which qualify for separate recognition. Pro forma results of operations have not been presented because the effects of this acquisition were not material to the Company’s consolidated results of operations.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The following table presents goodwill by reportable segment as of June 30, 2015 and December 31, 2014 , the balances of which did not change from period to period (in thousands): Search and Content Tax Preparation E-Commerce Total Goodwill, net $ 59,912 $ 188,541 $ 56,205 $ 304,658 Intangible assets other than goodwill consisted of the following (in thousands): June 30, 2015 December 31, 2014 Gross carrying amount Accumulated amortization Net Gross carrying amount Accumulated amortization Net Definite-lived intangible assets: Customer relationships $ 132,500 $ (61,242 ) $ 71,258 $ 132,500 $ (50,075 ) $ 82,425 Technology 44,805 (39,533 ) 5,272 44,805 (35,649 ) 9,156 Content 18,200 (1,971 ) 16,229 18,200 (1,061 ) 17,139 Other 6,667 (6,667 ) — 6,667 (6,667 ) — Total definite-lived intangible assets 202,172 (109,413 ) 92,759 202,172 (93,452 ) 108,720 Indefinite-lived intangible assets: Trade names 60,199 — 60,199 60,199 — 60,199 Internet domain names 696 — 696 — — — Total indefinite-lived intangible assets 60,895 — 60,895 60,199 — 60,199 Total $ 263,067 $ (109,413 ) $ 153,654 $ 262,371 $ (93,452 ) $ 168,919 Amortization expense was as follows (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Statement of comprehensive income line item: Services cost of revenue $ 1,863 $ 1,881 $ 3,725 $ 3,766 Amortization of intangible assets 6,118 5,761 12,236 11,345 Total $ 7,981 $ 7,642 $ 15,961 $ 15,111 Expected amortization of definite-lived intangible assets held as of June 30, 2015 is presented in the table below (in thousands): 2015 2016 2017 2018 2019 Thereafter Total Services cost of revenue $ 3,725 $ 621 $ — $ — $ — $ — $ 4,346 Amortization of intangible assets 9,644 17,206 17,155 16,970 16,838 10,600 88,413 Total $ 13,369 $ 17,827 $ 17,155 $ 16,970 $ 16,838 $ 10,600 $ 92,759 The weighted average amortization periods for definite-lived intangible assets are as follows: 55 months for customer relationships, 12 months for technology, 107 months for content, and 62 months for total definite-lived intangible assets.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The fair value hierarchy of the Company’s financial assets carried at fair value and measured on a recurring basis was as follows (in thousands): Fair value measurements at the reporting date using June 30, 2015 Quoted prices in active markets using identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Cash equivalents: Money market and other funds $ 4,762 $ — $ 4,762 $ — Commercial paper 5,899 — 5,899 — Time deposits 748 — 748 — Taxable municipal bonds 745 — 745 — Total cash equivalents 12,154 — 12,154 — Available-for-sale investments: Debt securities: U.S. government securities 102,573 — 102,573 — International government securities 5,205 — 5,205 — Commercial paper 22,984 — 22,984 — Time deposits 23,211 — 23,211 — Taxable municipal bonds 81,493 — 81,493 — Total debt securities 235,466 — 235,466 — Equity securities 1,923 1,923 — — Total available-for-sale investments 237,389 1,923 235,466 — Total assets at fair value $ 249,543 $ 1,923 $ 247,620 $ — Fair value measurements at the reporting date using December 31, 2014 Quoted prices in active markets using identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Cash equivalents: Money market and other funds $ 8,490 $ — $ 8,490 $ — Time deposits 1,242 — 1,242 — Taxable municipal bonds 4,754 — 4,754 — Total cash equivalents 14,486 — 14,486 — Available-for-sale investments: Debt securities: U.S. government securities 100,818 — 100,818 — International government securities 6,560 — 6,560 — Commercial paper 24,589 — 24,589 — Time deposits 30,759 — 30,759 — Corporate bonds 1,528 — 1,528 — Taxable municipal bonds 87,366 — 87,366 — Total debt securities 251,620 — 251,620 — Equity securities 3,234 3,234 — — Total available-for-sale investments 254,854 3,234 251,620 — Total assets at fair value $ 269,340 $ 3,234 $ 266,106 $ — The Company also had financial instruments that were not measured at fair value. See “Note 6: Debt” for details. The contractual maturities of the debt securities classified as available-for-sale at June 30, 2015 and December 31, 2014 were less than one year. The cost and fair value of available-for-sale investments were as follows (in thousands): Amortized cost Gross unrealized gains Gross unrealized losses Fair value Balance at June 30, 2015 Debt securities $ 235,455 $ 34 $ (23 ) $ 235,466 Equity securities 1,923 — — 1,923 Total $ 237,378 $ 34 $ (23 ) $ 237,389 Balance at December 31, 2014 Debt securities $ 251,673 $ 16 $ (69 ) $ 251,620 Equity securities 4,312 — (1,078 ) 3,234 Total $ 255,985 $ 16 $ (1,147 ) $ 254,854 The Company's equity securities consist of a single holding in a publicly-traded company. During the three months ended June 30, 2015 , the Company recorded a $1.0 million other-than-temporary impairment loss on its equity securities due to the length of time and extent to which the fair value had been less than cost. The impairment loss was recognized in " Other loss, net " on the consolidated statements of comprehensive income. During the three months ended December 31, 2014 , the Company's equity securities were in an unrealized loss position for the first time, and, at that time, the Company had considered such position to be temporary.

Debt

Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt	Debt The Company’s debt consisted of the following (in thousands): June 30, 2015 December 31, 2014 Principal amount Unamortized discount Net carrying value Principal amount Unamortized discount Net carrying value Monoprice 2013 credit facility $ 30,000 $ — $ 30,000 $ 42,000 $ (191 ) $ 41,809 TaxACT 2013 credit facility — — — 51,940 — 51,940 Convertible Senior Notes 201,250 (14,175 ) 187,075 201,250 (16,073 ) 185,177 Total debt $ 231,250 $ (14,175 ) $ 217,075 $ 295,190 $ (16,264 ) $ 278,926 Monoprice 2013 credit facility: On November 22, 2013 , Monoprice entered into an agreement with a syndicate of lenders for the purposes of post-transaction financing of the Monoprice acquisition and providing future working capital flexibility for Monoprice. The credit facility consists of a $30.0 million revolving credit loan—which includes up to $5.0 million under a letter of credit and up to $5.0 million in swingline loans—and, until repaid in full in 2015 as discussed below, also consisted of a $40.0 million term loan. The final maturity date of the credit facility is November 22, 2018 . Monoprice’s obligations under the credit facility are guaranteed by Monoprice Holdings, Inc. and are secured by the assets of the Monoprice business. Monoprice initially borrowed $50.0 million under the credit facility. Monoprice had net repayment activity of $12.0 million and $4.0 million during the six months ended June 30, 2015 and 2014 , respectively. Monoprice has the right to permanently reduce, without premium or penalty, the entire credit facility at any time or portions of the credit facility in an aggregate principal amount not less than $1.0 million or any whole multiple of $1.0 million in excess thereof (for swingline loans, the aggregate principal amount is not less than $0.1 million and any whole multiple of $0.1 million in excess thereof). In accordance with this provision, Monoprice repaid the term loan in full in 2015, which was included in the net repayment activity for 2015 and resulted in the write-down of the remaining unamortized discount and debt issuance costs related to the term loan. The interest rate on amounts borrowed under the credit facility is variable, based upon, at the election of Monoprice, either LIBOR plus a margin of between 2.75% and 3.25% , payable as of the end of each interest period, or a variable rate plus a margin of between 1.75% and 2.25% , payable quarterly in arrears. In each case, the applicable margin within the range depends upon Monoprice’s ratio of leverage to EBITDA over the previous four quarters. The credit facility includes financial and operating covenants with respect to certain ratios, including leverage ratio and fixed charge coverage ratio, which are defined further in the agreement. As of June 30, 2015 , Monoprice was in compliance with all of the financial and operating covenants. As of June 30, 2015 , the credit facility’s principal amount approximated its fair value as it is a variable rate instrument and the current applicable margin approximates current market conditions. TaxACT 2013 credit facility: On August 30, 2013 , TaxACT entered into an agreement with a syndicate of lenders to refinance a 2012 credit facility on more favorable terms. The 2013 credit facility consists of revolving credit loans, up to $10.0 million in swingline loans, and up to $5.0 million under a letter of credit, which in the aggregate represented a $100.0 million revolving credit commitment that reduced to $90.0 million on August 30, 2014 and will reduce to $80.0 million on August 30, 2015 and $70.0 million on August 30, 2016. The final maturity date of the credit facility is August 30, 2018 . TaxACT’s obligations under the credit facility are guaranteed by TaxACT Holdings, Inc. and are secured by the assets of the TaxACT business. TaxACT initially borrowed approximately $71.4 million under the 2013 credit facility. TaxACT had net repayment activity of $51.9 million and $52.0 million during the six months ended June 30, 2015 and 2014 , respectively. TaxACT has the right to permanently reduce, without premium or penalty, the entire credit facility at any time or portions of the credit facility in an aggregate principal amount not less than $3.0 million or any whole multiple of $1.0 million in excess thereof. In accordance with this provision, TaxACT repaid the outstanding amount under the credit facility in full in 2015, which was included in the net repayment activity for 2015. The credit facility continues to be available to TaxACT through its final maturity date. The interest rate on amounts borrowed under the credit facility is variable, based upon, at the election of TaxACT, either LIBOR plus a margin of between 1.75% and 2.5% , or a Base Rate plus a margin of between 0.75% and 1.5% , and payable as of the end of each interest period. In each case, the applicable margin within the range depends upon TaxACT’s ratio of leverage to EBITDA over the previous four quarters. The credit facility includes financial and operating covenants with respect to certain ratios, including leverage ratio and fixed charge coverage ratio, which are defined further in the agreement. As of June 30, 2015 , the Company was in compliance with all of the financial and operating covenants. Convertible Senior Notes: On March 15, 2013 , the Company issued $201.25 million aggregate principal amount of its Convertible Senior Notes (the “ Notes ”), inclusive of the underwriters’ exercise in full of their over-allotment option of $26.25 million . The Notes mature on April 1, 2019 , unless earlier purchased, redeemed, or converted in accordance with the terms, and bear interest at a rate of 4.25% per year, payable semi-annually in arrears beginning on October 1, 2013 . The Company received net proceeds from the offering of approximately $194.8 million after adjusting for debt issuance costs, including the underwriting discount. The Notes were issued under an indenture dated March 15, 2013 (the “ Indenture ”) by and between the Company and The Bank of New York Mellon Trust Company, N.A., as Trustee. There are no financial or operating covenants relating to the Notes. Beginning July 1, 2013 and prior to the close of business on September 28, 2018, holders may convert all or a portion of the Notes at their option, in multiples of $1,000 principal amount, under the following circumstances: • During any fiscal quarter commencing July 1, 2013, if the last reported sale price of the Company’s common stock for at least 20 trading days during a period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day. As of June 30, 2015 , the Notes were not convertible. • During the five business day period after any five consecutive trading day period (the “ measurement period ”) in which the trading price per $1,000 principal amount of the Notes for each trading day of the measurement period was less than 98% of the product of the last reported sales price of the Company’s common stock and the conversion rate on each trading day. • If the Company calls any or all of the Notes for redemption. • Upon the occurrence of specified corporate events, including a merger or a sale of all or substantially all of the Company’s assets. The convertibility of the Notes is determined at the end of each reporting period. If the Notes are determined to be convertible, they remain convertible until the end of the subsequent quarter and are classified in “Current liabilities” on the balance sheet; otherwise, they are classified in “Long-term liabilities.” Depending upon the price of the Company’s common stock or the trading price of the Notes within the reporting period, pursuant to the first two criteria listed above, the Notes could be convertible during one reporting period but not convertible during a comparable reporting period. On or after October 1, 2018 and until the close of business on March 28, 2019 , holders may convert their Notes, in multiples of $1,000 principal amount, at the option of the holder. The conversion ratio for the Notes is initially 0.0461723 , equivalent to an initial conversion price of approximately $21.66 per share of the Company’s common stock. The conversion ratio is subject to customary adjustment for certain events as described in the Indenture. At the time the Company issued the Notes, the Company was only permitted to settle conversions with shares of its common stock. The Company received shareholder approval at its annual meeting in May 2013 to allow for “flexible settlement,” which provided the Company with the option to settle conversions in cash, shares of common stock, or any combination thereof. The Company’s intention is to satisfy conversion of the Notes with cash for the principal amount of the debt and shares of common stock for any related conversion premium. Beginning April 6, 2016 , the Company may, at its option, redeem for cash all or part of the Notes plus accrued and unpaid interest. If the Company undergoes a fundamental change (as described in the Indenture), holders may require the Company to repurchase for cash all or part of their Notes in principal amounts of $1,000 or an integral multiple thereof. The fundamental change repurchase price will be equal to 100% of the principal amount of the Notes to be repurchased, plus accrued and unpaid interest. However, if a fundamental change occurs and a holder elects to convert the Notes, the Company will, under certain circumstances, increase the applicable conversion rate for the Notes surrendered for conversion by a number of additional shares of common stock based on the date on which the fundamental change occurs or becomes effective and the price paid per share of the Company’s common stock in the fundamental change as specified in the Indenture. The Notes are unsecured and unsubordinated obligations of the Company and rank senior in right of payment to any of the Company’s indebtedness that is expressly subordinated in right of payment to the Notes, and equal in right of payment to any of the Company’s existing and future unsecured indebtedness that is not subordinated. The Notes are effectively junior in right of payment to any of the Company’s secured indebtedness (to the extent of the value of assets securing such indebtedness) and structurally junior to all existing and future indebtedness and other liabilities, including trade payables, of the Company’s subsidiaries. The Indenture does not limit the amount of debt that the Company or its subsidiaries may incur. The Notes may be settled in a combination of cash or shares of common stock given the flexible settlement option. As a result, the Notes contain liability and equity components, which were bifurcated and accounted for separately. The liability component of the Notes, as of the issuance date, was calculated by estimating the fair value of a similar liability issued at a 6.5% effective interest rate, which was determined by considering the rate of return investors would require in the Company’s debt structure. The amount of the equity component was calculated by deducting the fair value of the liability component from the principal amount of the Notes, resulting in the initial recognition of $22.3 million as the debt discount recorded in additional paid-in capital for the Notes. The carrying amount of the Notes is being accreted to the principal amount over the remaining term to maturity, and the Company is recording corresponding interest expense. The Company incurred debt issuance costs of $6.4 million related to the Notes and allocated $5.7 million to the liability component of the Notes. These costs are being amortized to interest expense over the six -year term of the Notes or the date of conversion, if any. The following table sets forth total interest expense related to the Notes (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Contractual interest expense (Cash) $ 2,139 $ 2,139 $ 4,277 $ 4,277 Amortization of debt issuance costs (Non-cash) 245 228 486 452 Accretion of debt discount (Non-cash) 958 890 1,898 1,764 Total interest expense $ 3,342 $ 3,257 $ 6,661 $ 6,493 Effective interest rate of the liability component 7.32 % 7.32 % 7.32 % 7.32 % The fair value of the principal amount of the Notes as of June 30, 2015 was $199.9 million , based on the last quoted active trading price, a Level 1 fair value measurement, as of that date.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies There have been no material changes during the period covered by this Quarterly Report on Form 10-Q, outside of the ordinary course of the Company’s business, to the contractual obligations and commitments specified in “Note 8: Commitments and Contingencies” in Part II Item 8 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 . Litigation: From time to time, the Company is subject to various legal proceedings or claims that arise in the ordinary course of business. The Company accrues a liability when management believes that it is both probable that a liability has been incurred and the amount of loss can be reasonably estimated. Following is a brief description of the more significant legal proceedings. Although the Company believes that resolving such claims, individually or in aggregate, will not have a material adverse impact on its financial statements, these matters are subject to inherent uncertainties. On March 5, 2015, Remigius Shatas filed a shareholder derivative action against Andrew Snyder, a director of the Company, certain companies affiliated with Mr. Snyder, as well as nominal defendant Blucora, in the Superior Court of the State of Washington in and for King County. Although the Company is a nominal defendant, the plaintiff purports to bring the action on behalf of the Company and thus does not seek monetary damages from the Company. Instead, the plaintiff alleges improper use of inside information in certain sales of the Company's common stock and seeks to recover from Andrew Snyder and those companies affiliated with Mr. Snyder profits resulting from those allegedly improper sales. On May 15, 2015, the court granted the Company's motion to dismiss the Complaint based on the plaintiffs’ failure to file this matter in the proper court. Subsequently, the plaintiff moved for reconsideration of the Superior Court's decision to grant the motion to dismiss, and on June 5, 2015, that motion for reconsideration was denied. On June 30, 2015, the plaintiff filed a Notice of Appeal with the Superior Court, indicating plaintiff's intention to appeal to the Washington Court of Appeals, Division I. The Company has entered into indemnification agreements in the ordinary course of business with its officers and directors and may be obligated to advance payment of legal fees and costs incurred by the defendants pursuant to the Company’s obligations under these indemnification agreements and applicable Delaware law.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Stock-based compensation: The Company included the following amounts for stock-based compensation expense, which related to stock options, restricted stock units (“ RSUs ”), and the Company’s employee stock purchase plan (“ ESPP ”), in the consolidated statements of comprehensive income (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Cost of revenues $ 58 $ 113 $ 107 $ 272 Engineering and technology 514 315 806 744 Sales and marketing 518 722 948 1,641 General and administrative 2,258 1,808 4,186 3,709 Total $ 3,348 $ 2,958 $ 6,047 $ 6,366 Excluded and capitalized as part of internal-use software $ 45 $ 23 $ 61 $ 54 In May 2012, the Company granted 190,000 stock options to certain employees who perform acquisition-related services. The vesting of such options were predicated on completing "qualified acquisitions" under the terms of the options. The completion of the HSW acquisition on May 30, 2014 constituted a qualified acquisition under such terms, resulting in a charge of $0.3 million to stock-based compensation expense (reflected in "General and administrative" expense) in the three and six months ended June 30, 2014 . Total net shares issued for stock options exercised, RSUs vested, and shares purchased pursuant to the ESPP were as follows (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Stock options exercised 49 132 220 140 RSUs vested 111 129 169 205 Shares purchased pursuant to ESPP — — 52 36 Total 160 261 441 381 Stock repurchase program: In February 2013, the Company’s Board of Directors approved a stock repurchase program whereby the Company may purchase its common stock in open-market transactions. In May 2014, the Board of Directors increased the repurchase authorization, such that the Company may repurchase up to $85.0 million of its common stock, and extended the repurchase period through May 2016 . Repurchased shares will be retired and resume the status of authorized but unissued shares of common stock. During the six months ended June 30, 2015 , the Company purchased 0.4 million shares in open-market transactions at a total cost of approximately $5.5 million and an average price of $14.55 per share, exclusive of purchase and administrative costs. During the six months ended June 30, 2014 , the Company purchased 1.4 million shares in open-market transactions at a total cost of approximately $25.7 million and an average price of $18.05 per share, exclusive of purchase and administrative costs. As of June 30, 2015 , the Company may repurchase an additional $30.9 million , which takes into consideration share repurchases during 2013 and 2014 of $48.6 million , of its common stock under the repurchase program.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Information	Segment Information The Company has three reportable segments. The Search and Content segment is the InfoSpace business, the Tax Preparation segment is the TaxACT business, and the E-Commerce segment is the Monoprice business. The Company’s chief executive officer is its chief operating decision maker and reviews financial information presented on a disaggregated basis. This information is used for purposes of allocating resources and evaluating financial performance. The Company does not allocate certain general and administrative costs (including personnel and overhead costs), stock-based compensation, depreciation, and amortization of intangible assets to the reportable segments. Such amounts are reflected in the table under the heading “Corporate-level activity.” In addition, the Company does not allocate other loss, net and income taxes to the reportable segments. The Company does not account for, and does not report to management, its assets or capital expenditures by segment other than goodwill and intangible assets used for impairment analysis purposes. Information on reportable segments currently presented to the Company’s chief operating decision maker and a reconciliation to consolidated net income are presented below (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Revenues: Search and Content $ 52,130 $ 79,818 $ 110,876 $ 186,583 Tax Preparation 30,900 26,452 111,968 98,731 E-Commerce 35,946 35,299 70,958 72,438 Total revenues 118,976 141,569 293,802 357,752 Operating income: Search and Content 6,814 14,032 15,212 33,262 Tax Preparation 19,890 17,211 64,035 54,613 E-Commerce 2,624 2,378 5,186 5,856 Corporate-level activity (17,152 ) (15,847 ) (33,550 ) (31,341 ) Total operating income 12,176 17,774 50,883 62,390 Other loss, net (4,577 ) (3,724 ) (8,303 ) (7,793 ) Income tax expense (3,348 ) (5,313 ) (15,229 ) (19,873 ) Net income $ 4,251 $ 8,737 $ 27,351 $ 34,724

Net Income Per Share

Net Income Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Net Income Per Share	Net Income Per Share “ Basic net income per share ” is computed using the weighted average number of common shares outstanding during the period. “ Diluted net income per share ” is computed using the weighted average number of common shares outstanding plus the number of dilutive potential common shares outstanding during the period. Dilutive potential common shares consist of the incremental common shares issuable upon the exercise of outstanding stock options, vesting of unvested RSUs, and conversion or maturity of the Notes. Dilutive potential common shares are excluded from the computation of earnings per share if their effect is antidilutive. Weighted average shares were as follows (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Weighted average common shares outstanding, basic 40,918 41,570 40,953 41,866 Dilutive potential common shares 1,018 1,514 965 1,937 Weighted average common shares outstanding, diluted 41,936 43,084 41,918 43,803 Shares excluded 2,914 906 2,825 823 Shares excluded primarily related to stock options with an exercise price greater than the average price during the applicable periods and awards with performance conditions not completed during the applicable periods. As more fully discussed in “Note 6: Debt,” in March 2013, the Company issued the Notes, which are convertible and mature in April 2019 . In May 2013, the Company received shareholder approval for “flexible settlement,” which provided the Company with the option to settle conversions in cash, shares of common stock, or any combination thereof. The Company intends, upon conversion or maturity of the Notes, to settle the principal in cash and satisfy any conversion premium by issuing shares of its common stock. As a result, the Company only includes the impact of the premium feature in its dilutive potential common shares when the average stock price during the quarter exceeds the conversion price of the Notes, which did not occur during the three months ended June 30, 2015 and 2014 .

Subsequent Event

Subsequent Event	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On July 2, 2015 , TaxACT acquired all of the equity of SimpleTax Software Inc., a provider of online tax preparation services for individuals in Canada, for C$2.2 million (with C$ indicating Canadian dollars and amounting to approximately $1.8 million ) in cash. The Company also agreed to pay up to C$4.6 million (approximately $3.7 million based upon the acquisition date exchange rate) in aggregate contingent consideration over a three -year period based upon the achievement of revenue-related objectives. The acquisition of SimpleTax is strategic to TaxACT.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Segments	Segments: The Company has three reportable segments: Search and Content, Tax Preparation, and E-Commerce. The Search and Content segment is the InfoSpace business, the Tax Preparation segment is the TaxACT business, and the E-Commerce segment is the Monoprice business. Unless the context indicates otherwise, the Company uses the term “ Search and Content ” to represent search and content services provided through the InfoSpace business, the term “ Tax Preparation ” to represent services and software sold through the TaxACT business, and the term “ E-Commerce ” to represent products sold through the Monoprice business (see “Note 9: Segment Information”).
Principles of consolidation	Principles of consolidation : The consolidated financial statements include the accounts of the Company and its subsidiaries. Intercompany accounts and transactions have been eliminated.
Use of estimates	Use of estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP” ) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses, and disclosure of contingencies. Estimates include those used for impairment of goodwill and other intangible assets, useful lives of other intangible assets, acquisition accounting, valuation of investments, revenue recognition, the estimated allowance for sales returns and doubtful accounts, the estimated allowance for obsolete, slow moving, and nonsalable inventory, internally developed software, accrued contingencies, stock option valuation, and valuation allowance for deferred tax assets. Actual amounts may differ from estimates.
Seasonality	Seasonality: Blucora’s Tax Preparation segment is highly seasonal, with the significant majority of its annual revenue earned in the first four months of the Company’s fiscal year. During the third and fourth quarters, the Tax Preparation segment typically reports losses because revenue from the segment is minimal while core operating expenses continue at relatively consistent levels. Revenue from the E-Commerce segment also is seasonal, with revenues historically being the lowest in the second quarter, a period that does not include consumer back-to-school or holiday-related spending.
Interim financial information	Interim financial information : The accompanying consolidated financial statements have been prepared by the Company under the rules and regulations of the Securities and Exchange Commission (the “ SEC ”) for interim financial reporting. These consolidated financial statements are unaudited and, in management’s opinion, include all adjustments, consisting of normal recurring adjustments and accruals, necessary for a fair presentation of the consolidated financial position, results of operations, and cash flows for the periods presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted in accordance with the rules and regulations of the SEC. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes in Part II Item 8 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 . Interim results are not necessarily indicative of results for a full year.
Short-term investments	Short-term investments: The Company principally invests its available cash in fixed income debt and marketable equity securities. Fixed income debt securities include investment-grade income securities, AAA-rated money market funds, and insured time deposits with commercial banks. Equity securities include common stock in a publicly-traded company. Such investments are included in “Cash and cash equivalents” and “Available-for-sale investments” on the consolidated balance sheets and reported at fair value with unrealized gains and losses included in “ Accumulated other comprehensive income (loss) ” on the consolidated balance sheets. Amounts reclassified out of comprehensive income into net income are determined on the basis of specific identification. The Company reviews its available-for-sale investments for impairment and classifies the impairment of any individual available-for-sale investment as either temporary or other-than-temporary. The differentiating factors between temporary and other-than-temporary impairments are primarily the length of the time and the extent to which the fair value has been less than cost, the financial condition and near-term prospects of the issuer, and the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. An impairment classified as temporary is recognized in " Accumulated other comprehensive income (loss) " on the consolidated balance sheets. An impairment classified as other-than-temporary is recognized in " Other loss, net " on the consolidated statements of comprehensive income.
Inventories	Inventories: Inventories, consisting of merchandise available for sale in the E-Commerce business, are accounted for using the first-in-first-out (“ FIFO ”) method of accounting and are valued at the lower of cost or market and include the related inbound shipping and handling costs. Inventory quantities on hand are reviewed regularly, and allowances are maintained for obsolete, slow moving, and nonsalable inventory.
Business combinations and intangible assets including goodwill	Business combinations and intangible assets including goodwill : The Company accounts for business combinations using the acquisition method, and, accordingly, the identifiable assets acquired and liabilities assumed are recorded at their acquisition date fair values. Goodwill is calculated as the excess of the purchase price over the fair value of net assets, including the amount assigned to identifiable intangible assets, and is assigned to reporting units that are expected to benefit from the synergies of the business combination as of the acquisition date. Reporting units are consistent with reportable segments. Identifiable intangible assets with finite lives are amortized over their useful lives on a straight-line basis. Acquisition-related costs, including advisory, legal, accounting, valuation, and other similar costs, are expensed in the periods in which the costs are incurred. The results of operations of acquired businesses are included in the consolidated financial statements from the acquisition date.
Fair value of financial instruments	Fair value of financial instruments : The Company measures its cash equivalents and available-for-sale investments at fair value. The Company considers the carrying values of accounts receivable, other receivables, inventories, prepaid expenses, other current assets, accounts payable, accrued expenses, and other current liabilities to approximate fair values primarily due to their short-term natures. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Marketable equity securities are classified within Level 1 of the fair value hierarchy because the Company values its marketable equity securities using quoted prices in active markets for identical securities. Cash equivalents and debt securities are classified within Level 2 of the fair value hierarchy because the Company values its cash equivalents and debt securities utilizing market observable inputs.
Recent accounting pronouncements	Recent accounting pronouncements: Changes to GAAP are established by the Financial Accounting Standards Board (“ FASB ”) in the form of accounting standards updates (“ ASUs ”) to the FASB’s Accounting Standards Codification (" ASC "). The Company considers the applicability and impact of all recent ASUs. ASUs not listed below were assessed and determined to be either not applicable or are expected to have minimal impact on the Company’s consolidated financial position and results of operations. In May 2014, the FASB issued guidance codified in ASC 606, "Revenue from Contracts with Customers," which amends the guidance in former ASC 605 "Revenue Recognition." The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This will be achieved in a five-step process. Enhanced disclosures also will be required. This guidance is effective on a retrospective basis--either to each reporting period presented or with the cumulative effect of initially applying this guidance recognized at the date of initial application--for annual reporting periods, including interim reporting periods within those annual reporting periods, beginning after December 15, 2017. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company currently is evaluating the impact of this guidance on its consolidated financial statements. In April 2015, the FASB issued two separate ASUs, both of which are effective for annual reporting periods beginning after December 15, 2015, including interim reporting periods within that reporting period. Earlier adoption is permitted for both ASUs. One of these ASUs provides guidance about whether a cloud computing arrangement includes a software license, in which case the software license element should be accounted for consistent with the acquisition of other software licenses; otherwise, the arrangement should be accounted for as a service contract. This guidance may be applied either prospectively or retrospectively. The other ASU provides guidance related to the balance sheet presentation of debt issuance costs, in which those debt issuance costs should be presented as a direct deduction from the carrying amount of the recognized debt, consistent with debt discounts. This guidance must be applied retrospectively. The adoption of these ASUs are not expected to have a material impact on the Company's consolidated financial statements.

Goodwill and Other Intangible18

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Goodwill Activity	The following table presents goodwill by reportable segment as of June 30, 2015 and December 31, 2014 , the balances of which did not change from period to period (in thousands): Search and Content Tax Preparation E-Commerce Total Goodwill, net $ 59,912 $ 188,541 $ 56,205 $ 304,658
Intangible Assets Other than Goodwill	Intangible assets other than goodwill consisted of the following (in thousands): June 30, 2015 December 31, 2014 Gross carrying amount Accumulated amortization Net Gross carrying amount Accumulated amortization Net Definite-lived intangible assets: Customer relationships $ 132,500 $ (61,242 ) $ 71,258 $ 132,500 $ (50,075 ) $ 82,425 Technology 44,805 (39,533 ) 5,272 44,805 (35,649 ) 9,156 Content 18,200 (1,971 ) 16,229 18,200 (1,061 ) 17,139 Other 6,667 (6,667 ) — 6,667 (6,667 ) — Total definite-lived intangible assets 202,172 (109,413 ) 92,759 202,172 (93,452 ) 108,720 Indefinite-lived intangible assets: Trade names 60,199 — 60,199 60,199 — 60,199 Internet domain names 696 — 696 — — — Total indefinite-lived intangible assets 60,895 — 60,895 60,199 — 60,199 Total $ 263,067 $ (109,413 ) $ 153,654 $ 262,371 $ (93,452 ) $ 168,919
Summary of Amortization Expense	Amortization expense was as follows (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Statement of comprehensive income line item: Services cost of revenue $ 1,863 $ 1,881 $ 3,725 $ 3,766 Amortization of intangible assets 6,118 5,761 12,236 11,345 Total $ 7,981 $ 7,642 $ 15,961 $ 15,111
Information about Expected Amortization of Definite-Lived Intangible Assets	Expected amortization of definite-lived intangible assets held as of June 30, 2015 is presented in the table below (in thousands): 2015 2016 2017 2018 2019 Thereafter Total Services cost of revenue $ 3,725 $ 621 $ — $ — $ — $ — $ 4,346 Amortization of intangible assets 9,644 17,206 17,155 16,970 16,838 10,600 88,413 Total $ 13,369 $ 17,827 $ 17,155 $ 16,970 $ 16,838 $ 10,600 $ 92,759

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value Hierarchy of Financial Assets Carried at Fair Value and Measured on Recurring Basis	The fair value hierarchy of the Company’s financial assets carried at fair value and measured on a recurring basis was as follows (in thousands): Fair value measurements at the reporting date using June 30, 2015 Quoted prices in active markets using identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Cash equivalents: Money market and other funds $ 4,762 $ — $ 4,762 $ — Commercial paper 5,899 — 5,899 — Time deposits 748 — 748 — Taxable municipal bonds 745 — 745 — Total cash equivalents 12,154 — 12,154 — Available-for-sale investments: Debt securities: U.S. government securities 102,573 — 102,573 — International government securities 5,205 — 5,205 — Commercial paper 22,984 — 22,984 — Time deposits 23,211 — 23,211 — Taxable municipal bonds 81,493 — 81,493 — Total debt securities 235,466 — 235,466 — Equity securities 1,923 1,923 — — Total available-for-sale investments 237,389 1,923 235,466 — Total assets at fair value $ 249,543 $ 1,923 $ 247,620 $ — Fair value measurements at the reporting date using December 31, 2014 Quoted prices in active markets using identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Cash equivalents: Money market and other funds $ 8,490 $ — $ 8,490 $ — Time deposits 1,242 — 1,242 — Taxable municipal bonds 4,754 — 4,754 — Total cash equivalents 14,486 — 14,486 — Available-for-sale investments: Debt securities: U.S. government securities 100,818 — 100,818 — International government securities 6,560 — 6,560 — Commercial paper 24,589 — 24,589 — Time deposits 30,759 — 30,759 — Corporate bonds 1,528 — 1,528 — Taxable municipal bonds 87,366 — 87,366 — Total debt securities 251,620 — 251,620 — Equity securities 3,234 3,234 — — Total available-for-sale investments 254,854 3,234 251,620 — Total assets at fair value $ 269,340 $ 3,234 $ 266,106 $ —
Investments Classified as Available-for-Sale	The cost and fair value of available-for-sale investments were as follows (in thousands): Amortized cost Gross unrealized gains Gross unrealized losses Fair value Balance at June 30, 2015 Debt securities $ 235,455 $ 34 $ (23 ) $ 235,466 Equity securities 1,923 — — 1,923 Total $ 237,378 $ 34 $ (23 ) $ 237,389 Balance at December 31, 2014 Debt securities $ 251,673 $ 16 $ (69 ) $ 251,620 Equity securities 4,312 — (1,078 ) 3,234 Total $ 255,985 $ 16 $ (1,147 ) $ 254,854

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Company's Debt	The Company’s debt consisted of the following (in thousands): June 30, 2015 December 31, 2014 Principal amount Unamortized discount Net carrying value Principal amount Unamortized discount Net carrying value Monoprice 2013 credit facility $ 30,000 $ — $ 30,000 $ 42,000 $ (191 ) $ 41,809 TaxACT 2013 credit facility — — — 51,940 — 51,940 Convertible Senior Notes 201,250 (14,175 ) 187,075 201,250 (16,073 ) 185,177 Total debt $ 231,250 $ (14,175 ) $ 217,075 $ 295,190 $ (16,264 ) $ 278,926
Schedule of Total Interest Expense on Convertible Senior Notes	The following table sets forth total interest expense related to the Notes (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Contractual interest expense (Cash) $ 2,139 $ 2,139 $ 4,277 $ 4,277 Amortization of debt issuance costs (Non-cash) 245 228 486 452 Accretion of debt discount (Non-cash) 958 890 1,898 1,764 Total interest expense $ 3,342 $ 3,257 $ 6,661 $ 6,493 Effective interest rate of the liability component 7.32 % 7.32 % 7.32 % 7.32 %

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Stock-Based Compensation Expense	The Company included the following amounts for stock-based compensation expense, which related to stock options, restricted stock units (“ RSUs ”), and the Company’s employee stock purchase plan (“ ESPP ”), in the consolidated statements of comprehensive income (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Cost of revenues $ 58 $ 113 $ 107 $ 272 Engineering and technology 514 315 806 744 Sales and marketing 518 722 948 1,641 General and administrative 2,258 1,808 4,186 3,709 Total $ 3,348 $ 2,958 $ 6,047 $ 6,366 Excluded and capitalized as part of internal-use software $ 45 $ 23 $ 61 $ 54
Shares Issued under Share Based Compensation	Total net shares issued for stock options exercised, RSUs vested, and shares purchased pursuant to the ESPP were as follows (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Stock options exercised 49 132 220 140 RSUs vested 111 129 169 205 Shares purchased pursuant to ESPP — — 52 36 Total 160 261 441 381

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Information on Reportable Segments for Reconciliation to Consolidated Net Income	Information on reportable segments currently presented to the Company’s chief operating decision maker and a reconciliation to consolidated net income are presented below (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Revenues: Search and Content $ 52,130 $ 79,818 $ 110,876 $ 186,583 Tax Preparation 30,900 26,452 111,968 98,731 E-Commerce 35,946 35,299 70,958 72,438 Total revenues 118,976 141,569 293,802 357,752 Operating income: Search and Content 6,814 14,032 15,212 33,262 Tax Preparation 19,890 17,211 64,035 54,613 E-Commerce 2,624 2,378 5,186 5,856 Corporate-level activity (17,152 ) (15,847 ) (33,550 ) (31,341 ) Total operating income 12,176 17,774 50,883 62,390 Other loss, net (4,577 ) (3,724 ) (8,303 ) (7,793 ) Income tax expense (3,348 ) (5,313 ) (15,229 ) (19,873 ) Net income $ 4,251 $ 8,737 $ 27,351 $ 34,724

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Summary of Dilutive Effect for Awards with Exercise Price Less Than Average Stock Price	Weighted average shares were as follows (in thousands): Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Weighted average common shares outstanding, basic 40,918 41,570 40,953 41,866 Dilutive potential common shares 1,018 1,514 965 1,937 Weighted average common shares outstanding, diluted 41,936 43,084 41,918 43,803 Shares excluded 2,914 906 2,825 823

The Company and Basis of Pres24

The Company and Basis of Presentation - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	3

Summary of Significant Accoun25

Summary of Significant Accounting Policies - Additional Information (Detail) - Vendor	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Summary Of Significant Accounting Policy [Line Items]
Number of vendors	2	2
Supplier concentration risk | Inventory
Summary Of Significant Accounting Policy [Line Items]
Unrelated vendors, percentage	18.00%	18.00%

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($) $ in Thousands	May. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Goodwill acquired		$ 304,658	$ 304,658
HSW
Business Acquisition [Line Items]
Date of acquisition		May 30, 2014
Cash paid for acquisition	$ 44,900
Business acquisition identifiable net assets acquired	4,500
Business acquisition Identifiable net asset acquired consisting intangible assets and deferred tax	25,400
Goodwill acquired	15,100
HSW | Media Content
Business Acquisition [Line Items]
Business acquisition Identifiable net asset acquired consisting intangible assets and deferred tax	18,200
Estimates lives of acquired intangible assets		10 years
HSW | Proprietary Technology
Business Acquisition [Line Items]
Business acquisition Identifiable net asset acquired consisting intangible assets and deferred tax	1,300
Estimates lives of acquired intangible assets		4 years
HSW | Trade Names
Business Acquisition [Line Items]
Business acquisition Identifiable net asset acquired consisting intangible assets and deferred tax	$ 5,900

Goodwill and Other Intangible27

Goodwill and Other Intangible Assets - Summary of Goodwill Activity (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Goodwill [Line Items]
Goodwill, net	$ 304,658	$ 304,658
Search and Content
Goodwill [Line Items]
Goodwill, net	59,912	59,912
Tax Preparation
Goodwill [Line Items]
Goodwill, net	188,541	188,541
E-Commerce
Goodwill [Line Items]
Goodwill, net	$ 56,205	$ 56,205

Goodwill and Other Intangible28

Goodwill and Other Intangible Assets - Intangible Assets Other than Goodwill (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule Of Finite And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, Gross carrying amount	$ 202,172	$ 202,172
Definite-lived intangible assets, Accumulated amortization	(109,413)	(93,452)
Definite-lived intangible assets, net	92,759	108,720
Indefinite-lived intangible assets, Gross carrying amount	60,895	60,199
Indefinite-lived intangible assets, Accumulated amortization	0	0
Indefinite-lived intangible assets, net	60,895	60,199
Gross carrying amount, Total	263,067	262,371
Accumulated amortization, Total	(109,413)	(93,452)
Other intangible assets, net, Total	153,654	168,919
Trade names
Schedule Of Finite And Indefinite Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets, Gross carrying amount	60,199	60,199
Indefinite-lived intangible assets, Accumulated amortization	0	0
Indefinite-lived intangible assets, net	60,199	60,199
Internet domain names
Schedule Of Finite And Indefinite Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets, Gross carrying amount	696	0
Indefinite-lived intangible assets, Accumulated amortization	0	0
Indefinite-lived intangible assets, net	696	0
Customer relationships
Schedule Of Finite And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, Gross carrying amount	132,500	132,500
Definite-lived intangible assets, Accumulated amortization	(61,242)	(50,075)
Definite-lived intangible assets, net	71,258	82,425
Technology
Schedule Of Finite And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, Gross carrying amount	44,805	44,805
Definite-lived intangible assets, Accumulated amortization	(39,533)	(35,649)
Definite-lived intangible assets, net	5,272	9,156
Content
Schedule Of Finite And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, Gross carrying amount	18,200	18,200
Definite-lived intangible assets, Accumulated amortization	(1,971)	(1,061)
Definite-lived intangible assets, net	16,229	17,139
Other
Schedule Of Finite And Indefinite Lived Intangible Assets [Line Items]
Definite-lived intangible assets, Gross carrying amount	6,667	6,667
Definite-lived intangible assets, Accumulated amortization	(6,667)	(6,667)
Definite-lived intangible assets, net	$ 0	$ 0

Goodwill and Other Intangible29

Goodwill and Other Intangible Assets - Summary of Amortized Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 7,981	$ 7,642	$ 15,961	$ 15,111
Services cost of revenues
Finite-Lived Intangible Assets [Line Items]
Amortization expense	1,863	1,881	3,725	3,766
Amortization of intangible assets
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 6,118	$ 5,761	$ 12,236	$ 11,345

Goodwill and Other Intangible30

Goodwill and Other Intangible Assets - Information about Expected Amortization of Definite-Lived Intangible Assets (Detail) $ in Thousands	Jun. 30, 2015USD ($)
Finite-Lived Intangible Assets [Line Items]
2,015	$ 13,369
2,016	17,827
2,017	17,155
2,018	16,970
2,019	16,838
Thereafter	10,600
Total	92,759
Services cost of revenues
Finite-Lived Intangible Assets [Line Items]
2,015	3,725
2,016	621
2,017	0
2,018	0
2,019	0
Thereafter	0
Total	4,346
Amortization of intangible assets
Finite-Lived Intangible Assets [Line Items]
2,015	9,644
2,016	17,206
2,017	17,155
2,018	16,970
2,019	16,838
Thereafter	10,600
Total	$ 88,413

Goodwill and Other Intangible31

Goodwill and Other Intangible Assets - Additional Information (Detail) - Weighted average	6 Months Ended
	Jun. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Weighted average amortization period for definite-lived intangible assets	62 months
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Weighted average amortization period for definite-lived intangible assets	55 months
Technology intangible assets
Finite-Lived Intangible Assets [Line Items]
Weighted average amortization period for definite-lived intangible assets	12 months
Media Content
Finite-Lived Intangible Assets [Line Items]
Weighted average amortization period for definite-lived intangible assets	107 months

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Fair Value Hierarchy of Financial Assets Carried at Fair Value and Measured on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Available-for-sale securities:
Debt securities	$ 235,466	$ 251,620
Equity securities	1,923	3,234
Total available-for-sale investments	237,389	254,854
Fair value measurements, Recurring
Cash equivalents:
Total cash equivalents	12,154	14,486
Available-for-sale securities:
Debt securities	235,466	251,620
Equity securities	1,923	3,234
Total available-for-sale investments	237,389	254,854
Total assets at fair value	249,543	269,340
Fair value measurements, Recurring | U.S. government securities
Available-for-sale securities:
Debt securities	102,573	100,818
Fair value measurements, Recurring | International government securities
Available-for-sale securities:
Debt securities	5,205	6,560
Fair value measurements, Recurring | Commercial paper
Available-for-sale securities:
Debt securities	22,984	24,589
Fair value measurements, Recurring | Time deposits
Available-for-sale securities:
Debt securities	23,211	30,759
Fair value measurements, Recurring | Corporate bonds
Available-for-sale securities:
Debt securities		1,528
Fair value measurements, Recurring | Taxable municipal bonds
Available-for-sale securities:
Debt securities	81,493	87,366
Fair value measurements, Recurring | Money market and other funds
Cash equivalents:
Total cash equivalents	4,762	8,490
Fair value measurements, Recurring | Commercial paper
Cash equivalents:
Total cash equivalents	5,899
Fair value measurements, Recurring | Time deposits
Cash equivalents:
Total cash equivalents	748	1,242
Fair value measurements, Recurring | Taxable municipal bonds
Cash equivalents:
Total cash equivalents	745	4,754
Fair value measurements, Recurring | Quoted prices in active markets using identical assets (Level 1)
Cash equivalents:
Total cash equivalents	0	0
Available-for-sale securities:
Debt securities	0	0
Equity securities	1,923	3,234
Total available-for-sale investments	1,923	3,234
Total assets at fair value	1,923	3,234
Fair value measurements, Recurring | Quoted prices in active markets using identical assets (Level 1) | U.S. government securities
Available-for-sale securities:
Debt securities	0	0
Fair value measurements, Recurring | Quoted prices in active markets using identical assets (Level 1) | International government securities
Available-for-sale securities:
Debt securities	0	0
Fair value measurements, Recurring | Quoted prices in active markets using identical assets (Level 1) | Commercial paper
Available-for-sale securities:
Debt securities	0	0
Fair value measurements, Recurring | Quoted prices in active markets using identical assets (Level 1) | Time deposits
Available-for-sale securities:
Debt securities	0	0
Fair value measurements, Recurring | Quoted prices in active markets using identical assets (Level 1) | Corporate bonds
Available-for-sale securities:
Debt securities		0
Fair value measurements, Recurring | Quoted prices in active markets using identical assets (Level 1) | Taxable municipal bonds
Available-for-sale securities:
Debt securities	0	0
Fair value measurements, Recurring | Quoted prices in active markets using identical assets (Level 1) | Money market and other funds
Cash equivalents:
Total cash equivalents	0	0
Fair value measurements, Recurring | Quoted prices in active markets using identical assets (Level 1) | Commercial paper
Cash equivalents:
Total cash equivalents	0
Fair value measurements, Recurring | Quoted prices in active markets using identical assets (Level 1) | Time deposits
Cash equivalents:
Total cash equivalents	0	0
Fair value measurements, Recurring | Quoted prices in active markets using identical assets (Level 1) | Taxable municipal bonds
Cash equivalents:
Total cash equivalents	0	0
Fair value measurements, Recurring | Significant other observable inputs (Level 2)
Cash equivalents:
Total cash equivalents	12,154	14,486
Available-for-sale securities:
Debt securities	235,466	251,620
Equity securities	0	0
Total available-for-sale investments	235,466	251,620
Total assets at fair value	247,620	266,106
Fair value measurements, Recurring | Significant other observable inputs (Level 2) | U.S. government securities
Available-for-sale securities:
Debt securities	102,573	100,818
Fair value measurements, Recurring | Significant other observable inputs (Level 2) | International government securities
Available-for-sale securities:
Debt securities	5,205	6,560
Fair value measurements, Recurring | Significant other observable inputs (Level 2) | Commercial paper
Available-for-sale securities:
Debt securities	22,984	24,589
Fair value measurements, Recurring | Significant other observable inputs (Level 2) | Time deposits
Available-for-sale securities:
Debt securities	23,211	30,759
Fair value measurements, Recurring | Significant other observable inputs (Level 2) | Corporate bonds
Available-for-sale securities:
Debt securities		1,528
Fair value measurements, Recurring | Significant other observable inputs (Level 2) | Taxable municipal bonds
Available-for-sale securities:
Debt securities	81,493	87,366
Fair value measurements, Recurring | Significant other observable inputs (Level 2) | Money market and other funds
Cash equivalents:
Total cash equivalents	4,762	8,490
Fair value measurements, Recurring | Significant other observable inputs (Level 2) | Commercial paper
Cash equivalents:
Total cash equivalents	5,899
Fair value measurements, Recurring | Significant other observable inputs (Level 2) | Time deposits
Cash equivalents:
Total cash equivalents	748	1,242
Fair value measurements, Recurring | Significant other observable inputs (Level 2) | Taxable municipal bonds
Cash equivalents:
Total cash equivalents	745	4,754
Fair value measurements, Recurring | Significant unobservable inputs (Level 3)
Cash equivalents:
Total cash equivalents	0	0
Available-for-sale securities:
Debt securities	0	0
Equity securities	0	0
Total available-for-sale investments	0	0
Total assets at fair value	0	0
Fair value measurements, Recurring | Significant unobservable inputs (Level 3) | U.S. government securities
Available-for-sale securities:
Debt securities	0	0
Fair value measurements, Recurring | Significant unobservable inputs (Level 3) | International government securities
Available-for-sale securities:
Debt securities	0	0
Fair value measurements, Recurring | Significant unobservable inputs (Level 3) | Commercial paper
Available-for-sale securities:
Debt securities	0	0
Fair value measurements, Recurring | Significant unobservable inputs (Level 3) | Time deposits
Available-for-sale securities:
Debt securities	0	0
Fair value measurements, Recurring | Significant unobservable inputs (Level 3) | Corporate bonds
Available-for-sale securities:
Debt securities		0
Fair value measurements, Recurring | Significant unobservable inputs (Level 3) | Taxable municipal bonds
Available-for-sale securities:
Debt securities	0	0
Fair value measurements, Recurring | Significant unobservable inputs (Level 3) | Money market and other funds
Cash equivalents:
Total cash equivalents	0	0
Fair value measurements, Recurring | Significant unobservable inputs (Level 3) | Commercial paper
Cash equivalents:
Total cash equivalents	0
Fair value measurements, Recurring | Significant unobservable inputs (Level 3) | Time deposits
Cash equivalents:
Total cash equivalents	0	0
Fair value measurements, Recurring | Significant unobservable inputs (Level 3) | Taxable municipal bonds
Cash equivalents:
Total cash equivalents	$ 0	$ 0

Fair Value Measurements - Inves

Fair Value Measurements - Investments Classified as Available-for-Sale (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Available-for-sale Securities, Balance Sheet, Reported Amounts [Abstract]
Available-for-sale Debt Securities, Amortized Cost	$ 235,455	$ 235,455		$ 251,673
Available-for-sale Equity Securities, Amortized Cost	1,923	1,923		4,312
Available-for-sale Investments, Amortized Cost	237,378	237,378		255,985
Available for sale Investments, Debt Securities, Gross Unrealized Gain	34	34		16
Available for sale Investments, Equity Securities, Gross Unrealized Gain	0	0		0
Available-for-sale Investments, Unrealized Gross Gain	34	34		16
Available for sale Investments, Debt Securities, Gross Unrealized Loss	(23)	(23)		(69)
Available for sale Investments, Equity Securities, Gross Unrealized Loss	0	0		(1,078)
Available-for-sale Investments, Gross Unrealized Loss,	(23)	(23)		(1,147)
Available-for-sale Securities, Debt Securities, Fair Value	235,466	235,466		251,620
Available-for-sale Securities, Equity Securities, Fair Value	1,923	1,923		3,234
Total available-for-sale investments	237,389	237,389		$ 254,854
Other-than-temporary impairment loss on equity securities	$ 1,000	$ 964	$ 0

Debt - Schedule of Company's De

Debt - Schedule of Company's Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Principal amount	$ 231,250	$ 295,190
Unamortized discount	(14,175)	(16,264)
Net carrying value	217,075	278,926
Monoprice Credit Facility
Debt Instrument [Line Items]
Principal amount	30,000	42,000
Unamortized discount	0	(191)
Net carrying value	30,000	41,809
TaxACT 2013 credit facility
Debt Instrument [Line Items]
Principal amount	0	51,940
Unamortized discount	0	0
Net carrying value	0	51,940
Convertible Senior Notes
Debt Instrument [Line Items]
Principal amount	201,250	201,250
Unamortized discount	(14,175)	(16,073)
Net carrying value	$ 187,075	$ 185,177

Debt - Monoprice 2013 Credit Fa

Debt - Monoprice 2013 Credit Facility - Additional Information (Detail) - Monoprice Inc - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Nov. 22, 2013
Debt Instrument [Line Items]
Agreement date	Nov. 22, 2013
Maturity date of credit facility	Nov. 22, 2018
Principal amount			$ 50,000,000
Repayment activities	$ 12,000,000	$ 4,000,000
Minimum credit facility aggregate principal amount due	1,000,000
Periodic payment, principal multiple	$ 1,000,000
Minimum
Debt Instrument [Line Items]
Variable interest rate	1.75%
Minimum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate	2.75%
Maximum
Debt Instrument [Line Items]
Variable interest rate	2.25%
Maximum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate	3.25%
Revolver Under Credit Facility
Debt Instrument [Line Items]
Credit facility			30,000,000
Letter of Credit
Debt Instrument [Line Items]
Credit facility			5,000,000
Term Loan
Debt Instrument [Line Items]
Credit facility			40,000,000
Swing Line Loans
Debt Instrument [Line Items]
Credit facility			$ 5,000,000
Minimum credit facility aggregate principal amount due	$ 100,000
Periodic payment, principal multiple	$ 100,000

Debt - TaxAct 2013 Credit Facil

Debt - TaxAct 2013 Credit Facility - Additional Information (Detail) - TaxACT 2013 credit facility - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Aug. 30, 2014	Aug. 30, 2013
Debt Instrument [Line Items]
Agreement date	Aug. 30, 2013
Maturity date of credit facility	Aug. 30, 2018
Principal amount				$ 71,400,000
Repayment activities	$ 51,900,000	$ 52,000,000
Minimum credit facility aggregate principal amount due	3,000,000
Periodic payment, principal multiple	$ 1,000,000
Minimum
Debt Instrument [Line Items]
Variable interest rate	0.75%
Minimum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate	1.75%
Maximum
Debt Instrument [Line Items]
Variable interest rate	1.50%
Maximum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate	2.50%
Swing Line Loans
Debt Instrument [Line Items]
Credit facility				10,000,000
Letter of Credit
Debt Instrument [Line Items]
Credit facility				5,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility				$ 100,000,000
Revolving Credit Facility | August 30, 2014
Debt Instrument [Line Items]
Credit facility			$ 90,000,000
Revolving Credit Facility | August 30, 2015
Debt Instrument [Line Items]
Credit facility	$ 80,000,000
Revolving Credit Facility | August 30, 2016
Debt Instrument [Line Items]
Credit facility	$ 70,000,000

Debt - Convertible Senior Notes

Debt - Convertible Senior Notes - Additional Information (Detail)	Mar. 15, 2013USD ($)	Jun. 30, 2015USD ($)d$ / shares
Debt Instrument [Line Items]
Convertible senior notes, maturity date		Apr. 1, 2019
Scenario 1
Debt Instrument [Line Items]
Convertible trading days | d		20
Convertible threshold consecutive trading days		30 days
Threshold percentage of stock price trigger		130.00%
Scenario 2
Debt Instrument [Line Items]
Convertible threshold consecutive trading days		5 days
Threshold percentage of stock price trigger		98.00%
Debt instrument convertible threshold business period		5 days
Senior Convertible Notes
Debt Instrument [Line Items]
Issuance date		Mar. 15, 2013
Principal amount	$ 201,250,000
Debt instrument additional issued principal amount	26,250,000
Convertible senior notes, maturity date		Apr. 1, 2019
Interest rate		4.25%
Frequency of periodic payment		semi-annually
Date of first required payment		Oct. 1, 2013
Proceeds from debt, net of issuance costs	194,800,000
Earliest convertible date		Jul. 1, 2013
Convertible notes amount in multiples		$ 1,000
Latest convertible date		Mar. 28, 2019
Conversion ratio		0.0461723
Conversion price | $ / shares		$ 21.66
Redemption period start date		Apr. 6, 2016
Redemption price, percentage of principal amount redeemed		100.00%
Convertible effective interest rate		6.50%
Carrying amount of equity component	22,300,000
Debt issuance costs	6,400,000
Debt issuance costs liability component	$ 5,700,000
Remaining discount amortization period	6 years

Debt - Schedule of Total Intere

Debt - Schedule of Total Interest Expense on Convertible Senior Notes (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Debt Instrument [Line Items]
Amortization of debt issuance costs (Non-cash)			$ 643	$ 565
Accretion of debt discount (Non-cash)			2,089	1,822
Senior Convertible Notes
Debt Instrument [Line Items]
Contractual interest expense (Cash)	$ 2,139	$ 2,139	4,277	4,277
Amortization of debt issuance costs (Non-cash)	245	228	486	452
Accretion of debt discount (Non-cash)	958	890	1,898	1,764
Total interest expense	$ 3,342	$ 3,257	$ 6,661	$ 6,493
Effective interest rate of the liability component	7.32%	7.32%	7.32%	7.32%
Senior Convertible Notes | Fair Value, Inputs, Level 1
Debt Instrument [Line Items]
Fair Value of principal amount of notes	$ 199,900		$ 199,900

Debt - Phantom (Details)

Debt - Phantom (Details)	6 Months Ended
	Jun. 30, 2015
Senior Convertible Notes
Debt Instrument [Line Items]
Terms of conversion feature	Beginning July 1, 2013 and prior to the close of business on September 28, 2018, holders may convert all or a portion of the Notes at their option, in multiples of $1,000 principal amount, under the following circumstances:During any fiscal quarter commencing July 1, 2013, if the last reported sale price of the Company’s common stock for at least 20 trading days during a period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day. As of June 30, 2015, the Notes were not convertible. During the five business day period after any five consecutive trading day period (the “measurement period”) in which the trading price per $1,000 principal amount of the Notes for each trading day of the measurement period was less than 98% of the product of the last reported sales price of the Company’s common stock and the conversion rate on each trading day.If the Company calls any or all of the Notes for redemption.Upon the occurrence of specified corporate events, including a merger or a sale of all or substantially all of the Company’s assets.
Redemption description	Beginning April 6, 2016, the Company may, at its option, redeem for cash all or part of the Notes plus accrued and unpaid interest. As of June 30, 2015, the Company does not intend to redeem the Notes for cash. If the Company undergoes a fundamental change (as described in the Indenture), holders may require the Company to repurchase for cash all or part of their Notes in principal amounts of $1,000 or an integral multiple thereof. The fundamental change repurchase price will be equal to 100% of the principal amount of the Notes to be repurchased, plus accrued and unpaid interest.
TaxACT 2013 credit facility
Debt Instrument [Line Items]
Frequency of payment and payment terms	TaxACT has the right to permanently reduce, without premium or penalty, the entire credit facility at any time or portions of the credit facility in an aggregate principal amount not less than $3.0 million or any whole multiple of $1.0 million in excess thereof.
Interest rate description	The interest rate on amounts borrowed under the credit facility is variable, based upon, at the election of TaxACT, either LIBOR plus a margin of between 1.75% and 2.5%, or a Base Rate plus a margin of between 0.75% and 1.5%, and payable as of the end of each interest period. In each case, the applicable margin within the range depends upon TaxACT’s ratio of leverage to EBITDA over the previous four quarters.
Monoprice Credit Facility
Debt Instrument [Line Items]
Frequency of payment and payment terms	Monoprice has the right to permanently reduce, without premium or penalty, the entire credit facility at any time or portions of the credit facility in an aggregate principal amount not less than $1.0 million or any whole multiple of $1.0 million in excess thereof (for swingline loans, the aggregate principal amount is not less than $0.1 million and any whole multiple of $0.1 million in excess thereof).
Interest rate description	The interest rate on amounts borrowed under the credit facility is variable, based upon, at the election of Monoprice, either LIBOR plus a margin of between 2.75% and 3.25%, payable as of the end of each interest period, or a variable rate plus a margin of between 1.75% and 2.25%, payable quarterly in arrears. In each case, the applicable margin within the range depends upon Monoprice’s ratio of leverage to EBITDA over the previous four quarters.

Stockholders' Equity - Stock-Ba

Stockholders' Equity - Stock-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based compensation expense	$ 3,348	$ 2,958	$ 6,047	$ 6,366
Excluded and capitalized as part of internal-use software	45	23	61	54
Services cost of revenues
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based compensation expense	58	113	107	272
Engineering and technology
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based compensation expense	514	315	806	744
Sales and marketing
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based compensation expense	518	722	948	1,641
General and administrative
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based compensation expense	$ 2,258	$ 1,808	$ 4,186	$ 3,709

Stockholders' Equity - Shares I

Stockholders' Equity - Shares Issued under Share Based Compensation (Detail) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options exercised	49	132	220	140
Total	160	261	441	381
RSUs vested
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs vested	111	129	169	205
Shares purchased pursuant to ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares purchased pursuant to ESPP	0	0	52	36

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($)	1 Months Ended	6 Months Ended		24 Months Ended
	May. 31, 2012	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	May. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Repurchase of available common stock, authorized amount					$ 85,000,000
Shares repurchased under stock repurchase program		400,000	1,400,000
Stock repurchased value exclusive of purchase and administrative costs		$ 5,500,000	$ 25,700,000	$ 48,600,000
Average price per share		$ 14.55	$ 18.05
Stock repurchase program remaining authorized repurchase amount		$ 30,900,000
Equity Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted	190,000
Awards Vested
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense			$ 300,000

Segment Information - Informati

Segment Information - Information on Reportable Segments for Reconciliation to Consolidated Net Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues
Total revenues	$ 118,976	$ 141,569	$ 293,802	$ 357,752
Operating income:
Total operating income	12,176	17,774	50,883	62,390
Other loss, net	(4,577)	(3,724)	(8,303)	(7,793)
Income tax expense	(3,348)	(5,313)	(15,229)	(19,873)
Net income	4,251	8,737	27,351	34,724
Operating Segments | Search and Content
Revenues
Total revenues	52,130	79,818	110,876	186,583
Operating income:
Total operating income	6,814	14,032	15,212	33,262
Operating Segments | Tax Preparation
Revenues
Total revenues	30,900	26,452	111,968	98,731
Operating income:
Total operating income	19,890	17,211	64,035	54,613
Operating Segments | E-Commerce
Revenues
Total revenues	35,946	35,299	70,958	72,438
Operating income:
Total operating income	2,624	2,378	5,186	5,856
Operating Segments | Corporate-level activity
Operating income:
Total operating income	$ (17,152)	$ (15,847)	$ (33,550)	$ (31,341)

Net Income (Loss) Per Share - S

Net Income (Loss) Per Share - Summary of Dilutive Effect for Awards with Exercise Price Less than Average Stock Price (Detail) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Weighted average common shares outstanding, basic	40,918	41,570	40,953	41,866
Dilutive potential common shares	1,018	1,514	965	1,937
Weighted average common shares outstanding, diluted	41,936	43,084	41,918	43,803
Shares excluded	2,914	906	2,825	823

Net Income (Loss) Per Share - A

Net Income (Loss) Per Share - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Convertible senior notes, maturity date	Apr. 1, 2019

Subsequent Event (Details)

Subsequent Event (Details) - Jul. 02, 2015 - Subsequent Event - SimpleTax Software Inc. CAD in Millions	CAD	USD ($)	USD ($)
Subsequent Event [Line Items]
Contingent consideration	CAD 4.6		$ 3,674,000
Contingent consideration period	3 years	3 years
TaxACT [Member]
Subsequent Event [Line Items]
Cash paid for acquisition	CAD 2.2	$ 1,800,000