Move 10-Q 1 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Jul. 24, 2014
Document and Entity Information	'	'
Entity Registrant Name	'MOVE INC	'
Entity Central Index Key	'0001085770	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	40,174,460
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$117,310	$118,679
Accounts receivable, net	11,126	11,760
Other current assets	9,440	8,203
Total current assets	137,876	138,642
Property and equipment, net	27,094	23,960
Investment in unconsolidated joint venture	5,467	4,596
Goodwill, net	41,630	41,630
Intangible assets, net	21,917	24,403
Other assets	3,460	3,558
Total assets	237,444	236,789
Current liabilities:	'	'
Accounts payable	7,292	5,912
Accrued expenses	26,524	26,929
Deferred revenue	7,430	7,783
Total current liabilities	41,246	40,624
Convertible senior notes	84,088	82,459
Other noncurrent liabilities	5,589	4,876
Total liabilities	130,923	127,959
Commitments and contingencies (see note 14)	'	'
Stockholders' equity:	'	'
Series A convertible preferred stock	'	'
Common stock	40	39
Additional paid-in capital	2,151,693	2,142,516
Accumulated other comprehensive income	126	138
Accumulated deficit	-2,045,338	-2,033,863
Total stockholders' equity	106,521	108,830
Total liabilities and stockholders' equity	$237,444	$236,789

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS	'	'	'	'
Revenue	$61,319	$57,490	$119,332	$111,728
Costs and operating expenses:	'	'	'	'
Cost of revenue	12,732	11,790	24,844	22,653
Sales and marketing	30,047	22,980	55,440	44,648
Product and web site development	10,342	9,583	21,469	19,429
General and administrative	12,287	11,985	24,299	23,523
Amortization of intangible assets	1,199	1,063	2,496	2,062
Total costs and operating expenses	66,607	57,401	128,548	112,315
(Loss) income from operations	-5,288	89	-9,216	-587
Interest expense, net	-1,647	-13	-3,214	-27
Earnings of unconsolidated joint venture	895	463	1,720	1,065
Other expense, net	-51	-8	-57	-35
(Loss) income before income taxes	-6,091	531	-10,767	416
Income tax expense	202	65	708	50
Net (loss) income	($6,293)	$466	($11,475)	$366
Basic net (loss) income per share (in dollars per share)	($0.16)	$0.01	($0.29)	$0.01
Diluted net (loss) income per share (in dollars per share)	($0.16)	$0.01	($0.29)	$0.01
Shares used to calculate basic and diluted (loss) income per share:	'	'	'	'
Basic (in shares)	39,444	39,480	39,228	39,293
Diluted (in shares)	39,444	41,428	39,228	40,950

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME	'	'	'	'
Net (loss) income	($6,293)	$466	($11,475)	$366
Other comprehensive income (loss):	'	'	'	'
Foreign currency translation gain (loss)	51	-37	-12	-62
Total other comprehensive income (loss)	51	-37	-12	-62
Total comprehensive (loss) income	($6,242)	$429	($11,487)	$304

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]	Total
In Thousands, unless otherwise specified
Balance at Dec. 31, 2013	$39	$2,142,516	$138	($2,033,863)	$108,830
Balance (in shares) at Dec. 31, 2013	39,178	'	'	'	'
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'
Net (loss) income	'	'	'	-11,475	-11,475
Other comprehensive loss	'	'	-12	'	-12
Issuance of common stock under exercise of stock options	1	4,197	'	'	4,198
Issuance of common stock under exercise of stock options (in shares)	587	'	'	'	'
Issuance of restricted stock, net of cancellations (in shares)	417	'	'	'	'
Restricted stock surrendered for employee tax liability	'	-1,728	'	'	-1,728
Restricted stock surrendered for employee tax liability (in shares)	-128	'	'	'	'
Stock-based compensation and charges	'	6,708	'	'	6,708
Balance at Jun. 30, 2014	$40	$2,151,693	$126	($2,045,338)	$106,521
Balance (in shares) at Jun. 30, 2014	40,054	'	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:	'	'
Net (loss) income	($11,475)	$366
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization of property and equipment	6,393	4,918
Amortization of intangible assets	2,496	2,062
Amortization of debt discount and issuance costs	1,927	'
Provision for doubtful accounts	242	271
Stock-based compensation and charges	6,708	5,499
Earnings of unconsolidated joint venture	-1,720	-1,065
Return on investment in unconsolidated joint venture	849	602
Other non-cash items	-52	19
Changes in operating assets and liabilities:	'	'
Accounts receivable	392	-1,474
Other assets	-1,274	-1,284
Accounts payable and accrued expenses	1,641	1,192
Deferred revenue	-351	-835
Net cash provided by operating activities	5,776	10,271
Cash flows from investing activities:	'	'
Purchases of property and equipment	-9,487	-6,394
Acquisitions, net of cash acquired	'	-2,250
Return of investment in unconsolidated joint venture	'	582
Other investing activities	-10	'
Net cash used in investing activities	-9,497	-8,062
Cash flows from financing activities:	'	'
Principal payments on loan payable	'	-19
Proceeds from exercise of stock options	4,080	4,343
Tax payments related to net share settlements of equity awards	-1,728	-647
Repurchase of common stock	'	-1,010
Net cash provided by financing activities	2,352	2,667
Change in cash and cash equivalents	-1,369	4,876
Cash and cash equivalents, beginning of period	118,679	27,122
Cash and cash equivalents, end of period	117,310	31,998
Supplemental disclosures of cash flow information:	'	'
Cash paid for interest	$1,520	'

Business

Business	6 Months Ended
	Jun. 30, 2014
Business	'
Business	'
	1.  Business
	Move, Inc. and its subsidiaries (the “Company” or “Move”) operate an online network of web sites for real estate search, finance, moving and home enthusiasts and provide a comprehensive resource for consumers seeking online information and connections regarding real estate.  The Company’s flagship consumer web sites include realtor.com®, Move.com and Moving.comTM.  The Company also supplies lead management software and marketing services for real estate agents and brokers through its Top Producer®, TigerLead® and FiveStreet products.  Through its ListHubTM products, the Company is also an online real estate listing syndicator and provider of advanced performance reporting solutions intended to help drive an effective online advertising program for brokers, real estate franchises, and individual agents.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2014
Principles of Consolidation and Basis of Presentation	'
Summary of Significant Accounting Policies	'
	2.  Summary of Significant Accounting Policies
	Basis of Presentation
	The Company’s unaudited Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), including those for interim financial information, and with the instructions for Form 10-Q and Article 10 of Regulation S-X issued by the United States Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and note disclosures required by U.S. GAAP for complete financial statements. These statements are unaudited and, in the opinion of management, all adjustments (which include only normal recurring adjustments) considered necessary for a fair presentation have been included. These unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 (the “Annual Report”), which was filed with the SEC on February 18, 2014.  The results of operations for the three and six months ended June 30, 2014, are not necessarily indicative of the operating results expected for the full year ending December 31, 2014.
	Principles of Consolidation
	The accompanying financial statements are consolidated and include the financial statements of Move and its majority-owned subsidiaries.  All significant intercompany balances and transactions have been eliminated in consolidation.  Investments in private entities where the Company holds a 50% or less ownership interest and does not exercise control are accounted for using the equity method of accounting.  The investment balance is included in “Investment in unconsolidated joint venture” within the Consolidated Balance Sheets and the Company’s share of the investees’ results of operations is included in “Earnings of unconsolidated joint venture” within the Consolidated Statements of Operations.  Investments in private entities where the Company holds an ownership interest of less than 20% and does not have significant influence over the entity are accounted for on the cost basis of accounting.
	The Company has evaluated all subsequent events through the date the financial statements were issued.
	Reclassification
	The Company reclassified certain prior year amounts to conform to its presentation within the Consolidated Statements of Operations for the year ended December 31, 2013.  Specifically, effective October 1, 2013, the Company elected to change the presentation of certain lead acquisition costs and to reclassify these costs from “Cost of revenue” to “Sales and marketing” within its Consolidated Statements of Operations in order to be more consistent with certain of its peers and to combine all traffic acquisition costs that are not considered directly related to the fulfillment of products into “Sales and marketing.”  This had the effect of decreasing “Cost of revenue” and increasing “Sales and marketing” expense by $2.0 million and $3.8 million, or 4% and 3% of revenue, for the three and six months ended June 30, 2013, respectively.  Based on a review of U.S. GAAP, management has concluded that this reclassification is not a change in accounting principle nor is it a correction of an error in previously issued financial statements.
	Commencing in the fourth quarter of 2013, the Company eliminated the presentation of gross profit in its Consolidated Statements of Operations as it is not an important metric for the Company or the industry.  The Company reports “Cost of revenue” as a separate line item within “Costs and operating expenses” in the Consolidated Statements of Operations.
	Advertising Costs
	Prior to the second quarter of 2014, the Company’s advertising costs consisted primarily of expenses associated with online advertising, email campaigns, media buys, other trade advertising and agency fees, and were expensed as incurred.  In the second quarter of 2014, the Company launched a national level media campaign in connection with its brand marketing efforts.  In contrast to our past advertising activities, this campaign included the production of several commercials which would be aired on national television over a twelve-month period.  This is the first time the Company has incurred material production costs.  Commencing with the second quarter of 2014, the Company capitalizes production costs associated with commercials and expenses them the first time the commercial is first publicly shown.  At June 30, 2014, the Company had $0.2 million in capitalized production costs associated with commercials that had not yet been publicly shown. These costs are recorded in “Other current assets” within the unaudited Condensed Consolidated Balance Sheets.

New_Accounting_Standards

New Accounting Standards	6 Months Ended
	Jun. 30, 2014
New Accounting Standards	'
New Accounting Standards	'
	3.  New Accounting Standards
	In May 2014, the FASB issued Accounting Standards Update No. 2014-09 (“ASU 2014-09”), “Revenue from Contracts with Customers.”  The amendments in ASU 2014-09 are intended to establish principles for reporting useful information to users of financial statements about the nature, amount, timing and uncertainty of revenues and cash flows arising from the entity’s contracts with customers.  An entity will be required to recognize revenue to depict the transfer of promised goods and 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.  Public entities are required to apply the amendments on either a full- or modified-retrospective basis for annual reporting periods beginning after December 15, 2016 and for interim periods within those annual periods.  Early adoption is not permitted.  The Company is currently evaluating the impact of the adoption of ASU 2014-09 on its consolidated financial statements.
	A variety of proposed or otherwise potential accounting standards are currently under evaluation by the various standard setting organizations and regulatory agencies.  Due to the tentative and preliminary nature of those proposed standards, management has not determined whether implementation of such proposed standards would have a material impact to the Company’s consolidated financial statements.

Segment_Information_and_Revenu

Segment Information and Revenues by Product Category	6 Months Ended
	Jun. 30, 2014
Segment Information and Revenues by Product Category	'
Segment Information and Revenues by Product Category	'
	4.  Segment Information and Revenues by Product Category
	Segment reporting requires the use of the management approach in determining reportable operating segments.  The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker (“CODM”) for making operating decisions and assessing performance.  The Company is aligned functionally with the management team, which is focused on and incentivized around the total company performance.  The CODM is provided with reports that show the Company’s results on a consolidated basis with additional expenditure information by functional area, but there is no additional financial information provided at any further segment level.  Based on this, the Company has determined that only one reportable segment exists.
	Within that single reporting segment, the Company categorizes its products and services into two groups:  (i) Consumer Advertising and (ii) Software and Services.  The Company’s Consumer Advertising products are focused on providing real estate consumers with the information, tools and professional expertise they need to make informed home buying, selling, financing and renting decisions through its operation of realtor.com® and other consumer-facing web sites.  The Company’s Software and Services products are committed to delivering valuable connections to real estate professionals by providing them with advertising systems, productivity and lead management tools, and reporting with the goal of helping to make them more successful.
	The following table summarizes the Company’s revenues by product category within its single reporting segment (in thousands):
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
	Revenue
	Consumer advertising	$	47,405	$	44,570	$	92,180	$	86,718
	Software and services	13,914		12,920		27,152		25,010
	Total revenue	$	61,319	$	57,490	$	119,332	$	111,728

Investments_in_Unconsolidated_

Investments in Unconsolidated Joint Ventures	6 Months Ended
	Jun. 30, 2014
Investment in Unconsolidated Joint Venture	'
Investment in Unconsolidated Joint Venture	'
	5.  Investment in Unconsolidated Joint Venture
	As of June 30, 2014 and December 31, 2013, the Company’s interest in its unconsolidated joint venture, Builders Digital Experience, LLC (“BDX”), amounted to $5.5 million and $4.6 million, respectively, which was recorded in “Investment in unconsolidated joint venture” within the unaudited Condensed Consolidated Balance Sheets.
	The Company’s proportionate share of earnings resulting from its investment in unconsolidated joint venture was $0.9 million and $0.5 million for the three months ended June 30, 2014 and 2013, respectively, and $1.7 million and $1.1 million for the six months ended June 30, 2014 and 2013, respectively, and was included in “Earnings of unconsolidated joint venture” within the unaudited Condensed Consolidated Statements of Operations.  The Company records its proportionate share of earnings one month in arrears.
	Summarized financial statement information for BDX follows (in thousands):
		Three Months Ended				Six Months Ended
		May 31,				May 31,
		2014		2013		2014		2013
	Revenue	$	6,316	$	4,972	$	11,984	$	9,585
	Cost of revenue	1,021		878		1,972		1,578
	Gross profit	5,295		4,094		10,012		8,007
	Total operating expenses	3,466		3,127		6,527		5,782
	Income before income taxes	1,829		967		3,485		2,225
	Income tax expense	40		40		45		95
	Net income	$	1,789	$	927	$	3,440	$	2,130
	The Company received cash distributions of $0.8 million and $1.2 million from BDX during the six months ended June 30, 2014 and 2013, respectively.

Convertible_Senior_Notes

Convertible Senior Notes	6 Months Ended
	Jun. 30, 2014
Debt	'
Debt	'
	6.  Convertible Senior Notes
	In August 2013, the Company issued 2.75% convertible senior notes due September 1, 2018 (the “Notes”) in the principal amount of $100.0 million.  Interest is payable in cash in arrears at a fixed rate of 2.75% on March 1 and September 1 of each year, beginning on March 1, 2014.  The Notes mature on September 1, 2018 unless repurchased or converted in accordance with their terms prior to such date.  The Company cannot redeem the Notes prior to maturity.
	The terms of the Notes are governed by an indenture by and between the Company and U.S. Bank National Association, as Trustee (the “Indenture”).  The Notes are unsecured, unsubordinated obligations and do not contain any financial covenants or any restrictions pertaining to the payment of dividends, the incurrence of senior debt or other indebtedness, or the issuance or repurchase of securities by the Company.  Upon conversion, holders of the Notes will receive cash, shares of the Company’s common stock or a combination of cash and shares of the Company’s common stock, at the Company’s election.
	For the Notes, the initial conversion rate is 53.2907 shares of common stock per $1,000 principal amount, which is equal to an initial conversion price of approximately $18.77 per share of common stock, subject to adjustment.  Prior to the close of business on June 1, 2018, the conversion is subject to the satisfaction of certain conditions as described below.
	Holders of the Notes who convert their notes in connection with certain corporate events that constitute a make-whole fundamental change (as set forth in the Indenture) are, under certain circumstances, entitled to an increase in the conversion rate.  Additionally, in the event of a corporate event that constitutes a fundamental change (as set forth in the Indenture), holders of the Notes may require us to repurchase all or a portion of their notes at a price equal to 100% of the principal amount of their notes, plus any accrued and unpaid interest.
	Holders of the Notes may convert all or a portion of their notes prior to the close of business on June 1, 2018, in multiples of $1,000 principal amount, only under the following circumstances:
	·         during any fiscal quarter commencing after the quarter ending on December 31, 2013, if the last reported sale price of the Company’s common stock for at least twenty trading days during a period of thirty 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 of the respective notes on each applicable trading day;
	·         during the five business day period after any five consecutive trading day period in which the trading price per $1,000 principal amount of the respective notes for each day of that five day consecutive trading day period was less than 98% of the product of the last reported sale price of the Company’s common stock and the conversion rate of the respective notes on such trading day; or
	·         upon the occurrence of specified corporate events as noted in the Indenture.
	In accounting for the issuance of the Notes, the Company separated the Notes into liability and equity components.  The carrying amount of the liability component was calculated by measuring the fair value of similar liabilities that do not have an associated convertible feature.  The carrying amount of the equity component, representing the conversion option, was determined by deducting the fair value of the liability component from the principal amount of the Notes.  This difference represents a debt discount that is amortized to interest expense over the term of the Notes.  The equity component is not remeasured as long as it continues to meet the conditions for equity classification.
	In accounting for the direct transaction costs (the “issuance costs”) related to the Notes, the Company allocated the total amount of issuance costs incurred to the liability and equity components based on their relative values.  Issuance costs, including fees paid to underwriters who acted as intermediaries in the placement of the Notes, attributable to the liability component are included within “Other assets” in the Consolidated Balance Sheets and are being amortized to interest expense over the term of the Notes, and the issuance costs attributable to the equity component were netted with the equity component and included within “Additional paid-in capital” in the Consolidated Balance Sheets.  The Company recorded issuance costs of $2.8 million and $0.6 million to the liability component and equity component, respectively.  Interest cost related to the amortization expense of the issuance costs associated with the liability component was $0.1 million and $0.3 million in the three and six months ended June 30, 2014, respectively.
	The Notes consisted of the following (in thousands):
		June 30, 2014			December 31, 2013
	Principal amounts:
	Principal	$	100,000		$	100,000
	Unamortized debt discount(1)	(15,912		)	(17,541		)
	Net carrying amount	$	84,088		$	82,459
	Carrying amount of the equity component(2)	$	18,137		$	18,137
	(1)Included in the unaudited Condensed Consolidated Balance Sheets within “Convertible senior notes,” and is amortized over the remaining life of the Notes on an effective interest rate basis.
	(2)Included in the unaudited Condensed Consolidated Balance Sheets within “Additional paid-in capital,” net of $0.6 million in issuance costs.
	As of June 30, 2014, the remaining life of the Notes was 50 months.  The Company applies the treasury stock method to determine the potential dilutive effect of the Notes on net income per share as a result of the Company’s intent and stated policy to settle the principal amount of the Notes in cash.
	The following table sets forth total interest expense recognized and the effective interest rate related to the Notes (in thousands, except effective interest rate):
		Three Months Ended			Six Months Ended
		June 30, 2014			June 30, 2014
	Contractual interest expense	$	688		$	1,360
	Interest cost related to amortization of debt issuance costs	127			253
	Interest cost related to amortization of the debt discount	817			1,629
	Effective interest rate of the liability component	7.9		%	7.9		%
	The initial net proceeds from the sale of the Notes were $96.6 million after deducting the issuance costs paid by the Company.  In connection with the sale of the Notes, the Company purchased 1,798,561 shares of its outstanding common stock in privately negotiated transactions for an aggregate purchase price of $25.0 million.  The Company intends to use the remainder of the net proceeds of the Notes for general corporate purposes and potential future acquisitions and strategic transactions.

Fair_Value_Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2014
Fair Value Measurements	'
Fair Value Measurements	'
	7.  Fair Value Measurements
	The Company defines fair value as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the reporting date.  The methodology establishes consistency and comparability by providing a fair value hierarchy that prioritizes the inputs to valuation techniques into three broad levels, which are described below:
	·         Level 1 inputs are quoted market prices in active markets for identical assets or liabilities (these are observable market inputs).
	·         Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability (includes quoted market prices for similar assets or identical or similar assets in markets in which there are few transactions, prices that are not current or prices that vary substantially).
	·         Level 3 inputs are unobservable inputs that reflect the entity’s own assumptions in pricing the asset or liability (used when little or no market data is available).
	As of June 30, 2014 and December 31, 2013, the Company’s cash and cash equivalent balances were held in unrestricted demand deposit accounts or invested in U.S. treasury bills with original maturity dates of three months or less for which fair value is determined using quoted market prices.  As of June 30, 2014 and December 31, 2013, the cash equivalent balances invested in U.S. treasury bills were valued at $35.0 million and $40.0 million, respectively, and are classified as level 1 in the fair value hierarchy.
	Certain assets and liabilities are measured at fair value on a non-recurring basis.  That is, such assets and liabilities are not measured at fair value on an ongoing basis, but are subject to fair value adjustments in certain circumstances (e.g. when there is evidence of impairment).  At June 30, 2014 and December 31, 2013, the Company had no significant non-financial assets or liabilities that had been adjusted to fair value subsequent to initial recognition.
	The carrying amounts and estimated fair values of financial instruments not recorded at fair value were as follows (in thousands):
		June 30, 2014				December 31, 2013
		Carrying		Estimated Fair		Carrying		Estimated Fair
		Amount		Value(1)		Amount		Value(1)
	Convertible senior notes	$	84,088	$	108,563	$	82,459	$	112,875
	(1)The fair value of the Notes is inclusive of the conversion feature, which was originally allocated for reporting purposes at $18.8 million, and is included in the unaudited Condensed Consolidated Balance Sheets within “Additional paid-in capital.”
	The estimated fair value of the Notes, which are classified as level 2 financial instruments, was determined based on the quoted bid price of the Notes in an over-the-counter secondary market on June 30, 2014 and December 31, 2013.
	Based on the closing price of the Company’s common stock of $14.79 and $15.99 on June 30, 2014 and December 31, 2013, respectively, the if-converted value of the Notes was less than their principal amounts.

Goodwill_and_Other_Intangible_

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets	'
Goodwill and Intangible Assets	'
	8.  Goodwill and Other Intangible Assets
	Goodwill totaled $41.6 million at June 30, 2014 and December 31, 2013, with no accumulated impairment losses.  The Company also had both indefinite- and definite-lived intangible assets at those dates.  Indefinite-lived intangible assets consist of domain names, trade names and trademarks used to market products for the foreseeable future and do not have any known useful life limitations due to legal, contractual, regulatory, economic or other factors.  Definite-lived intangible assets consist of certain trade names, trademarks, brand names, domain names, content syndication agreements, purchased technology, customer contracts and related customer relationships, non-contractual customer relationships, other miscellaneous agreements and web site content.  The definite-lived intangible assets are amortized over the expected period of benefit.  There are no expected residual values related to these intangible assets.
	Intangible assets by category were as follows (in thousands):
		June 30, 2014				December 31, 2013
		Gross		Accumulated		Gross		Accumulated
		Amount		Amortization		Amount		Amortization
	Trade names, trademarks, brand names, and domain names	$	1,540	$	759	$	1,530	$	657
	Content syndication agreements	3,800		2,871		3,800		2,491
	Purchased technology	11,650		4,516		11,800		3,605
	Customer relationships	8,630		2,604		8,630		2,014
	Other	3,583		3,166		3,583		2,803
	Total definite-lived intangible assets	29,203		13,916		29,343		11,570
	Trade names and trademarks	6,630		—		6,630		—
	Total indefinite-lived intangible assets	6,630		—		6,630		—
	Total intangible assets	$	35,833	$	13,916	$	35,973	$	11,570
	Amortization expense for the Company’s intangible assets was $1.2 million and $1.1 million for the three months ended June 30, 2014 and 2013, respectively, and $2.5 million and $2.1 million for the six months ended June 30, 2014 and 2013, respectively.  Amortization expense for the next five years is estimated to be as follows (in thousands):
	Years Ended December 31,
	2014 (remaining 6 months)	$	2,190
	2015	3,824
	2016	2,825
	2017	2,755
	2018	2,076

StockBased_Compensation_and_Ch

Stock-Based Compensation and Charges	6 Months Ended
	Jun. 30, 2014
Stock-Based Compensation and Charges	'
Stock-Based Compensation and Charges	'
	9.  Stock-Based Compensation and Charges
	The following chart summarizes the stock-based compensation and charges associated with stock option, restricted stock and restricted stock unit grants to employees and non-employees, that have been included in the following financial statement captions for each of the periods presented (in thousands):
		Three Months Ended					Six Months Ended
		June 30,					June 30,
		2014			2013		2014		2013
	Cost of revenue	$	111		$	85	$	223	$	187
	Sales and marketing	703			587		1,376		1,098
	Product and web site development	978			747		2,815		1,327
	General and administrative	1,190			1,457		2,294		2,887
	Total stock-based compensation and charges	$	2,982		$	2,876	$	6,708	$	5,499
	Stock Option Awards
	The fair value of stock option awards was estimated on the date of grant using a Black-Scholes option valuation model that used the ranges of assumptions in the following table.  The risk-free interest rates are based upon U.S. Treasury zero-coupon bonds for the periods during which the options were granted.  The expected term of stock options granted represents the weighted-average period that the stock options are expected to remain outstanding.  The Company has not declared and does not expect to declare dividends on its common stock; accordingly, the dividend yield for valuation purposes is assumed to be zero.  The Company bases its computation of expected volatility upon a combination of historical and market-based implied volatility.
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014	2013
	Risk-free interest rates	1.54%-1.62%		0.69%-1.41%		1.48%-1.73%	0.69%-1.41%
	Expected term (in years)	5.85		5.85		5.85	5.85
	Dividend yield	0%		0%		0%	0%
	Expected volatility	55%		75%		55%-65%	75%
	During the six months ended June 30, 2014, the Company granted 793,175 stock options with a weighted-average grant date fair value of $7.67 per share.  During the six months ended June 30, 2013, the Company granted 904,400 stock options with a weighted-average grant date fair value of $6.23 per share.  The total cost recognized related to stock option awards was $1.2 million and $1.3 million for the three months ended June 30, 2014 and 2013, respectively.  For the six months ended June 30, 2014 and 2013, the total cost recognized related to stock option awards was $2.7 million and $2.3 million, respectively.
	As of June 30, 2014, there were 4,586,505 stock options outstanding, and the weighted-average exercise price of those outstanding options was $10.16 per share.
	Restricted Stock Awards
	The Company grants restricted stock awards to the non-employee members of its Board of Directors as remuneration for serving on its Board (except for any director who is entitled to a seat on the Board of Directors on a contractual basis or has waived remuneration as a director).  The Company granted 53,608 and 45,959 shares of restricted stock to the non-employee members of its Board of Directors during the six months ended June 30, 2014 and 2013, respectively.  The total cost recognized for restricted stock awards granted to members of its Board of Directors was $0.1 million for the three months ended June 30, 2014 and 2013, and $0.2 million for the six months ended June 30, 2014 and 2013.
	The Company also grants restricted stock awards to certain executives and key employees.  Generally, these shares, subject to certain terms and restrictions, vest in equal annual installments over the four-year period following the grant date.  The Company made no restricted stock award grants to the executives and key employees during the six months ended June 30, 2014 and 2013.  The total cost recognized for restricted stock awards granted to employees was $0.1 million and $0.2 million for the three months ended June 30, 2014 and 2013, respectively, and $0.6 million and $0.4 million for the six months ended June 30, 2014 and 2013, respectively.
	As of June 30, 2014, there were 214,080 shares of non-vested restricted stock outstanding that were granted pursuant to restricted stock awards with an aggregate grant date fair value of $2.0 million.
	Restricted Stock Units
	The Company also grants restricted stock units.  Generally, these restricted stock units, subject to certain terms and restrictions, vest in equal annual installments over the four-year period following the grant date, resulting in the issuance, on a one-for-one basis, of shares of our common stock after the vesting date.  During the six months ended June 30, 2014, the Company granted 854,450 restricted stock units with a grant date fair value of $11.2 million, which is being amortized over the four-year vesting period.  During the six months ended June 30, 2013, the Company granted 894,946 restricted stock units with a grant date fair value of $9.2 million, which is being amortized over the vesting period.  The total cost recognized for restricted stock units was $1.5 million and $1.3 million for the three months ended June 30, 2014 and 2013, respectively, and $3.0 million and $2.5 million for the six months ended June 30, 2014 and 2013, respectively.
	As of June 30, 2014, there were 1,863,267 non-vested restricted stock units outstanding with an aggregate grant date fair value of $21.3 million.

Common_Stock_Repurchases

Common Stock Repurchases	6 Months Ended
	Jun. 30, 2014
Common Stock Repurchases	'
Common Stock Repurchases	'
	10.  Common Stock Repurchases
	In March 2013, the Company’s Board of Directors authorized a stock repurchase program (the “Program”).  The Program authorizes, in one or more transactions taking place during a two-year period commencing May 2, 2013, the repurchase of the Company’s outstanding common stock utilizing surplus cash in an amount of up to $20 million.  Under the Program, the Company is authorized to repurchase shares of its common stock in the open market or in privately negotiated transactions. The timing and amount of any repurchase transaction under the Program is dependent upon market conditions, corporate considerations, and regulatory requirements.  Shares repurchased under the Program will be retired to constitute authorized but unissued shares of the Company’s common stock.  As of June 30, 2014, the Company has repurchased 84,054 shares of its outstanding common stock in the open market for $1.0 million since the inception of the Program.  There were no shares repurchased during the six months ended June 30, 2014.

Net_Income_Loss_Per_Share

Net Income (Loss) Per Share	6 Months Ended
	Jun. 30, 2014
Net Income Per Share	'
Net Income Per Share	'
	11.  Net Income (Loss) Per Share
	Basic net income (loss) per share is computed by dividing the net income (loss) for the period by the weighted-average number of common shares outstanding.  Diluted net income per share is computed by giving effect to all potential weighted-average dilutive common stock, including stock options, restricted stock, restricted stock units and convertible senior notes.  The dilutive effect of outstanding stock options, restricted stock and restricted stock units, and the convertible senior notes is reflected in diluted net income per share by application of the treasury stock method.  Shares associated with stock options, restricted stock, restricted stock units and convertible senior notes are not included to the extent they are antidilutive.
	The following table sets forth the computation of basic and diluted net income (loss) per share for the periods indicated (in thousands, except per share amounts):
		Three Months Ended					Six Months Ended
		June 30,					June 30,
		2014			2013		2014			2013
	Numerator:
	Net (loss) income	$	(6,293	)	$	466	$	(11,475	)	$	366
	Denominator:
	Basic weighted-average shares outstanding	39,444			39,480		39,228			39,293
	Add: dilutive effect of options and restricted stock	—			1,948		—			1,657
	Fully diluted weighted-average shares outstanding	39,444			41,428		39,228			40,950
	Basic net (loss) income per share	$	(0.16	)	$	0.01	$	(0.29	)	$	0.01
	Diluted net (loss) income per share	$	(0.16	)	$	0.01	$	(0.29	)	$	0.01
	For the three and six months ended June 30, 2014, the denominator in the above computation of diluted net loss per share excludes stock options, restricted stock units and non-vested restricted stock awards totaling 6,663,852 as their effect would be antidilutive due to the Company’s net loss for those periods.  For the three and six months ended June 30, 2013, the denominator in the above calculation of diluted net income per share excludes “out-of-the-money” stock options of 1,296,096 and 1,366,971, respectively, as their effect would be antidilutive.
	The Notes did not have a dilutive effect in the above calculation of diluted net loss per share for the three and six months ended June 30, 2014.

RelatedParty_Transactions

Related-Party Transactions	6 Months Ended
	Jun. 30, 2014
Related-Party Transactions	'
Related-Party Transactions	'
	12.  Related-Party Transactions
	The Company makes payments to the National Association of Realtors® (“NAR”) required under its operating agreement with the NAR and under certain other advertising agreements.  Total amounts paid under these agreements were $0.5 million for the three months ended June 30, 2014 and 2013, and $1.0 million for the six months ended June 30, 2014 and 2013.  As of June 30, 2014 and December 31, 2013, the Company had balances due to the NAR of $0.5 million, which are included in “Accounts payable” within the unaudited Condensed Consolidated Balance Sheets.

Income_Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2014
Income Taxes	'
Income Taxes	'
	13.  Income Taxes
	As a result of historical net operating losses (“NOLs”), the Company currently provides a full valuation allowance against its net deferred tax assets.  For the three and six months ended June 30, 2014 and 2013, income tax expense was computed at the estimated annual effective rate based on the total estimated annual tax provision which included state income taxes and a deferred tax provision related to amortization of certain indefinite-lived intangible assets.
	During the three and six months ended June 30, 2014 and 2013, income tax expense differed from the income tax expense expected at the statutory rate primarily due to the valuation allowance recorded against the deferred tax benefits generated from net operating losses incurred, certain non-deductible items, state income taxes, and a deferred tax provision related to amortization of certain indefinite-lived intangible assets.  Based on management’s assessment, the Company has placed a valuation reserve against its remaining deferred tax assets due to the likelihood that the Company may not generate sufficient taxable income during the carryforward period to utilize the NOLs.  Management regularly reviews the Company’s net deferred tax valuation allowance to determine if available evidence continues to support the Company’s position that it is more likely than not (likelihood of more than 50%) that a portion of or the entire deferred tax asset will not be realized in the future.  As of June 30, 2014, due to the Company’s recent history of losses, management could not conclude that it is more likely than not that the deferred tax assets will be realized.  As a result, the Company will continue to maintain a full valuation allowance against its remaining deferred tax assets.  The Company will continue to assess its position in future periods to determine if it is appropriate to reduce a portion of its valuation allowance in the future.
	The Company’s policy is to recognize interest and penalties related to uncertain tax positions in income tax expense.  The Company does not have any interest or penalties related to uncertain tax positions in income tax expense for the three and six months ended June 30, 2014 and 2013.  The tax years 1993 to 2013 remain open to examination by the major taxing jurisdictions to which the Company is subject.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2014
Commitments and Contingencies	'
Commitments and Contingencies	'
	14.  Commitments and Contingencies
	Legal Proceedings
	The Company is currently involved in certain legal proceedings, as discussed within the section “Legal Proceedings” in Note 21, “Commitments and Contingencies” within our Consolidated Financial Statements contained in Item 8 in the Annual Report, and below in this Note 14.  From time to time, the Company is a party to various other litigation and administrative proceedings relating to claims arising from its operations in the ordinary course of business.  However, as of the date of this Quarterly Report on Form 10-Q, and except as disclosed below, there have been no material developments in the legal proceedings disclosed in the Annual Report, and the Company is not a party to any other litigation or administrative proceedings that management believes will have a material adverse effect on the Company’s business, results of operations, financial condition or cash flows.
	On February 28, 2007, in a patent infringement action against a real estate agent, Diane Sarkisian, pending in the U.S. District Court for the Eastern District of Pennsylvania (the “Sarkisian case”), Real Estate Alliance, Limited (“REAL”) moved to certify two classes of defendants: subscribers and members of the multiple listing service of which Sarkisian was a member, and customers of the Company who had purchased enhanced listings from the Company.  The U.S. District Court in the Sarkisian case denied REAL’s motion to certify the classes on September 24, 2007.  On March 25, 2008, the U.S. District Court in the Sarkisian case stayed that case, and denied without prejudice all pending motions, pending the U.S. District Court of California’s determination in the Move California Action (see below) of whether the Company’s web sites infringe the REAL patents.
	On April 3, 2007, in response to REAL’s attempt to certify our customers as a class of defendants in the Sarkisian case, the Company filed a complaint in the U.S. District Court for the Central District of California (the “District Court”) against REAL and its licensing agent (the “Move California Action”) seeking a declaratory judgment that the Company does not infringe U.S. Patent Nos. 4,870,576 and 5,032,989 (the “REAL patents”), that the REAL patents are invalid and/or unenforceable, and alleging several business torts and unfair competition.  On August 8, 2007, REAL denied the Company’s allegations, and asserted counterclaims against the Company for infringement of the REAL patents seeking compensatory damages, punitive damages, treble damages, costs, expenses, reasonable attorneys’ fees and pre- and post-judgment interest.  On March 11, 2008, REAL filed a separate suit in the District Court (the “REAL California Action”) alleging infringement of the REAL patents against the NAR and the National Association of Home Builders (the “NAHB”) as individual defendants, as well as various brokers including RE/Max International (“RE/Max”), agents, MLSs, new home builders, rental property owners, and technology companies.  The Company is not named as a defendant in the REAL California Action; however, the Company is defending the NAR, the NAHB and RE/Max.  On July 29, 2008, the Move California Action was transferred to the same judge in the REAL California Action and in September 2008, the District Court coordinated both cases and issued an order dividing the issues into two phases.  Phase 1 addresses issues of patent validity and enforceability, whether Move web sites infringe, possible damages, and liability of Move, the NAR and the NAHB.  Phase 2 will address REAL’s infringement claims related to the web sites owned or operated by the remaining defendants and whether those defendants infringe the REAL patents by using the Move web sites.  The District Court has stayed Phase 2 pending resolution of the issues in Phase 1.
	On November 25, 2009, the District Court entered its claim construction order in the Move California Action.  On January 27, 2010, upon joint request of the parties, the District Court entered judgment of non-infringement of the patent.  In July 2010, REAL appealed the District Court’s claim construction with the Federal Circuit Court of Appeals (the “Circuit Court”).  On March 22, 2011, the Circuit Court concluded that the District Court erred in certain of its claim construction and vacated and remanded the case for further proceedings.
	On October 18, 2011, the parties filed a Joint Brief on Summary Judgment Motions, each side putting forth its arguments requesting the District Court to enter summary judgment in its favor.  On January 26, 2012, the District Court entered an order granting the Company’s motion for summary judgment on the Company’s claim of non-infringement of the patent.  On March 27, 2012, REAL appealed the District Court’s summary judgment order.  On March 4, 2013, the Circuit Court issued its opinion affirming the District Court’s ruling of no direct infringement of the patent by the Company, but remanded the case to the District Court for a determination of induced infringement under the standard set forth in Akamai Technologies, Inc. v. Limelight Network, Inc., 692 F.3d 1301 (Fed. Cir. 2012) (S.Ct. Cert. No. 12-960).  The Company filed a motion for rehearing to the Circuit Court on May 3, 2013.  On June 12, 2013, the Circuit Court denied the Company’s motion and remanded the case to the District Court.  On January 10, 2014, the U. S. Supreme Court granted writ of certiorari in the Akamai case on the issue of whether the Circuit Court erred in holding that a defendant may be held liable for inducing patent infringement in the absence of a finding of direct infringement.  On February 3, 2014, the District Court entered an order staying the case pending the U.S. Supreme Court decision in the Akamai case.
	On June 2, 2014, the U.S. Supreme Court reversed the Circuit Court’s decision in Akamai, holding that an entity cannot be liable for induced infringement when no one is liable for direct infringement.  On June 23, 2014, based on the U.S. Supreme Court’s reversal of Akamai, the District Court reinstated its grant of summary judgment of non-infringement and entered final judgment in favor of the Company.  On July 21, 2014, REAL filed a notice of appeal of the District Court’s final judgment.
	The Company intends to vigorously defend all claims.  At this time, however, the Company is unable to express an opinion on the outcome of these cases.
	In March 2010, Smarter Agent, LLC (“Smarter Agent”) filed suit against Move, Inc., against the Company’s affiliate, RealSelect, Inc. (“RealSelect”), and also against other co-defendants Boopsie, Inc., Classified Ventures, LLC, Hotpads, Inc., IDX, Inc., Multifamily Technology Solutions, Inc., D/B/A MyNewPlace, Primedia, Inc., Consumer Source, Inc., Trsoft, Inc., D/B/A PlanetRE, Trulia, Inc., Zillow, Inc., and ZipRealty, Inc. in the U.S. District Court for the District of Delaware (the “Court”).  The complaint alleges that the Company and RealSelect, Inc. infringe U.S. Patents 6,385,541; 6,496,776; and 7,072,665 (“Patents in Suit”) by offering an iPhone application for the realtor.com® web site and requested an unspecified amount of damages (including enhanced damages for willful infringement and attorneys’ fees) and an injunction.  On August 31, 2010, co-defendants Boopsie, Inc., Classified Ventures, LLC, Hotpads, Inc., IDX, Inc., Multifamily Technology Solutions, Inc., Primedia, Inc., Consumer Source, Inc., Trsoft, Inc., Trulia, Inc., Zillow, Inc., and ZipRealty, Inc., filed requests for interpartes reexamination of the Patents in Suit with the U.S. Patent and Trademark Office (“PTO”).  On September 30, 2010, the Company filed an answer and counter claims on behalf of Move and RealSelect.  On October 22, 2010, SmarterAgent filed its answer to such counter claims.  The PTO accepted the Patents in Suit for re-examination and on December 21, 2010, issued an initial office action rejecting all claims in the Patents in Suit.  Smarter Agent appealed the PTO’s rejection to the Patent Trial and Appeals Board.  On March 2, 2011, all parties agreed to stipulate to stay the lawsuit pending the completion of all re-examination proceedings at the PTO and on March 7, 2011, the Court so ordered the stay as requested.  The Company intends to vigorously defend all claims.  At this time, however, the Company is unable to express an opinion on the outcome of this case.
	Contingencies
	From time to time, the Company is subject to a variety of threats or claims, other than formal litigation or legal proceedings, which arise in the ordinary course of business and relate to commercial, intellectual property, employment and other matters.  However, as of the date of this Form 10-Q, and except as disclosed herein, or in the Annual Report, the Company does not believe such threats or claims will have a material adverse effect upon its business, results of operations, financial condition or cash flows, although the Company can offer no assurance as to the ultimate outcome of any such matters.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2014
Principles of Consolidation and Basis of Presentation	'
Basis of Presentation	'
	Basis of Presentation
	The Company’s unaudited Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), including those for interim financial information, and with the instructions for Form 10-Q and Article 10 of Regulation S-X issued by the United States Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and note disclosures required by U.S. GAAP for complete financial statements. These statements are unaudited and, in the opinion of management, all adjustments (which include only normal recurring adjustments) considered necessary for a fair presentation have been included. These unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 (the “Annual Report”), which was filed with the SEC on February 18, 2014.  The results of operations for the three and six months ended June 30, 2014, are not necessarily indicative of the operating results expected for the full year ending December 31, 2014.
Principles of Consolidation	'
	Principles of Consolidation
	The accompanying financial statements are consolidated and include the financial statements of Move and its majority-owned subsidiaries.  All significant intercompany balances and transactions have been eliminated in consolidation.  Investments in private entities where the Company holds a 50% or less ownership interest and does not exercise control are accounted for using the equity method of accounting.  The investment balance is included in “Investment in unconsolidated joint venture” within the Consolidated Balance Sheets and the Company’s share of the investees’ results of operations is included in “Earnings of unconsolidated joint venture” within the Consolidated Statements of Operations.  Investments in private entities where the Company holds an ownership interest of less than 20% and does not have significant influence over the entity are accounted for on the cost basis of accounting.
	The Company has evaluated all subsequent events through the date the financial statements were issued.
Reclassification	'
	Reclassification
	The Company reclassified certain prior year amounts to conform to its presentation within the Consolidated Statements of Operations for the year ended December 31, 2013.  Specifically, effective October 1, 2013, the Company elected to change the presentation of certain lead acquisition costs and to reclassify these costs from “Cost of revenue” to “Sales and marketing” within its Consolidated Statements of Operations in order to be more consistent with certain of its peers and to combine all traffic acquisition costs that are not considered directly related to the fulfillment of products into “Sales and marketing.”  This had the effect of decreasing “Cost of revenue” and increasing “Sales and marketing” expense by $2.0 million and $3.8 million, or 4% and 3% of revenue, for the three and six months ended June 30, 2013, respectively.  Based on a review of U.S. GAAP, management has concluded that this reclassification is not a change in accounting principle nor is it a correction of an error in previously issued financial statements.
	Commencing in the fourth quarter of 2013, the Company eliminated the presentation of gross profit in its Consolidated Statements of Operations as it is not an important metric for the Company or the industry.  The Company reports “Cost of revenue” as a separate line item within “Costs and operating expenses” in the Consolidated Statements of Operations.
Advertising Costs	'
	Advertising Costs
	Prior to the second quarter of 2014, the Company’s advertising costs consisted primarily of expenses associated with online advertising, email campaigns, media buys, other trade advertising and agency fees, and were expensed as incurred.  In the second quarter of 2014, the Company launched a national level media campaign in connection with its brand marketing efforts.  In contrast to our past advertising activities, this campaign included the production of several commercials which would be aired on national television over a twelve-month period.  This is the first time the Company has incurred material production costs.  Commencing with the second quarter of 2014, the Company capitalizes production costs associated with commercials and expenses them the first time the commercial is first publicly shown.  At June 30, 2014, the Company had $0.2 million in capitalized production costs associated with commercials that had not yet been publicly shown. These costs are recorded in “Other current assets” within the unaudited Condensed Consolidated Balance Sheets.

Segment_Information_and_Revenu1

Segment Information and Revenues by Product Category (Tables)	6 Months Ended
	Jun. 30, 2014
Segment Information and Revenues by Product Category	'
Summary of the Company's revenues by product category within its single reportable operating segment	'
	The following table summarizes the Company’s revenues by product category within its single reporting segment (in thousands):
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
	Revenue
	Consumer advertising	$	47,405	$	44,570	$	92,180	$	86,718
	Software and services	13,914		12,920		27,152		25,010
	Total revenue	$	61,319	$	57,490	$	119,332	$	111,728

Investments_in_Unconsolidated_1

Investments in Unconsolidated Joint Ventures (Tables)	6 Months Ended
	Jun. 30, 2014
Investment in Unconsolidated Joint Venture	'
Summary of financial statement information for BDX	'
	Summarized financial statement information for BDX follows (in thousands):
		Three Months Ended				Six Months Ended
		May 31,				May 31,
		2014		2013		2014		2013
	Revenue	$	6,316	$	4,972	$	11,984	$	9,585
	Cost of revenue	1,021		878		1,972		1,578
	Gross profit	5,295		4,094		10,012		8,007
	Total operating expenses	3,466		3,127		6,527		5,782
	Income before income taxes	1,829		967		3,485		2,225
	Income tax expense	40		40		45		95
	Net income	$	1,789	$	927	$	3,440	$	2,130

Convertible_Senior_Notes_Table

Convertible Senior Notes (Tables)	6 Months Ended
	Jun. 30, 2014
Debt	'
Schedule of components of Notes	'
	The Notes consisted of the following (in thousands):
		June 30, 2014			December 31, 2013
	Principal amounts:
	Principal	$	100,000		$	100,000
	Unamortized debt discount(1)	(15,912		)	(17,541		)
	Net carrying amount	$	84,088		$	82,459
	Carrying amount of the equity component(2)	$	18,137		$	18,137
	(1)Included in the unaudited Condensed Consolidated Balance Sheets within “Convertible senior notes,” and is amortized over the remaining life of the Notes on an effective interest rate basis.
	(2)Included in the unaudited Condensed Consolidated Balance Sheets within “Additional paid-in capital,” net of $0.6 million in issuance costs.
Schedule of total interest expense recognized related to the Notes	'
	The following table sets forth total interest expense recognized and the effective interest rate related to the Notes (in thousands, except effective interest rate):
		Three Months Ended			Six Months Ended
		June 30, 2014			June 30, 2014
	Contractual interest expense	$	688		$	1,360
	Interest cost related to amortization of debt issuance costs	127			253
	Interest cost related to amortization of the debt discount	817			1,629
	Effective interest rate of the liability component	7.9		%	7.9		%

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2014
Fair Value Measurements	'
Schedule of carrying amounts and estimated fair values of financial instruments not recorded at fair value	'
	The carrying amounts and estimated fair values of financial instruments not recorded at fair value were as follows (in thousands):
		June 30, 2014				December 31, 2013
		Carrying		Estimated Fair		Carrying		Estimated Fair
		Amount		Value(1)		Amount		Value(1)
	Convertible senior notes	$	84,088	$	108,563	$	82,459	$	112,875
	(1)The fair value of the Notes is inclusive of the conversion feature, which was originally allocated for reporting purposes at $18.8 million, and is included in the unaudited Condensed Consolidated Balance Sheets within “Additional paid-in capital.”

Goodwill_and_Other_Intangible_1

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets	'
Schedule of intangible assets by category	'
	Intangible assets by category were as follows (in thousands):
		June 30, 2014				December 31, 2013
		Gross		Accumulated		Gross		Accumulated
		Amount		Amortization		Amount		Amortization
	Trade names, trademarks, brand names, and domain names	$	1,540	$	759	$	1,530	$	657
	Content syndication agreements	3,800		2,871		3,800		2,491
	Purchased technology	11,650		4,516		11,800		3,605
	Customer relationships	8,630		2,604		8,630		2,014
	Other	3,583		3,166		3,583		2,803
	Total definite-lived intangible assets	29,203		13,916		29,343		11,570
	Trade names and trademarks	6,630		—		6,630		—
	Total indefinite-lived intangible assets	6,630		—		6,630		—
	Total intangible assets	$	35,833	$	13,916	$	35,973	$	11,570
Schedule of estimated amortization expense	'
	Amortization expense for the next five years is estimated to be as follows (in thousands):
	Years Ended December 31,
	2014 (remaining 6 months)	$	2,190
	2015	3,824
	2016	2,825
	2017	2,755
	2018	2,076

StockBased_Compensation_and_Ch1

Stock-Based Compensation and Charges (Tables)	6 Months Ended
	Jun. 30, 2014
Stock-Based Compensation and Charges	'
Summary of stock-based compensation and charges, associated with stock option, restricted stock and restricted stock unit grants to employees and nonemployees	'
	The following chart summarizes the stock-based compensation and charges associated with stock option, restricted stock and restricted stock unit grants to employees and non-employees, that have been included in the following financial statement captions for each of the periods presented (in thousands):
		Three Months Ended					Six Months Ended
		June 30,					June 30,
		2014			2013		2014		2013
	Cost of revenue	$	111		$	85	$	223	$	187
	Sales and marketing	703			587		1,376		1,098
	Product and web site development	978			747		2,815		1,327
	General and administrative	1,190			1,457		2,294		2,887
	Total stock-based compensation and charges	$	2,982		$	2,876	$	6,708	$	5,499
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	'
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014	2013
	Risk-free interest rates	1.54%-1.62%		0.69%-1.41%		1.48%-1.73%	0.69%-1.41%
	Expected term (in years)	5.85		5.85		5.85	5.85
	Dividend yield	0%		0%		0%	0%
	Expected volatility	55%		75%		55%-65%	75%

Net_Income_Loss_Per_Share_Tabl

Net Income (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2014
Net Income Per Share	'
Schedule of Calculation of Numerator and Denominator in Earnings Per Share	'
	The following table sets forth the computation of basic and diluted net income (loss) per share for the periods indicated (in thousands, except per share amounts):
		Three Months Ended					Six Months Ended
		June 30,					June 30,
		2014			2013		2014			2013
	Numerator:
	Net (loss) income	$	(6,293	)	$	466	$	(11,475	)	$	366
	Denominator:
	Basic weighted-average shares outstanding	39,444			39,480		39,228			39,293
	Add: dilutive effect of options and restricted stock	—			1,948		—			1,657
	Fully diluted weighted-average shares outstanding	39,444			41,428		39,228			40,950
	Basic net (loss) income per share	$	(0.16	)	$	0.01	$	(0.29	)	$	0.01
	Diluted net (loss) income per share	$	(0.16	)	$	0.01	$	(0.29	)	$	0.01

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2013	Jun. 30, 2013	Jun. 30, 2014
Advertising Costs	'	'	'
Capitalized production costs associated with commercials not yet publicly shown	'	'	$0.20
Basis Of Presentation	'	'	'
Certain lead acquisition costs reclassified from cost of revenue to sales and marketing	$2	$3.80	'
Certain lead acquisition costs reclassified from cost of revenue to sales and marketing, as a percentage of revenue	4.00%	3.00%	'

Segment_Information_and_Revenu2

Segment Information and Revenues by Product Category (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
			item
Segment Information and Revenues by Product Category	'	'	'	'
Number of reportable operating segments	'	'	1	'
Categories of products or services	'	'	2	'
Segment information and revenues by product category	'	'	'	'
Total revenue	$61,319	$57,490	$119,332	$111,728
Consumer Advertising [Member]	'	'	'	'
Segment information and revenues by product category	'	'	'	'
Total revenue	47,405	44,570	92,180	86,718
Software And Services [Member]	'	'	'	'
Segment information and revenues by product category	'	'	'	'
Total revenue	$13,914	$12,920	$27,152	$25,010

Investments_in_Unconsolidated_2

Investments in Unconsolidated Joint Ventures (Details) (USD $)	3 Months Ended				6 Months Ended
	Jun. 30, 2014	31-May-14	Jun. 30, 2013	31-May-13	Jun. 30, 2014	31-May-14	Jun. 30, 2013	31-May-13	Dec. 31, 2013
Investment in unconsolidated joint venture	'	'	'	'	'	'	'	'	'
Investments in and advance to affiliates, subsidiaries, associates, and joint venture	$5,467,000	'	'	'	$5,467,000	'	'	'	$4,596,000
Income (loss) from equity method investments	895,000	'	463,000	'	1,720,000	'	1,065,000	'	'
Builders Digital Experience Llc [Member]	'	'	'	'	'	'	'	'	'
Investment in unconsolidated joint venture	'	'	'	'	'	'	'	'	'
Investments in and advance to affiliates, subsidiaries, associates, and joint venture	5,500,000	'	'	'	5,500,000	'	'	'	4,600,000
Income (loss) from equity method investments	900,000	'	500,000	'	1,700,000	'	1,100,000	'	'
Summarized income statement information	'	'	'	'	'	'	'	'	'
Revenue	'	6,316,000	'	4,972,000	'	11,984,000	'	9,585,000	'
Cost of revenue	'	1,021,000	'	878,000	'	1,972,000	'	1,578,000	'
Gross profit	'	5,295,000	'	4,094,000	'	10,012,000	'	8,007,000	'
Operating expenses	'	3,466,000	'	3,127,000	'	6,527,000	'	5,782,000	'
Income before income taxes	'	1,829,000	'	967,000	'	3,485,000	'	2,225,000	'
Income tax expense	'	40,000	'	40,000	'	45,000	'	95,000	'
Net income	'	1,789,000	'	927,000	'	3,440,000	'	2,130,000	'
Cash distributions from unconsolidated joint venture	'	'	'	'	$800,000	'	$1,200,000	'	'

Convertible_Senior_Notes_Detai

Convertible Senior Notes (Details) (USD $)	6 Months Ended	14 Months Ended		0 Months Ended	1 Months Ended	3 Months Ended	6 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Aug. 12, 2013	Aug. 31, 2013	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014
				Convertible Debt [Member]	Convertible Debt [Member]	Convertible Debt [Member]	Convertible Debt [Member]	Convertible Debt [Member]	Convertible Debt [Member]
							item		Maximum [Member]
Convertible Senior Notes	'	'	'	'	'	'	'	'	'
Debt instrument, stated interest rate (as a percent)	'	'	'	'	2.75%	'	'	'	'
Principal amount	'	'	'	'	$100,000,000	'	'	'	'
Initial conversion rate of common stock (in shares)	'	'	'	'	'	'	0.0532907	'	'
Initial conversion price of Notes into common stock (in dollars per share)	'	'	'	'	'	$18.77	$18.77	'	'
Percentage of principal amount of the notes, plus any accrued and unpaid interest, at which the holder of the Notes may require the entity to repurchase the debt instrument if the entity undergoes certain fundamental changes	'	'	'	'	'	'	100.00%	'	'
Number of days within 30 consecutive trading days in which the closing price of the entity's common stock must exceed 130% of the conversion price as a condition for conversion of Notes	'	'	'	'	'	'	20	'	'
Number of consecutive trading days during which the closing price of the entity's common stock must exceed 130% of the conversion price for at least 20 days as a condition for conversion of Notes	'	'	'	'	'	'	'30 days	'	'
Percentage of the conversion price that the closing sales price of the entity's common stock must exceed as a condition for conversion of Notes	'	'	'	'	'	'	130.00%	'	'
Number of consecutive business days immediately after any five consecutive trading day period during the note measurement period	'	'	'	'	'	'	'5 days	'	'
Number of consecutive trading days before five consecutive business days during the note measurement period	'	'	'	'	'	'	'5 days	'	'
Principal amount used for debt instrument conversion ratio	'	'	'	'	'	1,000	1,000	'	'
Percentage of the trading price to the product of the last reported sale price of the entity's common stock and the conversion rate	'	'	'	'	'	'	'	'	98.00%
Issuance costs attributable to the liability component	'	'	'	'	2,800,000	'	'	'	'
Issuance costs attributable to the equity component	'	'	'	'	600,000	'	'	'	'
Interest cost related to the amortization expense of the issuance costs associated with the liability component	'	'	'	'	'	100,000	300,000	'	'
Initial net proceeds	'	'	'	'	96,600,000	'	'	'	'
Shares purchased	0	84,054	'	1,798,561	'	'	'	'	'
Aggregate purchase price	'	1,000,000	'	25,000,000	'	'	'	'	'
Components of Notes	'	'	'	'	'	'	'	'	'
Principal	'	'	'	'	'	100,000,000	100,000,000	100,000,000	'
Unamortized debt discount	'	'	'	'	'	-15,912,000	-15,912,000	-17,541,000	'
Net carrying amount	84,088,000	84,088,000	82,459,000	'	'	84,088,000	84,088,000	82,459,000	'
Carrying amount of the equity component	'	'	'	'	'	18,137,000	18,137,000	18,137,000	'
Remaining life	'	'	'	'	'	'	'50 months	'	'
Total interest expense recognized related to the Notes	'	'	'	'	'	'	'	'	'
Contractual interest expense	'	'	'	'	'	688,000	1,360,000	'	'
Interest cost related to amortization of debt issuance costs	'	'	'	'	'	127,000	253,000	'	'
Interest cost related to amortization of the debt discount	'	'	'	'	'	$817,000	$1,629,000	'	'
Effective interest rate of the liability component (as a percent)	'	'	'	'	'	7.90%	7.90%	'	'

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Fair Value Measurements	'	'
Original carrying value allocated to the equity component of convertible senior notes	$18,800,000	'
Closing price of the company's common stock (in dollars per share)	$14.79	$15.99
Level 1 [Member] | Recurring [Member] | US treasury bills [Member]	'	'
Fair Value Measurements	'	'
Cash equivalents	35,000,000	40,000,000
Carrying Reported Amount Fair Value Disclosure [Member]	'	'
Fair Value Measurements	'	'
Convertible senior notes	84,088,000	82,459,000
Estimate Of Fair Value Fair Value Disclosure [Member]	'	'
Fair Value Measurements	'	'
Convertible senior notes	$108,563,000	$112,875,000

Goodwill_and_Other_Intangible_2

Goodwill and Other Intangible Assets (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Goodwill and Intangible Assets	'	'	'	'	'
Goodwill	$41,630	'	$41,630	'	$41,630
Accumulated impairment losses on goodwill	0	'	0	'	0
Intangible assets	'	'	'	'	'
Gross Amount	29,203	'	29,203	'	29,343
Indefinite-lived intangible assets	6,630	'	6,630	'	6,630
Total intangible assets	35,833	'	35,833	'	35,973
Accumulated Amortization	13,916	'	13,916	'	11,570
Amortization expense	1,199	1,063	2,496	2,062	'
Amortization expense for the next five years	'	'	'	'	'
2014 (remaining 6 months)	2,190	'	2,190	'	'
2015	3,824	'	3,824	'	'
2016	2,825	'	2,825	'	'
2017	2,755	'	2,755	'	'
2018	2,076	'	2,076	'	'
Trademarks and Trade Names [Member]	'	'	'	'	'
Intangible assets	'	'	'	'	'
Indefinite-lived intangible assets	6,630	'	6,630	'	6,630
Trade Names Trademarks Brand Names And Domain Names [Member]	'	'	'	'	'
Intangible assets	'	'	'	'	'
Gross Amount	1,540	'	1,540	'	1,530
Accumulated Amortization	759	'	759	'	657
Content Syndication Agreements [Member]	'	'	'	'	'
Intangible assets	'	'	'	'	'
Gross Amount	3,800	'	3,800	'	3,800
Accumulated Amortization	2,871	'	2,871	'	2,491
Purchased Technology [Member]	'	'	'	'	'
Intangible assets	'	'	'	'	'
Gross Amount	11,650	'	11,650	'	11,800
Accumulated Amortization	4,516	'	4,516	'	3,605
Customer Relationships [Member]	'	'	'	'	'
Intangible assets	'	'	'	'	'
Gross Amount	8,630	'	8,630	'	8,630
Accumulated Amortization	2,604	'	2,604	'	2,014
Other Intangible Assets [Member]	'	'	'	'	'
Intangible assets	'	'	'	'	'
Gross Amount	3,583	'	3,583	'	3,583
Accumulated Amortization	$3,166	'	$3,166	'	$2,803

Stock_Based_Compensation_and_C

Stock Based Compensation and Charges (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Stock-based compensation and charges	'	'	'	'
Stock-based compensation and charges	$2,982	$2,876	$6,708	$5,499
Cost Of Sales [Member]	'	'	'	'
Stock-based compensation and charges	'	'	'	'
Stock-based compensation and charges	111	85	223	187
Selling And Marketing Expense [Member]	'	'	'	'
Stock-based compensation and charges	'	'	'	'
Stock-based compensation and charges	703	587	1,376	1,098
Research And Development Expense [Member]	'	'	'	'
Stock-based compensation and charges	'	'	'	'
Stock-based compensation and charges	978	747	2,815	1,327
General And Administrative Expense [Member]	'	'	'	'
Stock-based compensation and charges	'	'	'	'
Stock-based compensation and charges	$1,190	$1,457	$2,294	$2,887

Stock_Based_Compensation_and_C1

Stock Based Compensation and Charges (Details 2)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Stock-Based Compensation and Charges	'	'	'	'
Risk-free interest rates - Minimum (as a percent)	1.54%	0.69%	1.48%	0.69%
Risk-free interest rates - Maximum (as a percent)	1.62%	1.41%	1.73%	1.41%
Expected term	'5 years 10 months 6 days	'5 years 10 months 6 days	'5 years 10 months 6 days	'5 years 10 months 6 days
Dividend yield (as a percent)	0.00%	0.00%	0.00%	0.00%
Expected volatility (as a percent)	55.00%	75.00%	'	75.00%
Expected volatility - Minimum (as a percent)	'	'	55.00%	'
Expected volatility - Maximum (as a percent)	'	'	65.00%	'

Stock_Based_Compensation_and_C2

Stock Based Compensation and Charges (Details 3) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Stock-based compensation and charges	'	'	'	'
Total cost recognized for awards (in dollars)	$2,982,000	$2,876,000	$6,708,000	$5,499,000
Stock Option [Member]	'	'	'	'
Stock-based compensation and charges	'	'	'	'
Granted (in shares)	'	'	793,175	904,400
Weighted-average grant date fair value of options granted (in dollars per share)	'	'	$7.67	$6.23
Total cost recognized for awards (in dollars)	1,200,000	1,300,000	2,700,000	2,300,000
Options outstanding (in shares)	4,586,505	'	4,586,505	'
Weighted average exercise price of options outstanding (in dollars per share)	$10.16	'	$10.16	'
Restricted Stock [Member]	'	'	'	'
Stock-based compensation and charges	'	'	'	'
Nonvested shares outstanding	214,080	'	214,080	'
Aggregate grant date fair value of nonvested awards (in dollars)	2,000,000	'	2,000,000	'
Restricted Stock [Member] | Executive And Key Employees [Member]	'	'	'	'
Stock-based compensation and charges	'	'	'	'
Total cost recognized for awards (in dollars)	100,000	200,000	600,000	400,000
Granted (in shares)	'	'	0	0
Vesting period	'	'	'4 years	'
Restricted Stock [Member] | Non Employee Board [Member]	'	'	'	'
Stock-based compensation and charges	'	'	'	'
Total cost recognized for awards (in dollars)	100,000	100,000	200,000	200,000
Granted (in shares)	'	'	53,608	45,959
Restricted Stock Units [Member]	'	'	'	'
Stock-based compensation and charges	'	'	'	'
Total cost recognized for awards (in dollars)	1,500,000	1,300,000	3,000,000	2,500,000
Granted (in shares)	'	'	854,450	894,946
Vesting period	'	'	'4 years	'
Nonvested shares outstanding	1,863,267	'	1,863,267	'
Aggregate grant date fair value of nonvested awards (in dollars)	21,300,000	'	21,300,000	'
Issuance of common stock, ratio	'	'	1	'
Aggregate grant date fair value (in dollars)	'	'	$11,200,000	$9,200,000

Common_Stock_Repurchases_Detai

Common Stock Repurchases (Details) (USD $)	0 Months Ended	6 Months Ended	14 Months Ended
In Millions, except Share data, unless otherwise specified	2-May-13	Jun. 30, 2014	Jun. 30, 2014
Common Stock Repurchases	'	'	'
Stock repurchased and retired during period (in shares)	'	0	84,054
Value of stock repurchased and retired during the period	'	'	$1
Period during which shares can be repurchased	'2 years	'	'
Maximum surplus cash utilized for repurchase of shares	$20	'	'

Net_Income_Loss_Per_Share_Deta

Net Income (Loss) Per Share (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Numerator:	'	'	'	'
Net (loss) income	($6,293)	$466	($11,475)	$366
Denominator:	'	'	'	'
Basic weighted-average shares outstanding (in shares)	39,444,000	39,480,000	39,228,000	39,293,000
Add: dilutive effect of options and restricted stock (in shares)	'	1,948,000	'	1,657,000
Fully diluted weighted-average shares outstanding (in shares)	39,444,000	41,428,000	39,228,000	40,950,000
Basic net (loss) income per share (in dollars per share)	($0.16)	$0.01	($0.29)	$0.01
Diluted net income per share applicable to common stockholders (in dollars per share)	($0.16)	$0.01	($0.29)	$0.01
Anti-dilutive shares excluded from the denominator	6,663,852	1,296,096	6,663,852	1,366,971

RelatedParty_Transactions_Deta

Related-Party Transactions (Details) (National Association of Realtors [Member], USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Dec. 31, 2013
					Accounts Payable [Member]	Accounts Payable [Member]
Related-party Transactions	'	'	'	'	'	'
Payment made to related party	$0.50	$0.50	$1	$1	'	'
Amount due to related party	'	'	'	'	$0.50	$0.50

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (Patent Infringement [Member])	0 Months Ended	1 Months Ended
	Feb. 28, 2007	Sep. 30, 2008
	item	item
Patent Infringement [Member]	'	'
Legal Proceedings	'	'
Number of classes of defendants	2	'
Number of phases into which case is divided	'	2