Quotient Technology (QUOT) 10-Q 5 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 02, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	QUOT
Entity Registrant Name	Quotient Technology Inc.
Entity Central Index Key	1,115,128
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		90,373,213

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 130,486	$ 106,174
Short-term investments	44,134	69,172
Accounts receivable, net of allowance for doubtful accounts of $1,059 and $1,338 at March 31, 2017 and December 31, 2016, respectively	71,948	71,945
Prepaid expenses and other current assets	7,654	6,293
Total current assets	254,222	253,584
Property and equipment, net	16,046	16,376
Intangible assets, net	45,586	47,987
Goodwill	43,895	43,895
Other assets	855	914
Total assets	360,604	362,756
Current liabilities:
Accounts payable	4,388	4,968
Accrued compensation and benefits	8,360	13,202
Other current liabilities	19,507	20,864
Deferred revenues	7,582	6,856
Total current liabilities	39,837	45,890
Other non-current liabilities	658	78
Deferred rent	2,184	2,285
Contingent consideration related to acquisitions		185
Deferred tax liabilities	2,309	2,569
Total liabilities	44,988	51,007
Commitments and contingencies (Note 11)
Stockholders’ equity:
Preferred stock, $0.00001 par value—10,000,000 shares authorized and no shares issued or outstanding at March 31, 2017 and December 31, 2016
Common stock, $0.00001 par value—250,000,000 shares authorized; 99,914,145 shares issued and 90,266,438 outstanding at March 31, 2017; 98,208,117 shares issued and 88,560,409 outstanding at December 31, 2016	1	1
Additional paid-in capital	657,355	647,474
Treasury stock, at cost	(96,574)	(96,574)
Accumulated other comprehensive loss	(707)	(748)
Accumulated deficit	(244,459)	(238,404)
Total stockholders’ equity	315,616	311,749
Total liabilities and stockholders’ equity	$ 360,604	$ 362,756

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts	$ 1,059	$ 1,338
Preferred stock, par value	$ 0.00001	$ 0.00001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	99,914,145	98,208,117
Common stock, shares outstanding	90,266,438	88,560,409

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Statement [Abstract]
Revenues	$ 72,579	$ 66,051
Costs and expenses:
Cost of revenues	29,212	25,212
Sales and marketing	23,837	24,500
Research and development	13,120	13,532
General and administrative	11,893	11,250
Change in fair value of escrowed shares and contingent consideration, net	(2,585)	(102)
Total costs and expenses	75,477	74,392
Loss from operations	(2,898)	(8,341)
Other income (expense), net	127	192
Loss before income taxes	(2,771)	(8,149)
Provision for (benefit from) income taxes	(97)	46
Net loss	$ (2,674)	$ (8,195)
Net loss per share, basic and diluted	$ (0.03)	$ (0.10)
Weighted-average number of common shares used in computing net loss per share, basic and diluted	87,490	82,518

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net loss	$ (2,674)	$ (8,195)
Other comprehensive (income) loss:
Foreign currency translation adjustments	41	1
Comprehensive loss	$ (2,633)	$ (8,194)

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net loss	$ (2,674)	$ (8,195)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	4,532	5,128
Stock-based compensation	7,756	7,610
Loss on disposal of property and equipment		11
Allowance for doubtful accounts	(268)	(56)
Deferred income taxes	(97)	20
Change in fair value of escrowed shares and contingent consideration, net	(2,585)	(102)
Changes in operating assets and liabilities:
Accounts receivable	264	5,731
Prepaid expenses and other current assets	(1,295)	(3,039)
Accounts payable and other current liabilities	(1,749)	(1,039)
Accrued compensation and benefits	(4,843)	(6,369)
Deferred revenues	726	486
Other		1
Net cash provided by (used in) operating activities	(233)	187
Cash flows from investing activities:
Purchases of property and equipment	(1,637)	(1,684)
Purchase of short-term investments	(25,078)
Proceeds from maturity of short-term investment	50,116
Net cash provided by (used in) investing activities	23,401	(1,684)
Cash flows from financing activities:
Proceeds from issuance of common stock	1,144	1,785
Repurchases of common stock		(10,963)
Principal payments on capital lease obligations	(9)	(13)
Net cash provided by (used in) financing activities	1,135	(9,191)
Effect of exchange rates on cash and cash equivalents	9
Net (decrease) increase in cash and cash equivalents	24,312	(10,688)
Cash and cash equivalents at beginning of period	106,174	134,947
Cash and cash equivalents at end of period	130,486	124,259
Supplemental disclosures of cash flow information:
Cash paid for income taxes	24
Cash paid for interest		1
Supplemental disclosures of noncash investing and financing activities:
Fixed asset purchases not yet paid	562	$ 753
Computer equipment acquired under promissory note	819
Property and equipment acquired under capital lease	$ 31

Description of Business

Description of Business	3 Months Ended
	Mar. 31, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of Business	1. Description of Business Quotient Technology Inc. (“Quotient” or, the “Company”), is a provider of an industry leading digital platform that enables consumer packaged goods (CPG) brands and retailers to engage shoppers through personalized and targeted promotions and media. Through our platform, CPGs and retailers are able to use online and in-store point-of-sale (POS) shopper data and analytics to drive sales with improved efficiency, as compared to traditional offline promotional and advertising vehicles.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation and Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. As such, the information included in this Quarterly Report on Form 10-Q should be read in conjunction with the audited consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. The Company’s condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany transactions and balances have been eliminated. The accompanying unaudited condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, comprehensive loss, and cash flows for the interim periods, but are not necessarily indicative of the results of operations to be anticipated for the full year ending December 31, 2017 or for any other period. There have been no changes to the Company’s significant accounting policies described in the Annual Report on Form 10-K that have had a material impact on its condensed consolidated financial statements and related notes, except for Company electing to change its accounting policy to account for forfeitures as they occur. The change was applied on a modified retrospective basis with a cumulative effect adjustment of $3.4 million recorded to accumulated deficit balance as of January 1, 2017. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the Company’s condensed consolidated financial statements and accompanying notes. Such management estimates include, but are not limited to, revenue recognition, collectability of accounts receivable, recoverability of non-refundable distribution fees, the valuation and useful lives of intangible assets and property and equipment, goodwill, stock-based compensation, contingent consideration and income taxes. Actual results may differ from the Company’s estimates, and such differences may be material to the accompanying condensed consolidated financial statements. Recently Issued Accounting Pronouncements Accounting Pronouncements Not Yet Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606), , Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date Early adoption is permitted, but not before the original effective date of the amendment, which is the first quarter of 2017. The Company is in the initial stages of its evaluation of the impact of the new standard on its accounting policies, processes, and system requirements. In addition to internal resources, the Company has engaged third-party service providers to assist in the impact evaluation. Furthermore, the Company has made and will continue to make investments in systems to enable timely and accurate reporting under the new standard. The Company currently anticipates adopting the standard using the modified retrospective method and is evaluating the impact of adopting this new accounting guidance on the condensed consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows Classification of Certain Cash Receipts and Cash Payments Accounting Pronouncements Adopted In March 2016, the FASB issued ASU 2016-09, Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting . The guidance requires all of the tax effects related to share based payments to be recorded through the income statement. The guidance also removes the present requirement to delay recognition of an excess tax benefit (“windfall tax benefit”) until it reduces current taxes payable; instead it is recognized at the time of settlement, subject to normal valuation allowance consideration. While the simplification will eliminate some administrative complexities, it will increase the volatility of income tax expense. The standard was effective for the Company beginning January 1, 2017, and interim periods within that reporting period. Early adoption was permitted. The Company adopted ASU 2016-09 in the first quarter of 2017. Upon adoption, the Company elected to change its accounting policy to account for forfeitures as they occur. The change was applied on a modified retrospective basis with a cumulative effect adjustment of $3.4 million recorded to accumulated deficit balance as of January 1, 2017. The amendments related to accounting for previously unrecognized excess tax benefits as deferred tax assets have been adopted on a modified retrospective basis with a cumulative-effect adjustment to opening retained earnings of $25.5 million, fully offset by a valuation allowance. This adjustment resulted in no impact to retained earnings upon adoption. The amendments related to accounting for excess tax benefits have been adopted prospectively, resulting in no impact as the Company is in a net operating loss position with a full valuation allowance.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	3. Fair Value Measurements The fair value is defined as 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. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement: Level 1—Quoted prices in active markets for identical assets or liabilities. Level 2—Observable inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3—Inputs that are generally unobservable and typically reflect management’s estimate of assumptions that market participants would use in pricing the asset or liability. The Company’s fair value hierarchy for its financial assets and liabilities that are measured at fair value on a recurring basis are as follows (in thousands): March 31, 2017 Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents: Certificate of deposit 25,260 — — 25,260 Short-Term investments: Certificate of deposit — 44,134 — 44,134 Total $ 25,260 $ 44,134 $ — $ 69,394 Liabilities: Contingent consideration related to Shopmium acquisition (1) — — — — Total $ — $ — $ — $ — December 31, 2016 Level 1 Level 2 Level 3 Total Assets: Short-Term investments: Certificate of deposit — 69,172 — 69,172 Total $ — $ 69,172 $ — $ 69,172 Liabilities: Contingent consideration related to Shopmium acquisition (1) — — 185 185 Total $ — $ — $ 185 $ 185 (1) Included in contingent consideration related to acquisitions The valuation technique used to measure the fair value of certificate of deposits included using quoted prices in active markets for similar assets. The fair value of contingent consideration related to the acquisition of Shopmium S.A. (Shopmium) was estimated using a Monte Carlo simulation and was based on significant inputs not observable in the market, thus classified as a Level 3 instrument. The inputs include the expected achievement of certain revenue and profit milestones for the years ending December 31, 2016 and 2017, historical volatility and risk free interest rate. The following table represents the change in the contingent consideration (in thousands): Three Months Ended March 31, 2017 Shopmium Level 3 Balance as of December 31, 2016 $ 185 Change in fair value (185 ) Balance as of March 31, 2017 $ — The Company recorded gains due to the change in fair value of the contingent consideration of $0.2 million and $0.1 million during the three months ended March 31, 2017 and 2016, respectively. The change in fair value of Shopmium contingent consideration is due to a decline in expected revenue and profit milestones for the years ending December 31, 2016 and 2017. The There were no transfers between fair value hierarchies during the three months ended March 31, 2017 and 2016.

Allowance for Doubtful Accounts

Allowance for Doubtful Accounts	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Allowance for Doubtful Accounts	4. Allowance for Doubtful Accounts The summary of activity in the allowance for doubtful accounts is as follows (in thousands): Three Months Ended March 31, 2017 2016 Balance at the beginning of period $ 1,338 $ 833 Bad debt expense (reversal) (268 ) (56 ) Write-offs, net (11 ) (66 ) Balance at the end of period $ 1,059 $ 711

Balance Sheet Components

Balance Sheet Components	3 Months Ended
	Mar. 31, 2017
Balance Sheet Related Disclosures [Abstract]
Balance Sheet Components	5. Balance Sheet Components Property and Equipment, Net Property and equipment consist of the following (in thousands): March 31, 2017 December 31, 2016 Software $ 32,565 $ 32,286 Computer equipment 23,624 22,664 Leasehold improvements 8,192 8,141 Furniture and fixtures 2,293 2,296 Total 66,674 65,387 Accumulated depreciation and amortization (52,301 ) (50,249 ) Projects in process 1,673 1,238 Property and equipment, net $ 16,046 $ 16,376 Depreciation and amortization expense related to property and equipment was $2.1 million and $3.9 million for the three months ended March 31, 2017 and 2016, respectively. The Company capitalized internal use software development and enhancement costs of $1.0 million and $0.1 million during the three months ended March 31, 2017, and 2016, Accrued Compensation and Benefits Accrued compensation and benefits consist of the following (in thousands): March 31, 2017 December 31, 2016 Bonus $ 2,398 $ 5,985 Commissions 1,966 3,572 Vacation 1,946 1,916 Payroll and related expenses 2,050 1,729 Accrued compensation and benefits $ 8,360 $ 13,202 Other Current Liabilities Other current liabilities consist of the following (in thousands): March 31, 2017 December 31, 2016 Distribution fees $ 11,055 $ 12,463 Marketing expenses 1,763 3,383 Deferred rent, current 470 449 Legal and professional fees 364 377 Other 5,855 4,192 Other current liabilities $ 19,507 $ 20,864

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets	6. Intangible Assets Intangible assets consist of the following (in thousands): March 31, 2017 Gross Accumulated Amortization Foreign Currency Translation Net Weighted Average Amortization Period (Years) Promotion service rights $ 22,492 $ (1,995 ) $ — $ 20,497 6.8 Data access rights 10,801 $ (1,250 ) — 9,551 5.1 Customer relationships 8,860 (5,255 ) (37 ) 3,568 2.8 Developed technologies 7,187 (3,171 ) (89 ) 3,927 3.1 Media service rights 6,383 (739 ) — 5,644 5.1 Domain names 5,948 (4,217 ) (9 ) 1,722 1.9 Patents 975 (731 ) — 244 5.3 Vendor relationships 890 (723 ) — 167 0.8 Registered users 420 (143 ) (11 ) 266 3.0 Trade names 167 (168 ) 1 — — $ 64,123 $ (18,392 ) $ (145 ) $ 45,586 5.4 As of March 31, 2017, and December 31, 2016, the Company has a domain name with a gross value of $0.4 million with an indefinite useful life that is not subject to amortization. December 31, 2016 Gross Accumulated Amortization Foreign Currency Translation Net Weighted Average Amortization Period (Years) Promotion service rights $ 22,492 $ (1,256 ) $ — $ 21,236 7.1 Data access rights 10,801 (787 ) — 10,014 5.3 Customer relationships 8,860 (4,915 ) (36 ) 3,909 3.1 Developed technologies 7,187 (2,837 ) (89 ) 4,261 3.3 Media service rights 6,383 (465 ) — 5,918 5.3 Domain names 5,948 (4,061 ) (9 ) 1,878 2.2 Patents 975 (718 ) — 257 5.6 Vendor relationships 890 (667 ) — 223 1.0 Registered users 420 (118 ) (11 ) 291 3.3 Trade names 167 (168 ) 1 — — $ 64,123 $ (15,992 ) $ (144 ) $ 47,987 5.6 Amortization expense related to intangible assets subject to amortization was $2.4 million and $1.0 million during the three months ended March 31, 2017 and 2016, respectively. Estimated future amortization expense related to intangible assets as of March 31, 2017 is as follows (in thousands): Total 2017, remaining nine months $ 7,295 2018 9,419 2019 8,330 2020 6,908 2021 6,022 2022 and beyond 7,260 Total estimated amortization expense $ 45,234

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	7. Stock-based Compensation 2013 Equity Incentive Plan In October 2013, the Company adopted the 2013 Equity Incentive Plan (the “2013 Plan”), which became effective in March 2014 and serves as the successor to the Company’s 2006 Stock Plan (the “2006 Plan”). Under the 2013 Plan, the Company may grant stock options, stock appreciation rights, restricted stock and restricted stock units, performance shares and units to employees, directors and consultants. Stock Options The fair value of each option was estimated on the date of grant for the period presented using the following assumptions: Three Months Ended March 31, 2017 2016 Expected life (in years) 6.08 - 6.25 5.93 - 6.08 Risk-free interest rate 2.05% - 2.14% 1.32% - 1.34% Volatility 50% 65% Dividend yield — — The weighted-average grant-date fair value of options granted was $6.44 and $8.51 per share during the three months ended March 31, 2017 and 2016, respectively. Restricted Stock Units The fair value of RSUs equals the market value of the Company’s common stock on the date of the grant. The RSUs are excluded from issued and outstanding shares until they are vested. A summary of the Company’s stock option and RSU award activity under the 2013 Plan is as follows: RSUs Outstanding Options Outstanding Shares Available for Grant Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in thousands) Balance as of December 31, 2016 3,424,730 5,504,084 $ 12.02 7,746,067 $ 8.83 6.12 $ 30,507 Increase in shares authorized 3,542,416 — — — — — — Options granted (1,148,474 ) — — 1,148,474 $ 12.95 — — Options exercised — — — (442,007 ) $ 2.59 — $ 3,813 Options canceled or expired 29,398 — — (29,398 ) $ 8.25 — — RSUs granted (817,550 ) 817,550 $ 12.82 — — — — RSUs vested — (1,264,022 ) $ 13.15 — — — — RSUs canceled or expired 102,611 (102,611 ) $ 12.43 — — — — Balance as of March 31, 2017 5,133,131 4,955,001 $ 11.98 8,423,136 $ 9.72 6.61 $ 20,407 Vested and expected to vest as of March 31, 2017 8,423,136 $ 9.72 6.61 $ 20,407 Vested and exercisable as of March 31, 2017 5,476,991 $ 8.67 5.35 $ 19,063 The aggregate intrinsic value disclosed in the table above is based on the difference between the exercise price of the options and the fair value of the Company’s common stock. The aggregate total fair value of options which vested was $2.3 million and $0.8 million during the three months ended March 31, 2017 and 2016, respectively. Employee Stock Purchase Plan Eligible employees can enroll and elect to contribute up to 15% of their base compensation through payroll withholdings in each offering period which is six months in duration, subject to certain limitations. The fair value of the option feature is estimated using the Black-Scholes model for the period presented based on the following assumptions: Three Months Ended March 31, 2017 2016 Expected life (in years) 0.50 0.50 Risk-free interest rate 0.62% 0.33% Volatility 50% 72% Dividend yield — — As of March 31, 2017, a total of 550,090 shares of common stock were issued under the 2013 Employee Stock Purchase Plan (“ESPP”), since inception of the plan. As of March 31, 2017, a total of 1,849,910 shares are available for issuance under the ESPP. Stock-based Compensation Expense The following table sets forth the total stock-based compensation expense resulting from stock options, RSUs and ESPP included in the Company’s condensed consolidated statements of operations (in thousands): Three Months Ended March 31, 2017 2016 Cost of revenues $ 451 $ 497 Sales and marketing 1,332 1,583 Research and development 2,011 2,240 General and administrative 3,962 3,290 Total stock-based compensation expense $ 7,756 $ 7,610 As of March 31, 2017, there was $66.5 million of unrecognized stock-based compensation expense, of which $15.4 million is related to stock options and ESPP shares and $51.1 million is related to RSUs. The total unrecognized stock-based compensation expense related to stock options and ESPP as of March 31, 2017 will be amortized over a weighted-average period of 3.08 years. The total unrecognized stock-based compensation expense related to RSUs as of March 31, 2017 will be amortized over a weighted-average period of 2.56 years.

Common Stock Repurchase Program

Common Stock Repurchase Program	3 Months Ended
	Mar. 31, 2017
Common Stock Repurchase Program [Abstract]
Common Stock Repurchase Program	8. Common Stock Repurchase Program Our Board of Directors has approved programs for us to repurchase shares of our common stock. During February 2017, the active repurchase program at that time expired. During the three months ended March 31, 2017, the Company did not repurchase any shares of its common stock. In April 2017, the Company’s Board of Directors authorized a share repurchase program for us to repurchase up to $50.0 million of the Company’s common stock. The Program has a one year duration beginning on May 5, 2017. Stock repurchases may be made from time-to-time and the timing of any repurchases and the actual number of shares repurchased will depend on a variety of factors. The Company may suspend, modify or terminate this repurchase program at any time without prior notice.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	9. Income Taxes The Company recorded an income tax benefit of $0.1 million and an income tax provision of an insignificant amount for the three months ended March 31, 2017, and 2016, respectively. The income tax benefit for the three months ended March 31, 2017 was primarily attributable to foreign tax benefit from the enactment of a lower corporate income tax rate by France’s tax authorities. The income tax provision for the three months ended March 31, 2016 was primarily attributable to the net decrease in deferred tax liabilities associated with the change in fair value of contingent consideration related to an acquisition and a decrease in foreign income taxed at non-US tax rates. The Internal Revenue Service (IRS) has completed its examination of our Federal income tax returns for calendar years 2013 and 2014, resulting in no changes.

Net Loss Per Share

Net Loss Per Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Net Loss Per Share	10. Net Loss Per Share The computation of the Company’s basic and diluted net loss per share is as follows (in thousands, except per share data): Three Months Ended March 31, 2017 2016 Net loss $ (2,674 ) $ (8,195 ) Weighted-average number of common shares used in computing net loss per share, basic and diluted 87,490 82,518 Net loss per share, basic and diluted $ (0.03 ) $ (0.10 ) The outstanding common equivalent shares excluded from the computation of the diluted net loss per share for the periods presented because including them would have been antidilutive are as follows (in thousands): Three Months Ended March 31, 2017 2016 Stock options and ESPP 8,531 9,851 Restricted stock units 4,955 5,623 Shares held in escrow 2,000 — 15,486 15,474

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. Commitments and Contingencies Leases As of March 31, 2017, the Company’s minimum payments under its non-cancelable operating and capital leases are as follows (in thousands): Operating Leases Capital Leases 2017, remaining nine months $ 3,175 $ 35 2018 4,374 42 2019 4,338 10 2020 2,123 — 2021 791 — 2022 811 — 2023 and thereafter 1,301 — Total minimum payments $ 16,913 $ 87 Less: Amount representing interest 3 Present value of capital lease obligations 84 Less: Current portion 45 Capital lease obligation, net of current portion $ 39 The Company leases various office facilities, including its corporate headquarters in Mountain View, California and various sales offices, under non-cancelable operating lease agreements that expire through December 2024. In the first quarter of 2016, the Company entered into a lease agreement for an office facility located in Cincinnati, Ohio which will expire in June 2024. The terms of the lease agreements provide for rental payments on a graduated basis. The Company recognizes rent expense on a straight-line basis over the lease periods. Additionally, the Company leases certain equipment under non-cancelable operating leases at its facilities and its leased data center operations. Rent expense pursuant to all operating lease agreements Purchase Obligations The Company has unconditional purchase commitments which expire through 2034 in the amount of $6.5 million for marketing arrangements relating to the purchase of a 20-year suite license for a professional sports team which it uses for sales and marketing purposes. The Company also has unconditional purchase commitments, primarily related to software license fees and marketing services, of $5.4 million as of March 31, 2017. Promissory Note In January 2017, the Company entered into a promissory note agreement with a lender to finance the purchase of computer equipment for $0.8 million to be paid in quarterly installments over three years. As of March 31, 2017, the Company had a remaining balance of $0.8 million under the agreement, which is included in other current liabilities and other non-current liabilities on the condensed consolidated balance sheets. Indemnification In the normal course of business, to facilitate transactions related to the Company’s operations, the Company indemnifies certain parties, including CPGs, advertising agencies and other third parties including retailers. The Company has agreed to hold certain parties harmless against losses arising from claims of intellectual property infringement or other liabilities relating to or arising from our products or services or other contractual infringement. The term of these indemnity provisions generally survive termination or expiration of the applicable agreement. To date, the Company has not recorded any liabilities related to these agreements. Litigation In the ordinary course of business, the Company may be involved in lawsuits, claims, investigations, and proceedings consisting of intellectual property, commercial, employment, and other matters. The Company records a provision for these claims when it is both probable that a liability has been incurred and the amount of the loss, or a range of the potential loss, can be reasonably estimated. These provisions are reviewed regularly and adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel, and other information or events pertaining to a particular case. In the event that one or more of these matters were to result in a claim against the Company, an adverse outcome, including a judgment or settlement, may cause a material adverse effect on the Company’s future business, operating results, or financial condition. The Company believes that liabilities associated with existing claims are remote, therefore the Company has not recorded any accrual for claims as of March 31, 2017 and December 31, 2016. The Company expenses legal fees in the period in which they are incurred.

Employee Benefit Plan

Employee Benefit Plan	3 Months Ended
	Mar. 31, 2017
Defined Contribution Pension And Other Postretirement Plans Disclosure [Abstract]
Employee Benefit Plan	12. Employee Benefit Plan The Company maintains a defined-contribution plan under Section 401(k) of the Internal Revenue Code. The 401(k) plan provides retirement benefits for eligible employees. Eligible employees may elect to contribute to the 401(k) plan. The Company provides a match of up to the lesser of 3% of each employee’s annual salary or $6,000, which vests fully over four years of continuous employment. The Company’s matching contribution expense was $0.6 million and $0.6 million during the three months ended March 31, 2017 and 2016, respectively.

Information About Geographic Ar

Information About Geographic Areas	3 Months Ended
	Mar. 31, 2017
Segments Geographical Areas [Abstract]
Information About Geographic Areas	13. Information About Geographic Areas Revenues generated outside of the United States were insignificant for all periods presented. Additionally, as the Company’s assets are primarily located in the United States, information regarding geographical location is not presented, as such amounts are immaterial to these condensed consolidated financial statements taken as a whole.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	14. Subsequent Events Restructuring In April 2017, the Company authorized and completed a restructuring plan which primarily included reductions in force, to further drive operational efficiencies and to align its resources with its business strategies. The Company expects to record a restructuring charge of approximately $1.0 million during the three months ended June 30, 2017, which primarily relates to severance costs for impacted employees. Stock Repurchase Program In April 2017, the Company’s Board of Directors authorized a share repurchase program for us to repurchase up to $50.0 million of the Company’s common stock. The Program has a one year duration beginning on May 5, 2017. Stock repurchases may be made from time-to-time and the timing of any repurchases and the actual number of shares repurchased will depend on a variety of factors. The Company may suspend, modify or terminate this repurchase program at any time without prior notice. Merger Agreement with Crisp Media, Inc. On May 2, 2017, the Company signed a definitive agreement to acquire Crisp Media, Inc. (“Crisp”). Crisp is a mobile marketing and advertising company, delivering shopper marketing media campaigns for consumer packaged goods brands (CPGs) and retailers. Crisp’s mobile media expertise complements Quotient’s proprietary shopper data, retail network and existing promotions and media offerings. The Company will pay approximately $33.0 million in upfront consideration, comprising cash and stock of $20.0 million and $13.0 million respectively (approximately 1.2 million shares valued based on a 90-day volume weighted average trading price) subject to certain adjustments at closing. Additionally, contingent consideration of up to $24.5 million in cash may become payable upon the achievement of certain financial metrics over a period of one year after closing. The deal is expected to close by June 30, 2017.

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. As such, the information included in this Quarterly Report on Form 10-Q should be read in conjunction with the audited consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. The Company’s condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany transactions and balances have been eliminated. The accompanying unaudited condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, comprehensive loss, and cash flows for the interim periods, but are not necessarily indicative of the results of operations to be anticipated for the full year ending December 31, 2017 or for any other period. There have been no changes to the Company’s significant accounting policies described in the Annual Report on Form 10-K that have had a material impact on its condensed consolidated financial statements and related notes, except for Company electing to change its accounting policy to account for forfeitures as they occur. The change was applied on a modified retrospective basis with a cumulative effect adjustment of $3.4 million recorded to accumulated deficit balance as of January 1, 2017.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the Company’s condensed consolidated financial statements and accompanying notes. Such management estimates include, but are not limited to, revenue recognition, collectability of accounts receivable, recoverability of non-refundable distribution fees, the valuation and useful lives of intangible assets and property and equipment, goodwill, stock-based compensation, contingent consideration and income taxes. Actual results may differ from the Company’s estimates, and such differences may be material to the accompanying condensed consolidated financial statements.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Accounting Pronouncements Not Yet Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606), , Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date Early adoption is permitted, but not before the original effective date of the amendment, which is the first quarter of 2017. The Company is in the initial stages of its evaluation of the impact of the new standard on its accounting policies, processes, and system requirements. In addition to internal resources, the Company has engaged third-party service providers to assist in the impact evaluation. Furthermore, the Company has made and will continue to make investments in systems to enable timely and accurate reporting under the new standard. The Company currently anticipates adopting the standard using the modified retrospective method and is evaluating the impact of adopting this new accounting guidance on the condensed consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows Classification of Certain Cash Receipts and Cash Payments Accounting Pronouncements Adopted In March 2016, the FASB issued ASU 2016-09, Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting . The guidance requires all of the tax effects related to share based payments to be recorded through the income statement. The guidance also removes the present requirement to delay recognition of an excess tax benefit (“windfall tax benefit”) until it reduces current taxes payable; instead it is recognized at the time of settlement, subject to normal valuation allowance consideration. While the simplification will eliminate some administrative complexities, it will increase the volatility of income tax expense. The standard was effective for the Company beginning January 1, 2017, and interim periods within that reporting period. Early adoption was permitted. The Company adopted ASU 2016-09 in the first quarter of 2017. Upon adoption, the Company elected to change its accounting policy to account for forfeitures as they occur. The change was applied on a modified retrospective basis with a cumulative effect adjustment of $3.4 million recorded to accumulated deficit balance as of January 1, 2017. The amendments related to accounting for previously unrecognized excess tax benefits as deferred tax assets have been adopted on a modified retrospective basis with a cumulative-effect adjustment to opening retained earnings of $25.5 million, fully offset by a valuation allowance. This adjustment resulted in no impact to retained earnings upon adoption. The amendments related to accounting for excess tax benefits have been adopted prospectively, resulting in no impact as the Company is in a net operating loss position with a full valuation allowance.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	The Company’s fair value hierarchy for its financial assets and liabilities that are measured at fair value on a recurring basis are as follows (in thousands): March 31, 2017 Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents: Certificate of deposit 25,260 — — 25,260 Short-Term investments: Certificate of deposit — 44,134 — 44,134 Total $ 25,260 $ 44,134 $ — $ 69,394 Liabilities: Contingent consideration related to Shopmium acquisition (1) — — — — Total $ — $ — $ — $ — December 31, 2016 Level 1 Level 2 Level 3 Total Assets: Short-Term investments: Certificate of deposit — 69,172 — 69,172 Total $ — $ 69,172 $ — $ 69,172 Liabilities: Contingent consideration related to Shopmium acquisition (1) — — 185 185 Total $ — $ — $ 185 $ 185 (1) Included in contingent consideration related to acquisitions
Summary of Changes in Contingent Consideration	The following table represents the change in the contingent consideration (in thousands): Three Months Ended March 31, 2017 Shopmium Level 3 Balance as of December 31, 2016 $ 185 Change in fair value (185 ) Balance as of March 31, 2017 $ —

Allowance for Doubtful Accoun23

Allowance for Doubtful Accounts (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Summary of Activity in Allowance for Doubtful Accounts	The summary of activity in the allowance for doubtful accounts is as follows (in thousands): Three Months Ended March 31, 2017 2016 Balance at the beginning of period $ 1,338 $ 833 Bad debt expense (reversal) (268 ) (56 ) Write-offs, net (11 ) (66 ) Balance at the end of period $ 1,059 $ 711

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
	Mar. 31, 2017
Balance Sheet Related Disclosures [Abstract]
Property and Equipment, Net	Property and equipment consist of the following (in thousands): March 31, 2017 December 31, 2016 Software $ 32,565 $ 32,286 Computer equipment 23,624 22,664 Leasehold improvements 8,192 8,141 Furniture and fixtures 2,293 2,296 Total 66,674 65,387 Accumulated depreciation and amortization (52,301 ) (50,249 ) Projects in process 1,673 1,238 Property and equipment, net $ 16,046 $ 16,376
Accrued Compensation and Benefits	Accrued compensation and benefits consist of the following (in thousands): March 31, 2017 December 31, 2016 Bonus $ 2,398 $ 5,985 Commissions 1,966 3,572 Vacation 1,946 1,916 Payroll and related expenses 2,050 1,729 Accrued compensation and benefits $ 8,360 $ 13,202
Other Current Liabilities	Other current liabilities consist of the following (in thousands): March 31, 2017 December 31, 2016 Distribution fees $ 11,055 $ 12,463 Marketing expenses 1,763 3,383 Deferred rent, current 470 449 Legal and professional fees 364 377 Other 5,855 4,192 Other current liabilities $ 19,507 $ 20,864

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible assets consist of the following (in thousands): March 31, 2017 Gross Accumulated Amortization Foreign Currency Translation Net Weighted Average Amortization Period (Years) Promotion service rights $ 22,492 $ (1,995 ) $ — $ 20,497 6.8 Data access rights 10,801 $ (1,250 ) — 9,551 5.1 Customer relationships 8,860 (5,255 ) (37 ) 3,568 2.8 Developed technologies 7,187 (3,171 ) (89 ) 3,927 3.1 Media service rights 6,383 (739 ) — 5,644 5.1 Domain names 5,948 (4,217 ) (9 ) 1,722 1.9 Patents 975 (731 ) — 244 5.3 Vendor relationships 890 (723 ) — 167 0.8 Registered users 420 (143 ) (11 ) 266 3.0 Trade names 167 (168 ) 1 — — $ 64,123 $ (18,392 ) $ (145 ) $ 45,586 5.4 As of March 31, 2017, and December 31, 2016, the Company has a domain name with a gross value of $0.4 million with an indefinite useful life that is not subject to amortization. December 31, 2016 Gross Accumulated Amortization Foreign Currency Translation Net Weighted Average Amortization Period (Years) Promotion service rights $ 22,492 $ (1,256 ) $ — $ 21,236 7.1 Data access rights 10,801 (787 ) — 10,014 5.3 Customer relationships 8,860 (4,915 ) (36 ) 3,909 3.1 Developed technologies 7,187 (2,837 ) (89 ) 4,261 3.3 Media service rights 6,383 (465 ) — 5,918 5.3 Domain names 5,948 (4,061 ) (9 ) 1,878 2.2 Patents 975 (718 ) — 257 5.6 Vendor relationships 890 (667 ) — 223 1.0 Registered users 420 (118 ) (11 ) 291 3.3 Trade names 167 (168 ) 1 — — $ 64,123 $ (15,992 ) $ (144 ) $ 47,987 5.6
Estimated Amortization of Intangible Assets	Estimated future amortization expense related to intangible assets as of March 31, 2017 is as follows (in thousands): Total 2017, remaining nine months $ 7,295 2018 9,419 2019 8,330 2020 6,908 2021 6,022 2022 and beyond 7,260 Total estimated amortization expense $ 45,234

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Assumptions Used to Estimate the Fair Value of Stock Options	The fair value of each option was estimated on the date of grant for the period presented using the following assumptions: Three Months Ended March 31, 2017 2016 Expected life (in years) 6.08 - 6.25 5.93 - 6.08 Risk-free interest rate 2.05% - 2.14% 1.32% - 1.34% Volatility 50% 65% Dividend yield — —
Summary of Stock Option and Restricted Stock Units Award Activity	A summary of the Company’s stock option and RSU award activity under the 2013 Plan is as follows: RSUs Outstanding Options Outstanding Shares Available for Grant Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in thousands) Balance as of December 31, 2016 3,424,730 5,504,084 $ 12.02 7,746,067 $ 8.83 6.12 $ 30,507 Increase in shares authorized 3,542,416 — — — — — — Options granted (1,148,474 ) — — 1,148,474 $ 12.95 — — Options exercised — — — (442,007 ) $ 2.59 — $ 3,813 Options canceled or expired 29,398 — — (29,398 ) $ 8.25 — — RSUs granted (817,550 ) 817,550 $ 12.82 — — — — RSUs vested — (1,264,022 ) $ 13.15 — — — — RSUs canceled or expired 102,611 (102,611 ) $ 12.43 — — — — Balance as of March 31, 2017 5,133,131 4,955,001 $ 11.98 8,423,136 $ 9.72 6.61 $ 20,407 Vested and expected to vest as of March 31, 2017 8,423,136 $ 9.72 6.61 $ 20,407 Vested and exercisable as of March 31, 2017 5,476,991 $ 8.67 5.35 $ 19,063
Summary of Assumptions Used to Estimate the Fair Value of Employee Stock Purchase Plan	The fair value of the option feature is estimated using the Black-Scholes model for the period presented based on the following assumptions: Three Months Ended March 31, 2017 2016 Expected life (in years) 0.50 0.50 Risk-free interest rate 0.62% 0.33% Volatility 50% 72% Dividend yield — —
Schedule of Stock Based Compensation Expense	The following table sets forth the total stock-based compensation expense resulting from stock options, RSUs and ESPP included in the Company’s condensed consolidated statements of operations (in thousands): Three Months Ended March 31, 2017 2016 Cost of revenues $ 451 $ 497 Sales and marketing 1,332 1,583 Research and development 2,011 2,240 General and administrative 3,962 3,290 Total stock-based compensation expense $ 7,756 $ 7,610

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Net Loss Per Share	The computation of the Company’s basic and diluted net loss per share is as follows (in thousands, except per share data): Three Months Ended March 31, 2017 2016 Net loss $ (2,674 ) $ (8,195 ) Weighted-average number of common shares used in computing net loss per share, basic and diluted 87,490 82,518 Net loss per share, basic and diluted $ (0.03 ) $ (0.10 )
Schedule of Outstanding Common Equivalent Shares Excluded from Computation of Diluted Net Loss Per Share	The outstanding common equivalent shares excluded from the computation of the diluted net loss per share for the periods presented because including them would have been antidilutive are as follows (in thousands): Three Months Ended March 31, 2017 2016 Stock options and ESPP 8,531 9,851 Restricted stock units 4,955 5,623 Shares held in escrow 2,000 — 15,486 15,474

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Minimum Payments Under Non-cancelable Operating and Capital Leases	As of March 31, 2017, the Company’s minimum payments under its non-cancelable operating and capital leases are as follows (in thousands): Operating Leases Capital Leases 2017, remaining nine months $ 3,175 $ 35 2018 4,374 42 2019 4,338 10 2020 2,123 — 2021 791 — 2022 811 — 2023 and thereafter 1,301 — Total minimum payments $ 16,913 $ 87 Less: Amount representing interest 3 Present value of capital lease obligations 84 Less: Current portion 45 Capital lease obligation, net of current portion $ 39

Summary of Significant Accoun29

Summary of Significant Accounting Policies - Additional Information (Details) - ASU 2016-09 - USD ($) $ in Millions	Mar. 31, 2017	Jan. 01, 2017
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Modified retrospective basis with cumulative effect adjustment, recorded to accumulated deficit balance		$ 3.4
Retained Earnings
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Unrecognized excess tax benefits as deferred tax assets, cumulative-effect adjustment to opening retained earnings	$ 25.5

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016
Assets:
Assets fair value		$ 69,394	$ 69,172
Liabilities:
Liabilities fair value			185
Contingent Consideration | Shopmium Acquisition
Liabilities:
Liabilities fair value	[1]		185
Cash and Cash Equivalents | Certificates of Deposit
Assets:
Assets fair value		25,260
Short-Term Investments | Certificates of Deposit
Assets:
Assets fair value		44,134	69,172
Level 1
Assets:
Assets fair value		25,260
Level 1 | Cash and Cash Equivalents | Certificates of Deposit
Assets:
Assets fair value		25,260
Level 2
Assets:
Assets fair value		44,134	69,172
Level 2 | Short-Term Investments | Certificates of Deposit
Assets:
Assets fair value		$ 44,134	69,172
Level 3
Liabilities:
Liabilities fair value			185
Level 3 | Contingent Consideration | Shopmium Acquisition
Liabilities:
Liabilities fair value	[1]		$ 185
[1]	Included in contingent consideration related to acquisitions

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Changes in Contingent Consideration (Details) - Shopmium - Level 3 $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance as of December 31, 2016	$ 185
Change in fair value	$ (185)

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Gains from reclassification of contingent liability	$ 200,000	$ 100,000
Transfers between fair value hierarchies	$ 0	$ 0

Allowance for Doubtful Accoun33

Allowance for Doubtful Accounts - Summary of Activity in Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Receivables [Abstract]
Balance at the beginning of period	$ 1,338	$ 833
Bad debt expense (reversal)	(268)	(56)
Write-offs, net	(11)	(66)
Balance at the end of period	$ 1,059	$ 711

Balance Sheet Components - Prop

Balance Sheet Components - Property and Equipment, Net (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Property Plant And Equipment [Line Items]
Property and equipment, Total	$ 66,674	$ 65,387
Accumulated depreciation and amortization	(52,301)	(50,249)
Projects in process	1,673	1,238
Property and equipment, net	16,046	16,376
Software
Property Plant And Equipment [Line Items]
Property and equipment, Total	32,565	32,286
Computer Equipment
Property Plant And Equipment [Line Items]
Property and equipment, Total	23,624	22,664
Leasehold Improvements
Property Plant And Equipment [Line Items]
Property and equipment, Total	8,192	8,141
Furniture and Fixtures
Property Plant And Equipment [Line Items]
Property and equipment, Total	$ 2,293	$ 2,296

Balance Sheet Components - Addi

Balance Sheet Components - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Property Plant And Equipment [Abstract]
Depreciation	$ 2.1	$ 3.9
Capitalized costs	1	0.1
Amortization expense	0.6	2.7
Unamortized costs	$ 1.6	$ 1.2

Balance Sheet Components - Accr

Balance Sheet Components - Accrued Compensation and Benefits (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Payables And Accruals [Abstract]
Bonus	$ 2,398	$ 5,985
Commissions	1,966	3,572
Vacation	1,946	1,916
Payroll and related expenses	2,050	1,729
Accrued compensation and benefits	$ 8,360	$ 13,202

Balance Sheet Components - Othe

Balance Sheet Components - Other Current Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Payables And Accruals [Abstract]
Distribution fees	$ 11,055	$ 12,463
Marketing expenses	1,763	3,383
Deferred rent, current	470	449
Legal and professional fees	364	377
Other	5,855	4,192
Other current liabilities	$ 19,507	$ 20,864

Intangible Assets - Intangible

Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Finite Lived Intangible Assets [Line Items]
Gross	$ 64,123	$ 64,123
Accumulated Amortization	(18,392)	(15,992)
Foreign Currency Translation	(145)	(144)
Net	$ 45,586	$ 47,987
Weighted Average Amortization Period (Years)	5 years 4 months 24 days	5 years 7 months 6 days
Promotion Service Rights
Finite Lived Intangible Assets [Line Items]
Gross	$ 22,492	$ 22,492
Accumulated Amortization	(1,995)	(1,256)
Net	$ 20,497	$ 21,236
Weighted Average Amortization Period (Years)	6 years 9 months 18 days	7 years 1 month 6 days
Data Access Rights
Finite Lived Intangible Assets [Line Items]
Gross	$ 10,801	$ 10,801
Accumulated Amortization	(1,250)	(787)
Net	$ 9,551	$ 10,014
Weighted Average Amortization Period (Years)	5 years 1 month 6 days	5 years 3 months 18 days
Customer Relationships
Finite Lived Intangible Assets [Line Items]
Gross	$ 8,860	$ 8,860
Accumulated Amortization	(5,255)	(4,915)
Foreign Currency Translation	(37)	(36)
Net	$ 3,568	$ 3,909
Weighted Average Amortization Period (Years)	2 years 9 months 18 days	3 years 1 month 6 days
Developed Technologies
Finite Lived Intangible Assets [Line Items]
Gross	$ 7,187	$ 7,187
Accumulated Amortization	(3,171)	(2,837)
Foreign Currency Translation	(89)	(89)
Net	$ 3,927	$ 4,261
Weighted Average Amortization Period (Years)	3 years 1 month 6 days	3 years 3 months 18 days
Media Service Rights
Finite Lived Intangible Assets [Line Items]
Gross	$ 6,383	$ 6,383
Accumulated Amortization	(739)	(465)
Net	$ 5,644	$ 5,918
Weighted Average Amortization Period (Years)	5 years 1 month 6 days	5 years 3 months 18 days
Domain Names
Finite Lived Intangible Assets [Line Items]
Gross	$ 5,948	$ 5,948
Accumulated Amortization	(4,217)	(4,061)
Foreign Currency Translation	(9)	(9)
Net	$ 1,722	$ 1,878
Weighted Average Amortization Period (Years)	1 year 10 months 24 days	2 years 2 months 12 days
Patents
Finite Lived Intangible Assets [Line Items]
Gross	$ 975	$ 975
Accumulated Amortization	(731)	(718)
Net	$ 244	$ 257
Weighted Average Amortization Period (Years)	5 years 3 months 18 days	5 years 7 months 6 days
Vendor Relationships
Finite Lived Intangible Assets [Line Items]
Gross	$ 890	$ 890
Accumulated Amortization	(723)	(667)
Net	$ 167	$ 223
Weighted Average Amortization Period (Years)	9 months 18 days	1 year
Registered Users
Finite Lived Intangible Assets [Line Items]
Gross	$ 420	$ 420
Accumulated Amortization	(143)	(118)
Foreign Currency Translation	(11)	(11)
Net	$ 266	$ 291
Weighted Average Amortization Period (Years)	3 years	3 years 3 months 18 days
Trade Names
Finite Lived Intangible Assets [Line Items]
Gross	$ 167	$ 167
Accumulated Amortization	(168)	(168)
Foreign Currency Translation	$ 1	$ 1

Intangible Assets - Additional

Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Intangible Assets [Line Items]
Amortization expense of intangible assets	$ 2.4	$ 1
Domain Names
Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	$ 0.4		$ 0.4

Intangible Assets - Estimated A

Intangible Assets - Estimated Amortization of Intangible Assets (Details) $ in Thousands	Mar. 31, 2017USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
2017, remaining nine months	$ 7,295
2,018	9,419
2,019	8,330
2,020	6,908
2,021	6,022
2022 and beyond	7,260
Total estimated amortization expense	$ 45,234

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Assumptions Used to Estimate the Fair Value of Stock Options and Employee Stock Purchase Plan (Details)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Employee Stock Purchase Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected life (in years)	6 months	6 months
Volatility	50.00%	72.00%
Risk-free interest rate	0.62%	0.33%
Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Risk-free interest rate, minimum	2.05%	1.32%
Risk-free interest rate, maximum	2.14%	1.35%
Volatility	50.00%	65.00%
Stock Options | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected life (in years)	6 years 29 days	5 years 11 months 5 days
Stock Options | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected life (in years)	6 years 3 months	6 years 29 days

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions	Mar. 31, 2017	Mar. 31, 2017	Mar. 31, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted average grant date fair value		$ 6.44	$ 8.51
Maximum contribution of base compensation for employee stock purchase plan		15.00%
Offering period of employee stock purchase plan		6 months
Purchase price of common stock percentage of fair market value		85.00%
Issuance of common stock, stock purchase plan, shares	550,090
Shares available for issuance	1,849,910	1,849,910
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Fair value of options vested, total		$ 2.3	$ 0.8
Unrecognized stock based compensation	$ 51.1	$ 51.1
Unrecognized stock based compensation, amortized weighted average period		2 years 6 months 22 days
Stock Based Compensation Expense
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized stock based compensation	66.5	$ 66.5
Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized stock based compensation	$ 15.4	$ 15.4
Unrecognized stock based compensation, amortized weighted average period		3 years 29 days

Stock-Based Compensation - Su43

Stock-Based Compensation - Summary of Stock Option and Restricted Stock Units Award Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Shares Available for Grant
Beginning balance	3,424,730
Increase in shares authorized	3,542,416
Options granted	(1,148,474)
Options canceled or expired	29,398
RSUs granted	(817,550)
RSUs canceled or expired	102,611
Ending balance	5,133,131	3,424,730
Number of Shares
Beginning balance	7,746,067
Options granted	1,148,474
Options exercised	(442,007)
Options canceled or expired	(29,398)
Ending balance	8,423,136	7,746,067
Vested and expected to vest at the end of period	8,423,136
Vested and exercisable at the end of period	5,476,991
Weighted Average Exercise Price
Beginning balance	$ 8.83
Options granted	12.95
Options exercised	2.59
Options canceled or expired	8.25
Ending balance	9.72	$ 8.83
Vested and expected to vest at the end of period	9.72
Vested and exercisable at the end of period	$ 8.67
Weighted Average Remaining Contractual Term (Years) / Aggregate Intrinsic Value
Weighted Average Remaining Contractual Term (Years)	6 years 7 months 10 days	6 years 1 month 13 days
Vested and expected to vest at the end of period	6 years 7 months 10 days
Vested and exercisable at the end of period	5 years 4 months 6 days
Aggregate Intrinsic Value, Beginning balance	$ 30,507
Aggregate Intrinsic Value, Options exercised	3,813
Aggregate Intrinsic Value, Ending balance	20,407	$ 30,507
Vested and expected to vest at the end of period	20,407
Vested and exercisable at the end of period	$ 19,063
Restricted Stock Units, Number of Shares
RSUs granted	817,550
RSUs canceled or expired	(102,611)
Restricted Stock Units
Shares Available for Grant
RSUs granted	(817,550)
RSUs canceled or expired	102,611
Restricted Stock Units, Number of Shares
Beginning balance	5,504,084
RSUs granted	817,550
RSUs vested	(1,264,022)
RSUs canceled or expired	(102,611)
Ending balance	4,955,001	5,504,084
Weighted Average Grant Date Fair Value
Beginning Balance	$ 12.02
RSUs granted	12.82
RSUs vested	13.15
RSUs canceled or expired	12.43
Ending balance	$ 11.98	$ 12.02

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Stock Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation	$ 7,756	$ 7,610
Cost of Revenues
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation	451	497
Sales and Marketing
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation	1,332	1,583
Research and Development
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation	2,011	2,240
General and Administrative
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation	$ 3,962	$ 3,290

Common Stock Repurchase Progr45

Common Stock Repurchase Program - Additional Information (Details) - Share Repurchase Program - USD ($)	1 Months Ended	3 Months Ended
	Apr. 30, 2017	Mar. 31, 2017
Common Stock Repurchases [Line Items]
Stock repurchased, amount		$ 0
Subsequent Event
Common Stock Repurchases [Line Items]
Stock repurchase program duration	1 year
Share repurchase program, beginning date	May 5, 2017
Maximum | Subsequent Event
Common Stock Repurchases [Line Items]
Repurchase of authorized common stock	$ 50,000,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Provision for (benefit from) income taxes	$ (97)	$ 46

Net Loss Per Share - Schedule o

Net Loss Per Share - Schedule of Computation of Basic and Diluted Net Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net loss	$ (2,674)	$ (8,195)
Weighted-average number of common shares used in computing net loss per share, basic and diluted	87,490	82,518
Net loss per share, basic and diluted	$ (0.03)	$ (0.10)

Net Loss Per Share - Schedule48

Net Loss Per Share - Schedule of Outstanding Common Equivalent Shares Excluded from Computation of Diluted Net Loss Per Share (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Outstanding common equivalent shares	15,486	15,474
Stock Options and ESPP
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Outstanding common equivalent shares	8,531	9,851
Restricted Stock Units
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Outstanding common equivalent shares	4,955	5,623
Shares Held in Escrow
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Outstanding common equivalent shares	2,000

Commitments and Contingencies -

Commitments and Contingencies - Minimum Payments Under Non-Cancelable Operating and Capital Leases (Details) $ in Thousands	Mar. 31, 2017USD ($)
Operating Leases
2017, remaining nine months	$ 3,175
2,018	4,374
2,019	4,338
2,020	2,123
2,021	791
2,022	811
2023 and thereafter	1,301
Total minimum payments	16,913
Capital Leases
2017, remaining nine months	35
2,018	42
2,019	10
Total minimum payments	87
Less: Amount representing interest	3
Present value of capital lease obligations	84
Less: Current portion	45
Capital lease obligation, net of current portion	$ 39

Commitments and Contingencies50

Commitments and Contingencies - Additional Information (Details) - USD ($)	1 Months Ended	3 Months Ended
	Jan. 31, 2017	Mar. 31, 2017	Mar. 31, 2016
Commitments And Contingencies [Line Items]
Non-cancelable operating lease agreements expiration		2024-12
Rent expense		$ 1,100,000	$ 900,000
Computer Equipment | Promissory Note
Commitments And Contingencies [Line Items]
Debt instrument, used to finance	$ 800,000
Debt instrument, frequency of payment		quarterly
Debt instrument, maturity period	3 years
Debt instrument, remaining amount		$ 800,000
Marketing Arrangements
Commitments And Contingencies [Line Items]
Unconditional purchase commitments		$ 6,500,000
Unconditional purchase commitment year		2,034
Unconditional purchase commitment term		20 years
Open Purchase Commitments
Commitments And Contingencies [Line Items]
Software license fees and marketing services		$ 5,400,000
Ohio
Commitments And Contingencies [Line Items]
Non-cancelable operating lease agreements expiration		2024-06

Employee Benefit Plan - Additio

Employee Benefit Plan - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Defined Contribution Pension And Other Postretirement Plans Disclosure [Abstract]
Rate at which the company matches employee contribution	3.00%
Maximum contribution amount	$ 6,000
Defined contribution vesting period	4 years
Matching contribution expense	$ 600,000	$ 600,000

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - USD ($) shares in Millions	May 02, 2017	Apr. 30, 2017	Jun. 30, 2017
Subsequent Event | Crisp Media, Inc
Subsequent Event [Line Items]
Total acquisition consideration	$ 33,000,000
Cash payments for purchase of assets	20,000,000
Payment in stock consideration	$ 13,000,000
Number of shares Issuable	1.2
Number of trading days to calculate weighted average trading price	90 days
Maximum amount of contingent consideration payable for acquisition	$ 24,500,000
Share Repurchase Program | Subsequent Event
Subsequent Event [Line Items]
Stock repurchase program duration		1 year
Share repurchase program, beginning date		May 5, 2017
Share Repurchase Program | Subsequent Event | Maximum
Subsequent Event [Line Items]
Repurchase of authorized common stock		$ 50,000,000
Scenario Forecast
Subsequent Event [Line Items]
Restructuring charge			$ 1,000,000