Cvent 10-Q 11 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	7-May-15
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Trading Symbol	CVT
Entity Registrant Name	CVENT INC
Entity Central Index Key	1122897
Current Fiscal Year End Date	-19
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		41,560,903

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$153,192	$144,544
Restricted cash	405	397
Short-term investments	23,370	23,039
Accounts receivable, net of reserve of $493 and $339, respectively	37,561	44,986
Prepaid expense and other current assets	16,683	13,107
Deferred tax assets	5,572	3,776
Total current assets	236,783	229,849
Property and equipment, net	21,484	22,535
Capitalized software development costs, net	20,740	17,967
Intangible assets, net	8,943	9,442
Goodwill	20,802	20,802
Other assets, non-current	325	313
Total assets	309,077	300,908
Current liabilities:
Accounts payable	4,615	5,057
Accrued expenses and other current liabilities	20,319	18,534
Deferred revenue	85,908	82,030
Total current liabilities	110,842	105,621
Deferred tax liabilities, non-current	7,422	7,086
Deferred rent, non-current	10,716	9,576
Other liabilities, non-current	5,042	4,791
Total liabilities	134,022	127,074
Commitments and contingencies (Note 9)
Stockholders' equity
Preferred stock, $0.001 par value, 100,000,000 shares authorized at March 31, 2015 and December 31, 2014; and zero issued and outstanding at March 31, 2015 and December 31, 2014
Common stock, $0.001 par value; 1,000,000,000 shares authorized at March 31, 2015 and December 31, 2014; 42,054,850 and 41,685,048 shares issued and 41,534,636 and 41,164,834 outstanding at March 31, 2015 and December 31, 2014, respectively	42	42
Treasury stock	-3,966	-3,966
Additional paid-in capital	202,787	199,169
Accumulated other comprehensive loss	-265	-220
Accumulated deficit	-23,543	-21,191
Total stockholders' equity	175,055	173,834
Total liabilities and stockholders' equity	$309,077	$300,908

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]
Accounts receivable, reserve	$493	$339
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	42,054,850	41,685,048
Common stock, shares outstanding	41,534,636	41,164,834

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Comprehensive Income (Loss) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015		Mar. 31, 2014
Income Statement [Abstract]
Revenue	$41,106		$31,401
Cost of revenue	14,895	[1]	9,208	[1]
Gross profit	26,211		22,193
Operating expenses:
Sales and marketing	17,740	[1]	13,667	[1]
Research and development	5,035	[1]	3,189	[1]
General and administrative	7,781	[1]	4,697	[1]
Total operating expenses	30,556		21,553
Income (loss) from operations	-4,345		640
Interest income	544		279
Other expense	-426
Income (loss) before income taxes	-4,227		919
Benefit from income taxes	-1,875		-722
Net income (loss)	-2,352		1,641
Net income (loss) per common share:
Basic	($0.06)		$0.04
Diluted	($0.06)		$0.04
Weighted average common shares outstanding-basic	41,236,164		40,619,281
Weighted average common shares outstanding-diluted	41,236,164		43,194,174
Other comprehensive income (loss):
Foreign currency translation loss	-45
Comprehensive income (loss)	($2,397)		$1,641
[1]	Stock-based compensation expense included in the above: Cost of revenue $ 475 $ 193 Sales and marketing 1,030 303 Research and development 745 204 General and administrative 556 230 Total $ 2,806 $ 930

Consolidated_Statements_of_Ope1

Consolidated Statements of Operations and Comprehensive Income (Loss) (Parenthetical) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Stock-based compensation expense included in the above:
Stock-based compensation expense	$2,806	$930
Cost of Revenue [Member]
Stock-based compensation expense included in the above:
Stock-based compensation expense	475	193
Sales and Marketing [Member]
Stock-based compensation expense included in the above:
Stock-based compensation expense	1,030	303
Research and Development [Member]
Stock-based compensation expense included in the above:
Stock-based compensation expense	745	204
General and Administrative [Member]
Stock-based compensation expense included in the above:
Stock-based compensation expense	$556	$230

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Operating activities:
Net income (loss)	($2,352)	$1,641
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	4,059	2,001
Loss on asset disposal	436
Foreign currency transaction gain	-23	-166
Stock-based compensation expense	2,806	930
Deferred taxes	-1,472
Change in operating assets and liabilities:
Accounts receivable, net	7,316	8,906
Prepaid expenses and other assets	-3,352	-271
Accounts payable, accrued expenses and other liabilities	2,897	5,655
Deferred revenue	4,072	4,781
Net cash provided by operating activities	14,387	23,477
Investing activities:
Purchase of property and equipment	-773	-1,751
Capitalized software development costs	-4,724	-3,021
Net (purchases) sales of short-term investments	-331	722
Acquisition and acquisition-related consideration payments	-17	-20
Restricted cash	-8	-9
Net cash used in investing activities	-5,853	-4,079
Financing activities:
Proceeds from exercise of stock options	237	234
Proceeds from follow-on public offering, net of expenses		24,814
Net cash provided by financing activities	237	25,048
Effect of exchange rate changes on cash and cash equivalents	-123	166
Increase in cash and cash equivalents	8,648	44,612
Cash and cash equivalents, beginning of period	144,544	146,407
Cash and cash equivalents, end of period	153,192	191,019
Supplemental cash flow information:
Income taxes paid	347	661
Supplemental disclosure of noncash investing activities:
Outstanding payments for purchase of property and equipment in accounts payable at period end	$226	$289

Description_of_Business

Description of Business	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Description of Business	1. Description of Business
	Cvent, Inc. (the “Company”) provides a cloud-based enterprise event management platform with solutions for both sides of the events and meetings value chain: (i) event and meeting planners and (ii) hotels and venues. The Company’s integrated, cloud-based solution addresses the entire event lifecycle by allowing event and meeting planners to organize, market and manage meetings, conferences, tradeshows and other events. The Company’s hospitality cloud provides hotels and venues with a full solution suite to generate, manage and measure demand for their group meetings. The combination of these solutions creates an integrated platform that allows the Company to generate revenue from both sides of the events and meetings value chain.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies
	(a) Basis of Presentation
	The financial information presented in the accompanying unaudited consolidated financial statements as of March 31, 2015, and for the three months ended March 31, 2015 and 2014 has been prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) and in accordance with rules and regulations of the U.S. Securities and Exchange Commission (SEC) regarding interim financial reporting. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, the accompanying unaudited consolidated financial statements reflect all adjustments, consisting primarily of normal recurring accruals, necessary for a fair presentation of the financial position as of March 31, 2015, the results of operations for the three months ended March 31, 2015 and 2014, and cash flows for the three months ended March 31, 2015 and 2014. These unaudited consolidated financial statements should be read in conjunction with the annual audited consolidated financial statements and notes thereto.
	(b) Reclassification
	Certain items in the prior period financial statements have been reclassified for comparative purposes to conform to the current period presentation.
	(c) Use of Estimates
	The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Significant estimates and assumptions made by management include estimated useful lives of property and equipment and capitalized software development costs, goodwill and intangibles, determination of estimated selling prices, allowances for doubtful accounts, valuation of deferred tax assets, valuation assumptions in purchase accounting, certain assumptions related to stock-based compensation, income taxes and legal and other contingencies. Actual results could differ from those estimates and assumptions.
	(d) Cash and Cash Equivalents
	Highly liquid financial instruments purchased with original maturities of 90 days or less at the date of purchase are reported as cash equivalents. Cash equivalents are recorded at cost, which approximates fair value.
	Included in cash and cash equivalents are funds representing amounts reserved for the face value of registration fees or tickets sold on behalf of customers. While these cash accounts are not restricted as to their use, a liability for amounts due to customers under these arrangements has been recorded in accounts payable in the accompanying consolidated balance sheets. The Company had amounts due to customers of $5,239 and $3,431 included within cash and cash equivalents as of March 31, 2015 and December 31, 2014, respectively.
	(e) Revenue Recognition
	The Company derives revenue from two primary sources: platform subscription-based solutions and marketing solutions. These services are generally provided under annual or multi-year contracts that are generally only cancellable for cause. Revenue is generally recognized on a straight-line basis over the life of the contract. The Company recognizes revenue when all of the following conditions are met:
	(i) persuasive evidence exists of an arrangement with the customer reflecting the terms and conditions under which the solutions or services will be provided;
	(ii) delivery to customers has occurred or services have been rendered;
	(iii) the fee is fixed or determinable; and
	(iv) collection of the fees is reasonably assured.
	The Company considers a signed agreement or other similar documentation to be persuasive evidence of an arrangement. Collectability is assessed based on a number of factors, including transaction history and the creditworthiness of a customer. If it is determined that collection is not reasonably assured, revenue is not recognized until collection becomes reasonably assured, which is generally upon receipt of cash.
	The Company applies the provisions of FASB ASU 2009-13, Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements (EITF Issue No. 08-1, Revenue Arrangements with Multiple Deliverables) with respect to its multiple-element arrangements entered into or significantly modified on or after January 1, 2011.
	Platform Subscription Revenue
	Event Management
	The Company generates the majority of its revenue through software-as-a-service (SaaS) subscriptions to the event management platform, pricing for which is subject to the features and functionality selected. No features or functionality within the subscription-based services have stand-alone value from one another and, therefore, the entire subscription fee is recognized on a straight-line basis over the term of the subscription arrangement.
	SaaS subscriptions may include functionality that enables customers to manage the registration of participants attending the customer’s event or events. In some cases, the negotiated fee for the subscription is based on a maximum number of event registrations permitted over the subscription term. At any time during the subscription term, customers may elect to purchase blocks of additional registrations, which are referred to as subscription up-sells. The fees associated with the up-sells are added to the original subscription fee, and the revenue is recognized over the remaining subscription period. No portion of the subscription fee is refundable regardless of the actual number of registrations that occur.
	Mobile Apps
	Subscription-based solutions also include the sale of mobile event apps. The revenue for mobile event apps solutions is generally recognized on a straight-line basis over the life of the contract. A customer may use a singular mobile event app for any number of events. At any time during the subscription term, customers may elect to purchase additional mobile event apps, which are referred to as mobile up-sells. The fees associated with the up-sells are added to the original subscription fee, and the revenue is recognized over the remaining subscription period. No portion of the subscription fee is refundable.
	Audience Management Platform
	Revenue related to the Audience Management Platform is generated primarily through convenience and order processing fees charged to the end user purchasing tickets at the time a ticket for an event is sold and is recorded at the time of the event, net of the face value of the ticket. Revenue for these ticket fees collected in advance of the event is recorded as deferred revenue until the event occurs. If an event is cancelled, the customer receives a full refund of the ticket price and fees paid.
	Other subscription-based solutions include the sale of survey solutions, which are contracted though annual or multiyear arrangements.
	Subscription agreements do not provide customers with the right to take possession of the underlying software at any time.
	Hospitality Cloud Revenue
	Towards the end of 2014, the Hospitality Cloud was branded to provide a full spectrum of cloud-based solutions across the hotel group sales lifecycle. Prior to this, the Company primarily concentrated on servicing the hospitality sector with marketing solutions through Cvent Supplier Network (CSN), which provided substantially all of the revenue for the product line in 2014 and before. Marketing solutions revenue is generated through the delivery of various forms of advertising sold through annual or multi-year contracts to marketers, principally hotels and venues. Such solutions include prominent display of a customer’s venue within the Cvent Supplier Network, the Cvent Destination Guide, the Elite Meetings magazine or in various electronic newsletters. Pricing for the advertisements is based on the term of the advertisement, targeted geography, number of advertisements and prominence of the ad placement.
	The Company enters into arrangements with multiple deliverables that generally include various marketing solutions that may be sold individually or bundled together and delivered over various periods of time. In such situations, the Company applies the provisions of Financial Accounting Standards Board, or FASB, Accounting Standards Codification, or ASC, No. 605-25, Revenue Recognition – Multiple Element Arrangements to account for the various elements within the marketing solution agreements delivered over the platform. Under such guidance, in order to treat deliverables in a multiple-deliverable arrangement as separate units of accounting, the deliverables must have standalone value upon delivery. If the deliverables have standalone value upon delivery, the Company accounts for each deliverable separately and revenue is recognized ratably over the contractual period that the related advertising deliverable is provided. Annual marketing solutions on the Cvent Supplier Network are often sold separately, and, as such, all have standalone value.
	Certain one-time marketing solutions, which can run for a month, several months, or a year, are primarily sold in a package. In determining whether the marketing solutions sold in packages have standalone value, the Company considers the availability of the services from other vendors, the nature of the solutions, and the contractual dependence of the solutions to the rest of the package. Based on these considerations, the Company has determined the estimated selling price for each marketing solution sold in a package.
	Revenue arrangements with multiple deliverables are divided into separate units of accounting and the arrangement consideration is allocated to all deliverables based on the relative selling price method. In such circumstances, the Company uses the selling price hierarchy of: (i) Vendor-specific objective evidence, or VSOE, if available, (ii) third-party evidence of selling price, or TPE, and (iii) best estimate of selling price. VSOE is limited to the price charged when the same element is sold separately by the Company. Due to the unique nature of some multiple deliverable revenue arrangements, the Company may not be able to establish selling prices based on historical stand-alone sales using VSOE or TPE; therefore the Company may use its best estimate to establish selling prices for these arrangements. The Company establishes the best estimates within a range of selling prices considering multiple factors including, but not limited to, factors such as size of transaction, customer demand and price lists.
	(f) Deferred Revenue
	Deferred revenue consists of contractual billings or payments received in advance of revenue recognition from platform subscription services or marketing solutions that are subsequently recognized when the revenue recognition criteria are met. The Company generally invoices customers in advance in annual or quarterly installments.
	(g) Business Combinations
	The Company is required to allocate the purchase price of acquired companies to the identifiable tangible and intangible assets acquired and liabilities assumed at the acquisition date based upon their estimated fair values.
	Goodwill as of the acquisition date represents the excess of the purchase consideration of an acquired business over the fair value of the underlying net tangible and intangible assets acquired and liabilities assumed. This allocation and valuation require management to make significant estimates and assumptions, especially with respect to long-lived and intangible assets.
	Critical estimates in valuing intangible assets include but are not limited to estimates about: future expected cash flows from customer contracts, customer lists, distribution agreements, proprietary technology and non-competition agreements; the acquired company’s brand awareness and market position, assumptions about the period of time the brand will continue to be used in our product portfolio; as well as expected costs to develop the in-process research and development into commercially viable products and estimated cash flows from the projects when completed, and discount rates. The Company’s estimates of fair value are based upon assumptions the Company believe to be reasonable, but which are inherently uncertain and unpredictable. Assumptions may be incomplete or inaccurate, and unanticipated events and circumstances may occur.
	In addition, uncertain tax positions and tax-related valuation allowances assumed in connection with a business combination are initially estimated as of the acquisition date. The Company continues to evaluate these items quarterly and records any adjustments to the preliminary estimates to goodwill provided that the Company is within the measurement period. Subsequent to the measurement period, changes to these uncertain tax positions and tax related valuation allowances will affect the Company’s provision for income taxes in the consolidated statements of operations in the current period.
	Other estimates associated with the accounting for these acquisitions may change as additional information becomes available regarding the assets acquired and liabilities assumed.
	(h) Goodwill
	Goodwill represents the excess of: (i) the aggregate of the fair value of consideration transferred in a business combination, over (ii) the fair value of assets acquired, net of liabilities assumed. Goodwill is not amortized, but is subject to annual impairment tests. The goodwill impairment test is a two-step test. Under the first step, the fair value of the reporting unit is compared with its carrying value, including goodwill. If the fair value of the reporting unit is less than its carrying value, an indication of goodwill impairment exists for the reporting unit and the entity must perform step two of the impairment test (measurement). Under step two, an impairment loss is recognized for any excess of the carrying amount of the reporting unit’s goodwill over the implied fair value of that goodwill. The implied fair value of goodwill is determined by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation and the residual fair value after this allocation is the implied fair value of the reporting unit goodwill. Fair value of the reporting unit is estimated using a discounted cash flow analysis. If the fair value of the reporting unit exceeds its carrying value, step two is not performed.
	In September 2011, the FASB issued ASU 2011-08, Intangibles—Goodwill and Other (Topic 350): Testing Goodwill for Impairment. This ASU permits an entity to make a qualitative assessment of whether it is more likely than not that a reporting unit’s fair value is less than its carrying amount before applying the two-step goodwill impairment test. If an entity concludes it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, it need not perform the two-step impairment test. The Company adopted the provisions of ASU 2011-08 as of January 1, 2012.
	The Company performs its annual impairment review of goodwill on November 30 and when a triggering event occurs between annual impairment tests. There were no triggering events or indications of impairment as of March 31, 2015.
	(i) Capitalized Software Development Costs
	Costs to develop internal use software are capitalized and recorded as capitalized software in accordance with the provisions of FASB ASC Subtopic 350-40, Intangibles-Goodwill and Other Subtopic 40 Internal-Use Software on the balance sheet. These costs are amortized on a project-by-project basis using the straight-line method over the estimated economic life of the application, which is generally three years, beginning when the asset is substantially ready for use. Costs incurred during the preliminary development stage, as well as maintenance and training costs are expensed as incurred.
	(j) Deferred Tax Assets and Liabilities
	Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. To the extent that it is not considered to be more likely than not that a deferred tax asset will be realized, a valuation allowance is established. The Company applies the provisions of FASB interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48) (included in ASC Subtopic 740-10, Income Taxes—Overall), which provides guidance related to the accounting for uncertain tax positions. In accordance with FIN 48, the Company only recognizes the tax benefit from an uncertain tax position if it is more likely than not that the tax position will be sustained upon examination.
	(k) Stock-Based Compensation
	The Company accounts for its employee stock-based compensation awards in accordance with FASB ASC Topic 718, Compensation—Stock Compensation. ASC Topic 718 requires that all employee stock-based compensation is recognized as a cost in the financial statements and that for equity-classified awards, such cost is measured at the grant date fair value of the award. The Company estimates grant date fair value for stock options using the Black-Scholes option-pricing model. The Company estimates grant date fair value for restricted stock units based on the closing price of the underlying shares on grant date.
	Determining the fair value of stock options under the Black-Scholes model requires judgment, including estimated volatility, risk free rate, expected term and estimated dividend yield. The assumptions used in calculating the fair value of stock-based compensation awards represent the Company’s best estimates, based on management judgment. The estimate of the value per share of the Company’s common stock used in the option-pricing model prior to the Company’s IPO was based on the contemporaneous valuations performed with the assistance of an unrelated third-party valuation specialist and management’s analysis of market transactions in proximity to the valuation dates. The estimated dividend yield is zero since the Company has not issued dividends to date and does not anticipate issuing dividends. The risk-free interest rate is based on the implied yield currently available on U.S. Treasury zero coupon issues with an equivalent remaining term. Due to its limited trading history, the Company estimates volatility for option grants by evaluating the average historical volatility of a peer group of similar public companies. The expected term of the Company’s option plans represent the period that its stock-based awards are expected to be outstanding. For purposes of determining the expected term, the Company applies the simplified approach, in which the expected term of an award is presumed to be the mid-point between the vesting date and the expiration date of the award. Awards generally vest over a service period of four years, with a maximum contractual term of ten years.
	Pursuant FASB ASC Subtopic 718-10-35, Stock Compensation, the initial determination of compensation cost is based on the number of stock options granted amortized over the vesting period. The value of the awards granted is discounted by the forfeiture rate equal to the value expected to vest. The forfeiture rate was derived by taking into consideration historical employee turnover rates as well as expectations for the future. Expense is recognized using the straight-line attribution method. Compensation cost for restricted stock units is measured at the fair value of the underlying shares on grant date and recognized on a straight-line basis over the vesting period.
	(l) Foreign Currency
	The Company’s foreign subsidiary in India designates the U.S. dollar as the functional currency. For the subsidiary, assets and liabilities denominated in foreign currency are remeasured into U.S. dollars at current exchange rates for monetary assets and liabilities and historical exchange rates for nonmonetary assets and liabilities. Foreign currency gains and losses associated with remeasurement are included in general and administrative expense in the consolidated statements of operations.
	Foreign currency gains (losses) associated with transactions and remeasurement were $186 and $439 for the three months ended March 31, 2015 and 2014, respectively.
	The Company’s foreign subsidiary in the UK designates the British Pound as its functional currency. For the subsidiary, assets and liabilities denominated in foreign currency are translated into U.S. dollars at current exchange rates. Foreign currency gains and losses associated with translation are included in accumulated other comprehensive gain (loss) in the consolidated balance sheets.
	Accumulated other comprehensive loss associated with translation was $265 and $220 as of March 31, 2015 and December 31, 2014, respectively.

New_Accounting_Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	3. New Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued joint guidance to improve and converge the financial reporting requirements for revenue from contracts with customers. ASU 2014-9, Revenue from Contracts with Customers, prescribes a five-step model for revenue recognition that will replace most existing revenue recognition guidance under U.S. GAAP. The new standard supersedes nearly all existing revenue recognition guidance under U.S. GAAP, and requires companies to recognize revenue when it transfers goods or services to a customer in an amount that reflects the consideration to which a company expects to be entitled for those goods or services. This update also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments, and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 allows for either full retrospective or modified retrospective adoption and will become effective for the Company in the first quarter of 2017. Early adoption is prohibited. In March 2015, the FASB recommended a one-year delay on effectiveness of this standard. Management is currently evaluating which adoption method it will use and assessing the effect the adoption of this standard will have on the consolidated financial statements.

FollowOn_Public_Offering

Follow-On Public Offering	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Follow-On Public Offering	4. Follow-On Public Offering
	On January 16, 2014, the Company completed a follow-on public offering of 6,072,000 shares of its common stock. The Company sold 747,500 shares of its common stock, and the selling shareholders sold 5,324,500 shares in the offering, including the underwriters’ over-allotment, at a price to the public of $35.50 per share. The offering closed on January 23, 2014, and the Company received net proceeds of $24,846 million after deducting the underwriters discount and offering expenses, which have been included in additional paid-in-capital in the accompanying balance sheets as of March 31, 2015 and December 31, 2014.

Net_Income_Loss_Per_Share

Net Income (Loss) Per Share	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	5. Net Income (Loss) Per Share
	The Company calculates basic net income per share of common stock by dividing net income attributable to the common stockholders for the period by the weighted-average number of shares of common stock outstanding during the period. The Company calculates diluted net income per share by dividing net income attributable to the Company for the period by the weighted-average number of shares of common stock outstanding during the period, plus any dilutive effect from share-based equity awards during the period, using the treasury stock method. Included in the diluted weighted average shares outstanding calculation is the effect of non-vested early option exercises of 188,875 shares that vested in February 2015, which were the last remaining non-vested shares of the 573,941 shares that were early-exercised on June 13, 2012. These shares, until they vested, were removed from the basic earnings per share calculation as the shares could have been repurchased by the Company prior to the vesting date if the employment of the early exercised option shareholders would have been terminated. The computation of basic and diluted net income per share is as follows:
		Three Months Ended March 31,
		2015			2014
	Net income (loss)	$	(2,352	)	$	1,641
	Weighted average number of shares outstanding:
	Weighted average common shares outstanding		41,236,164			40,619,281
	Weighted average shares outstanding for basic earnings per share		41,236,164			40,619,281
	Effect of share-based equity award plan		—			2,574,893
	Weighted average shares outstanding for diluted earnings per share		41,236,164			43,194,174
	Net income (loss) per share:
	Basic	$	(0.06	)	$	0.04
	Diluted	$	(0.06	)	$	0.04
	The weighted average number of shares outstanding used in the computation of diluted loss per share for the three months ended March 31, 2015 do not include the effect of 2,012,102 stock options and restricted stock units, as the effect would have been anti-dilutive.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	6. Income Taxes
	The Company generally estimates its annual effective tax rate for the full fiscal year and applies that rate to its income from continuing operations before income taxes in determining its provision for income taxes for the respective periods. The Company generally records discrete items in each respective period as appropriate. However, if a company is unable to reliably estimate its annual effective tax rate, then the actual effective tax rate for the year-to-date period may be the best estimate for the annual effective tax rate. For the three months ended March 31, 2015, the Company determined that the annual rate method would not provide for a reliable estimate due to volatility in the forecasting process. As a result, the Company has recorded the provision for income taxes for the three months ended March 31, 2015 using the actual effective rate for the three months ended March 31, 2014 (the “cut-off” method). The effective tax rate for the three months ended March 31, 2015 was calculated based on an actual effective tax rate plus discrete items, as described above.
	The Company’s consolidated effective tax rate for the three months ended March 31, 2015 was 44.4%. The Company’s consolidated effective tax rate for the three months ended March 31, 2014 was (78.6)%.
	The Company’s estimated effective tax rate is subject to fluctuation based upon the level and mix of earnings and losses by tax jurisdiction, and the relative impact of permanent book to tax differences (e.g., non-deductible expenses). As a result of these factors, and due to potential changes in the Company’s period to period results, fluctuations in the Company’s effective tax rate and respective tax provisions or benefits may occur. The Company is subject to U.S. federal income tax, various state income taxes and various foreign income taxes. The effective income tax rate for the three months ended March 31, 2015 and 2014 reflects various foreign income taxes.
	In assessing the Company’s ability to realize the future benefit associated with its deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets may not be realized. The ultimate realization is dependent on the generation of taxable income within the periods that those temporary differences become deductible. The Company has not recorded a valuation allowance for its deferred tax assets due to management’s assessment that it is more-likely-than-not that the Company will be able to realize these tax assets.
	The Company permanently reinvests cumulative undistributed earnings of its non-U.S. subsidiaries in non-U.S. operations. U.S. federal income taxes have not been provided for in relation to undistributed earnings to the extent that they are permanently reinvested in the Company’s non-U.S. operations. As of March 31, 2015, the undistributed earnings of the Company’s foreign affiliates was $5,775.
	The Company recognizes interest and penalties related to uncertain tax positions in income tax expense.

StockBased_Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	7. Stock-Based Compensation
	Stock Options
	Stock options are granted with an exercise price equal to the stock’s fair value at the date of grant. The awards vest at various times from the date of grant, with most options vesting in tranches generally over four years. All options expire 10 years after the date of grant. At March 31, 2015, there were 6,352,099 shares available for the Company to grant under the 2013 Equity Incentive Plan.
	The grant-date fair value of each option award is estimated on the date of grant using the Black-Scholes option-pricing model. The weighted average assumptions for 2015 and 2014 grants are provided in the table below. Because the Company’s shares were not publicly traded prior to August 9, 2013 and its shares were rarely traded privately, and due to the limited trading history since August 9, 2013, expected volatility is estimated based on the average historical volatility of similar entities with publicly traded shares. The risk-free rate for the expected term of the option is based on the U.S. Treasury yield curve at the date of grant. Expense is recognized using the straight-line attribution method.
	The following is a summary of the weighted average assumptions used in the valuation of stock-based awards under the Black-Scholes model:
		Three Months Ended			Three Months Ended
		March 31, 2015			March 31, 2014
	Dividend yield		0	%		0	%
	Volatility		45.8	%		48.96	%
	Expected term (years)		6.31			6.72
	Risk-free interest rate		1.52	%		1.18	%
	Stock option activity during the periods indicated is as follows:
		Number of			Weighted			Weighted		Aggregate
		shares subject to			average			average		intrinsic
		options			exercise			remaining		value
					price per share			contractual
								term (years)
	Balance at December 31, 2014		4,166,214		$	12.7			7.56	$	63,186
	Granted		880,104			26.79
	Exercised		(369,802	)		2.19
	Forfeited		(89,448	)		23.53
	Expired		—			—
	Balance at March 31, 2015		4,587,068		$	16.04			8.09	$	55,029
	Exercisable at March 31, 2015		1,346,135		$	2.4			6.03	$	34,515
	The weighted average grant date fair value of options granted during the three months ended March 31, 2015 was $12.38. The total intrinsic value of options exercised during the three months ended March 31, 2015 was $4,538.
	The Company recorded stock-based compensation expense related to options of $1,833 and $832 during the three months ended March 31, 2015 and 2014. At March 31, 2015, there was $20,712 of total unrecognized compensation cost related to unvested stock options granted under the Plan, which is expected to be recognized over a weighted average period of 3.22 years.
	On June 13, 2012, stock options for the purchase of 573,941 shares were exercised prior to vesting pursuant to an early exercise feature. The proceeds from the transaction were recorded as a liability within accrued and other current liabilities and other liabilities, non-current. During the three months ended March 31, 2015, the remaining 188,875 of these options vested and the $340 liability related to the vesting options was reclassified to stockholders’ equity. There are no remaining unvested options with the Company’s repurchase rights related to this transaction as of March 31, 2015.
	Restricted Stock Units
	During the three months ended March 31, 2015, the Company issued restricted stock units (RSUs) to employees.
	RSU activity during the periods indicated is as follows:
		Number			Weighted			Weighted		Aggregate
		of shares			average			average		intrinsic
		subject to			share			remaining		value
		restriction			value			contractual
								term
								(years)
	Balance at December 31, 2014		422,263		$	28.43			2.62	$	11,756
	Granted		371,525			26.84
	Vested		—			—
	Forfeited		(16,325	)		27.51
	Balance at March 31, 2015	$	777,463		$	27.69			2.46	$	21,800
	The related compensation expense for restricted stock units recognized during the three months ended March 31, 2015 and 2014 was $973 and $98, respectively. At March 31, 2015, there was $15,047 of total unrecognized compensation cost related to unvested RSUs granted under the Plan. That cost is expected to be recognized over a weighted average period of 3.86 years.
	Common Stock Valuations
	Prior to the Company’s IPO in August 2013, the Company derived the value of its common stock using valuation models prepared by third parties. In addition, management and the Company’s Board of Directors also considered relevant market activity including the then anticipated IPO, and other events occurring in recent proximity to valuation dates, including the recapitalization transaction and issuance of New Series A Convertible Preferred Stock in July 2011 to determine an estimate of fair value per share for stock options granted prior to August 2013 and for options granted during the years ended December 31, 2012 and 2011.
	Subsequent to the Company’s IPO, the value of the Company’s common stock was determined based on the closing market price of the Company’s common stock traded on the New York Stock Exchange on the grant date.

Stockholders_Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Stockholders' Equity	8. Stockholders’ Equity
	a) Changes in Stockholders’ Equity
	Changes in stockholders’ equity for the three months ended March 31, 2015 were as follows (in thousands, except for share amounts):
		Common		Common		Treasury			Additional		Accumulated			Accumulated			Total
		Stock Shares		Stock		Stock			Paid-In		Deficit			other			Stockholders’
				Amount					Capital					comprehensive			Equity
														loss
	Balance as of December 31, 2014		41,685,048	$	42	$	(3,966	)	$	199,169	$	(21,191	)		(220	)	$	173,834
	Net loss		—		—		—			—		(2,352	)		—			(2,352	)
	Share-based compensation expense		—		—		—			2,806		—			—			2,806
	Exercise of stock options and vesting of awards		180,927		—		—			472		—			—			472
	Issuance of common stock upon vesting of early exercised options		188,875		—		—			340		—			—			340
	Foreign currency translation loss		—		—		—			—		—			(45	)		(45	)
	Balance as of March 31, 2015		42,054,850	$	42	$	(3,966	)	$	202,787	$	(23,543	)		(265	)	$	175,055

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies
	a) Legal Proceedings, Regulatory Matters and Other Contingencies
	From time to time, the Company may become involved in legal proceedings, regulatory matters or other contingencies in the ordinary course of its business. The Company is not presently involved in any legal proceeding, regulatory matter or other contingency that, if determined adversely to it, would individually or in the aggregate have a material adverse effect on its business, operating results, financial condition or cash flows.
	b) Acquisition Payouts
	A summary of the changes in the recorded amount of accrued compensation and deferred consideration from acquisitions from December 31, 2014 to March 31, 2015 is as follows (dollars in thousands):
		Compensation			Deferred			Total
					Consideration
	Liability as of December 31, 2014	$	1,238		$	2,075		$	3,313
	Payments		(216	)		(17	)		(233	)
	Additional accruals		532			—			532
	Liability as of March 31, 2015	$	1,554		$	2,058		$	3,612
	The accrued compensation and consideration related to acquisition payouts is recorded within accrued and other current liabilities on the accompanying consolidated balance sheets.

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	10. Subsequent Events
	The Company has evaluated subsequent events through May 11, 2015, the date the financial statements were available to be issued.
	On May 8, 2015, the Company acquired 100% of the equity interests of SignUp4, LLC (SignUp4) for approximately $22,400 in cash, subject to certain customary adjustments. Per the agreement, three key employees are also eligible for deferred compensation of up to $1,733 in the aggregate, which is contingent upon continued employment of those employees for a specified period of time. SignUp4 is a SaaS provider of event management solutions for corporate meeting planners, travel planners, and event management agencies. The acquisition will be accounted for as a business combination.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation	(a) Basis of Presentation
	The financial information presented in the accompanying unaudited consolidated financial statements as of March 31, 2015, and for the three months ended March 31, 2015 and 2014 has been prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) and in accordance with rules and regulations of the U.S. Securities and Exchange Commission (SEC) regarding interim financial reporting. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, the accompanying unaudited consolidated financial statements reflect all adjustments, consisting primarily of normal recurring accruals, necessary for a fair presentation of the financial position as of March 31, 2015, the results of operations for the three months ended March 31, 2015 and 2014, and cash flows for the three months ended March 31, 2015 and 2014. These unaudited consolidated financial statements should be read in conjunction with the annual audited consolidated financial statements and notes thereto.
Reclassification	(b) Reclassification
	Certain items in the prior period financial statements have been reclassified for comparative purposes to conform to the current period presentation.
Use of Estimates	(c) Use of Estimates
	The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Significant estimates and assumptions made by management include estimated useful lives of property and equipment and capitalized software development costs, goodwill and intangibles, determination of estimated selling prices, allowances for doubtful accounts, valuation of deferred tax assets, valuation assumptions in purchase accounting, certain assumptions related to stock-based compensation, income taxes and legal and other contingencies. Actual results could differ from those estimates and assumptions.
Cash and Cash Equivalents	(d) Cash and Cash Equivalents
	Highly liquid financial instruments purchased with original maturities of 90 days or less at the date of purchase are reported as cash equivalents. Cash equivalents are recorded at cost, which approximates fair value.
	Included in cash and cash equivalents are funds representing amounts reserved for the face value of registration fees or tickets sold on behalf of customers. While these cash accounts are not restricted as to their use, a liability for amounts due to customers under these arrangements has been recorded in accounts payable in the accompanying consolidated balance sheets. The Company had amounts due to customers of $5,239 and $3,431 included within cash and cash equivalents as of March 31, 2015 and December 31, 2014, respectively.
Revenue Recognition	(e) Revenue Recognition
	The Company derives revenue from two primary sources: platform subscription-based solutions and marketing solutions. These services are generally provided under annual or multi-year contracts that are generally only cancellable for cause. Revenue is generally recognized on a straight-line basis over the life of the contract. The Company recognizes revenue when all of the following conditions are met:
	(i) persuasive evidence exists of an arrangement with the customer reflecting the terms and conditions under which the solutions or services will be provided;
	(ii) delivery to customers has occurred or services have been rendered;
	(iii) the fee is fixed or determinable; and
	(iv) collection of the fees is reasonably assured.
	The Company considers a signed agreement or other similar documentation to be persuasive evidence of an arrangement. Collectability is assessed based on a number of factors, including transaction history and the creditworthiness of a customer. If it is determined that collection is not reasonably assured, revenue is not recognized until collection becomes reasonably assured, which is generally upon receipt of cash.
	The Company applies the provisions of FASB ASU 2009-13, Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements (EITF Issue No. 08-1, Revenue Arrangements with Multiple Deliverables) with respect to its multiple-element arrangements entered into or significantly modified on or after January 1, 2011.
	Platform Subscription Revenue
	Event Management
	The Company generates the majority of its revenue through software-as-a-service (SaaS) subscriptions to the event management platform, pricing for which is subject to the features and functionality selected. No features or functionality within the subscription-based services have stand-alone value from one another and, therefore, the entire subscription fee is recognized on a straight-line basis over the term of the subscription arrangement.
	SaaS subscriptions may include functionality that enables customers to manage the registration of participants attending the customer’s event or events. In some cases, the negotiated fee for the subscription is based on a maximum number of event registrations permitted over the subscription term. At any time during the subscription term, customers may elect to purchase blocks of additional registrations, which are referred to as subscription up-sells. The fees associated with the up-sells are added to the original subscription fee, and the revenue is recognized over the remaining subscription period. No portion of the subscription fee is refundable regardless of the actual number of registrations that occur.
	Mobile Apps
	Subscription-based solutions also include the sale of mobile event apps. The revenue for mobile event apps solutions is generally recognized on a straight-line basis over the life of the contract. A customer may use a singular mobile event app for any number of events. At any time during the subscription term, customers may elect to purchase additional mobile event apps, which are referred to as mobile up-sells. The fees associated with the up-sells are added to the original subscription fee, and the revenue is recognized over the remaining subscription period. No portion of the subscription fee is refundable.
	Audience Management Platform
	Revenue related to the Audience Management Platform is generated primarily through convenience and order processing fees charged to the end user purchasing tickets at the time a ticket for an event is sold and is recorded at the time of the event, net of the face value of the ticket. Revenue for these ticket fees collected in advance of the event is recorded as deferred revenue until the event occurs. If an event is cancelled, the customer receives a full refund of the ticket price and fees paid.
	Other subscription-based solutions include the sale of survey solutions, which are contracted though annual or multiyear arrangements.
	Subscription agreements do not provide customers with the right to take possession of the underlying software at any time.
	Hospitality Cloud Revenue
	Towards the end of 2014, the Hospitality Cloud was branded to provide a full spectrum of cloud-based solutions across the hotel group sales lifecycle. Prior to this, the Company primarily concentrated on servicing the hospitality sector with marketing solutions through Cvent Supplier Network (CSN), which provided substantially all of the revenue for the product line in 2014 and before. Marketing solutions revenue is generated through the delivery of various forms of advertising sold through annual or multi-year contracts to marketers, principally hotels and venues. Such solutions include prominent display of a customer’s venue within the Cvent Supplier Network, the Cvent Destination Guide, the Elite Meetings magazine or in various electronic newsletters. Pricing for the advertisements is based on the term of the advertisement, targeted geography, number of advertisements and prominence of the ad placement.
	The Company enters into arrangements with multiple deliverables that generally include various marketing solutions that may be sold individually or bundled together and delivered over various periods of time. In such situations, the Company applies the provisions of Financial Accounting Standards Board, or FASB, Accounting Standards Codification, or ASC, No. 605-25, Revenue Recognition – Multiple Element Arrangements to account for the various elements within the marketing solution agreements delivered over the platform. Under such guidance, in order to treat deliverables in a multiple-deliverable arrangement as separate units of accounting, the deliverables must have standalone value upon delivery. If the deliverables have standalone value upon delivery, the Company accounts for each deliverable separately and revenue is recognized ratably over the contractual period that the related advertising deliverable is provided. Annual marketing solutions on the Cvent Supplier Network are often sold separately, and, as such, all have standalone value.
	Certain one-time marketing solutions, which can run for a month, several months, or a year, are primarily sold in a package. In determining whether the marketing solutions sold in packages have standalone value, the Company considers the availability of the services from other vendors, the nature of the solutions, and the contractual dependence of the solutions to the rest of the package. Based on these considerations, the Company has determined the estimated selling price for each marketing solution sold in a package.
	Revenue arrangements with multiple deliverables are divided into separate units of accounting and the arrangement consideration is allocated to all deliverables based on the relative selling price method. In such circumstances, the Company uses the selling price hierarchy of: (i) Vendor-specific objective evidence, or VSOE, if available, (ii) third-party evidence of selling price, or TPE, and (iii) best estimate of selling price. VSOE is limited to the price charged when the same element is sold separately by the Company. Due to the unique nature of some multiple deliverable revenue arrangements, the Company may not be able to establish selling prices based on historical stand-alone sales using VSOE or TPE; therefore the Company may use its best estimate to establish selling prices for these arrangements. The Company establishes the best estimates within a range of selling prices considering multiple factors including, but not limited to, factors such as size of transaction, customer demand and price lists.
Deferred Revenue	(f) Deferred Revenue
	Deferred revenue consists of contractual billings or payments received in advance of revenue recognition from platform subscription services or marketing solutions that are subsequently recognized when the revenue recognition criteria are met. The Company generally invoices customers in advance in annual or quarterly installments.
Business Combinations	(g) Business Combinations
	The Company is required to allocate the purchase price of acquired companies to the identifiable tangible and intangible assets acquired and liabilities assumed at the acquisition date based upon their estimated fair values.
	Goodwill as of the acquisition date represents the excess of the purchase consideration of an acquired business over the fair value of the underlying net tangible and intangible assets acquired and liabilities assumed. This allocation and valuation require management to make significant estimates and assumptions, especially with respect to long-lived and intangible assets.
	Critical estimates in valuing intangible assets include but are not limited to estimates about: future expected cash flows from customer contracts, customer lists, distribution agreements, proprietary technology and non-competition agreements; the acquired company’s brand awareness and market position, assumptions about the period of time the brand will continue to be used in our product portfolio; as well as expected costs to develop the in-process research and development into commercially viable products and estimated cash flows from the projects when completed, and discount rates. The Company’s estimates of fair value are based upon assumptions the Company believe to be reasonable, but which are inherently uncertain and unpredictable. Assumptions may be incomplete or inaccurate, and unanticipated events and circumstances may occur.
	In addition, uncertain tax positions and tax-related valuation allowances assumed in connection with a business combination are initially estimated as of the acquisition date. The Company continues to evaluate these items quarterly and records any adjustments to the preliminary estimates to goodwill provided that the Company is within the measurement period. Subsequent to the measurement period, changes to these uncertain tax positions and tax related valuation allowances will affect the Company’s provision for income taxes in the consolidated statements of operations in the current period.
	Other estimates associated with the accounting for these acquisitions may change as additional information becomes available regarding the assets acquired and liabilities assumed.
Goodwill	(h) Goodwill
	Goodwill represents the excess of: (i) the aggregate of the fair value of consideration transferred in a business combination, over (ii) the fair value of assets acquired, net of liabilities assumed. Goodwill is not amortized, but is subject to annual impairment tests. The goodwill impairment test is a two-step test. Under the first step, the fair value of the reporting unit is compared with its carrying value, including goodwill. If the fair value of the reporting unit is less than its carrying value, an indication of goodwill impairment exists for the reporting unit and the entity must perform step two of the impairment test (measurement). Under step two, an impairment loss is recognized for any excess of the carrying amount of the reporting unit’s goodwill over the implied fair value of that goodwill. The implied fair value of goodwill is determined by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation and the residual fair value after this allocation is the implied fair value of the reporting unit goodwill. Fair value of the reporting unit is estimated using a discounted cash flow analysis. If the fair value of the reporting unit exceeds its carrying value, step two is not performed.
	In September 2011, the FASB issued ASU 2011-08, Intangibles—Goodwill and Other (Topic 350): Testing Goodwill for Impairment. This ASU permits an entity to make a qualitative assessment of whether it is more likely than not that a reporting unit’s fair value is less than its carrying amount before applying the two-step goodwill impairment test. If an entity concludes it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, it need not perform the two-step impairment test. The Company adopted the provisions of ASU 2011-08 as of January 1, 2012.
	The Company performs its annual impairment review of goodwill on November 30 and when a triggering event occurs between annual impairment tests. There were no triggering events or indications of impairment as of March 31, 2015.
Capitalized Software Development Costs	(i) Capitalized Software Development Costs
	Costs to develop internal use software are capitalized and recorded as capitalized software in accordance with the provisions of FASB ASC Subtopic 350-40, Intangibles-Goodwill and Other Subtopic 40 Internal-Use Software on the balance sheet. These costs are amortized on a project-by-project basis using the straight-line method over the estimated economic life of the application, which is generally three years, beginning when the asset is substantially ready for use. Costs incurred during the preliminary development stage, as well as maintenance and training costs are expensed as incurred.
Deferred Tax Assets and Liabilities	(j) Deferred Tax Assets and Liabilities
	Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. To the extent that it is not considered to be more likely than not that a deferred tax asset will be realized, a valuation allowance is established. The Company applies the provisions of FASB interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48) (included in ASC Subtopic 740-10, Income Taxes—Overall), which provides guidance related to the accounting for uncertain tax positions. In accordance with FIN 48, the Company only recognizes the tax benefit from an uncertain tax position if it is more likely than not that the tax position will be sustained upon examination.
Stock-Based Compensation	(k) Stock-Based Compensation
	The Company accounts for its employee stock-based compensation awards in accordance with FASB ASC Topic 718, Compensation—Stock Compensation. ASC Topic 718 requires that all employee stock-based compensation is recognized as a cost in the financial statements and that for equity-classified awards, such cost is measured at the grant date fair value of the award. The Company estimates grant date fair value for stock options using the Black-Scholes option-pricing model. The Company estimates grant date fair value for restricted stock units based on the closing price of the underlying shares on grant date.
	Determining the fair value of stock options under the Black-Scholes model requires judgment, including estimated volatility, risk free rate, expected term and estimated dividend yield. The assumptions used in calculating the fair value of stock-based compensation awards represent the Company’s best estimates, based on management judgment. The estimate of the value per share of the Company’s common stock used in the option-pricing model prior to the Company’s IPO was based on the contemporaneous valuations performed with the assistance of an unrelated third-party valuation specialist and management’s analysis of market transactions in proximity to the valuation dates. The estimated dividend yield is zero since the Company has not issued dividends to date and does not anticipate issuing dividends. The risk-free interest rate is based on the implied yield currently available on U.S. Treasury zero coupon issues with an equivalent remaining term. Due to its limited trading history, the Company estimates volatility for option grants by evaluating the average historical volatility of a peer group of similar public companies. The expected term of the Company’s option plans represent the period that its stock-based awards are expected to be outstanding. For purposes of determining the expected term, the Company applies the simplified approach, in which the expected term of an award is presumed to be the mid-point between the vesting date and the expiration date of the award. Awards generally vest over a service period of four years, with a maximum contractual term of ten years.
	Pursuant FASB ASC Subtopic 718-10-35, Stock Compensation, the initial determination of compensation cost is based on the number of stock options granted amortized over the vesting period. The value of the awards granted is discounted by the forfeiture rate equal to the value expected to vest. The forfeiture rate was derived by taking into consideration historical employee turnover rates as well as expectations for the future. Expense is recognized using the straight-line attribution method. Compensation cost for restricted stock units is measured at the fair value of the underlying shares on grant date and recognized on a straight-line basis over the vesting period.
Foreign Currency	(l) Foreign Currency
	The Company’s foreign subsidiary in India designates the U.S. dollar as the functional currency. For the subsidiary, assets and liabilities denominated in foreign currency are remeasured into U.S. dollars at current exchange rates for monetary assets and liabilities and historical exchange rates for nonmonetary assets and liabilities. Foreign currency gains and losses associated with remeasurement are included in general and administrative expense in the consolidated statements of operations.
	Foreign currency gains (losses) associated with transactions and remeasurement were $186 and $439 for the three months ended March 31, 2015 and 2014, respectively.
	The Company’s foreign subsidiary in the UK designates the British Pound as its functional currency. For the subsidiary, assets and liabilities denominated in foreign currency are translated into U.S. dollars at current exchange rates. Foreign currency gains and losses associated with translation are included in accumulated other comprehensive gain (loss) in the consolidated balance sheets.
	Accumulated other comprehensive loss associated with translation was $265 and $220 as of March 31, 2015 and December 31, 2014, respectively.
New Accounting Pronouncements	New Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued joint guidance to improve and converge the financial reporting requirements for revenue from contracts with customers. ASU 2014-9, Revenue from Contracts with Customers, prescribes a five-step model for revenue recognition that will replace most existing revenue recognition guidance under U.S. GAAP. The new standard supersedes nearly all existing revenue recognition guidance under U.S. GAAP, and requires companies to recognize revenue when it transfers goods or services to a customer in an amount that reflects the consideration to which a company expects to be entitled for those goods or services. This update also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments, and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 allows for either full retrospective or modified retrospective adoption and will become effective for the Company in the first quarter of 2017. Early adoption is prohibited. In March 2015, the FASB recommended a one-year delay on effectiveness of this standard. Management is currently evaluating which adoption method it will use and assessing the effect the adoption of this standard will have on the consolidated financial statements.

Net_Income_Loss_Per_Share_Tabl

Net Income (Loss) Per Share (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Income Per Share	The computation of basic and diluted net income per share is as follows:
		Three Months Ended March 31,
		2015			2014
	Net income (loss)	$	(2,352	)	$	1,641
	Weighted average number of shares outstanding:
	Weighted average common shares outstanding		41,236,164			40,619,281
	Weighted average shares outstanding for basic earnings per share		41,236,164			40,619,281
	Effect of share-based equity award plan		—			2,574,893
	Weighted average shares outstanding for diluted earnings per share		41,236,164			43,194,174
	Net income (loss) per share:
	Basic	$	(0.06	)	$	0.04
	Diluted	$	(0.06	)	$	0.04

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Weighted Average Assumptions Used in Valuation of Stock-Based Awards	The following is a summary of the weighted average assumptions used in the valuation of stock-based awards under the Black-Scholes model:
		Three Months Ended			Three Months Ended
		March 31, 2015			March 31, 2014
	Dividend yield		0	%		0	%
	Volatility		45.8	%		48.96	%
	Expected term (years)		6.31			6.72
	Risk-free interest rate		1.52	%		1.18	%
Stock Option Activity	Stock option activity during the periods indicated is as follows:
		Number of			Weighted			Weighted		Aggregate
		shares subject to			average			average		intrinsic
		options			exercise			remaining		value
					price per share			contractual
								term (years)
	Balance at December 31, 2014		4,166,214		$	12.7			7.56	$	63,186
	Granted		880,104			26.79
	Exercised		(369,802	)		2.19
	Forfeited		(89,448	)		23.53
	Expired		—			—
	Balance at March 31, 2015		4,587,068		$	16.04			8.09	$	55,029
	Exercisable at March 31, 2015		1,346,135		$	2.4			6.03	$	34,515
Summary of RSU Activity	RSU activity during the periods indicated is as follows:
		Number			Weighted			Weighted		Aggregate
		of shares			average			average		intrinsic
		subject to			share			remaining		value
		restriction			value			contractual
								term
								(years)
	Balance at December 31, 2014		422,263		$	28.43			2.62	$	11,756
	Granted		371,525			26.84
	Vested		—			—
	Forfeited		(16,325	)		27.51
	Balance at March 31, 2015	$	777,463		$	27.69			2.46	$	21,800

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Summary of Changes in Stockholders' Equity	Changes in stockholders’ equity for the three months ended March 31, 2015 were as follows (in thousands, except for share amounts):
		Common		Common		Treasury			Additional		Accumulated			Accumulated			Total
		Stock Shares		Stock		Stock			Paid-In		Deficit			other			Stockholders’
				Amount					Capital					comprehensive			Equity
														loss
	Balance as of December 31, 2014		41,685,048	$	42	$	(3,966	)	$	199,169	$	(21,191	)		(220	)	$	173,834
	Net loss		—		—		—			—		(2,352	)		—			(2,352	)
	Share-based compensation expense		—		—		—			2,806		—			—			2,806
	Exercise of stock options and vesting of awards		180,927		—		—			472		—			—			472
	Issuance of common stock upon vesting of early exercised options		188,875		—		—			340		—			—			340
	Foreign currency translation loss		—		—		—			—		—			(45	)		(45	)
	Balance as of March 31, 2015		42,054,850	$	42	$	(3,966	)	$	202,787	$	(23,543	)		(265	)	$	175,055

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Changes in Recorded Amount of Accrued Compensation and Deferred Consideration from Acquisitions	A summary of the changes in the recorded amount of accrued compensation and deferred consideration from acquisitions from December 31, 2014 to March 31, 2015 is as follows (dollars in thousands):
		Compensation			Deferred			Total
					Consideration
	Liability as of December 31, 2014	$	1,238		$	2,075		$	3,313
	Payments		(216	)		(17	)		(233	)
	Additional accruals		532			—			532
	Liability as of March 31, 2015	$	1,554		$	2,058		$	3,612

Summary_of_Significant_Account2

Summary of Significant Accounting Policies - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
	Source
Significant Of Accounting Policies [Line Items]
Cash and cash equivalent maturity period	90 days
Amount due to customers under credit arrangements	$5,239,000		$3,431,000
Number of primary sources	2
Goodwill impairment	0
Estimated dividend yield	0.00%	0.00%
Risk-free interest rate	1.52%	1.18%
Awards vesting, service period	4 years
Options expiration period	10 years
Foreign currency gains (losses)	186,000	439,000
Accumulated other comprehensive loss	$265,000		$220,000
US Treasury [Member]
Significant Of Accounting Policies [Line Items]
Risk-free interest rate	0.00%
Software Development [Member]
Significant Of Accounting Policies [Line Items]
Estimated useful life	3 years

FollowOn_Public_Offering_Addit

Follow-On Public Offering - Additional Information (Detail) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Jan. 16, 2014
Equity [Abstract]
Follow-on public offering shares		6,072,000
Follow-on public offering shares sold		747,500
Follow-on public offering selling shares sold		5,324,500
Follow-on public offering shares price		$35.50
Proceeds from follow-on public offering, net of expenses	$24,846
Offering closed date	23-Jan-14

Net_Income_Loss_Per_Share_Addi

Net Income (Loss) Per Share - Additional Information (Detail)	0 Months Ended	3 Months Ended
	Jun. 13, 2012	Mar. 31, 2015	Mar. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effect of non-vested early option exercised	188,875		2,574,893
Early exercised during period	573,941	369,802
Stock Options and Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effect of anti-dilutive securities in computation of pro forma diluted loss per share		2,012,102

Net_Income_Loss_Per_Share_Comp

Net Income (Loss) Per Share - Computation of Basic and Diluted Net Income Per Share (Detail) (USD $)	0 Months Ended	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 13, 2012	Mar. 31, 2015	Mar. 31, 2014
Earnings Per Share [Abstract]
Net income (loss)		($2,352)	$1,641
Weighted average number of shares outstanding:
Weighted average common shares outstanding		41,236,164	40,619,281
Weighted average shares outstanding for basic earnings per share		41,236,164	40,619,281
Effect of share-based equity award plan	188,875		2,574,893
Weighted average shares outstanding for diluted earnings per share		41,236,164	43,194,174
Net income (loss) per share:
Basic		($0.06)	$0.04
Diluted		($0.06)	$0.04

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income Tax Disclosure [Abstract]
Effective income tax rate	44.40%	-78.60%
Undistributed earnings of Company's foreign affiliates	$5,775

StockBased_Compensation_Additi

Stock-Based Compensation - Additional Information (Detail) (USD $)	0 Months Ended	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 13, 2012	Mar. 31, 2015	Mar. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards vesting, service period		4 years
Options expiration period		10 years
Weighted average grant date fair value		$12.38
Intrinsic value of options exercised		$4,538
Stock-based compensation expense		2,806	930
Unrecognized compensation cost related to unvested stock options granted		20,712
Weighted average period of unrecognized compensation cost recognition		3 years 2 months 19 days
Stock options were exercised prior to vesting pursuant to an early exercise feature	573,941	369,802
Options vested and portion of liability related to vesting options reclassified to common stock		188,875
Liability related to the vesting options		340
Remaining options unvested		0
Recognized compensation expense, term		3 years 10 months 10 days
Employee Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		1,833	832
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		973	98
Unrecognized compensation cost related to unvested stock options granted		$15,047
2013 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant		6,352,099

StockBased_Compensation_Summar

Stock-Based Compensation - Summary of Weighted Average Assumptions Used in Valuation of Stock-Based Awards (Detail)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Dividend yield	0.00%	0.00%
Volatility	45.80%	48.96%
Expected term (years)	6 years 3 months 22 days	6 years 8 months 19 days
Risk-free interest rate	1.52%	1.18%

StockBased_Compensation_Stock_

Stock-Based Compensation - Stock Option Activity (Detail) (USD $)	0 Months Ended	3 Months Ended	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 13, 2012	Mar. 31, 2015	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Aggregate intrinsic value, Beginning Balance			$63,186
Number of shares subject to options, Beginning Balance		4,166,214
Number of shares subject to options, Granted		880,104
Number of shares subject to options, Exercised	-573,941	-369,802
Number of shares subject to options, Forfeited		-89,448
Number of shares subject to options, Expired		0
Number of shares subject to options, Ending Balance		4,587,068	4,166,214
Number of shares subject to options, Exercisable		1,346,135
Weighted average exercise price per share, Beginning Balance		$12.70
Weighted average exercise price per share, Granted		$26.79
Weighted average exercise price per share, Exercised		$2.19
Weighted average exercise price per share, Forfeited		$23.53
Weighted average exercise price per share, Expired		$0
Weighted average exercise price per share, Ending Balance		$16.04	$12.70
Weighted average exercise price per share, Exercisable		$2.40
Weighted average remaining contractual term (years)		8 years 1 month 2 days	7 years 6 months 22 days
Weighted average remaining contractual term (years), Exercisable		6 years 11 days
Aggregate intrinsic value, Ending Balance		55,029
Aggregate intrinsic value, Exercisable		$34,515

StockBased_Compensation_Summar1

Stock-Based Compensation - Summary of RSU Activity (Detail) (Restricted Stock Units (RSUs) [Member], USD $)	3 Months Ended	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares subject to restriction, Beginning Balance	422,263
Number of shares subject to restriction, Granted	371,525
Number of shares subject to restriction, Vested	0
Number of shares subject to restriction, Forfeited	-16,325
Number of shares subject to restriction, Ending Balance	777,463	422,263
Weighted average share value, Beginning Balance	$28.43
Weighted average share value, Granted	$26.84
Weighted average share value, Vested	$0
Weighted average share value, Forfeited	$27.51
Weighted average share value, Ending Balance	$27.69	$28.43
Weighted average remaining contractual term (years)	2 years 5 months 16 days	2 years 7 months 13 days
Aggregate intrinsic value, Beginning Balance	$11,756
Aggregate intrinsic value, Ending Balance	$21,800	$11,756

Stockholders_Equity_Summary_of

Stockholders' Equity - Summary of Changes in Stockholders' Equity (Detail) (USD $)	0 Months Ended	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 13, 2012	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Beginning Balance		$173,834
Net loss		-2,352	1,641
Share-based compensation expense		2,806
Exercise of stock options and vesting of awards		472
Issuance of common stock upon vesting of early exercised options		340
Issuance of common stock upon vesting of early exercised options, Shares	573,941	369,802
Foreign currency translation loss		-45
Ending Balance		175,055
Common Stock [Member]
Beginning Balance		42
Beginning Balance, Shares		41,685,048
Exercise of stock options and vesting of awards, Shares		180,927
Issuance of common stock upon vesting of early exercised options, Shares		188,875
Ending Balance		42
Ending Balance, Shares		42,054,850
Treasury Stock [Member]
Beginning Balance				-3,966
Ending Balance		-3,966		-3,966
Additional Paid-In Capital [Member]
Beginning Balance		199,169
Share-based compensation expense		2,806
Exercise of stock options and vesting of awards		472
Issuance of common stock upon vesting of early exercised options		340
Ending Balance		202,787
Accumulated Deficit [Member]
Beginning Balance		-21,191
Net loss		-2,352
Ending Balance		-23,543
Accumulated Other Comprehensive Loss [Member]
Beginning Balance		-220
Foreign currency translation loss		-45
Ending Balance		($265)

Commitments_and_Contingencies_1

Commitments and Contingencies - Changes in Recorded Amount of Accrued Compensation and Deferred Consideration from Acquisitions (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Accrued compensation liability, Beginning balance	$1,238
Accrued compensation liability, Payments	-216
Accrued compensation liability, Additional accruals	532
Accrued compensation liability, Ending balance	1,554
Deferred consideration liability, Beginning balance	2,075
Deferred consideration liability, Payments	-17
Deferred consideration liability, Additional accruals	0
Deferred consideration liability, Ending balance	2,058
Accrued compensation and Deferred consideration liability, Beginning balance	3,313
Accrued compensation and Deferred consideration liability, Payments	-233
Accrued compensation and Deferred consideration liability, Additional accruals	532
Accrued compensation and Deferred consideration liability, Ending balance	$3,612

Subsequent_Events_Additional_I

Subsequent Events - Additional Information (Detail) (USD $)	3 Months Ended	0 Months Ended
	Mar. 31, 2015	8-May-15
		Employee
Subsequent Event [Line Items]
Subsequent events evaluation date	11-May-15
Subsequent Event [Member] | SignUp4, LLC [Member]
Subsequent Event [Line Items]
Business acquisition interests acquired, percentage		100.00%
Business acquisition approximate amount of cash paid		$22,400,000
Number of key employees		3
Subsequent Event [Member] | Maximum [Member] | SignUp4, LLC [Member]
Subsequent Event [Line Items]
Contingent deferred compensation		$1,733,000