Opentable 10-Q 2 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	1-May-14
Document And Entity Information [Abstract]	'	'
Entity Registrant Name	'OPENTABLE INC	'
Entity Central Index Key	'0001125914	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	23,518,077
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
CURRENT ASSETS:	'	'
Cash and cash equivalents	$103,469	$100,283
Short-term investments	14,126	14,263
Accounts receivable, net of allowance for doubtful accounts of $1,677 and $1,532 at March 31, 2014 and December 31, 2013	26,537	25,359
Prepaid expenses and other current assets	3,976	4,659
Deferred tax asset	18,966	17,861
Total current assets	167,074	162,425
Property, equipment and software, net	32,101	30,972
Goodwill	80,845	79,271
Intangible assets	17,538	23,376
Deferred tax asset	15,552	14,092
Other assets	846	835
TOTAL ASSETS	313,956	310,971
CURRENT LIABILITIES:	'	'
Accounts payable	3,826	5,156
Accrued expenses	7,231	8,676
Accrued compensation	4,807	4,692
Deferred revenue	1,829	1,556
Dining rewards payable	40,289	37,509
Total current liabilities	57,982	57,589
Deferred revenue — non-current	1,675	1,894
Deferred tax liabilities	29	2,508
Income tax liabilities	15,276	15,597
Other long-term liabilities	3,001	3,121
Total liabilities	77,963	80,709
COMMITMENTS AND CONTINGENCIES (Note 5)	'	'
STOCKHOLDERS’ EQUITY:	'	'
Common stock, $0.0001 par value — 100,000,000 shares authorized; 25,424,179 and 25,300,522 shares issued, 23,499,704 and 23,376,047 shares outstanding at March 31, 2014 and December 31, 2013	3	3
Additional paid-in capital	272,833	263,697
Treasury stock, at cost (1,924,475 shares at March 31, 2014 and December 31, 2013)	-74,247	-74,247
Accumulated other comprehensive income	1,333	1,095
Retained earnings	36,071	39,714
Total stockholders’ equity	235,993	230,262
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$313,956	$310,971

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Accounts receivable, allowance for doubtful accounts (in dollars)	$1,677	$1,532
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	25,424,179	25,300,522
Common stock, shares outstanding	23,499,704	23,376,047
Treasury stock, shares	1,924,475	1,924,475

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
Share data in Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Income Statement [Abstract]	'	'
REVENUES	$53,779,000	$45,501,000
COSTS AND EXPENSES:	'	'
Operations and support	14,335,000	11,363,000
Sales and marketing	13,857,000	10,502,000
Technology	6,243,000	4,500,000
General and administrative	9,307,000	9,219,000
Impairment of acquired intangibles	12,648,000	0
Total costs and expenses	56,390,000	35,584,000
Income (loss) from operations	-2,611,000	9,917,000
Other income, net	0	13,000
Income (loss) before taxes	-2,611,000	9,930,000
Income tax expense	1,032,000	2,789,000
NET INCOME (LOSS)	($3,643,000)	$7,141,000
Net income (loss) per share (See Note 7):	'	'
Basic (in dollars per share)	($0.16)	$0.31
Diluted (in dollars per share)	($0.16)	$0.30
Weighted average shares outstanding:	'	'
Basic (in shares)	23,443	22,937
Diluted (in shares)	23,443	23,785

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Statement of Comprehensive Income [Abstract]	'	'
Net income (loss)	($3,643)	$7,141
Foreign currency translation gain (loss)	238	-3,535
Other comprehensive income (loss)	238	-3,535
COMPREHENSIVE INCOME (LOSS)	($3,405)	$3,606

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
OPERATING ACTIVITIES:	'	'
Net income (loss)	($3,643,000)	$7,141,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:	'	'
Depreciation and amortization	3,719,000	2,596,000
Amortization of intangibles	1,799,000	946,000
Impairment of acquired intangibles	12,648,000	0
Provision for doubtful accounts	672,000	766,000
Stock-based compensation	4,362,000	4,593,000
Write-off of property, equipment and software	148,000	201,000
Deferred taxes	-5,060,000	-1,788,000
Excess tax benefit related to stock-based compensation	-1,414,000	-700,000
Changes in operating assets and liabilities (net of effect of acquisitions):	'	'
Accounts receivable	-2,363,000	-2,570,000
Prepaid expenses and other current assets	2,244,000	-260,000
Accounts payable and accrued expenses	-259,000	-2,440,000
Accrued compensation	105,000	755,000
Deferred revenue	58,000	58,000
Long-term liabilities	-222,000	362,000
Dining rewards payable	2,770,000	2,415,000
Net cash provided by operating activities	15,564,000	12,075,000
INVESTING ACTIVITIES:	'	'
Purchases of property, equipment and software	-5,125,000	-4,661,000
Purchases of investments	-3,732,000	-1,522,000
Maturities of investments	3,929,000	245,000
Acquisition of businesses, net of cash acquired	-11,322,000	-9,923,000
Net cash used in investing activities	-16,250,000	-15,861,000
FINANCING ACTIVITIES:	'	'
Excess tax benefit related to stock-based compensation	1,414,000	700,000
Proceeds from issuance of common stock upon exercise of employee stock options	2,704,000	3,361,000
Repurchases of common stock	0	-8,308,000
Net cash provided by (used in) financing activities	4,118,000	-4,247,000
EFFECT OF EXCHANGE RATES ON CASH	-246,000	-196,000
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	3,186,000	-8,229,000
CASH AND CASH EQUIVALENTS — Beginning of period	100,283,000	102,772,000
CASH AND CASH EQUIVALENTS — End of period	103,469,000	94,543,000
SUPPLEMENTAL DISCLOSURE OF OTHER CASH FLOW INFORMATION:	'	'
Cash paid for income taxes	2,346,000	8,551,000
Cash paid for interest expense	22,000	0
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:	'	'
Purchase of property, equipment and software recorded in accounts payable and accrued expenses	853,000	4,521,000
Cancellation of common stock in connection with acquisition of business	$11,000	$0

Organization_and_Description_o

Organization and Description of Business	3 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization and Description of Business	'
	Organization and Description of Business
	OpenTable, Inc. (together with its subsidiaries, “OpenTable” or the “Company”), was incorporated on October 13, 1998, and is a Delaware corporation. The Company provides solutions that form an online network connecting reservation-taking restaurants and people who dine at those restaurants. For restaurant customers, the Company provides a proprietary Electronic Reservation Book (“ERB”) and Connect. The ERB combines proprietary software and computer hardware to deliver a solution that computerizes restaurant host-stand operations and replaces traditional pen-and-paper reservation books. The ERB streamlines and enhances a number of business-critical functions and processes for restaurants, including reservation management, table management, guest recognition and email marketing. For restaurants that do not require the operational benefits of the ERB, OpenTable offers Connect, a web-based solution that enables participating restaurants to receive reservations from OpenTable’s websites and mobile applications (“apps”) as well as the websites and mobile apps of OpenTable’s partners and restaurant customers. For diners, the Company operates popular restaurant reservation websites and mobile apps. OpenTable’s websites and mobile apps enable diners to find, choose and book tables at restaurants on the OpenTable network, overcoming the inefficiencies associated with the traditional process of reserving by phone.
	Certain Significant Risks and Uncertainties
	The Company operates in a dynamic industry, and accordingly, can be affected by a variety of factors. For example, management of the Company believes that changes in any of the following areas could have a significant negative effect on the Company’s future financial position, results of operations or cash flows: the ability to maintain an adequate rate of growth; the impact of the economic conditions on its business; the ability to attract new restaurant customers; the ability to increase the number of visitors to its websites and mobile apps and convert those visitors into diners; and the ability to retain existing restaurant customers and diners or encourage repeat reservations.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	Summary of Significant Accounting Policies
	Principles of Consolidation
	These condensed consolidated financial statements include the accounts of OpenTable, Inc. and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
	Basis of Presentation
	The accompanying condensed consolidated financial statements are unaudited. These unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“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 consolidated financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Accordingly, these interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, as filed on February 21, 2014 with the SEC. The condensed consolidated balance sheet as of December 31, 2013, included herein was derived from the audited consolidated financial statements as of that date but does not include all disclosures required by GAAP, including notes to the consolidated financial statements.
	The unaudited interim condensed consolidated financial statements have been prepared on the same basis as the audited consolidated financial statements and include all adjustments (consisting only of normal recurring adjustments) necessary for the fair presentation of the Company’s statement of financial position at March 31, 2014 and December 31, 2013, and its results of operations for the three months ended March 31, 2014 and 2013, and its cash flows for the three months ended March 31, 2014 and 2013. The results for the three months ended March 31, 2014 are not necessarily indicative of the results to be expected for any future period. All references to March 31, 2014 or to the three months ended March 31, 2014 and 2013 in the notes to the condensed consolidated financial statements are unaudited.
	2. Summary of Significant Accounting Policies (Continued)
	Acquisition of Ness
	In February 2014, the Company acquired Ness Computing, Inc., a provider of mobile personalized restaurant recommendations, for a purchase price of approximately $17.2 million in cash, or $11.3 million net of cash acquired. The Company recorded $1.2 million of goodwill and $8.5 million of developed technology which is being amortized over three years. The Company has included the effects of the transaction within the results of operations prospectively from February 4, 2014, the date of acquisition. Pro forma financial information for this business combination has not been presented, as the effects were not material to the Company’s historical consolidated financial statements.
	Use of Estimates
	The preparation of the Company’s financial statements in conformity with GAAP 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 financial statements and the reported amounts of income and expenses during the reporting period. These estimates are based on information available as of the date of the financial statements; therefore, actual results could differ from those estimates.
	Recently Issued Accounting Standards
	As of March 31, 2014, the Company believes that there are no recently issued accounting pronouncements not yet effective that will have an impact on the Company’s condensed consolidated financial statements.

ShortTerm_Investments_and_Fair

Short-Term Investments and Fair Value Measurements	3 Months Ended
	Mar. 31, 2014
Short-term Investments [Abstract]	'
Short-Term Investments and Fair Value Measurements	'
	Short-Term Investments and Fair Value Measurements
	Short-term investments are summarized as follows (in thousands):
		Amortized		Unrealized		Unrealized		Estimated Fair
		Cost		Gains		Losses		Market Value
	At March 31, 2014:
	U.S. government and agency securities	$	11,222	$	—	$	—	$	11,222
	Certificates of deposit	2,904		—		—		2,904
	Total	$	14,126	$	—	$	—	$	14,126
		Amortized		Unrealized		Unrealized		Estimated Fair
		Cost		Gains		Losses		Market Value
	At December 31, 2013:
	U.S. government and agency securities	$	11,145	$	—	$	—	$	11,145
	Certificates of deposit	3,118		—		—		3,118
	Total	$	14,263	$	—	$	—	$	14,263
	As of March 31, 2014 and December 31, 2013, there were no investments that had maturity dates of greater than one year.
	The Company classifies all investments as Level 2 assets.
	The Company chose not to elect the fair value option as prescribed by ASC Topic 825—Financial Instruments for its financial assets and liabilities that had not been previously carried at fair value. Therefore, financial assets and liabilities not carried at fair value, such as accounts payable, are still reported at their carrying values.

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets	'
	Goodwill and Intangible Assets
	The following table summarizes the changes in the Company’s goodwill by geographical reporting unit (in thousands):
		North America		International			Consolidated
	Balance at December 31, 2013	$	38,991	$	40,280		$	79,271
	Goodwill related to acquisitions	1,205		—			1,205
	Foreign exchange rate adjustment	—		369			369
	Balance at March 31, 2014	$	40,196	$	40,649		$	80,845
	A summary of intangible assets as of March 31, 2014 and December 31, 2013 is as follows (in thousands):
		March 31,										December 31,
		2014										2013
		Gross		Accumulated			Accumulated			Total		Gross		Accumulated			Total
		Carrying		Amortization			Impairment					Carrying		Amortization
		Value					Loss					Value
	Trademarks	$	12,788	$	(119	)	$	(12,648	)	$	21	$	12,672	$	(106	)	$	12,566
	Customer relationships	12,147		(9,434		)	—			2,713		12,076		(9,140		)	2,936
	Developed technology	21,201		(6,397		)	—			14,804		12,690		(4,816		)	7,874
	Total intangible assets	$	46,136	$	(15,950	)	$	(12,648	)	$	17,538	$	37,438	$	(14,062	)	$	23,376
	Intangible assets with finite lives are amortized on a straight-line basis over their estimated useful lives which range from one to four years. Amortization of intangible assets was $1.8 million and $0.9 million for the three months ended March 31, 2014 and 2013, respectively. Based on the current amount of intangibles subject to amortization, estimated future annual amortization expense is as follows: 2014 (remainder): $6.7 million; 2015: $6.0 million; 2016: $3.4 million; 2017: $1.1 million and 2018: $0.4 million. Intangible assets with indefinite lives are not amortized. Instead, they are reviewed for impairment annually, or whenever events or changes in circumstances indicate the carrying amount exceeds its fair value. The Company has defined its annual intangible impairment evaluation date as August 31. The Company performed its annual intangible impairment evaluation as of August 31, 2013 and determined that the carrying amount of the indefinite life intangible assets did not exceed the fair value. There was no impairment of indefinite life intangible assets as of December 31, 2013. In the first quarter of 2014, the Company made a decision to discontinue the use of the toptable brand name in the U.K. marketplace and transition to a single OpenTable brand internationally, beginning in April 2014. Accordingly, the Company determined that the indefinite-lived toptable trademark was impaired as of March 31, 2014, resulting in an impairment loss of $12.6 million.
	Goodwill is evaluated at the reporting unit level for impairment annually, or more frequently if events and conditions indicate goodwill may be impaired. The evaluation for impairment is performed by comparing the reporting unit’s carrying amount of goodwill to the fair value of the reporting unit. If the carrying amount exceeds the reporting unit fair value, then the second step of the impairment test is performed to determine the amount of the impairment loss. The Company has defined its annual goodwill impairment evaluation date as August 31. The Company performed its annual goodwill impairment evaluation as of August 31, 2013 and determined that the carrying amount of goodwill did not exceed the fair value of either reporting units. Additionally, there was no impairment of goodwill as of March 31, 2014 or December 31, 2013.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	Commitments and Contingencies
	Contractual Obligations
	The Company leases its facilities under operating leases. These leases expire at various dates through 2020. 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 period.
	5. Commitments and Contingencies (Continued)
	Litigation
	The Company is subject to various legal proceedings and claims arising in the ordinary course of business. Although occasional adverse decisions or settlements may occur, management believes that the final disposition of such matters will not have a material adverse effect on the Company’s business, financial position, results of operations or cash flows.

Stockholders_Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2014
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity	'
	Stockholders’ Equity
	Treasury Stock
	In August 2012, the Company announced that the Board of Directors authorized the Company to purchase up to $50.0 million of its outstanding common stock. During the three months ended March 31, 2013, the Company purchased 137,500 shares of stock for $8.3 million (including commissions) under this share repurchase program. No amounts were purchased during the three months ended March 31, 2014.
	Stock-Based Compensation
	The Company applies the provisions of ASC Topic 718—Stock Compensation (Topic 718), which requires compensation costs related to share-based transactions, including employee stock options, to be recognized in the financial statements based on fair value.
	Stock Options
	Under Topic 718, the fair value of each option award is estimated on the date of grant using the Black-Scholes option pricing model.
	The following table summarizes the assumptions relating to the Company’s stock options for the three months ended March 31, 2014 and 2013, respectively:
		Three Months Ended March 31,
		2014	2013
	Dividend yield	0%	0%
	Volatility	41.9% - 45.0%	54.00%
	Risk-free interest rate	1.51% - 2.10%	1.03%
	Expected term, in years	5.00 - 6.08	6.08
	The Company granted 69,486 and 31,518 stock options during the three months ended March 31, 2014 and 2013, respectively. The Company recorded stock-based compensation expense related to stock options of $2.8 million and $4.2 million for three months ended March 31, 2014 and 2013, respectively.
	Restricted Stock Units
	The cost of RSUs is determined using the fair value of the Company’s common stock on the date of grant. RSUs typically vest and become exercisable annually, based on a one- to four-year total vesting term. Stock-based compensation expense is amortized using a graded vesting attribution method over the requisite service period.
	The Company granted 207,108 and 97,254 RSUs during the three months ended March 31, 2014 and 2013, respectively. The Company recorded stock-based compensation expense related to RSUs of $1.5 million and $0.4 million, respectively, for the three months ended March 31, 2014 and 2013, respectively.
	6. Stockholders’ Equity (Continued)
	Excess Tax Benefits
	Topic 718 requires the benefits of tax deductions in excess of recognized compensation expense to be reported as a financing cash flow, rather than as an operating cash flow. For the three months ended March 31, 2014 and 2013, the Company recorded $1.4 million and $0.7 million, respectively, of excess tax benefits from stock-based compensation.

Net_Income_Per_Share

Net Income Per Share	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Net Income Per Share	'
	Net Income Per Share
	The Company calculates net income per share in accordance with ASC Topic 260—Earnings per Share.
	Non-vested performance-based awards are included in the diluted shares outstanding each period if established performance criteria have been met at the end of the respective periods. 97,600 shares were excluded from the dilutive shares outstanding for the three months ended March 31, 2013, as the performance criteria had not been met as of such date. In June 2013, all remaining non-vested performance-based awards were cancelled. As such, no such shares were included in the dilutive shares outstanding for the three months ended March 31, 2014.
	Anti-dilutive shares in the amounts of 2,339,000 and 281,000 were excluded from the dilutive shares outstanding for the three months ended March 31, 2014 and 2013, respectively.
	The following table sets forth the computation of basic and diluted net income per share for the periods indicated (in thousands, except per share amounts):
		Three Months Ended
		March 31,
		2014			2013
	Basic net income (loss) per common share calculation:
	Net income (loss)	$	(3,643	)	$	7,141
	Basic weighted average common shares outstanding	23,443			22,937
	Basic net income (loss) per share	$	(0.16	)	$	0.31
	Diluted net income (loss) per common share calculation:
	Net income (loss)	$	(3,643	)	$	7,141
	Weighted average shares used to compute basic net income (loss) per share	23,443			22,937
	Effect of potentially dilutive securities:
	Employee stock options	—			731
	Employee stock awards	—			117
	Weighted average shares used to compute diluted net income (loss) per share	23,443			23,785
	Diluted net income (loss) per share	$	(0.16	)	$	0.3

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	During the three months ended March 31, 2014, the Company recorded income tax expense of $1.0 million which resulted in an effective tax rate of (39.5)%. During the three months ended March 31, 2013, the Company recorded income tax expense of $2.8 million which resulted in an effective tax rate of 28.1%. For the three months ended March 31, 2014, the Company's effective tax rate differed from the federal statutory rate primarily due to the $2.5 million of tax effects arising from the impairment loss of the toptable trademark as disclosed in Note 4. Excluding the tax effects of the impairment loss, the expected tax provision (derived from applying the federal statutory rate to the Company’s income before income tax provision for the three months ended March 31, 2014) did not significantly differ from the Company’s recorded income tax provision. The Company’s effective tax rate for the three months ended March 31, 2014 is not necessarily indicative of the effective tax rate that may be expected for fiscal year 2014.
	8. Income Taxes (Continued)
	ASC Topic 740—Income Taxes prescribes that a tax position is required to meet a minimum recognition threshold before being recognized in the financial statements. The Company’s gross unrecognized tax benefits were $17.1 million as of March 31, 2014 and December 31, 2013. As of March 31, 2014 and December 31, 2013, the Company recorded $0.8 million and $0.7 million, respectively, of accrued interest. No significant penalties have been recorded to date

Comprehensive_Income_Loss

Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Comprehensive Income (Loss)	'
	Comprehensive Income (Loss)
	In accordance with Topic 220—Comprehensive Income, the Company reports by major components and, as a single total, the change in its net assets during the period from non-owner sources. Comprehensive income (loss) consists of net income (loss) and accumulated other comprehensive income (loss), which includes certain changes in equity that are excluded from net income (loss). Specifically, it includes cumulative foreign currency translation and unrealized gains (losses) from investments.
	Accumulated other comprehensive income of $1.3 million and $1.1 million as of March 31, 2014 and December 31, 2013, respectively, was comprised entirely of foreign currency translation gains.

Segment_Information

Segment Information	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Segment Information	'
	Segment Information
	The Company operates in one industry—online restaurant reservations and guest management solutions. The Company has two reportable segments: North America and International, as defined by Topic 280 — Segment Reporting. Reportable segments have been identified based on how management makes operating decisions, assesses performance and allocates resources. The chief executive officer acts as the chief operating decision maker on behalf of both segments. The Company does not allocate assets discretely by reportable segments, and reviews asset information on a global basis, not by segment.
	Summarized financial information concerning the reportable segments is as follows (in thousands):
		North America			International			Total
		Segment(1)			Segment			Consolidated
	Three Months Ended March 31, 2014
	Revenues—reservations	$	28,723		$	5,542		$	34,265
	Revenues—subscription	14,484			2,096			16,580
	Revenues—other	2,764			170			2,934
	Income (loss) from operations	11,784			(14,395		)	(2,611		)
	Interest income	19			—			19
	Interest expense	(26		)	—			(26		)
	Depreciation and amortization expense	4,761			757			5,518
	Impairment of acquired intangibles	—			12,648			12,648
	Purchases of property, equipment and software	4,759			366			5,125
	Three Months Ended March 31, 2013
	Revenues—reservations	$	23,492		$	3,565		$	27,057
	Revenues—subscription	12,890			1,792			14,682
	Revenues—other	3,063			699			3,762
	Income (loss) from operations	12,976			(3,059		)	9,917
	Interest income	19			—			19
	Depreciation and amortization expense	2,549			993			3,542
	Purchases of property, equipment and software	4,299			362			4,661
	(1)                                 There are no internal revenue transactions between the Company’s reporting segments.
	10. Segment Information (Continued)
	Geographical Information
	The Company is domiciled in the United States and has international operations in Canada, Germany, India, Japan, Mexico and the United Kingdom. Information regarding the Company’s operations by geographic area is presented below (in thousands):
		Three Months Ended March 31,
		2014			2013
	Revenues:
	United States	$	43,357		$	37,044
	United Kingdom	6,104			4,655
	International—all others	4,318			3,802
		$	53,779		$	45,501
		As of March 31, 2014			As of December 31, 2013
	Long-lived assets(1):
	United States	$	28,409		$	26,891
	United Kingdom	2,747			3,167
	International—all others	1,430			1,371
	Total long-lived assets	$	32,586		$	31,429
	(1)                                 Includes all non-current assets except deferred tax assets, goodwill and intangible assets.
	The Company had no customers that individually, or in the aggregate, exceeded 10% of revenues or accounts receivable as of and for any of the periods presented above.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Principles of Consolidation	'
	Principles of Consolidation
	These condensed consolidated financial statements include the accounts of OpenTable, Inc. and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
Basis of Presentation	'
	Basis of Presentation
	The accompanying condensed consolidated financial statements are unaudited. These unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“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 consolidated financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Accordingly, these interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, as filed on February 21, 2014 with the SEC. The condensed consolidated balance sheet as of December 31, 2013, included herein was derived from the audited consolidated financial statements as of that date but does not include all disclosures required by GAAP, including notes to the consolidated financial statements.
	The unaudited interim condensed consolidated financial statements have been prepared on the same basis as the audited consolidated financial statements and include all adjustments (consisting only of normal recurring adjustments) necessary for the fair presentation of the Company’s statement of financial position at March 31, 2014 and December 31, 2013, and its results of operations for the three months ended March 31, 2014 and 2013, and its cash flows for the three months ended March 31, 2014 and 2013. The results for the three months ended March 31, 2014 are not necessarily indicative of the results to be expected for any future period. All references to March 31, 2014 or to the three months ended March 31, 2014 and 2013 in the notes to the condensed consolidated financial statements are unaudited.
Use of Estimates	'
	Use of Estimates
	The preparation of the Company’s financial statements in conformity with GAAP 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 financial statements and the reported amounts of income and expenses during the reporting period. These estimates are based on information available as of the date of the financial statements; therefore, actual results could differ from those estimates.
Recently Issued Accounting Standards	'
	Recently Issued Accounting Standards
	As of March 31, 2014, the Company believes that there are no recently issued accounting pronouncements not yet effective that will have an impact on the Company’s condensed consolidated financial statements.

ShortTerm_Investments_and_Fair1

Short-Term Investments and Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2014
Short-term Investments [Abstract]	'
Short-Term Investments and Fair Value Measurements	'
	Short-term investments are summarized as follows (in thousands):
		Amortized		Unrealized		Unrealized		Estimated Fair
		Cost		Gains		Losses		Market Value
	At March 31, 2014:
	U.S. government and agency securities	$	11,222	$	—	$	—	$	11,222
	Certificates of deposit	2,904		—		—		2,904
	Total	$	14,126	$	—	$	—	$	14,126
		Amortized		Unrealized		Unrealized		Estimated Fair
		Cost		Gains		Losses		Market Value
	At December 31, 2013:
	U.S. government and agency securities	$	11,145	$	—	$	—	$	11,145
	Certificates of deposit	3,118		—		—		3,118
	Total	$	14,263	$	—	$	—	$	14,263

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Summary of changes in goodwill by geographical reporting unit	'
	The following table summarizes the changes in the Company’s goodwill by geographical reporting unit (in thousands):
		North America		International			Consolidated
	Balance at December 31, 2013	$	38,991	$	40,280		$	79,271
	Goodwill related to acquisitions	1,205		—			1,205
	Foreign exchange rate adjustment	—		369			369
	Balance at March 31, 2014	$	40,196	$	40,649		$	80,845
Summary of intangible assets	'
	A summary of intangible assets as of March 31, 2014 and December 31, 2013 is as follows (in thousands):
		March 31,										December 31,
		2014										2013
		Gross		Accumulated			Accumulated			Total		Gross		Accumulated			Total
		Carrying		Amortization			Impairment					Carrying		Amortization
		Value					Loss					Value
	Trademarks	$	12,788	$	(119	)	$	(12,648	)	$	21	$	12,672	$	(106	)	$	12,566
	Customer relationships	12,147		(9,434		)	—			2,713		12,076		(9,140		)	2,936
	Developed technology	21,201		(6,397		)	—			14,804		12,690		(4,816		)	7,874
	Total intangible assets	$	46,136	$	(15,950	)	$	(12,648	)	$	17,538	$	37,438	$	(14,062	)	$	23,376

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2014
Stockholders' Equity Note [Abstract]	'
Summary of the valuation assumptions relating to the Company's stock options	'
	The following table summarizes the assumptions relating to the Company’s stock options for the three months ended March 31, 2014 and 2013, respectively:
		Three Months Ended March 31,
		2014	2013
	Dividend yield	0%	0%
	Volatility	41.9% - 45.0%	54.00%
	Risk-free interest rate	1.51% - 2.10%	1.03%
	Expected term, in years	5.00 - 6.08	6.08

Net_Income_Per_Share_Tables

Net Income Per Share (Tables)	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Schedule of computation of basic and diluted net income per share	'
	The following table sets forth the computation of basic and diluted net income per share for the periods indicated (in thousands, except per share amounts):
		Three Months Ended
		March 31,
		2014			2013
	Basic net income (loss) per common share calculation:
	Net income (loss)	$	(3,643	)	$	7,141
	Basic weighted average common shares outstanding	23,443			22,937
	Basic net income (loss) per share	$	(0.16	)	$	0.31
	Diluted net income (loss) per common share calculation:
	Net income (loss)	$	(3,643	)	$	7,141
	Weighted average shares used to compute basic net income (loss) per share	23,443			22,937
	Effect of potentially dilutive securities:
	Employee stock options	—			731
	Employee stock awards	—			117
	Weighted average shares used to compute diluted net income (loss) per share	23,443			23,785
	Diluted net income (loss) per share	$	(0.16	)	$	0.3

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Summary of financial information concerning the reportable segments	'
	Summarized financial information concerning the reportable segments is as follows (in thousands):
		North America			International			Total
		Segment(1)			Segment			Consolidated
	Three Months Ended March 31, 2014
	Revenues—reservations	$	28,723		$	5,542		$	34,265
	Revenues—subscription	14,484			2,096			16,580
	Revenues—other	2,764			170			2,934
	Income (loss) from operations	11,784			(14,395		)	(2,611		)
	Interest income	19			—			19
	Interest expense	(26		)	—			(26		)
	Depreciation and amortization expense	4,761			757			5,518
	Impairment of acquired intangibles	—			12,648			12,648
	Purchases of property, equipment and software	4,759			366			5,125
	Three Months Ended March 31, 2013
	Revenues—reservations	$	23,492		$	3,565		$	27,057
	Revenues—subscription	12,890			1,792			14,682
	Revenues—other	3,063			699			3,762
	Income (loss) from operations	12,976			(3,059		)	9,917
	Interest income	19			—			19
	Depreciation and amortization expense	2,549			993			3,542
	Purchases of property, equipment and software	4,299			362			4,661
	(1)                                 There are no internal revenue transactions between the Company’s reporting segments.
Schedule of information regarding operations by geographic area	'
	Information regarding the Company’s operations by geographic area is presented below (in thousands):
		Three Months Ended March 31,
		2014			2013
	Revenues:
	United States	$	43,357		$	37,044
	United Kingdom	6,104			4,655
	International—all others	4,318			3,802
		$	53,779		$	45,501
		As of March 31, 2014			As of December 31, 2013
	Long-lived assets(1):
	United States	$	28,409		$	26,891
	United Kingdom	2,747			3,167
	International—all others	1,430			1,371
	Total long-lived assets	$	32,586		$	31,429
	(1)                                 Includes all non-current assets except deferred tax assets, goodwill and intangible assets.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies Acquisition (Details) (USD $)	3 Months Ended			0 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Feb. 28, 2014	Feb. 28, 2014
				Ness Computing, Inc.	Ness Computing, Inc.
					Developed technology
Acquisition	'	'	'	'	'
Cash paid	'	'	'	$17,200,000	'
Acquisition price net of cash received	11,322,000	9,923,000	'	11,300,000	'
Goodwill	80,845,000	'	79,271,000	1,200,000	'
Intangible assets	'	'	'	'	$8,500,000
Amortization period	'	'	'	'3 years	'

ShortTerm_Investments_and_Fair2

Short-Term Investments and Fair Value Measurements (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Dec. 31, 2013
			Minimum	U.S. government and agency securities	U.S. government and agency securities	Certificates of deposit	Certificates of deposit
Short-term investments	'	'	'	'	'	'	'
Amortized Cost	$14,126,000	$14,263,000	'	$11,222,000	$11,145,000	$2,904,000	$3,118,000
Unrealized Gains	0	0	'	0	0	0	0
Unrealized Losses	0	0	'	0	0	0	0
Estimated Fair Market Value	14,126,000	14,263,000	'	11,222,000	11,145,000	2,904,000	3,118,000
Maturity period for investments	'	'	'1 year	'	'	'	'
Total estimated fair value with maturity greater than one year but less than five years	$0	$0	'	'	'	'	'

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets (Details) (USD $)	3 Months Ended
	Mar. 31, 2014
Goodwill	'
Balance at the beginning of the period	$79,271,000
Goodwill related to acquisitions	1,205,000
Foreign exchange rate adjustment	369,000
Balance at the end of the period	80,845,000
North America	'
Goodwill	'
Balance at the beginning of the period	38,991,000
Goodwill related to acquisitions	1,205,000
Foreign exchange rate adjustment	0
Balance at the end of the period	40,196,000
International	'
Goodwill	'
Balance at the beginning of the period	40,280,000
Goodwill related to acquisitions	0
Foreign exchange rate adjustment	369,000
Balance at the end of the period	$40,649,000

Goodwill_and_Intangible_Assets3

Goodwill and Intangible Assets Goodwill and Intangible Assets (Details 2) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Finite Lived and Indefinite Lived Intangible Assets [Line Items]	'	'
Finite-lived and indefinite-lived intangible assets, Gross Carrying Value	$46,136	$37,438
Finite-lived intangible assets, Accumulated Amortization	-15,950	-14,062
Intangible assets, Accumulated Impairment Loss	-12,648	'
Finite-lived and indefinite-lived intangible assets, Total	17,538	23,376
Trademarks	'	'
Finite Lived and Indefinite Lived Intangible Assets [Line Items]	'	'
Finite-lived and indefinite-lived intangible assets, Gross Carrying Value	12,788	12,672
Finite-lived intangible assets, Accumulated Amortization	-119	-106
Intangible assets, Accumulated Impairment Loss	-12,648	'
Finite-lived and indefinite-lived intangible assets, Total	21	12,566
Customer relationships	'	'
Finite Lived and Indefinite Lived Intangible Assets [Line Items]	'	'
Finite-lived intangible assets, Gross Carrying Value	12,147	12,076
Finite-lived intangible assets, Accumulated Amortization	-9,434	-9,140
Intangible assets, Accumulated Impairment Loss	0	'
Finite-Lived Intangible Assets, Net	2,713	2,936
Developed technology	'	'
Finite Lived and Indefinite Lived Intangible Assets [Line Items]	'	'
Finite-lived intangible assets, Gross Carrying Value	21,201	12,690
Finite-lived intangible assets, Accumulated Amortization	-6,397	-4,816
Intangible assets, Accumulated Impairment Loss	0	'
Finite-Lived Intangible Assets, Net	$14,804	$7,874

Goodwill_and_Intangible_Assets4

Goodwill and Intangible Assets (Details 3) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Finite Lived and Indefinite Lived Intangible Assets [Line Items]	'	'	'
Amortization of intangible assets	$1,799,000	$946,000	'
Estimated future annual amortization expense	'	'	'
2014 (remainder)	6,700,000	'	'
2015	6,000,000	'	'
2016	3,400,000	'	'
2017	1,100,000	'	'
2018	400,000	'	'
Impairment of acquired intangibles	12,648,000	0	0
Impairment of goodwill	0	'	0
Minimum	'	'	'
Finite Lived and Indefinite Lived Intangible Assets [Line Items]	'	'	'
Estimated useful lives	'1 year	'	'
Maximum	'	'	'
Finite Lived and Indefinite Lived Intangible Assets [Line Items]	'	'	'
Estimated useful lives	'4 years	'	'
Trademarks	'	'	'
Estimated future annual amortization expense	'	'	'
Impairment of acquired intangibles	$12,648,000	'	'

Stockholders_Equity_Treasury_S

Stockholders' Equity Treasury Stock (Details) (August 2012 program, USD $)	1 Months Ended	3 Months Ended
	Aug. 31, 2012	Mar. 31, 2014	Mar. 31, 2013
August 2012 program	'	'	'
Treasury Stock	'	'	'
Share repurchase program amount authorized	$50,000,000	'	'
Shares of common stock repurchased	'	0	137,500
Shares of common stock repurchased, amount	'	'	$8,300,000

Stockholders_Equity_Assumption

Stockholders' Equity Assumptions (Details) (Stock options)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Dividend yield	0.00%	0.00%
Risk-free interest rate, minimum	1.51%	1.03%
Risk-free interest rate, maximum	2.10%	1.03%
Minimum	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Volatility	41.90%	54.00%
Expected term, in years	'5 years	'6 years 1 month 0 days
Maximum	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Volatility	45.00%	54.00%
Expected term, in years	'6 years 1 month 0 days	'6 years 1 month 0 days

Stockholders_Equity_StockBased

Stockholders' Equity Stock-Based Compensation (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Stockholders Equity	'	'
Excess tax benefits from stock-based compensation, recorded	$1,414,000	$700,000
Stock options	'	'
Stockholders Equity	'	'
Granted (in shares)	69,486	31,518
Stock-based compensation expense recognized	2,800,000	4,200,000
Restricted stock units (RSU)	'	'
Stockholders Equity	'	'
Granted (in shares)	207,108	97,254
Stock-based compensation expense recognized	$1,500,000	$400,000
Restricted stock units (RSU) | Minimum	'	'
Stockholders Equity	'	'
Vesting period	'1 year	'
Restricted stock units (RSU) | Maximum	'	'
Stockholders Equity	'	'
Vesting period	'4 years	'

Net_Income_Per_Share_Details

Net Income Per Share (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'
Shares excluded from dilutive shares outstanding	0	97,600
Antidilutive shares excluded from dilutive shares outstanding	2,339,000	281,000
Basic net income per common share calculation:	'	'
Net income (loss)	($3,643)	$7,141
Basic weighted average common shares outstanding (in shares)	23,443,000	22,937,000
Basic net income per share (in dollars per share)	($0.16)	$0.31
Diluted net income per common share calculation:	'	'
Net income (loss)	($3,643)	$7,141
Weighted average shares used to compute basic net income per share (in shares)	23,443,000	22,937,000
Effect of potentially dilutive securities:	'	'
Employee stock options (in shares)	0	731,000
Employee stock awards (in shares)	0	117,000
Weighted average shares used to compute diluted net income per share (in shares)	23,443,000	23,785,000
Diluted net income per share (in dollars per share)	($0.16)	$0.30

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'	'	'
Income tax expense	$1,032,000	$2,789,000	'
Effective income tax rate	-39.50%	28.10%	'
Change in effective tax rate due to impairment loss	2,500,000	'	'
Unrecognized tax benefits	17,100,000	'	17,100,000
Accrued interest on income taxes	$800,000	'	$700,000

Comprehensive_Income_Loss_Deta

Comprehensive Income (Loss) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accumulated Other Comprehensive Income	'	'
Accumulated other comprehensive income	$1,333	$1,095
Foreign currency translation gains	$1,333	$1,095

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended				12 Months Ended
	Mar. 31, 2014		Mar. 31, 2013		Dec. 31, 2013
	segment
	industry
Segment Reporting [Abstract]	'		'		'
Industries in which entity operates, number	1		'		'
Number of reportable segments	2		'		'
Summarized financial information concerning the reportable segments	'		'		'
Revenues - reservations	$34,265,000		$27,057,000		'
Revenues - subscription	16,580,000		14,682,000		'
Revenues - other	2,934,000		3,762,000		'
Income (loss) from operations	-2,611,000		9,917,000		'
Interest income	19,000		19,000		'
Interest expense	-26,000		'		'
Depreciation and amortization expense	5,518,000		3,542,000		'
Impairment of acquired intangibles	12,648,000		0		0
Purchases of property, equipment and software	5,125,000		4,661,000		'
Internal revenue from transactions between reporting segments of entity	0		'		'
North America	'		'		'
Summarized financial information concerning the reportable segments	'		'		'
Revenues - reservations	28,723,000	[1]	23,492,000	[1]	'
Revenues - subscription	14,484,000	[1]	12,890,000	[1]	'
Revenues - other	2,764,000	[1]	3,063,000	[1]	'
Income (loss) from operations	11,784,000	[1]	12,976,000	[1]	'
Interest income	19,000	[1]	19,000	[1]	'
Interest expense	-26,000	[1]	'		'
Depreciation and amortization expense	4,761,000	[1]	2,549,000	[1]	'
Impairment of acquired intangibles	0	[1]	'		'
Purchases of property, equipment and software	4,759,000	[1]	4,299,000	[1]	'
International	'		'		'
Summarized financial information concerning the reportable segments	'		'		'
Revenues - reservations	5,542,000		3,565,000		'
Revenues - subscription	2,096,000		1,792,000		'
Revenues - other	170,000		699,000		'
Income (loss) from operations	-14,395,000		-3,059,000		'
Interest income	0		0		'
Interest expense	0		'		'
Depreciation and amortization expense	757,000		993,000		'
Impairment of acquired intangibles	12,648,000		'		'
Purchases of property, equipment and software	$366,000		$362,000		'
[1]	There are no internal revenue transactions between the Company’s reporting segments.

Segment_Information_Details_2

Segment Information (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013	Dec. 31, 2013
Information regarding operations by geographic area	'		'	'
Revenues:	$53,779		$45,501	'
Long-lived assets:	32,586	[1]	'	31,429	[1]
United States	'		'	'
Information regarding operations by geographic area	'		'	'
Revenues:	43,357		37,044	'
Long-lived assets:	28,409	[1]	'	26,891	[1]
International	'		'	'
Information regarding operations by geographic area	'		'	'
Revenues:	6,104		4,655	'
Long-lived assets:	2,747	[1]	'	3,167	[1]
International - all others	'		'	'
Information regarding operations by geographic area	'		'	'
Revenues:	4,318		3,802	'
Long-lived assets:	$1,430	[1]	'	$1,371	[1]
[1]	Includes all non-current assets except deferred tax assets, goodwill and intangible assets.

Segment_Information_Details_3

Segment Information (Details 3) (Customer)	Mar. 31, 2014	Dec. 31, 2013
	customer	customer
Revenues	'	'
Concentration of risk	'	'
Number of major customers	0	0
Accounts receivable	'	'
Concentration of risk	'	'
Number of major customers	0	0