RetailMeNot (SALE) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	SALE
Entity Registrant Name	RETAILMENOT, INC.
Entity Central Index Key	1,475,274
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		53,639,046

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 279,817	$ 244,482
Accounts receivable (net of allowance for doubtful accounts of $2,264 and $2,356 at June 30, 2015 and December 31, 2014, respectively)	38,337	69,603
Prepaid assets and other current assets, net	16,454	14,930
Total current assets	334,608	329,015
Property and equipment, net	20,428	16,949
Intangible assets, net	68,983	70,819
Goodwill	175,058	176,927
Other assets, net	8,659	5,394
Total assets	607,736	599,104
Current liabilities:
Accounts payable	5,924	5,482
Accrued compensation and benefits	7,608	12,138
Accrued expenses and other current liabilities	6,838	6,110
Income taxes payable	1,041	9,032
Current maturities of long term debt	10,000	10,000
Total current liabilities	31,411	42,762
Deferred tax liability-noncurrent	4,931	3,404
Long term debt	67,500	40,000
Other noncurrent liabilities	8,201	8,183
Total liabilities	$ 112,043	$ 94,349
Commitments and contingencies
Stockholders' equity:
Preferred stock: $0.001 par value, 10,000,000 shares authorized; zero shares issued and outstanding as of June 30, 2015 and December 31, 2014
Additional paid-in capital	$ 507,836	$ 517,421
Accumulated other comprehensive loss	(3,887)	(1,942)
Accumulated deficit	(8,310)	(10,778)
Total stockholders' equity	495,693	504,755
Total liabilities and stockholders' equity	607,736	599,104
Series 1 Common Stock [Member]
Stockholders' equity:
Common Stock, Value	54	54
Series 2 Common Stock [Member]
Stockholders' equity:
Common Stock, Value	$ 0	$ 0

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Allowance for doubtful accounts	$ 2,264	$ 2,356
Preferred stock, Par value	$ 0.001	$ 0.001
Preferred stock, Authorized	10,000,000	10,000,000
Preferred stock, Issued	0	0
Preferred stock, Outstanding	0	0
Common stock, Par value	$ 0.001
Series 1 Common Stock [Member]
Common stock, Par value	$ 0.001	$ 0.001
Common stock, Shares authorized	150,000,000	150,000,000
Common stock, Shares issued	53,614,712	54,253,452
Common stock, Shares outstanding	53,614,712	54,253,452
Series 2 Common Stock [Member]
Common stock, Par value	$ 0.001	$ 0.001
Common stock, Shares authorized	6,107,494	6,107,494
Common stock, Shares issued	0	0
Common stock, Shares outstanding	0	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net revenues	$ 53,180	$ 59,506	$ 113,564	$ 120,776
Costs and expenses:
Cost of net revenues	5,176	4,648	10,522	9,078
Product development	13,072	12,980	26,392	23,686
Sales and marketing	22,636	19,195	44,277	40,367
General and administrative	9,712	10,291	19,282	19,638
Amortization of purchased intangible assets	2,739	3,194	5,365	6,637
Other operating expenses	763	1,112	1,528	2,460
Total cost and expenses	54,098	51,420	107,366	101,866
Income (loss) from operations	(918)	8,086	6,198	18,910
Other income (expense):
Interest expense, net	(492)	(494)	(913)	(1,025)
Other expense, net	(154)	(328)	(397)	(300)
Income (loss) before income taxes	(1,564)	7,264	4,888	17,585
Provision for income taxes	(27)	(2,938)	(2,420)	(7,184)
Net income (loss)	$ (1,591)	$ 4,326	$ 2,468	$ 10,401
Net income (loss) per share:
Basic	$ (0.03)	$ 0.08	$ 0.05	$ 0.19
Diluted	$ (0.03)	$ 0.08	$ 0.04	$ 0.19
Weighted average number of common shares used in computing net income (loss) per share:
Basic	53,482	53,791	53,754	53,472
Diluted	53,482	55,377	54,891	55,455

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (1,591)	$ 4,326	$ 2,468	$ 10,401
Other comprehensive income, net of tax:
Foreign currency translation adjustments	986	(18)	(1,945)	462
Comprehensive income (loss)	$ (605)	$ 4,308	$ 523	$ 10,863

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income	$ 2,468	$ 10,401
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	8,179	8,290
Stock-based compensation expense	13,357	11,380
Deferred income tax expense (benefit)	282	(1,788)
Excess income tax benefit from stock-based compensation and other	(1,307)	(10,523)
Non-cash interest expense	203	193
Amortization of deferred compensation	1,536	2,459
Other non-cash losses, net	1,152	363
Provision for doubtful accounts receivable	(287)	822
Changes in operating assets and liabilities:
Accounts receivable, net	30,961	16,787
Prepaid expenses and other current assets, net	(1,730)	(1,307)
Accounts payable	1,156	(1,966)
Accrued expenses and other current liabilities	(12,161)	951
Other noncurrent assets and liabilities	832	405
Net cash provided by operating activities	44,641	36,467
Cash flows from investing activities:
Payments for acquisitions of businesses, net of cash acquired		(75)
Purchase of property and equipment	(6,323)	(3,459)
Purchase of other assets	(4,302)	(101)
Purchase of non-marketable investment	(4,000)
Proceeds from sale of property and equipment	5
Net cash used in investing activities	(14,620)	(3,635)
Cash flows from financing activities:
Proceeds from notes payable, net of issuance costs	29,950
Payments on notes payable	(2,500)	(5,250)
Proceeds from issuance of common stock, net of shares withheld for taxes	4,466	9,797
Excess income tax benefit from stock-based compensation and other	1,307	10,523
Payments of offering costs for follow-on offering		(61)
Payments for repurchase of common stock	(27,192)	(6)
Payments of principal on capital lease arrangements	(7)	(6)
Net cash provided by financing activities	6,024	14,997
Effect of foreign currency exchange rate on cash	(710)	195
Change in cash and cash equivalents	35,335	48,024
Cash and cash equivalents, beginning of period	244,482	165,881
Cash and cash equivalents, end of period	279,817	213,905
Supplemental disclosure of cash flow information
Interest payments	591	1,039
Income tax payments	$ 11,975	$ 6,059

Description of Business

Description of Business	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	1. Description of Business We operate the world’s largest marketplace for digital offers, including the largest digital offer marketplace in the U.S., RetailMeNot.com, and in the U.K., VoucherCodes.co.uk, and the largest portfolio of digital offer websites in France, Bons-de-Reduction.com, Poulpeo.com and Ma-Reduc.com, connecting consumers with leading retailers and brands. Our websites, mobile applications, email newsletters and alerts and social media presence enable consumers to search for, discover and redeem relevant digital offers from retailers and brands. Our marketplace features digital offers across multiple product categories, including clothing and shoes; electronics; health and beauty; home and office; travel, food and entertainment; and personal and business services. We believe our investments in digital offer content quality, product innovation and direct retailer relationships allow us to offer a compelling experience to consumers looking to save money, whether online or in-store.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation and Principles of Consolidation As used in this report, the terms “we,” “the Company,” “us” or “our” refer to RetailMeNot, Inc. and its wholly-owned subsidiaries. The condensed consolidated financial statements include the accounts of the Company and have been prepared in accordance with accounting principles generally accepted in the United States of America, or GAAP, and Securities and Exchange Commission, or SEC, requirements for interim financial statements. All significant intercompany transactions and balances have been eliminated. The accompanying interim unaudited condensed consolidated financial statements have been prepared on the same basis as the audited consolidated financial statements and include all adjustments necessary for a fair presentation. Certain information and disclosures normally included in the notes to the annual consolidated financial statements prepared in accordance with GAAP have been omitted from these interim condensed consolidated financial statements pursuant to the rules and regulations of the SEC. Accordingly, these unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the accompanying notes for the fiscal year ended December 31, 2014, which are included in our Annual Report on Form 10-K for the year ended December 31, 2014. The results of operations for the three and six months ended June 30, 2015 are not necessarily indicative of the results to be expected for the year ending December 31, 2015 or for any other period. Significant Estimates and Judgments The preparation of our consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of net revenues and expenses during the reporting periods. These estimates and assumptions could have a material effect on our future results of operations and financial position. Significant items subject to our estimates and assumptions include stock-based compensation, income taxes, valuation of acquired goodwill and intangible assets, allowance for doubtful accounts, revenue returns reserve, unrecognized tax benefits, acquisition-related contingent liabilities and the useful lives of property and equipment and intangible assets. As a result, actual amounts could differ from those presented herein. Business Segment We have one operating and reporting segment consisting of various products and services that are all related to our marketplace for digital offers. Our chief operating decision maker is our Chief Executive Officer. Our Chief Executive Officer allocates resources and assesses performance of the business and other activities at a single reporting segment level. Cash and Cash Equivalents All highly-liquid investments with an original maturity of three months or less at the date of purchase are considered to be cash equivalents. Accounts Receivable, Net Accounts receivable, net represent amounts due from retailers, primarily through various performance marketing networks, for commissions earned on consumer purchases and amounts due for premium placement advertising. We record an allowance for doubtful accounts in an amount equal to the estimated probable losses net of recoveries, which are based on an analysis of historical bad debt, current receivables aging and expected future write-offs of uncollectible accounts, as well as an assessment of specific identifiable accounts considered at risk or uncollectible. Accounts receivable are written off against the allowance for doubtful accounts when it is determined that the receivable is uncollectible. Property and Equipment, Net Property and equipment, net includes assets such as furniture and fixtures, leasehold improvements, computer hardware, office and telephone equipment and certain capitalized internally developed software and website development costs. We record property and equipment at cost less accumulated depreciation and amortization, using the straight-line method. Ordinary maintenance and repairs are charged to expense, while expenditures that extend the physical or economic life of the assets are capitalized. Property and equipment are depreciated over their estimated economic lives, which range from three to five years, using the straight-line method. Leasehold improvements are amortized over the shorter of the estimated useful lives of the improvements or the lease term. Capitalized internally developed software and website development costs are depreciated over their estimated useful lives, which range from two to three years. We perform reviews for the impairment of property and equipment when management believes events or circumstances indicate the carrying amount of an asset may not be recoverable. Goodwill and Other Intangible Assets Goodwill arises from business combinations and is measured as the excess of the cost of the business acquired over the sum of the acquisition-date fair values of tangible and identifiable intangible assets acquired, less any liabilities assumed. We evaluate goodwill for impairment annually on October 1, during the fourth quarter of each year, or more frequently when an event occurs or circumstances change that indicates the carrying value may not be recoverable. Events or circumstances that could trigger an impairment test include, but are not limited to, a significant adverse change in the business climate or in legal factors, an adverse action or assessment by a regulator, a loss of key personnel, significant changes in our use of the acquired assets or the strategy for our overall business, significant negative industry or economic trends, significant underperformance relative to operating performance indicators and significant changes in competition. We evaluate the recoverability of goodwill using a two-step impairment process tested at our sole reporting segment level. In the first step, the fair value for our reporting unit is compared to our book value including goodwill. If the fair value is less than the book value, a second step is performed that compares the implied fair value of goodwill to the book value of the goodwill. The fair value for the implied goodwill is determined based on the difference between the fair value of the sole reporting segment and the net fair value of the identifiable assets and liabilities excluding goodwill. If the implied fair value of the goodwill is less than the book value, the difference is recognized as an impairment charge in the consolidated statements of operations. We did not record any goodwill impairment charges during the three and six months ended June 30, 2015 and 2014. Identifiable intangible assets consist of acquired customer intangible assets, marketing-related intangible assets, contract-based intangible assets, and technology-based intangible assets. Intangible assets with definite lives are amortized over their estimated useful lives on a straight-line or accelerated basis. See Note 3, “Goodwill and Other Intangible Assets”. The method of amortization applied represents our best estimate of the distribution of the economic value of the identifiable intangible assets. The factors we consider in determining the useful lives of identifiable intangible assets included the extent to which expected future cash flows would be affected by our intent and ability to retain use of these assets, including the period of time that would capture 90% or more of the assets value on a perpetuity basis. Intangible assets are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of intangible assets may not be recoverable. Conditions that would necessitate an impairment assessment include a significant decline in the observable market value of an asset, a significant change in the extent or manner in which an asset is used, or any other significant adverse change that would indicate that the carrying amount of an asset or group of assets may not be recoverable. When such events occur, we compare the carrying amounts of the assets to their undiscounted cash flows. If this comparison indicates that there is impairment, the amount of the impairment is calculated as the difference between the carrying value and the fair value. Revenue Recognition We recognize revenue when persuasive evidence of an arrangement exists, services have been rendered, the fee to the paid retailer, defined as a retailer with which we have a contract, is fixed or determinable and collectability of the resulting receivable is reasonably assured. For commission revenues, which represent the substantial majority of our net revenues, revenue recognition generally occurs when a consumer, having visited one of our websites and clicked on a digital offer for a paid retailer makes a purchase with such paid retailer, and completion of the order is reported to us by such paid retailer, either directly or through a performance marketing network. The reporting by the paid retailer includes the amount of commissions the paid retailer has calculated as owing to us. Certain paid retailers do not provide reporting until a commission payment is made. In those cases, which have historically not been significant, we record commission revenues on a cash basis. For advertising revenues, revenue recognition occurs when we display a paid retailer’s advertisements on our websites or mobile applications. Multiple Element Arrangements VSOE TPE BESP If the facts and circumstances underlying the factors we considered change or should future facts and circumstances lead us to consider additional factors, both our determination of our relative selling price under the hierarchy and our BESPs could change in future periods. We estimate and record a reserve based upon actual, historical return rates as reported to us by paid retailers to provide for end-user cancelations or product returns, which may not be reported by the paid retailer or performance marketing network until a subsequent date. As such, we report commission revenues net of the estimated returns reserve. Net revenues are reported net of sales taxes, where applicable. Our payment arrangements with paid retailers are both direct and through performance marketing networks, which act as intermediaries between the paid retailers and us. No paid retailer individually accounted for more than 10% of net revenues or accounts receivable as of and for the three and six months ended June 30, 2015 and 2014. Cost of Net Revenues Cost of net revenues is composed of direct and indirect costs incurred to generate revenue. These costs consist of personnel costs of our salaried merchandising and technology support employees and fees paid to third-party contractors engaged in the operation and maintenance of our existing websites and mobile applications. Such technology costs also include website hosting and Internet service costs. Other costs include allocated facility and general information technology costs. Sales and Marketing Expense Our sales and marketing expense consists primarily of personnel costs for our sales, marketing, search engine optimization, search engine marketing and business analytics employees, as well as online, brand and other marketing expenses. Our online, brand and other marketing costs include search engine fees, advertising on social networks, television and radio advertising, promotions, display advertisements, creative development fees, public relations, email campaigns, trade shows and other general marketing costs. Other costs include allocated facility and general information technology costs. Product Development Our product development expense consists primarily of personnel costs of our product management and software engineering teams, as well as fees paid to third-party contractors and consultants engaged in the design, development, testing and improvement of the functionality, offer content and user experience of our websites and mobile applications. General and Administrative Expense Our general and administrative expense represents personnel costs for employees involved in general corporate functions, including finance, accounting, legal and human resources, among others. Additional costs included in general and administrative expense include professional fees for legal, audit and other consulting services, the provision for doubtful accounts receivable, travel and entertainment, charitable contributions, recruiting, allocated facility and general information technology costs and other general corporate overhead expenses. Stock-Based Compensation Expense Stock-based compensation expense is measured at the grant date based on the estimated fair value of the award, net of estimated forfeitures. We recognize these compensation costs on a straight-line basis over the requisite service period of the award. Forfeiture rates are estimated at grant date based on historical experience and adjusted in subsequent periods for differences in actual forfeitures from those estimates. We include stock-based compensation expense in cost of net revenues and operating expenses in our consolidated statements of operations, consistent with the respective employees’ cash compensation. We determine the fair value of stock options on the grant date using the Black-Scholes-Merton valuation model. Fair Value of Financial Instruments The carrying amounts of our financial instruments, including cash and cash equivalents, accounts receivable, accounts payable, accrued liabilities and notes payable, approximate fair value due to the instruments’ short-term maturities or, in the case of the long-term notes payable, based on the variable interest rate feature. We record derivative liabilities at fair value. Income Taxes The provision for income taxes is determined using the asset and liability method. Deferred tax assets and liabilities are calculated based upon the temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases using the enacted tax rates that are applicable in a given year. The deferred tax assets are recorded net of a valuation allowance when, based on the available supporting evidence, we believe it is more likely than not that some portion or all of the recorded deferred tax assets will not be realized in future periods. The Company may be subject to income tax audits by the respective tax authorities in any or all of the jurisdictions in which the Company operates or has operated within a relevant period, including the United States, the United Kingdom, France, Germany, and the Netherlands. Significant judgment is required in determining uncertain tax positions. We utilize a two-step approach to recognize and measure uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. We consider many factors when evaluating and estimating our tax positions and tax benefits, which may require periodic adjustments and which may not accurately forecast actual outcomes. We adjust these reserves in light of changing facts and circumstances, such as the closing of an audit or the refinement of an estimate. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. We include interest and penalties related to uncertain tax positions in the provision for income taxes on our consolidated statements of operations. Foreign Currency Our operations outside of the U.S. generally use the local currency as their functional currency. Assets and liabilities for these operations are translated at exchange rates in effect at the balance sheet date. Income and expense accounts are translated at average exchange rates for the period. Foreign currency translation adjustments are recorded in accumulated other comprehensive income (loss) in our consolidated statements of comprehensive income (loss). Gains and losses from foreign currency denominated transactions are recorded in other income (expense), net in our consolidated statements of operations. Non-Marketable Investments and Other-Than-Temporary Impairment During the second quarter of 2015, we invested $4.0 million in a non-controlling minority ownership stake in a privately-held marketing technology company in the United States. The minority interest is included at cost in other assets, net, on our consolidated balance sheets. We own less than 20% of the voting equity of the investee. We regularly evaluate the carrying value of our cost-method investment for impairment and whether any events or circumstances are identified that would significantly harm the fair value of the investment. The primary indicators we utilize to identify these events and circumstances are the investee’s ability to remain in business, such as the investee’s liquidity and rate of cash use, and the investee’s ability to secure additional funding and the value of that additional funding. In the event a decline in fair value is judged to be other-than-temporary, we will record an other-than-temporary impairment charge in other income, net in our consolidated statements of operations. As the inputs utilized for our periodic impairment assessment are not based on observable market data, potential impairment charges related to our cost-method investment would be classified within Level 3 of the fair value hierarchy. To determine the fair value of this investment, we use all available financial information related to the entity, including information based on recent or pending third-party equity investments in the entity. In certain instances, a cost-method investment’s fair value is not estimated as there are no identified events or changes in the circumstances that may have a significant adverse effect on the fair value of the investment and to do so would be impractical. Derivative Financial Instruments Our operations outside of the U.S. expose us to various market risks that may affect our consolidated results of operations, cash flows and financial position. These market risks include, but are not limited to, fluctuations in currency exchange rates. Our primary foreign currency exposures are in Euros and British Pound Sterling. As a result, we face exposure to adverse movements in currency exchange rates as the financial results of our operations are translated from local currency into U.S. dollars upon consolidation. We have entered into a derivative instrument to hedge certain exposures of non-functional currency denominated intercompany loans and may enter into further such instruments in the future. We have not elected to apply hedge accounting or hedge accounting does not apply. Gains and losses resulting from a change in fair value for these derivatives are reflected in the period in which the change occurs and are recorded in other income (expense), net in our consolidated statement of operations. During the three and six months ended June 30, 2015, we recorded a loss of $0.4 million and a gain of $0.6 million, respectively, related to our foreign exchange derivative instruments. The fair value of our outstanding foreign exchange derivative instrument as of both June 30, 2015 and December 31, 2014, the dates on which we entered into those respective instruments, was less than $0.1 million. The notional amount of our outstanding foreign exchange derivative instrument as of June 30, 2015 and December 31, 2014 was $6.3 million and $9.0 million, respectively. We did not enter into any foreign exchange derivative instruments during the three and six months ended June 30, 2014. We do not use financial instruments for trading or speculative purposes. Derivative instruments are recorded on the balance sheet at fair value and are short-term in duration. We are exposed to the risk that counterparties to derivative contracts may fail to meet their contractual obligations. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board, or FASB, issued new guidance that superseded previously existing revenue recognition requirements. The guidance provides a five-step process to recognize revenue that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration expected in exchange for those goods and services. The guidance requires disclosures enabling users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. Additionally, qualitative and quantitative disclosures are required about contracts with customers, significant judgments and changes in judgments, and assets recognized from the costs to obtain or fulfill a contract. On July 9, 2015, the FASB deferred the effective date by one year to December 15, 2017 for the first interim period within annual reporting periods beginning after that date, using either a full or modified retrospective application method. Early adoption of the standard is permitted, but not before the first interim period within annual reporting periods beginning after the original effective date of December 15, 2016. We are currently evaluating which of the two retrospective application methods we will use and the effect that the adoption of this guidance will have on our consolidated financial statements. In April 2015, the FASB issued new guidance that amends the balance sheet presentation of debt issuance costs. The guidance requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of the related debt liability instead of being presented as an asset. The guidance requires retrospective application and is effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. The guidance is not expected to have a material impact on our consolidated financial statements. In April 2015, the FASB issued new guidance clarifying whether a customer should account for a cloud computing arrangement as an acquisition of a software license or as a service arrangement by providing characteristics that a cloud computing arrangement must have in order to be accounted for as a software license acquisition. The guidance allows either retrospective or prospective application and is effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. The guidance is not expected to have a material impact on our consolidated financial statements.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	3. Goodwill and Other Intangible Assets Changes in our goodwill balance for the year ended December 31, 2014 and the six months ended June 30, 2015 are summarized in the table below (in thousands): Balance at December 31, 2013 $ 179,659 Acquired in business combinations 75 Foreign currency translation adjustment (2,807 ) Balance at December 31, 2014 176,927 Acquired in business combinations — Foreign currency translation adjustment (1,869 ) Balance at June 30, 2015 (unaudited) $ 175,058 Intangible assets consisted of the following as of June 30, 2015 and December 31, 2014 (dollars in thousands): Weighted- Average Amortization Period (Months) Estimated Useful Life (Months) June 30, 2015 (unaudited) Gross Accumulated Amortization Net Customer relationships 180 180 $ 16,094 $ (4,967 ) $ 11,127 Marketing-related 155 48-180 80,856 (25,532 ) 55,324 Contract-based 58 12-60 19,763 (17,231 ) 2,532 Technology-based 12 12 7,662 (7,662 ) — Total intangible assets $ 124,375 $ (55,392 ) $ 68,983 Weighted- Average Amortization Period (Months) Estimated Useful Life (Months) December 31, 2014 Gross Accumulated Amortization Net Customer relationships 180 180 $ 16,156 $ (4,439 ) $ 11,717 Marketing-related 160 48-180 77,379 (22,636 ) 54,743 Contract-based 58 12-60 19,808 (15,449 ) 4,359 Technology-based 12 12 7,773 (7,773 ) — Total intangible assets $ 121,116 $ (50,297 ) $ 70,819

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	4. Commitments and Contingencies Operating Leases We lease office space, including our corporate headquarters in Austin, Texas, under non-cancelable operating leases. Rent expense under these operating leases was $1.7 million and $1.2 million for the three months ended June 30, 2015 and 2014, respectively, and $3.0 million and $2.3 million for the six months ended June 30, 2015 and 2014, respectively. Legal Matters From time to time, we may be involved in litigation relating to claims arising in the ordinary course of business, including litigation related to claims of infringement of third party patents and other intellectual property. Management believes that there are no claims or actions pending or threatened against the Company, the ultimate disposition of which would have a material impact on our consolidated financial position, results of operations or cash flows.

Stockholders' Equity and Stock-

Stockholders' Equity and Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Stockholders' Equity and Stock-Based Compensation	5. Stockholders’ Equity and Stock-Based Compensation Common Stock Our certificate of incorporation authorizes shares of stock as follows: 150,000,000 shares of Series 1 common stock, 6,107,494 shares of Series 2 common stock and 10,000,000 shares of preferred stock. The common and preferred stock have a par value of $0.001 per share. As of June 30, 2015 and December 31, 2014, 53,614,712 and 54,253,452 shares of Series 1 common stock were outstanding, respectively. As of June 30, 2015 and December 31, 2014, zero shares of preferred stock and Series 2 common stock were outstanding. In March 2014, the holders of all 6,107,494 shares of Series 2 common stock outstanding converted such shares into 6,107,494 fully paid and nonassessable shares of Series 1 common stock. Following such conversion, no shares of Series 2 common stock remained outstanding. Each share of common stock is entitled to one vote at all meetings of stockholders, except each share of Series 2 common stock is not entitled to vote in connection with the election of the members of our board of directors. The number of authorized shares of common stock may be increased or decreased (but not below the number of shares thereof then outstanding) by the affirmative vote of the holders of shares of capital stock of the Company representing a majority of the votes represented by all outstanding shares of capital stock of the Company entitled to vote. The holders of common stock are also entitled to receive dividends, when, if and as declared by our board of directors, whenever funds are legally available therefore, subject to the priority rights of any outstanding preferred stock. Share Repurchase On February 5, 2015, our board of directors authorized the repurchase of up to $100 million worth of shares of our Series 1 common stock over a period of up to 24 months. During the six months ended June 30, 2015, we repurchased 1,545,017 shares of Series 1 common stock at an aggregate purchase price of $27.2 million. Stock-Based Compensation In July 2013, our board of directors and stockholders approved our 2013 Equity Incentive Plan (the “2013 Plan”) and our 2013 Employee Stock Purchase Plan (the “2013 Purchase Plan”). When the 2013 Plan took effect, all shares available for grant under our 2007 Stock Plan, as amended (the “2007 Plan”), were transferred into the share pool of the 2013 Plan. Subsequent to our initial public offering, we have not granted, and will not grant in the future, any additional awards under the 2007 Plan. However, the 2007 Plan will continue to govern the terms and conditions of all outstanding equity awards granted under the 2007 Plan. 2013 Equity Incentive Plan Under our 2013 Plan, the following awards types may be granted: stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares and units and other cash-based or stock-based awards. To date we have granted non-statutory stock options and restricted stock units. Restricted stock units represent rights to receive shares of our Series 1 common stock (or their value in cash) at a future date without payment of a purchase price. Holders of restricted stock units have no voting rights or rights to receive cash dividends unless and until shares of Series 1 common stock are issued in settlement of such awards. The compensation committee of our board of directors, or a committee appointed by the compensation committee, determines the term of the option, option price, number of shares for which each option and restricted stock unit is granted, whether restrictions will be imposed on the shares subject to the option or restricted stock unit, and the vesting period for each option and restricted stock unit. Awards granted under the 2013 Plan generally vest over four years. The term of each option is no more than ten years from grant date. 2007 Stock Plan Options granted under the 2007 Plan are either incentive stock options or nonstatutory stock options. Our board of directors determined the term of the option, option price, number of shares for which each option was granted, whether restrictions were imposed on the shares subject to the option, and the vesting period for each option. Generally, options become 25% vested after one year of service, with the remaining 75% vesting on a pro-rata basis over the remaining three years. The term of each option is ten years from grant date. Stock-based compensation expense for all employee share-based payment awards is based upon the grant date fair value. We recognize compensation costs, net of estimated forfeitures, on a straight-line basis over the requisite service period of the award. Forfeiture rates are estimated at grant date based on historical experience and adjusted in subsequent periods for differences in actual forfeitures from our previous estimates. We recorded stock-based compensation expense of $6.5 million and $6.4 million for the three months ended June 30, 2015 and 2014, respectively, and $13.4 million and $11.4 million for the six months ended June 30, 2015 and 2014, respectively. We include stock-based compensation expense in cost and expenses consistent with the classification of respective employees’ cash compensation in our consolidated statements of operations. Individuals exercised 658,488 and 1,219,159 stock options during the six months ended June 30, 2015 and 2014, respectively. The fair value of common stock options granted during the six months ended June 30, 2015 and 2014 was estimated on the grant date using the Black-Scholes-Merton option-pricing model. The weighted-average assumptions for stock options granted are outlined in the following table: Six Months Ended June 30, 2015 2014 (unaudited) Expected volatility 51.1 % 56.8 % Expected term (in years) 6.0 6.0 Risk-free rate of return 1.7 % 1.9 % Expected dividend yield — — Due to our short history as a public company, our expected volatility is based on the volatility of comparable publicly traded entities. The expected term represents the period of time the stock options are expected to be outstanding and is based on the “simplified method.” We used the “simplified method” due to the lack of sufficient historical exercise data to provide a reasonable basis upon which to otherwise estimate the expected life of the stock options. The risk-free interest rate assumptions we use are based on observed market interest rates appropriate for the term of our stock options.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	6. Earnings Per Share The rights of the holders of Series 1 and Series 2 common stock are identical, except with respect to voting. Each share of Series 1 and Series 2 common stock is entitled to one vote per share; however holders of Series 2 common stock are not entitled to vote in connection with the election of the members of our board of directors. Shares of Series 2 common stock may be converted into shares of Series 1 common stock at any time at the option of the stockholder. As of June 30, 2015 and 2014, no shares of Series 2 common stock were outstanding. The following table sets forth the computation of basic and diluted net income (loss) per share of common stock (in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (unaudited) Numerator Net income (loss) $ (1,591 ) $ 4,326 $ 2,468 $ 10,401 Denominator Weighted average common shares outstanding - basic 53,482 53,791 53,754 53,472 Dilutive effect of stock options, restricted stock units, and Employee Stock Purchase Plan shares — 1,586 1,137 1,983 Weighted average common shares outstanding - diluted 53,482 55,377 54,891 55,455 Net income (loss) per share: Basic $ (0.03 ) $ 0.08 $ 0.05 $ 0.19 Diluted $ (0.03 ) $ 0.08 $ 0.04 $ 0.19 The following common equivalent shares were excluded from the diluted net income (loss) per share calculation, as their inclusion would have been anti-dilutive (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Stock options 1,622 1,349 2,964 1,173 Restricted stock units 2,295 654 680 438 Employee Stock Purchase Plan shares 403 29 — 2 Total 4,320 2,032 3,644 1,613

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	7. Fair Value Measurements Fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. GAAP set forth a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The three tiers are Level 1, defined as observable inputs such as quoted prices in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop our own assumptions. Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands): Fair Value Measurements at June 30, 2015 (unaudited) Level 1 Level 2 Level 3 Total Assets: Money market deposit accounts $ 175,375 $ — $ — $ 175,375 Foreign exchange forward contract $ — $ 27 $ — $ 27 Fair Value Measurements at December 31, 2014 Level 1 Level 2 Level 3 Total Assets: Money market deposit accounts $ 170,196 $ — $ — $ 170,196 Liabilities: Foreign exchange forward contract $ — $ — $ — $ — Money market deposit accounts are reported on our consolidated balance sheets as cash and cash equivalents and derivative instruments are reported on our consolidated balance sheets as either prepaid assets and other current assets, net, or accrued expenses and other current liabilities. The fair value of our derivative instruments has been determined using pricing models that take into account the underlying contract terms, as well as all applicable inputs, such as currency rates. The derivative instruments have a fair value of $0.0 million as of June 30, 2015 and December 31, 2014 because we entered into such instruments on those period-ending dates. Our other financial instruments consist primarily of accounts receivable, accounts payable, accrued liabilities and notes payable. The carrying value of these assets and liabilities approximate their respective fair values as of June 30, 2015 and December 31, 2014 due to the short-term maturities, or in the case of our long-term notes payable, based on the variable interest rate feature. As of June 30, 2015 and December 31, 2014, no significant fair value adjustments were required for nonfinancial assets and liabilities.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	8. Income Taxes Our quarterly tax provision and our quarterly estimate of our annual effective tax rate are subject to significant variation due to several factors, including variability in accurately predicting our pre-tax and taxable income and loss and the mix of jurisdictions to which they relate, and by changes in tax laws and regulations. Additionally, our effective tax rate can be more or less volatile based on the amount of our pre-tax income or loss. For example, the impact of discrete items and non-deductible expenses on our effective tax rate is greater when our pre-tax income is lower. Our annual effective tax rate may be adversely impacted by the amount of our pretax income, or loss, relative to our nondeductible expenses associated with stock-based compensation and deferred compensation charges. Our effective tax rate may also be adversely impacted by the amount of our pretax income, or loss, relative to changes in tax law such as the expiration of the U.S. federal research and development credit at the end of 2014. For the three months ended June 30, 2015 and 2014, we recorded income tax expense of $27 thousand and $2.9 million, resulting in an effective tax rate of (1.7%) and 40.4%, respectively. For the six months ended June 30, 2015 and 2014, we recorded income tax expense of $2.4 million and $7.2 million, resulting in an effective tax rate of 49.5% and 40.9%, respectively. As of June 30, 2015, our effective tax rate estimate for the year ended December 31, 2015 differed from the statutory rate primarily due to tax charges associated with, non-deductible stock-based compensation charges, non-deductible deferred compensation expenses and state taxes, which are partially offset by the effect of different statutory tax rates in foreign jurisdictions and the benefit of disqualifying dispositions of incentive stock options. As of June 30, 2014, our effective tax rate estimate for the year ended December 31, 2014 differed from the statutory rate primarily due to tax charges associated with the implementation of our global corporate restructuring plan in the first fiscal quarter of 2014, non-deductible stock-based compensation charges, non-deductible deferred compensation expenses and state taxes, which is partially offset by the effect of different statutory tax rates in foreign jurisdictions and the benefit of disqualifying dispositions of incentive stock options.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	9. Related Party Transactions On December 26, 2013, we entered into an agreement with a domain registry company and certain of its subsidiaries. We agreed to pay the domain registry company $4.3 million for second level domains, or SLDs, contingent upon the domain registry company becoming the registry operator for such domains. In April 2015, we used $4.3 million to purchase the SLDs from the domain registry company pursuant to the terms of our agreement. An investment fund holds more than 10% of the outstanding capital stock of the domain registry company and holds more than 5% of a class of our voting securities as of March 3, 2015. In addition, during the period in which the agreement with the domain registry company was entered into and as of the date the purchase of the SLDs was completed, a member of our board of directors was a general partner of the entity that indirectly is the general partner of the investment fund.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events	10. Subsequent Events In August 2015, we announced plans to reduce operating expenses in order to realign our cost structure with our current strategic plan. As part of this expense reduction, we have reduced U.S. headcount by approximately 10 percent. We currently expect to incur $1.2 million in severance costs associated with the targeted employee reductions, which will be included in the results of our operations for the third quarter of 2015.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation As used in this report, the terms “we,” “the Company,” “us” or “our” refer to RetailMeNot, Inc. and its wholly-owned subsidiaries. The condensed consolidated financial statements include the accounts of the Company and have been prepared in accordance with accounting principles generally accepted in the United States of America, or GAAP, and Securities and Exchange Commission, or SEC, requirements for interim financial statements. All significant intercompany transactions and balances have been eliminated. The accompanying interim unaudited condensed consolidated financial statements have been prepared on the same basis as the audited consolidated financial statements and include all adjustments necessary for a fair presentation. Certain information and disclosures normally included in the notes to the annual consolidated financial statements prepared in accordance with GAAP have been omitted from these interim condensed consolidated financial statements pursuant to the rules and regulations of the SEC. Accordingly, these unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the accompanying notes for the fiscal year ended December 31, 2014, which are included in our Annual Report on Form 10-K for the year ended December 31, 2014. The results of operations for the three and six months ended June 30, 2015 are not necessarily indicative of the results to be expected for the year ending December 31, 2015 or for any other period.
Significant Estimates and Judgments	Significant Estimates and Judgments The preparation of our consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of net revenues and expenses during the reporting periods. These estimates and assumptions could have a material effect on our future results of operations and financial position. Significant items subject to our estimates and assumptions include stock-based compensation, income taxes, valuation of acquired goodwill and intangible assets, allowance for doubtful accounts, revenue returns reserve, unrecognized tax benefits, acquisition-related contingent liabilities and the useful lives of property and equipment and intangible assets. As a result, actual amounts could differ from those presented herein.
Business Segment	Business Segment We have one operating and reporting segment consisting of various products and services that are all related to our marketplace for digital offers. Our chief operating decision maker is our Chief Executive Officer. Our Chief Executive Officer allocates resources and assesses performance of the business and other activities at a single reporting segment level.
Cash and Cash Equivalents	Cash and Cash Equivalents All highly-liquid investments with an original maturity of three months or less at the date of purchase are considered to be cash equivalents.
Accounts Receivable, Net	Accounts Receivable, Net Accounts receivable, net represent amounts due from retailers, primarily through various performance marketing networks, for commissions earned on consumer purchases and amounts due for premium placement advertising. We record an allowance for doubtful accounts in an amount equal to the estimated probable losses net of recoveries, which are based on an analysis of historical bad debt, current receivables aging and expected future write-offs of uncollectible accounts, as well as an assessment of specific identifiable accounts considered at risk or uncollectible. Accounts receivable are written off against the allowance for doubtful accounts when it is determined that the receivable is uncollectible.
Property and Equipment, Net	Property and Equipment, Net Property and equipment, net includes assets such as furniture and fixtures, leasehold improvements, computer hardware, office and telephone equipment and certain capitalized internally developed software and website development costs. We record property and equipment at cost less accumulated depreciation and amortization, using the straight-line method. Ordinary maintenance and repairs are charged to expense, while expenditures that extend the physical or economic life of the assets are capitalized. Property and equipment are depreciated over their estimated economic lives, which range from three to five years, using the straight-line method. Leasehold improvements are amortized over the shorter of the estimated useful lives of the improvements or the lease term. Capitalized internally developed software and website development costs are depreciated over their estimated useful lives, which range from two to three years. We perform reviews for the impairment of property and equipment when management believes events or circumstances indicate the carrying amount of an asset may not be recoverable.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill arises from business combinations and is measured as the excess of the cost of the business acquired over the sum of the acquisition-date fair values of tangible and identifiable intangible assets acquired, less any liabilities assumed. We evaluate goodwill for impairment annually on October 1, during the fourth quarter of each year, or more frequently when an event occurs or circumstances change that indicates the carrying value may not be recoverable. Events or circumstances that could trigger an impairment test include, but are not limited to, a significant adverse change in the business climate or in legal factors, an adverse action or assessment by a regulator, a loss of key personnel, significant changes in our use of the acquired assets or the strategy for our overall business, significant negative industry or economic trends, significant underperformance relative to operating performance indicators and significant changes in competition. We evaluate the recoverability of goodwill using a two-step impairment process tested at our sole reporting segment level. In the first step, the fair value for our reporting unit is compared to our book value including goodwill. If the fair value is less than the book value, a second step is performed that compares the implied fair value of goodwill to the book value of the goodwill. The fair value for the implied goodwill is determined based on the difference between the fair value of the sole reporting segment and the net fair value of the identifiable assets and liabilities excluding goodwill. If the implied fair value of the goodwill is less than the book value, the difference is recognized as an impairment charge in the consolidated statements of operations. We did not record any goodwill impairment charges during the three and six months ended June 30, 2015 and 2014. Identifiable intangible assets consist of acquired customer intangible assets, marketing-related intangible assets, contract-based intangible assets, and technology-based intangible assets. Intangible assets with definite lives are amortized over their estimated useful lives on a straight-line or accelerated basis. See Note 3, “Goodwill and Other Intangible Assets”. The method of amortization applied represents our best estimate of the distribution of the economic value of the identifiable intangible assets. The factors we consider in determining the useful lives of identifiable intangible assets included the extent to which expected future cash flows would be affected by our intent and ability to retain use of these assets, including the period of time that would capture 90% or more of the assets value on a perpetuity basis. Intangible assets are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of intangible assets may not be recoverable. Conditions that would necessitate an impairment assessment include a significant decline in the observable market value of an asset, a significant change in the extent or manner in which an asset is used, or any other significant adverse change that would indicate that the carrying amount of an asset or group of assets may not be recoverable. When such events occur, we compare the carrying amounts of the assets to their undiscounted cash flows. If this comparison indicates that there is impairment, the amount of the impairment is calculated as the difference between the carrying value and the fair value.
Revenue Recognition	Revenue Recognition We recognize revenue when persuasive evidence of an arrangement exists, services have been rendered, the fee to the paid retailer, defined as a retailer with which we have a contract, is fixed or determinable and collectability of the resulting receivable is reasonably assured. For commission revenues, which represent the substantial majority of our net revenues, revenue recognition generally occurs when a consumer, having visited one of our websites and clicked on a digital offer for a paid retailer makes a purchase with such paid retailer, and completion of the order is reported to us by such paid retailer, either directly or through a performance marketing network. The reporting by the paid retailer includes the amount of commissions the paid retailer has calculated as owing to us. Certain paid retailers do not provide reporting until a commission payment is made. In those cases, which have historically not been significant, we record commission revenues on a cash basis. For advertising revenues, revenue recognition occurs when we display a paid retailer’s advertisements on our websites or mobile applications. Multiple Element Arrangements VSOE TPE BESP If the facts and circumstances underlying the factors we considered change or should future facts and circumstances lead us to consider additional factors, both our determination of our relative selling price under the hierarchy and our BESPs could change in future periods. We estimate and record a reserve based upon actual, historical return rates as reported to us by paid retailers to provide for end-user cancelations or product returns, which may not be reported by the paid retailer or performance marketing network until a subsequent date. As such, we report commission revenues net of the estimated returns reserve. Net revenues are reported net of sales taxes, where applicable. Our payment arrangements with paid retailers are both direct and through performance marketing networks, which act as intermediaries between the paid retailers and us. No paid retailer individually accounted for more than 10% of net revenues or accounts receivable as of and for the three and six months ended June 30, 2015 and 2014.
Cost of Net Revenues	Cost of Net Revenues Cost of net revenues is composed of direct and indirect costs incurred to generate revenue. These costs consist of personnel costs of our salaried merchandising and technology support employees and fees paid to third-party contractors engaged in the operation and maintenance of our existing websites and mobile applications. Such technology costs also include website hosting and Internet service costs. Other costs include allocated facility and general information technology costs.
Sales and Marketing Expense	Sales and Marketing Expense Our sales and marketing expense consists primarily of personnel costs for our sales, marketing, search engine optimization, search engine marketing and business analytics employees, as well as online, brand and other marketing expenses. Our online, brand and other marketing costs include search engine fees, advertising on social networks, television and radio advertising, promotions, display advertisements, creative development fees, public relations, email campaigns, trade shows and other general marketing costs. Other costs include allocated facility and general information technology costs.
Product Development	Product Development Our product development expense consists primarily of personnel costs of our product management and software engineering teams, as well as fees paid to third-party contractors and consultants engaged in the design, development, testing and improvement of the functionality, offer content and user experience of our websites and mobile applications.
General and Administrative Expense	General and Administrative Expense Our general and administrative expense represents personnel costs for employees involved in general corporate functions, including finance, accounting, legal and human resources, among others. Additional costs included in general and administrative expense include professional fees for legal, audit and other consulting services, the provision for doubtful accounts receivable, travel and entertainment, charitable contributions, recruiting, allocated facility and general information technology costs and other general corporate overhead expenses.
Stock-Based Compensation Expense	Stock-Based Compensation Expense Stock-based compensation expense is measured at the grant date based on the estimated fair value of the award, net of estimated forfeitures. We recognize these compensation costs on a straight-line basis over the requisite service period of the award. Forfeiture rates are estimated at grant date based on historical experience and adjusted in subsequent periods for differences in actual forfeitures from those estimates. We include stock-based compensation expense in cost of net revenues and operating expenses in our consolidated statements of operations, consistent with the respective employees’ cash compensation. We determine the fair value of stock options on the grant date using the Black-Scholes-Merton valuation model.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying amounts of our financial instruments, including cash and cash equivalents, accounts receivable, accounts payable, accrued liabilities and notes payable, approximate fair value due to the instruments’ short-term maturities or, in the case of the long-term notes payable, based on the variable interest rate feature. We record derivative liabilities at fair value.
Income Taxes	Income Taxes The provision for income taxes is determined using the asset and liability method. Deferred tax assets and liabilities are calculated based upon the temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases using the enacted tax rates that are applicable in a given year. The deferred tax assets are recorded net of a valuation allowance when, based on the available supporting evidence, we believe it is more likely than not that some portion or all of the recorded deferred tax assets will not be realized in future periods. The Company may be subject to income tax audits by the respective tax authorities in any or all of the jurisdictions in which the Company operates or has operated within a relevant period, including the United States, the United Kingdom, France, Germany, and the Netherlands. Significant judgment is required in determining uncertain tax positions. We utilize a two-step approach to recognize and measure uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. We consider many factors when evaluating and estimating our tax positions and tax benefits, which may require periodic adjustments and which may not accurately forecast actual outcomes. We adjust these reserves in light of changing facts and circumstances, such as the closing of an audit or the refinement of an estimate. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. We include interest and penalties related to uncertain tax positions in the provision for income taxes on our consolidated statements of operations.
Foreign Currency	Foreign Currency Our operations outside of the U.S. generally use the local currency as their functional currency. Assets and liabilities for these operations are translated at exchange rates in effect at the balance sheet date. Income and expense accounts are translated at average exchange rates for the period. Foreign currency translation adjustments are recorded in accumulated other comprehensive income (loss) in our consolidated statements of comprehensive income (loss). Gains and losses from foreign currency denominated transactions are recorded in other income (expense), net in our consolidated statements of operations.
Non-Marketable Investments and Other-Than-Temporary Impairment	Non-Marketable Investments and Other-Than-Temporary Impairment During the second quarter of 2015, we invested $4.0 million in a non-controlling minority ownership stake in a privately-held marketing technology company in the United States. The minority interest is included at cost in other assets, net, on our consolidated balance sheets. We own less than 20% of the voting equity of the investee. We regularly evaluate the carrying value of our cost-method investment for impairment and whether any events or circumstances are identified that would significantly harm the fair value of the investment. The primary indicators we utilize to identify these events and circumstances are the investee’s ability to remain in business, such as the investee’s liquidity and rate of cash use, and the investee’s ability to secure additional funding and the value of that additional funding. In the event a decline in fair value is judged to be other-than-temporary, we will record an other-than-temporary impairment charge in other income, net in our consolidated statements of operations. As the inputs utilized for our periodic impairment assessment are not based on observable market data, potential impairment charges related to our cost-method investment would be classified within Level 3 of the fair value hierarchy. To determine the fair value of this investment, we use all available financial information related to the entity, including information based on recent or pending third-party equity investments in the entity. In certain instances, a cost-method investment’s fair value is not estimated as there are no identified events or changes in the circumstances that may have a significant adverse effect on the fair value of the investment and to do so would be impractical.
Derivative Financial Instruments	Derivative Financial Instruments Our operations outside of the U.S. expose us to various market risks that may affect our consolidated results of operations, cash flows and financial position. These market risks include, but are not limited to, fluctuations in currency exchange rates. Our primary foreign currency exposures are in Euros and British Pound Sterling. As a result, we face exposure to adverse movements in currency exchange rates as the financial results of our operations are translated from local currency into U.S. dollars upon consolidation. We have entered into a derivative instrument to hedge certain exposures of non-functional currency denominated intercompany loans and may enter into further such instruments in the future. We have not elected to apply hedge accounting or hedge accounting does not apply. Gains and losses resulting from a change in fair value for these derivatives are reflected in the period in which the change occurs and are recorded in other income (expense), net in our consolidated statement of operations. During the three and six months ended June 30, 2015, we recorded a loss of $0.4 million and a gain of $0.6 million, respectively, related to our foreign exchange derivative instruments. The fair value of our outstanding foreign exchange derivative instrument as of both June 30, 2015 and December 31, 2014, the dates on which we entered into those respective instruments, was less than $0.1 million. The notional amount of our outstanding foreign exchange derivative instrument as of June 30, 2015 and December 31, 2014 was $6.3 million and $9.0 million, respectively. We did not enter into any foreign exchange derivative instruments during the three and six months ended June 30, 2014. We do not use financial instruments for trading or speculative purposes. Derivative instruments are recorded on the balance sheet at fair value and are short-term in duration. We are exposed to the risk that counterparties to derivative contracts may fail to meet their contractual obligations.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board, or FASB, issued new guidance that superseded previously existing revenue recognition requirements. The guidance provides a five-step process to recognize revenue that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration expected in exchange for those goods and services. The guidance requires disclosures enabling users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. Additionally, qualitative and quantitative disclosures are required about contracts with customers, significant judgments and changes in judgments, and assets recognized from the costs to obtain or fulfill a contract. On July 9, 2015, the FASB deferred the effective date by one year to December 15, 2017 for the first interim period within annual reporting periods beginning after that date, using either a full or modified retrospective application method. Early adoption of the standard is permitted, but not before the first interim period within annual reporting periods beginning after the original effective date of December 15, 2016. We are currently evaluating which of the two retrospective application methods we will use and the effect that the adoption of this guidance will have on our consolidated financial statements. In April 2015, the FASB issued new guidance that amends the balance sheet presentation of debt issuance costs. The guidance requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of the related debt liability instead of being presented as an asset. The guidance requires retrospective application and is effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. The guidance is not expected to have a material impact on our consolidated financial statements. In April 2015, the FASB issued new guidance clarifying whether a customer should account for a cloud computing arrangement as an acquisition of a software license or as a service arrangement by providing characteristics that a cloud computing arrangement must have in order to be accounted for as a software license acquisition. The guidance allows either retrospective or prospective application and is effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. The guidance is not expected to have a material impact on our consolidated financial statements.

Goodwill and Other Intangible18

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in Goodwill Balance	Changes in our goodwill balance for the year ended December 31, 2014 and the six months ended June 30, 2015 are summarized in the table below (in thousands): Balance at December 31, 2013 $ 179,659 Acquired in business combinations 75 Foreign currency translation adjustment (2,807 ) Balance at December 31, 2014 176,927 Acquired in business combinations — Foreign currency translation adjustment (1,869 ) Balance at June 30, 2015 (unaudited) $ 175,058
Schedule of Intangible Assets	Intangible assets consisted of the following as of June 30, 2015 and December 31, 2014 (dollars in thousands): Weighted- Average Amortization Period (Months) Estimated Useful Life (Months) June 30, 2015 (unaudited) Gross Accumulated Amortization Net Customer relationships 180 180 $ 16,094 $ (4,967 ) $ 11,127 Marketing-related 155 48-180 80,856 (25,532 ) 55,324 Contract-based 58 12-60 19,763 (17,231 ) 2,532 Technology-based 12 12 7,662 (7,662 ) — Total intangible assets $ 124,375 $ (55,392 ) $ 68,983 Weighted- Average Amortization Period (Months) Estimated Useful Life (Months) December 31, 2014 Gross Accumulated Amortization Net Customer relationships 180 180 $ 16,156 $ (4,439 ) $ 11,717 Marketing-related 160 48-180 77,379 (22,636 ) 54,743 Contract-based 58 12-60 19,808 (15,449 ) 4,359 Technology-based 12 12 7,773 (7,773 ) — Total intangible assets $ 121,116 $ (50,297 ) $ 70,819

Stockholders' Equity and Stoc19

Stockholders' Equity and Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Summary of Weighted Average Assumptions for Stock Options Granted	The fair value of common stock options granted during the six months ended June 30, 2015 and 2014 was estimated on the grant date using the Black-Scholes-Merton option-pricing model. The weighted-average assumptions for stock options granted are outlined in the following table: Six Months Ended June 30, 2015 2014 (unaudited) Expected volatility 51.1 % 56.8 % Expected term (in years) 6.0 6.0 Risk-free rate of return 1.7 % 1.9 % Expected dividend yield — —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share of Common Stock	The following table sets forth the computation of basic and diluted net income (loss) per share of common stock (in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (unaudited) Numerator Net income (loss) $ (1,591 ) $ 4,326 $ 2,468 $ 10,401 Denominator Weighted average common shares outstanding - basic 53,482 53,791 53,754 53,472 Dilutive effect of stock options, restricted stock units, and Employee Stock Purchase Plan shares — 1,586 1,137 1,983 Weighted average common shares outstanding - diluted 53,482 55,377 54,891 55,455 Net income (loss) per share: Basic $ (0.03 ) $ 0.08 $ 0.05 $ 0.19 Diluted $ (0.03 ) $ 0.08 $ 0.04 $ 0.19
Schedule of Common Equivalent Shares Excluded from Diluted Net Income (Loss) Per Share Calculation	The following common equivalent shares were excluded from the diluted net income (loss) per share calculation, as their inclusion would have been anti-dilutive (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Stock options 1,622 1,349 2,964 1,173 Restricted stock units 2,295 654 680 438 Employee Stock Purchase Plan shares 403 29 — 2 Total 4,320 2,032 3,644 1,613

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis	Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands): Fair Value Measurements at June 30, 2015 (unaudited) Level 1 Level 2 Level 3 Total Assets: Money market deposit accounts $ 175,375 $ — $ — $ 175,375 Foreign exchange forward contract $ — $ 27 $ — $ 27 Fair Value Measurements at December 31, 2014 Level 1 Level 2 Level 3 Total Assets: Money market deposit accounts $ 170,196 $ — $ — $ 170,196 Liabilities: Foreign exchange forward contract $ — $ — $ — $ —

Summary of Significant Accoun22

Summary of Significant Accounting Policies - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)Segment	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Summary Of Significant Accounting Policies [Line Items]
Number of operating segments | Segment			1
Goodwill impairment charges recorded	$ 0	$ 0	$ 0	$ 0
Non-controlling minority ownership stake	4,000,000		4,000,000
Gain (loss) related to foreign exchange derivative instrument	(400,000)		600,000
Notional Amount of foreign exchange derivative instrument	6,300,000		6,300,000		$ 9,000,000
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Fair value of foreign exchange derivative instrument	$ 100,000		$ 100,000		$ 100,000
Less Than [Member]
Summary Of Significant Accounting Policies [Line Items]
No significant influence	20.00%		20.00%

Summary of Significant Accoun23

Summary of Significant Accounting Policies - Property and Equipment, Net - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015
Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated economic lives of property and equipment	3 years
Estimated lives of software and website development costs	2 years
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated economic lives of property and equipment	5 years
Estimated lives of software and website development costs	3 years

Summary of Significant Accoun24

Summary of Significant Accounting Policies - Goodwill and Other Intangible Assets - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015
Finite-Lived Intangible Assets [Member] | Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Percentage of the intangible asset's value on a perpetuity basis	90.00%

Summary of Significant Accoun25

Summary of Significant Accounting Policies - Revenue Recognition - Additional Information (Detail) - Customer Concentration Risk [Member] - Sales Revenue, Net [Member] - Retailer	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Summary Of Significant Accounting Policies [Line Items]
Number of paid retailer individually accounted for more than 10% of net revenues or accounts receivable	0	0	0	0
Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Minimum percentage of sales by significant retailer	10.00%	10.00%	10.00%	10.00%

Goodwill and Other Intangible26

Goodwill and Other Intangible Assets - Summary of Changes in Goodwill Balance (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Beginning Balance	$ 176,927	$ 179,659
Acquired in business combinations		75
Foreign currency translation adjustment	(1,869)	(2,807)
Ending Balance	$ 175,058	$ 176,927

Goodwill and Other Intangible27

Goodwill and Other Intangible Assets - Schedule of Intangible Assets (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Gross	$ 124,375	$ 121,116
Accumulated Amortization	(55,392)	(50,297)
Net	$ 68,983	$ 70,819
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Months)	2 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Months)	3 years
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted - Average Amortization Period	180 months	180 months
Estimated Useful Life (Months)	180 months	180 months
Gross	$ 16,094	$ 16,156
Accumulated Amortization	(4,967)	(4,439)
Net	$ 11,127	$ 11,717
Marketing-Related [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted - Average Amortization Period	155 months	160 months
Gross	$ 80,856	$ 77,379
Accumulated Amortization	(25,532)	(22,636)
Net	$ 55,324	$ 54,743
Marketing-Related [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Months)	48 months	48 months
Marketing-Related [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Months)	180 months	180 months
Contract-Based [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted - Average Amortization Period	58 months	58 months
Gross	$ 19,763	$ 19,808
Accumulated Amortization	(17,231)	(15,449)
Net	$ 2,532	$ 4,359
Contract-Based [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Months)	12 months	12 months
Contract-Based [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Months)	60 months	60 months
Technology-Based [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted - Average Amortization Period	12 months	12 months
Estimated Useful Life (Months)	12 months	12 months
Gross	$ 7,662	$ 7,773
Accumulated Amortization	$ (7,662)	$ (7,773)

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Commitments and Contingencies Disclosure [Abstract]
Rent expense under operating leases	$ 1.7	$ 1.2	$ 3	$ 2.3

Stockholders' Equity and Stoc29

Stockholders' Equity and Stock-Based Compensation - Common Stock and Share Repurchase - Additional Information (Detail)	Feb. 05, 2015USD ($)	Mar. 31, 2014shares	Mar. 31, 2015Vote	Jun. 30, 2015USD ($)$ / sharesshares	Dec. 31, 2014$ / sharesshares	Jun. 30, 2014shares
Stock Based Compensation and Stockholders Equity [Line Items]
Preferred stock, Authorized				10,000,000	10,000,000
Common stock, Par value | $ / shares				$ 0.001
Preferred stock, Par value | $ / shares				$ 0.001	$ 0.001
Preferred stock, Outstanding				0	0
Series 2 common stock, shares converted to Series 1 common stock		6,107,494
Series 1 Common Stock [Member]
Stock Based Compensation and Stockholders Equity [Line Items]
Common stock, Shares authorized				150,000,000	150,000,000
Common stock, Par value | $ / shares				$ 0.001	$ 0.001
Common stock, Shares outstanding				53,614,712	54,253,452
Stock repurchased during period, Value | $	$ 100,000,000
Stock repurchase program, Period	24 months
Stock repurchased during period, Shares				1,545,017
Stock repurchased during period, Value | $				$ 27,200,000
Series 2 Common Stock [Member]
Stock Based Compensation and Stockholders Equity [Line Items]
Common stock, Shares authorized				6,107,494	6,107,494
Common stock, Par value | $ / shares				$ 0.001	$ 0.001
Common stock, Shares outstanding				0	0	0
Voting right of each share of common stock, excluding Board representation | Vote			1

Stockholders' Equity and Stoc30

Stockholders' Equity and Stock-Based Compensation - Stock-Based Compensation, 2013 Equity Incentive Plan and 2007 Stock Plan - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock Based Compensation and Stockholders Equity [Line Items]
Share based compensation expense	$ 6.5	$ 6.4	$ 13.4	$ 11.4
Exercise of stock options, Shares			658,488	1,219,159
2013 Equity Incentive Plan [Member]
Stock Based Compensation and Stockholders Equity [Line Items]
Vesting period			4 years
Term of option			10 years
2007 Stock Plan [Member]
Stock Based Compensation and Stockholders Equity [Line Items]
Term of option			10 years
2007 Stock Plan [Member] | Vesting After 1 Year [Member]
Stock Based Compensation and Stockholders Equity [Line Items]
Vesting period			1 year
Vesting percentage			25.00%
2007 Stock Plan [Member] | Vesting Over The Remaining 3 Years [Member]
Stock Based Compensation and Stockholders Equity [Line Items]
Vesting period			3 years
Vesting percentage			75.00%

Stockholders' Equity and Stoc31

Stockholders' Equity and Stock-Based Compensation - Summary of Weighted Average Assumptions for Stock Options Granted (Detail) - Employee Stock Option [Member]	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	51.10%	56.80%
Expected term (in years)	6 years	6 years
Risk-free rate of return	1.70%	1.90%
Expected dividend yield	0.00%	0.00%

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015Voteshares	Dec. 31, 2014shares	Jun. 30, 2014shares
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Voting right of each share of common stock	1
Series 2 Common Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Common stock, Shares outstanding | shares	0	0	0

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share of Common Stock (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Net income (loss)	$ (1,591)	$ 4,326	$ 2,468	$ 10,401
Weighted average common shares outstanding - basic	53,482	53,791	53,754	53,472
Dilutive effect of stock options, restricted stock units, and Employee Stock Purchase Plan shares		1,586	1,137	1,983
Weighted average common shares outstanding - diluted	53,482	55,377	54,891	55,455
Net income (loss) per share:
Basic	$ (0.03)	$ 0.08	$ 0.05	$ 0.19
Diluted	$ (0.03)	$ 0.08	$ 0.04	$ 0.19

Earnings Per Share - Schedule34

Earnings Per Share - Schedule of Common Equivalent Shares Excluded from Diluted Net Income (Loss) Per Share Calculation (Detail) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total common equivalent shares	4,320	2,032	3,644	1,613
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total common equivalent shares	1,622	1,349	2,964	1,173
Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total common equivalent shares	2,295	654	680	438
Employee Stock Purchase Plan Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total common equivalent shares	403	29		2

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Money Market Deposit Accounts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market deposit accounts	$ 175,375	$ 170,196
Foreign Exchange Forward Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange forward contract	27
Level 1 [Member] | Money Market Deposit Accounts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market deposit accounts	175,375	$ 170,196
Level 2 [Member] | Foreign Exchange Forward Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange forward contract	$ 27
Foreign exchange forward contract

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Derivative instruments, fair value	$ 0	$ 0

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Income tax expense	$ 27	$ 2,938	$ 2,420	$ 7,184
Effective tax rate	(1.70%)	40.40%	49.50%	40.90%

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended
	Apr. 30, 2015	Mar. 03, 2015
Domain Names [Member]
Related Party Transaction [Line Items]
Purchase of domain names	$ 4.3
Entity Managed By Member Of Board Of Directors [Member] | Greater Than [Member] | Common Stock Class A Voting [Member]
Related Party Transaction [Line Items]
Ownership Percentage held by an investment fund in the company		5.00%
Entity Managed By Member Of Board Of Directors [Member] | Greater Than [Member] | Domain Names [Member]
Related Party Transaction [Line Items]
Ownership Percentage held by an investment fund in the company		10.00%

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - 1 months ended Aug. 31, 2015 - Subsequent Events [Member] - USD ($) $ in Millions	Total
Subsequent Event [Line Items]
Number of positions eliminated, Percent	10.00%
Severance Costs	$ 1.2