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SHARE-BASED COMPENSATION (Tables)
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12 Months Ended |
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Dec. 31, 2013
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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| Schedule of Assumptions Used to Estimate Fair Value |
Assumptions used to determine the fair value of stock options granted during 2011, 2012 and 2013 are summarized in the following table: | | | For the year ended December 31, | | | | | 2011 | | | 2012 | | | 2013 | | | Weighted average grant date fair value per share | | US$ | 2.38 | | | US$ | 3.17 | | | US$ | 2.49 | | | Expected volatility | | | 52 | % | | | 61 | % | | | 57 | % | | Expected dividends | | | - | | | | - | | | | - | | | Expected life | | | 2.71 years | | | | 2.62 years | | | | 2.31 years | | | Risk-free interest rate (per annum) | | | 0.93 | % | | | 0.34 | % | | | 0.33 | % | |
| Schedule of Stock Options Outstanding and Exercisable |
The following table presents a summary of the Company's stock options (excluding the options granted to Expedia Asia Pacific) outstanding and exercisable at December 31, 2013: | | | Options Outstanding | | | Options Exercisable | | Range of Exercise Prices | | Ordinary Shares | | | Weighted Average Price Per Ordinary Share | | | Weighted Average Remaining Contractual Life (Years) | | | Ordinary Shares | | | Weighted Average Exercise Price Per Ordinary Share | | | $ 2.01 - $ 4.00 | | | 59,058 | | | $ | 3.56 | | | | 2.24 | | | | 59,058 | | | $ | 3.56 | | | $ 4.01 - $ 6.00 | | | 367,822 | | | $ | 5.40 | | | | 1.80 | | | | 367,822 | | | $ | 5.40 | | | $ 6.01 - $ 8.00 | | | 812,104 | | | $ | 6.94 | | | | 2.47 | | | | 59,978 | | | $ | 6.76 | | | $ 8.01 - $10.00 | | | 742,136 | | | $ | 8.54 | | | | 3.67 | | | | 13,624 | | | $ | 8.50 | | | $10.01 - $12.00 | | | 29,504 | | | $ | 10.93 | | | | 2.57 | | | | - | | | $ | - | | | Total | | | 2,010,624 | | | $ | 7.21 | | | | 2.78 | | | | 500,482 | | | $ | 5.43 | | |
| Schedule of Stock-Based Compensation Expense |
Share-based compensation expense for the years ended December 31, 2011, 2012 and 2013 was included in cost of services and expense items as follows: | | | For the year ended December 31, | | | | | 2011 | | | 2012 | | | 2013 | | | Cost of services | | | 1,374,392 | | | | 1,932,101 | | | | 2,672,546 | | | Service development | | | 7,625,962 | | | | 11,459,551 | | | | 19,563,206 | | | Sales and marketing | | | 3,619,997 | | | | 4,322,004 | | | | 8,137,223 | | | General and administrative | | | 9,302,013 | | | | 12,234,867 | | | | 32,965,113 | | | Total | | | 21,922,364 | | | | 29,948,523 | | | | 63,338,088 | | |
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2001 Plan [Member]
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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| Summary of Stock Options Activity |
A summary of stock option activity under the 2001 Plan for the year ended December 31, 2013 is as follows: | | | Number of Ordinary Shares | | | Weighted Average Exercise Price | | | Weighted Average Remaining Contractual Term | | | Aggregated Intrinsic Value (In thousands) | | | Outstanding at December 31, 2012 | | | 22,736 | | | US$ | 1.53 | | | | | | | | | | | Exercised | | | (21,732 | ) | | US$ | 1.53 | | | | | | | | | | | Expired | | | (1,004 | ) | | US$ | 1.53 | | | | | | | | | | | Outstanding at December 31, 2013 | | | - | | | US$ | - | | | | - | | | US$ | - | | | Vested at December 31, 2013 | | | - | | | US$ | - | | | | - | | | US$ | - | | | Exercisable at December 31, 2013 | | | - | | | US$ | - | | | | - | | | US$ | - | | |
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2004 Plan [Member]
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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| Summary of Stock Options Activity |
A summary of stock option activity under the 2004 Plan for the year ended December 31, 2013 is as follows: | | | Number of Ordinary Shares | | | Weighted Average Exercise Price | | | Weighted Average Remaining Contractual Term | | | Aggregated Intrinsic Value (In thousands) | | | Outstanding at December 31, 2012 | | | 343,322 | | | US$ | 5.86 | | | | | | | | | | | Exercised | | | (84,546 | ) | | US$ | 4.13 | | | | | | | | | | | Forfeited | | | (3,752 | ) | | US$ | 5.33 | | | | | | | | | | | Expired | | | (1,434 | ) | | US$ | 10.46 | | | | | | | | | | | Outstanding at December 31, 2013 | | | 253,590 | | | US$ | 6.42 | | | | 4.65 years | | | US$ | 969 | | | Vested and expected to vest at December 31, 2013 | | | 238,590 | | | US$ | 6.27 | | | | 4.50 years | | | US$ | 948 | | | Exercisable at December 31, 2013 | | | 153,590 | | | US$ | 4.86 | | | | 3.16 years | | | US$ | 827 | | |
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2004 Plan [Member] | Equity-settled performance units [Member]
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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| Summary of Performance Units Activity |
A summary of equity-settled performance units activity under the 2004 Plan for the year ended December 31, 2013 is as follows: | | | Number of Ordinary Shares | | | Weighted average grant date fair value | | | Balance at December 31, 2012 | | | 143,596 | | | US$ | 3.86 | | | Settled | | | (105,216 | ) | | US$ | 3.85 | | | Forfeited | | | (35,259 | ) | | US$ | 3.97 | | | Balance at December 31, 2013 | | | 3,121 | | | US$ | 3.20 | | | Vested and expected to vest at December 31, 2013 | | | 3,121 | | | US$ | 3.20 | | |
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2004 Plan [Member] | Cash-settled performance units [Member]
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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| Summary of Performance Units Activity |
A summary of cash-settled performance units activity under the 2004 Plan for the year ended December 31, 2013 is as follows: | | | Number of Ordinary Shares | | | Balance at December 31, 2012 | | | 56,995 | | | Granted | | | 32,004 | | | Settled | | | (17,701 | ) | | Balance at December 31, 2013 | | | 71,298 | | |
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2009 Plan [Member]
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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| Summary of Stock Options Activity |
A summary of stock option activity under the 2009 Plan for the year ended December 31, 2013 is as follows: | | | Number of Ordinary Shares | | | Weighted Average Exercise Price | | | Weighted Average Remaining Contractual Term | | | Aggregated Intrinsic Value (In thousands) | | | Outstanding at December 31, 2012 | | | 2,963,034 | | | US$ | 6.82 | | | | | | | | | | | Granted | | | 41,000 | | | US$ | 7.33 | | | | | | | | | | | Exercised | | | (688,176 | ) | | US$ | 5.00 | | | | | | | | | | | Forfeited | | | (551,188 | ) | | US$ | 7.50 | | | | | | | | | | | Expired | | | (7,636 | ) | | US$ | 8.19 | | | | | | | | | | | Outstanding at December 31, 2013 | | | 1,757,034 | | | US$ | 7.32 | | | | 2.51 years | | | US$ | 5,146 | | | Vested and expected to vest at December 31, 2013 | | | 1,599,742 | | | US$ | 7.32 | | | | 2.51 years | | | US$ | 4,689 | | | Exercisable at December 31, 2013 | | | 346,892 | | | US$ | 5.68 | | | | 1.28 years | | | US$ | 1,580 | | |
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2009 Plan [Member] | Equity-settled performance units [Member]
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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| Summary of Performance Units Activity |
A summary of equity-settled performance units activity under the 2009 Plan for the year ended December 31, 2013 is as follows: | | | Number of Ordinary Shares | | | Weighted average grant date fair value | | | Balance at December 31, 2012 | | | 1,884,768 | | | US$ | 7.96 | | | Granted | | | 6,566,627 | | | US$ | 8.18 | | | Settled | | | (614,688 | ) | | US$ | 7.81 | | | Forfeited | | | (363,027 | ) | | US$ | 7.95 | | | Balance at December 31, 2013 | | | 7,473,680 | | | US$ | 8.17 | | | Vested and expected to vest at December 31, 2013 | | | 6,280,805 | | | US$ | 8.17 | | |