XML 40 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Research services $ 50,378 $ 49,760
Advisory services and other 21,121 20,500
Total revenues 71,499 70,260
Operating expenses:    
Cost of services and fulfillment 27,027 26,938
Selling and marketing 27,057 25,133
General and administrative 9,487 9,611
Depreciation 2,360 1,993
Amortization of intangible assets 559 614
Reorganization costs 1,591 1,343
Total operating expenses 68,081 65,632
Income from operations 3,418 4,628
Other income, net 376 409
Gains (losses) on investments, net (51) 59
Income before income taxes 3,743 5,096
Income tax provision 1,402 1,915
Net income $ 2,341 $ 3,181
Basic income per common share $ 0.10 $ 0.14
Diluted income per common share $ 0.10 $ 0.14
Basic weighted average common shares outstanding 22,306 22,738
Diluted weighted average common shares outstanding 22,658 23,173
Cash dividends declared per common share $ 0.15 $ 0.14