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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Research services $ 52,727 $ 52,205 $ 160,998 $ 156,667
Advisory services and events 24,700 22,548 81,651 76,084
Total revenues 77,427 74,753 242,649 232,751
Operating expenses:        
Cost of services and fulfillment 29,889 29,222 95,429 92,543
Selling and marketing 27,751 27,460 87,490 85,572
General and administrative 10,086 9,530 30,359 28,564
Depreciation 1,941 2,048 5,982 6,251
Amortization of intangible assets 208 224 627 669
Reorganization costs   928 1,026 4,433
Total operating expenses 69,875 69,412 220,913 218,032
Income from operations 7,552 5,341 21,736 14,719
Other income, net 229 159 374 342
Gains (losses) on investments, net (1,085) 245 (1,139) 236
Income before income taxes 6,696 5,745 20,971 15,297
Income tax provision 3,584 1,295 9,110 5,321
Net income $ 3,112 $ 4,450 $ 11,861 $ 9,976
Basic income per common share $ 0.17 $ 0.25 $ 0.66 $ 0.55
Diluted income per common share $ 0.17 $ 0.25 $ 0.65 $ 0.55
Basic weighted average common shares outstanding 18,062 17,892 17,896 17,986
Diluted weighted average common shares outstanding 18,435 18,065 18,168 18,231
Cash dividends declared per common share $ 0.18 $ 0.17 $ 0.54 $ 0.51