XML 57 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]                      
Subscription revenue $ 9,209,000 $ 8,780,000 $ 8,498,000 $ 8,234,000 $ 8,581,000 $ 7,827,000 $ 7,522,000 $ 7,298,000 $ 34,721,088 $ 31,228,644 $ 27,180,479
Cost of sales of subscription revenue                 6,973,772 6,616,931 6,304,597
Gross profit                 27,747,316 24,611,713 20,875,882
Operating expenses:                      
Sales and marketing                 8,349,544 7,643,303 6,704,106
Product development                 3,121,729 2,485,168 2,093,303
General and administrative expenses                 11,909,462 11,793,441 11,095,425
Total operating expenses                 23,380,735 21,921,912 19,892,834
Other income (expenses):                      
Interest and other income                 9,981 51,972 77,515
Interest expense                 (113,200) (155,443) (274,178)
Total other income (expenses)                 (103,219) (103,471) (196,663)
Income before income taxes and discontinued operations                 4,263,362 2,586,330 786,385
Income tax (benefit) (14,751,000)       (5,427,000)       (13,670,069) (5,427,000) (4,075,000)
Income from continuing operations 16,304,000 705,000 522,000 402,000 6,519,000 860,000 498,000 136,000 17,933,431 8,013,330 4,861,385
(Loss) from discontinued operations, net of income tax benefit of $(230,000), $- and $-, respectively                 (336,489) (12,296,912) (2,974,958)
Net income (loss) $ 16,214,000 $ 649,000 $ 484,000 $ 250,000 $ 7,066,000 $ 666,000 $ 2,193,000 $ (14,209,000) $ 17,596,942 $ (4,283,582) $ 1,886,427
Per share amounts - basic:                      
Income from continuing operations $ 1.49 $ 0.06 $ 0.05 $ 0.04 $ 0.61 $ 0.08 $ 0.05 $ 0.01 $ 1.65 $ 0.75 $ 0.46
Net income (loss) $ 1.49 $ 0.06 $ 0.04 $ 0.02 $ 0.66 $ 0.06 $ 0.21 $ (1.34) $ 1.62 $ (0.40) $ 0.18
Per share amounts - diluted:                      
Income from continuing operations $ 1.42 $ 0.05 $ 0.05 $ 0.04 $ 0.58 $ 0.08 $ 0.05 $ 0.01 $ 1.57 $ 0.73 $ 0.45
Net income (loss) $ 1.41 $ 0.05 $ 0.04 $ 0.02 $ 0.63 $ 0.06 $ 0.20 $ (1.29) $ 1.54 $ (0.39) $ 0.17
Weighted average number of common shares outstanding:                      
Basic 10,909,000 10,908,000 10,892,000 10,828,000 10,728,000 10,703,000 10,686,000 10,624,000 10,884,533 10,685,333 10,569,805
Diluted 11,464,000 11,445,000 11,398,000 11,348,000 11,233,000 11,094,000 10,950,000 11,011,000 11,396,559 11,034,082 10,876,876