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Operating Expenses
9 Months Ended
Sep. 30, 2016
Operating Expenses [Abstract]  
Operating Expenses

7Operating expenses

Certain prior period operating expenses have been reclassified to conform with current year presentation.



Costs of services, excluding depreciation and amortization



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three months ended

 

Nine months ended



September 30,

 

September 30,



 

2016 

 

 

2015 

 

 

2016 

 

 

2015 

Employee compensation expenses

$

6,593 

 

$

5,309 

 

$

21,731 

 

$

16,185 

Buildings, facilities and technology expenses

 

1,709 

 

 

1,745 

 

 

6,015 

 

 

5,191 

Travel, advertising and promotion expenses

 

4,991 

 

 

5,120 

 

 

18,287 

 

 

16,207 

Other costs of services

 

1,457 

 

 

(129)

 

 

3,788 

 

 

3,098 



$

14,750 

 

$

12,045 

 

$

49,821 

 

$

40,681 



SG&A expenses



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three months ended

 

Nine months ended



September 30,

 

September 30,



 

2016 

 

 

2015 

 

 

2016 

 

 

2015 

Employee compensation expenses

$

43,077 

 

$

36,287 

 

$

135,129 

 

$

122,062 

Buildings, facilities and technology expenses

 

12,466 

 

 

10,516 

 

 

36,671 

 

 

30,849 

Travel, advertising and promotion expenses

 

6,273 

 

 

5,388 

 

 

18,594 

 

 

16,274 

Professional fees

 

3,675 

 

 

3,157 

 

 

9,524 

 

 

9,456 

Other SG&A expenses

 

3,509 

 

 

2,822 

 

 

11,235 

 

 

8,524 



$

69,000 

 

$

58,170 

 

$

211,153 

 

$

187,165 



7.  Operating expenses (continued)

Acquisition-related costs



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three months ended

 

Nine months ended



September 30,

 

September 30,



 

2016 

 

 

2015 

 

 

2016 

 

 

2015 

Iron Planet Holdings Inc.

 

 

 

 

 

 

 

 

 

 

 

("IronPlanet") (note 24)

$

4,514 

 

$

 -

 

$

4,514 

 

$

 -

Mascus (note 25)

 

 -

 

 

 -

 

 

749 

 

 

 -

Petrowsky Auctioneers Inc.

 

 

 

 

 

 

 

 

 

 

 

("Petrowsky") (note 25)

 

177 

 

 

 -

 

 

177 

 

 

 -



$

4,691 

 

 

 -

 

$

5,440 

 -

$

 -



Depreciation and amortization expenses



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three months ended

 

Nine months ended



September 30,

 

September 30,



 

2016 

 

 

2015 

 

 

2016 

 

 

2015 

Depreciation expense

$

7,751 

 

$

8,491 

 

$

23,466 

 

$

26,718 

Amortization expense

 

2,445 

 

 

1,526 

 

 

7,094 

 

 

4,684 



 $

10,196 

 

$

10,017 

 

 $

30,560 

 

$

31,402