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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net revenue:        
Online advertising $ 24,725 $ 22,051 $ 48,641 $ 43,400
Registry and commerce 4,163 3,072 6,457 4,957
Merchandise 0 4,775 878 8,429
Publishing and other 7,302 8,432 12,816 13,964
Total net revenue 36,190 38,330 68,792 70,750
Cost of revenue:        
Online advertising 551 509 905 972
Merchandise 0 2,907 881 5,273
Publishing and other 2,295 2,626 3,715 4,257
Total cost of revenue 2,846 6,042 5,501 10,502
Gross profit 33,344 32,288 63,291 60,248
Operating expenses:        
Product and content development 9,845 8,832 19,399 17,705
Sales and marketing 10,382 10,651 21,004 21,764
General and administrative 6,071 6,324 12,161 13,389
Depreciation and amortization 1,421 1,848 2,666 3,525
Total operating expenses 27,719 27,655 55,230 56,383
Income from operations 5,625 4,633 8,061 3,865
Loss in equity interests (30) (115) (36) (175)
Interest and other (expense) income, net (25) 23 (48) (2)
Income before income taxes 5,570 4,541 7,977 3,688
Income tax expense 2,259 1,494 3,221 1,317
Net income $ 3,311 $ 3,047 $ 4,756 $ 2,371
Net income per share:        
Basic (usd per share) $ 0.13 $ 0.12 $ 0.19 $ 0.09
Diluted (usd per share) $ 0.13 $ 0.12 $ 0.19 $ 0.09
Weighted average number of shares used in calculating net earnings per share:        
Basic (shares) 25,174 25,220 25,174 25,065
Diluted (shares) 25,540 25,498 25,582 25,534
Restricted stock        
Weighted average number of shares used in calculating net earnings per share:        
Dilutive securities included in dilutive shares (shares) 352 250 389 424
Options        
Weighted average number of shares used in calculating net earnings per share:        
Dilutive securities included in dilutive shares (shares) 14 28 19 45