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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net revenue:        
Online advertising $ 26,218 $ 24,725 $ 53,055 $ 48,641
Transactions 6,431 4,163 10,635 6,457
Merchandise 0 0 0 878
Publishing and other 6,059 7,302 10,687 12,816
Total net revenue 38,708 36,190 74,377 68,792
Cost of revenue:        
Online advertising 684 551 1,184 905
Merchandise 0 0 0 881
Publishing and other 2,072 2,295 3,182 3,715
Total cost of revenue 2,756 2,846 4,366 5,501
Gross profit 35,952 33,344 70,011 63,291
Operating expenses:        
Product and Content Expense 10,814 9,845 21,774 19,399
Sales and marketing 11,513 10,382 23,227 21,004
General and administrative 5,833 6,071 12,030 12,161
Depreciation and amortization 1,641 1,421 3,235 2,666
Total operating expenses 29,801 27,719 60,266 55,230
Income from operations 6,151 5,625 9,745 8,061
Loss in equity interests (37) (30) (181) (36)
Other Nonoperating Expense (18) (25) (19) (48)
Income before income taxes 6,096 5,570 9,545 7,977
Income tax expense 2,331 2,259 2,755 3,221
Net income $ 3,765 $ 3,311 $ 6,790 $ 4,756
Net income per share:        
Basic (usd per share) $ 0.15 $ 0.13 $ 0.27 $ 0.19
Diluted (usd per share) $ 0.15 $ 0.13 $ 0.26 $ 0.19
Weighted average number of shares used in calculating net earnings per share:        
Basic (shares) 25,393 25,174 25,328 25,174
Diluted (shares) 25,677 25,540 25,637 25,582
Restricted stock        
Weighted average number of shares used in calculating net earnings per share:        
Dilutive securities included in dilutive shares (shares) 260 352 291 389
Options        
Weighted average number of shares used in calculating net earnings per share:        
Dilutive securities included in dilutive shares (shares) 21 14 17 19
Employee Stock Purchase Plan        
Weighted average number of shares used in calculating net earnings per share:        
Dilutive securities included in dilutive shares (shares) 3 0 1 0