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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net revenue:        
Online advertising $ 25,972 $ 25,038 $ 79,027 $ 73,679
Transactions 7,105 4,809 17,740 11,266
Merchandise 0 0 0 878
Publishing and other 3,654 4,859 14,341 17,675
Total net revenue 36,731 34,706 111,108 103,498
Cost of revenue:        
Online advertising 802 683 1,986 1,588
Merchandise 0 0 0 881
Publishing and other 986 1,367 4,168 5,082
Total cost of revenue 1,788 2,050 6,154 7,551
Gross profit 34,943 32,656 104,954 95,947
Operating expenses:        
Product and content development 11,729 9,901 33,503 29,300
Sales and marketing 13,098 10,679 36,325 31,683
General and administrative 5,501 5,955 17,531 18,116
Depreciation and amortization 1,580 1,361 4,815 4,027
Total operating expenses 31,908 27,896 92,174 83,126
Income from operations 3,035 4,760 12,780 12,821
Loss in equity interests (29) (173) (210) (209)
Interest and other income/(expense), net 48 (3) 29 (51)
Income before income taxes 3,054 4,584 12,599 12,561
Income tax expense 1,146 1,718 3,901 4,939
Net income $ 1,908 $ 2,866 $ 8,698 $ 7,622
Net income per share:        
Basic (usd per share) $ 0.08 $ 0.11 $ 0.34 $ 0.30
Diluted (usd per share) $ 0.07 $ 0.11 $ 0.34 $ 0.30
Weighted average number of shares used in calculating net earnings per share:        
Basic (shares) 25,368 25,136 25,341 25,161
Diluted (shares) 25,727 25,449 25,675 25,537
Restricted stock        
Weighted average number of shares used in calculating net earnings per share:        
Dilutive securities included in dilutive shares (shares) 331 304 318 360
Options        
Weighted average number of shares used in calculating net earnings per share:        
Dilutive securities included in dilutive shares (shares) 28 9 16 16