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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net revenue:        
Online advertising $ 28,972 $ 25,972 $ 85,071 $ 79,027
Transactions 7,950 7,105 21,102 17,740
Publishing and other 3,315 3,654 12,050 14,341
Total net revenue 40,237 36,731 118,223 111,108
Cost of revenue:        
Online advertising 1,207 802 3,057 2,102
Publishing and other 1,107 986 3,952 4,168
Total cost of revenue 2,314 1,788 7,009 6,270
Gross profit 37,923 34,943 111,214 104,838
Operating expenses:        
Product and content development 11,462 11,729 35,117 33,388
Sales and marketing 12,230 13,098 39,761 36,172
General and administrative 7,469 5,501 22,731 17,683
Depreciation and amortization 1,565 1,580 5,234 4,815
Total operating expenses 32,726 31,908 102,843 92,058
Income from operations 5,197 3,035 8,371 12,780
Loss in equity interests (33) (29) (1,204) (210)
Interest and other income / (expense), net 161 48 359 29
Income before income taxes 5,325 3,054 7,526 12,599
Income tax expense 1,984 1,146 2,432 3,901
Net income $ 3,341 $ 1,908 $ 5,094 $ 8,698
Net income per share:        
Basic $ 0.13 $ 0.08 $ 0.20 $ 0.34
Diluted $ 0.13 $ 0.07 $ 0.20 $ 0.34
Weighted average number of shares used in calculating net earnings per share:        
Basic (shares) 24,858 25,368 25,054 25,341
Diluted (shares) 25,124 25,727 25,353 25,675
Restricted stock        
Weighted average number of shares used in calculating net earnings per share:        
Dilutive securities included in dilutive shares (shares) 226 331 262 318
Options        
Weighted average number of shares used in calculating net earnings per share:        
Dilutive securities included in dilutive shares (shares) 40 28 35 16
Employee Stock Purchase Plan        
Weighted average number of shares used in calculating net earnings per share:        
Dilutive securities included in dilutive shares (shares) 0 0 2 0