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CONSOLIDATED STATEMENTS OF INCOME (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues:                      
Portal revenues $ 42,288,106 $ 43,850,010 $ 43,783,252 $ 40,355,066 $ 38,744,664 $ 39,763,232 $ 39,481,631 $ 37,186,137 $ 170,276,434 $ 155,175,664 $ 128,573,539
Software & services revenues 2,764,733 2,838,915 2,640,677 2,378,412 2,074,432 1,956,977 1,256,317 1,070,469 10,622,737 6,358,195 4,312,190
Total revenues 45,052,839 46,688,925 46,423,929 42,733,478 40,819,096 41,720,209 40,737,948 38,256,606 180,899,171 161,533,859 132,885,729
Operating expenses:                      
Cost of portal revenues, exclusive of depreciation & amortization 25,824,503 27,122,489 26,362,294 25,420,650 24,685,746 23,686,305 23,884,902 23,295,163 104,729,936 95,552,116 76,336,220
Cost of software & services revenues, exclusive of depreciation & amortization 962,221 1,062,767 1,008,960 996,969 955,308 1,093,214 1,002,885 928,958 4,030,917 3,980,365 2,896,456
Selling & administrative 7,350,510 6,275,587 8,419,671 6,685,990 6,016,791 6,503,567 8,102,849 7,303,233 28,731,758 27,926,440 25,650,798
Nonrecurring gain on acquisition of business, net of tax                     (2,184,255)
Amortization of acquisition-related intangible assets 80,769 80,769 80,769 80,769 80,769 80,769 80,769 80,769 323,076 323,076 4,130,256
Depreciation & amortization 1,214,324 1,167,347 1,109,318 1,084,423 1,048,302 1,108,406 1,114,892 1,082,148 4,575,412 4,353,748 4,035,410
Total operating expenses 35,432,327 35,708,959 36,981,012 34,268,801 32,786,916 32,472,261 34,186,297 32,690,271 142,391,099 132,135,745 110,864,885
Operating income 9,620,512 10,979,966 9,442,917 8,464,677 8,032,180 9,247,948 6,551,651 5,566,335 38,508,072 29,398,114 22,020,844
Other income (expense), net (28,831) (9,727) 615 3,123 (9,419) 299 (1,353) 916 (34,820) (9,557) 51,705
Income before income taxes 9,591,681 10,970,239 9,443,532 8,467,800 8,022,761 9,248,247 6,550,298 5,567,251 38,473,252 29,388,557 22,072,549
Income tax provision 4,068,644 4,139,018 3,910,303 3,412,805 2,964,128 3,196,085 2,620,676 2,244,621 15,530,770 11,025,510 8,126,556
Net income $ 5,523,037 $ 6,831,221 $ 5,533,229 $ 5,054,995 $ 5,058,633 $ 6,052,162 $ 3,929,622 $ 3,322,630 $ 22,942,482 $ 18,363,047 $ 13,945,993
Basic net income per share (Note 2) $ 0.08 $ 0.11 $ 0.09 $ 0.08 $ 0.08 $ 0.09 $ 0.06 $ 0.05 $ 0.35 $ 0.28 $ 0.22
Diluted net income per share (Note 2) $ 0.08 $ 0.11 $ 0.09 $ 0.08 $ 0.08 $ 0.09 $ 0.06 $ 0.05 $ 0.35 $ 0.28 $ 0.22
Weighted average shares outstanding:                      
Basic 64,176,446 64,120,253 63,997,854 63,771,121 63,696,151 63,608,908 63,468,332 63,267,061 64,017,813 63,511,383 63,002,361
Diluted 64,324,735 64,199,973 64,060,660 63,831,274 63,884,339 63,678,249 63,528,929 63,339,721 64,156,669 63,609,080 63,080,165