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Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Wealth management services revenue $ 85,296 $ 76,117 $ 167,963 $ 153,408
Tax preparation services revenue 53,866 43,991 153,574 132,465
Total revenue 139,162 120,108 321,537 285,873
Cost of revenue:        
Wealth management services cost of revenue 56,963 51,023 112,837 103,292
Tax preparation services cost of revenue 2,411 2,023 6,229 5,230
Amortization of acquired technology 47 49 95 716
Total cost of revenue 59,421 53,095 119,161 109,238
Engineering and technology 4,242 3,959 8,990 8,254
Sales and marketing 22,296 19,913 71,294 63,750
General and administrative 13,715 11,508 27,198 24,261
Depreciation 873 963 1,813 1,938
Amortization of other acquired intangible assets 8,289 8,316 16,577 16,632
Restructuring 331 0 2,620 0
Total operating expenses 109,167 97,754 247,653 224,073
Operating income 29,995 22,354 73,884 61,800
Income from continuing operations before income taxes 5,795 11,438 39,976 43,370
Income from continuing operations 3,480 5,645 34,190 25,934
Discontinued operations, net of income taxes 0 (19,975) 0 (17,453)
Net income (loss) 3,480 (14,330) 34,190 8,481
Net income attributable to noncontrolling interests (176) (115) (302) (259)
Net income (loss) attributable to Blucora, Inc. $ 3,304 $ (14,445) $ 33,888 $ 8,222
Net income (loss) per share attributable to Blucora, Inc. - basic:        
Continuing operations, basic (in USD per share) $ 0.08 $ 0.13 $ 0.79 $ 0.62
Discontinued operations, basic (in USD per share) 0.00 (0.48) 0.00 (0.42)
Basic (in USD per share) 0.08 (0.35) 0.79 0.20
Net income (loss) per share attributable to Blucora, Inc. - diluted:        
Continuing operations, diluted (in USD per share) 0.07 0.13 0.73 0.61
Discontinued operations, diluted (in USD per share) 0.00 (0.47) 0.00 (0.41)
Diluted (in USD per share) $ 0.07 $ (0.34) $ 0.73 $ 0.20
Weighted average shares outstanding:        
Basic, Shares 43,644 41,405 42,895 41,288
Diluted, Shares 46,937 42,298 46,182 41,954
Other comprehensive income:        
Unrealized gain (loss) on available-for-sale investments, net of tax $ 0 $ (1) $ 1 $ 10
Foreign currency translation adjustment 147 1 190 323
Other comprehensive income 147 0 191 333
Comprehensive income (loss) 3,627 (14,330) 34,381 8,814
Comprehensive income attributable to noncontrolling interests (176) (115) (302) (259)
Comprehensive income (loss) attributable to Blucora, Inc. $ 3,451 $ (14,445) $ 34,079 $ 8,555