XML 18 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues $ 52,616 $ 48,038 $ 155,064 $ 142,625
Operating expenses:        
Cost of revenues 6,099 3,603 16,853 10,555
Product development 5,597 3,874 16,253 10,250
Sales and marketing 16,601 16,194 50,106 48,801
General and administrative 8,534 6,736 25,040 19,753
Depreciation 2,011 1,505 5,377 4,031
Amortization of intangible assets 2,208 1,419 5,617 4,954
Change in acquisition related contingencies 50 0 146 0
Total operating expenses 41,100 33,331 119,392 98,344
Operating income 11,516 14,707 35,672 44,281
Interest expense (378) (327) (1,097) (1,696)
Interest income 5 16 29 72
Other income 0 0 232 0
Income before income taxes 11,143 14,396 34,836 42,657
Income tax expense 4,085 3,395 12,730 13,583
Net income $ 7,058 $ 11,001 $ 22,106 $ 29,074
Basic earnings per share $ 0.12 $ 0.18 $ 0.39 $ 0.47
Diluted earnings per share $ 0.12 $ 0.17 $ 0.37 $ 0.44
Weighted average basic shares outstanding 56,606 59,907 57,324 62,214
Weighted average diluted shares outstanding 59,505 63,143 60,497 65,636