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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue $ 144,205 $ 93,268 $ 283,271 $ 181,938
Cost of revenue 92,738 63,097 184,498 118,046
Gross profit 51,467 30,171 98,773 63,892
Selling, general and administrative expenses 19,018 13,904 36,033 30,158
Income from operations 32,449 16,267 62,740 33,734
Other (expense) income, net (321) 270 (672) 614
Income before income taxes and non-controlling interests 32,128 16,537 62,068 34,348
Income tax provision (2,776) (1,847) (5,595) (3,534)
Net income 29,352 14,690 56,473 30,814
Net income attributable to non-controlling interests (1,271) (1,305) (3,163) (2,604)
Net income attributable to Altisource 28,081 13,385 53,310 28,210
Earnings per share:        
Basic (in dollars per share) $ 1.20 $ 0.54 $ 2.28 $ 1.14
Diluted (in dollars per share) $ 1.13 $ 0.52 $ 2.15 $ 1.09
Weighted average shares outstanding:        
Basic (in shares) 23,316 24,625 23,353 24,734
Diluted (in shares) 24,846 25,773 24,850 25,851
Transactions with related parties included above:        
Revenue 88,153 53,694 170,933 102,484
Selling, general and administrative expenses $ 606 $ 455 $ 1,180 $ 846