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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Revenue $ 252,745 $ 272,776 $ 758,676 $ 781,579
Cost of revenue 174,002 173,850 517,236 514,835
Gross profit 78,743 98,926 241,440 266,744
Selling, general and administrative expenses 53,886 51,338 161,709 155,310
Change in the fair value of Equator Earn Out 0 0 0 (7,591)
Income from operations 24,857 47,588 79,731 119,025
Other income (expense), net:        
Interest expense (5,952) (7,041) (18,481) (21,396)
Loss on HLSS equity securities and dividends received, net 0 0 0 (1,854)
Other income (expense), net (109) 653 2,608 1,477
Total other income (expense), net (6,061) (6,388) (15,873) (21,773)
Income before income taxes and non-controlling interests 18,796 41,200 63,858 97,252
Income tax provision (7,324) (3,303) (12,808) (8,101)
Net income 11,472 37,897 51,050 89,151
Net income attributable to non-controlling interests (883) (851) (1,973) (2,457)
Net income attributable to Altisource $ 10,589 $ 37,046 $ 49,077 $ 86,694
Earnings per share:        
Basic (in usd per share) $ 0.57 $ 1.94 $ 2.63 $ 4.42
Diluted (in usd per share) $ 0.54 $ 1.82 $ 2.49 $ 4.19
Weighted average shares outstanding:        
Basic (in shares) 18,715 19,091 18,669 19,608
Diluted (in shares) 19,568 20,411 19,738 20,688
Comprehensive income:        
Unrealized gain (loss) on securities, net of income tax benefit (provision) of $(2,070), $0, $889, $0 $ 5,016 $ 0 $ (2,156) $ 0
Comprehensive income, net of tax 16,488 37,897 48,894 89,151
Comprehensive income attributable to non-controlling interests (883) (851) (1,973) (2,457)
Comprehensive income attributable to Altisource $ 15,605 $ 37,046 $ 46,921 $ 86,694