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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, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Revenue $ 204,575 $ 234,979 $ 620,569 $ 726,147
Cost of revenue 147,580 174,898 457,980 538,244
Gross profit 56,995 60,081 162,589 187,903
Operating expenses (income):        
Selling, general and administrative expenses 46,329 46,622 132,377 146,793
Gain on sale of business (Note 3) (13,688) 0 (13,688) 0
Restructuring charges (Note 20) 3,436 0 3,436 0
Income from operations 20,918 13,459 40,464 41,110
Other income (expense), net:        
Interest expense (6,725) (5,599) (19,615) (16,862)
Unrealized gain (loss) on investment in equity securities (Note 4) 1,782 0 (4,186) 0
Other income (expense), net 154 2,497 (2,435) 8,015
Total other income (expense), net (4,789) (3,102) (26,236) (8,847)
Income before income taxes and non-controlling interests 16,129 10,357 14,228 32,263
Income tax provision (6,608) (2,591) (6,059) (7,615)
Net income 9,521 7,766 8,169 24,648
Net income attributable to non-controlling interests (854) (805) (2,066) (2,107)
Net income attributable to Altisource $ 8,667 $ 6,961 $ 6,103 $ 22,541
Earnings per share:        
Basic (in usd per share) $ 0.51 $ 0.39 $ 0.36 $ 1.23
Diluted (in usd per share) $ 0.49 $ 0.38 $ 0.35 $ 1.20
Weighted average shares outstanding:        
Basic (in shares) 17,033 18,023 17,184 18,337
Diluted (in shares) 17,575 18,429 17,669 18,854
Comprehensive income:        
Reclassification of unrealized gain on investment in equity securities, net of income tax provision of $200, to retained earnings from the cumulative effect of an accounting change $ 0 $ 0 $ (733) $ 0
Unrealized (loss) gain on investment in equity securities, net of income tax benefit (provision) of $0, $2,054, $0, $(78) 0 (5,530) 0 212
Comprehensive income, net of tax 9,521 2,236 7,436 24,860
Comprehensive income attributable to non-controlling interests (854) (805) (2,066) (2,107)
Comprehensive income attributable to Altisource $ 8,667 $ 1,431 $ 5,370 $ 22,753