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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenue $ 141,493 $ 204,575 $ 507,963 $ 620,569
Cost of revenue 110,906 147,580 387,651 457,980
Gross profit 30,587 56,995 120,312 162,589
Operating expenses (income):        
Selling, general and administrative expenses 27,184 46,329 104,275 132,377
Gain on sale of businesses (Note 3) (17,558) (13,688) (17,558) (13,688)
Restructuring charges (Note 23) 2,761 3,436 9,080 3,436
Income from operations 18,200 20,918 24,515 40,464
Other income (expense), net:        
Interest expense (3,357) (6,725) (16,656) (19,615)
Unrealized (loss) gain on investment in equity securities (Note 4) (2,294) 1,782 11,731 (4,186)
Other income (expense), net 406 154 1,308 (2,435)
Total other income (expense), net (5,245) (4,789) (3,617) (26,236)
Income before income taxes and non-controlling interests 12,955 16,129 20,898 14,228
Income tax provision (5,379) (6,608) (20,670) (6,059)
Net income 7,576 9,521 228 8,169
Net income attributable to non-controlling interests (411) (854) (2,091) (2,066)
Net income (loss) attributable to Altisource $ 7,165 $ 8,667 $ (1,863) $ 6,103
Earnings (loss) per share:        
Basic (in usd per share) $ 0.45 $ 0.51 $ (0.12) $ 0.36
Diluted (in usd per share) $ 0.44 $ 0.49 $ (0.12) $ 0.35
Weighted average shares outstanding:        
Basic (in shares) 15,897 17,033 16,133 17,184
Diluted (in shares) 16,151 17,575 16,133 17,669
Comprehensive income (loss):        
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 $ 0 $ (733)
Comprehensive income, net of tax 7,576 9,521 228 7,436
Comprehensive income attributable to non-controlling interests (411) (854) (2,091) (2,066)
Comprehensive income (loss) attributable to Altisource $ 7,165 $ 8,667 $ (1,863) $ 5,370